Exam 19: Economic Development

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In developing countries,farm productivity is low because _____.

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Suppose the best and the brightest professionals of the country of Eronia migrate to Glassen for work.The upside of this brain drain is:

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Which of the following is an example of multilateral transfer?

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Differences in stages of development among countries are reflected in a number of ways besides per capita income.

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One of the reasons why poor nations have not been able to close the development gap is:

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Growth is limited for developed countries like the U.S.because _____.

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Erbia is a developing country.Erbia's neighbor Glassen is also a developing country,which is growing at a fast rate by adopting existing technology.Unlike Glassen,Erbia is not growing as fast as it should.Which of the following could be one of the reasons for the slower growth in Erbia?

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If Eddie Li is a skilled worker employed in a low-skill job,he is:

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Many developing countries were once under colonial rule,a system of government that:

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Inequality across households can be measured by looking at the share of national income:

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In some developing countries,different exchange rates apply to different categories of transaction,and therefore,_____.

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More than half the labor force in India is engaged in the manufacturing sector.

(True/False)
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Because of disappointment with the results of government aid,the trend is to _____.

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Which of the following groups is likely to lose from free trade?

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If the country of Zorg has a birth rate of greater than 2.2 births per woman,it is likely that Zorg is an industrial market country.

(True/False)
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Which of the following is true of bilateral funding?

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Privatization is the taking over of private companies by the government.

(True/False)
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Compared to industrial market countries,developing countries usually have:

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Labor productivity depends on:

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Japan has one of the most developed economies in the world because Japan is rich in natural resources.

(True/False)
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