MCQs: Theodore panayotou (1993) argues that environment degradation originates from the following EXCEPT ?
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MCQs: The booming of North Seas’ gas export revenues in the 1970s that appreciated the guilder, making industrial export more costly in foreign currencies and increasing foreign competition and unemployment is known as ?
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MCQs: Negative externality is also known as ?
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MCQs: Which of the following is an example of tragedy of commons ?
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MCQs: The Organization of Petroleum Exporting Countries (OPEC) is a(n) _________whose members agree to limit output and fix prices?
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MCQs: Progress that meets the needs of the present without compromising the ability of future generations to meet their own needs is ?
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MCQs: The essential difference between capitalism and socialism is that ?
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MCQs: What is Baran’s explanation for underdevelopment in Asia, Africa, and Latin America ?
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MCQs: OECD stands for ?
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MCQs: For Rosentein Rodan a major indivisibility is in ?
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MCQs: The Vicious circle theory indicates that ?
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MCQs: Feudalism was undercut by?
I- the migration of serfs to the town
II- factory competition with handicraft and manorial production
III- expanded transport trade, discovery and new international markets
IV- the rise of the business corporation
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MCQs: Adam Smith advocated ?
I- laissez faire
II- the invisible hand
III- free trade policy
IV- competitive markets
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MCQs: A theory ?
I- is a systematic explanation of relationships between economic variables
II- explains causal relationships among variables
III- provides a basis for policy
IV- provides an explanation of all factors influencing economic growth.
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MCQs: The Harrod Domar growth model suggests that growth is ?
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MCQs: Baran’s Neo-Marxist thesis has been criticized for ignoring the probability that power is frequently ?
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MCQs: Criticisms of Rostow’s stages of development include ?
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MCQs: The Ultimate effect of the invisible hand of Adam Smith is that in a competitive economy everyone ?
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MCQs: The Lawis model explains how growth gets started in a less developed economy ?
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MCQs: A major dependency theorist Andre Gunder Frank Suggests that the following economic activities have contributed to underdevelopment:
I- Workers migrating from villages to foreign-dominated urban complexes
II- Forming an unskilled labor force to work in factories and mines and on plantations
III- Replacing indigenous enterprises with technologically more advanced global subsidiary companies
IV- Closing the economy to trade with and investment from, developed countries
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