Theories of Economic Development Mcqs


Q.  Which of the following was not a classical economist ?

a. Adam Smith
b. Thomas R. Malthus
c. John Stuart Mill
d. John Maynard Keynes


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  Rapid increase in the price level during periods of recession of high unemployment are known as ?
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MCQs:  The government increase government spending to try to reduce unemployment This is an example of ?
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MCQs:  Keynesian economics became popular because it was able to explain ?
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MCQs:  According to the classical economists the economy ?
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MCQs:  Prices that do not always adjust rapidly to maintain equality between quantity supplied and quantity demanded are ?
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MCQs:  Criticisms against the North American Free Trade Agreement include all of the following except ?
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MCQs:  Trade creation will more likely outweigh trade diversion for Country X that forms a customs union if the level of tariffs in Country X prior to the customs union is ________ and the total number of countries forming the customs union is _________?
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MCQs:  A positive, dynamic effect of economic integration is illustrated by ?
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MCQs:  _________ is said to exist when the formation of a regional trading group leads to an expansion of trade above pregroup levels ?
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MCQs:  ________ is said to exist when the formation of a regional trading group leads to the reduction of trade with nonmember countries in favor of member countries ?
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MCQs:  If A forms a customs union with C, the value of trade diversion will be ?
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MCQs:  If A imposes a per unit tariff of $10 on imports from both B and C A will import ?
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MCQs:  Trade diversion takes place when ?
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MCQs:  The implementation of a common market involves all of the following except ?
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MCQs:  As of 2002, the ________ became the official currency union of the European Monetary System ?
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MCQs:  The implementation of the European Union has ?
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MCQs:  The European Union is an example of a/an ?
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MCQs:  The European Union has achieved all of the following except ?
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MCQs:  Under the EU’s Common Agricultural Policy, a variable import levy equals the ?
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MCQs:  Trade creation takes place when ?
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