Asymmetric Information & Trade Policies for the Developing Nations Mcqs


Q.  Which of the following must be true about a signal that is used to reveal private information in order for the signal to be effective ?

a. It must be “as seen on TV”
b. It must be free to the signaling party
c. It must be costly to the signaling party but less costly to the party with higher-quality product
d. It must be applied to an inexpensive product


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  _________ policies attempt to foster industrialization by establishing high barriers to imports of foreign goods to promote local production ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Export-led growth strategies tend to emphasize ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Import substitution is an example of ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Because supply and demand conditions for primary products are very price inelastic their prices ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Which of the following strategies have developing countries not used to deal with the problem of unstable export markets ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  The ability of the Organization of Petroleum Exporting Countries (OPEC) to maximize profits is hampered by ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  All of the following are trade problems of developing countries except?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  To be considered a good candidate for export cartel, a commodity should ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Hong Kong and South Korea are examples of developing nations that have recently pursued ________ industrialization policies?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  For the oil-importing countries, the increase in oil prices in 1970s and early 2000s contributed to all of the following except ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  A widely used indicator to differentiate developed countries from developing countries is ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Instead, assume that global economic expansion causes the quantity of tin demanded to increase by 4 million pounds at each price To maintain price of tin at the target price you would ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Assume that global recession causes the quantity of tin demanded to decrease by 4 million pounds at each price To maintain the price of tin at the target price you would ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Assume That the firms operate as purely competitive sellers (a purely competitive industry) In the long run, equilibrium price equals _________ quantity equals _________ and profits total _________?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Which of the following organizations primarily provides long-term loans to developing countries to help them develop their infrastructure such as schools hospitals and roads ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  The People’s Republic of China ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  The OPEC oil cartel ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Economic growth occurs because ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Suppose that the supply curve of tin is highly inelastic. If the demand curve of tin decrease and increase cyclically along the supply curve of tin, then in this market the size of the quantity fluctuation will bathe size of the price fluctuations ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Suppose that the world price of tin is above the target (ceiling) price that is defined by an international commodity agreement. To move the world price toward the target price, a buffer stock agreement would require its buffer stock manager to ____ tin and an export quota agreement would require that member countries _________ their export of tin?
Category: Economics Mcqs,   Published by: teswesm