Economics MCQs

A. Trade account surplus
B. Massive reverse outflows of capital
C. Technological transfer from dcs
D. Symmetric informational in financial market

A. Structural adjustment loans
B. Sectoral adjustment loans
C. Internal adjustment loans
D. External leverage loans

A. Unrealistic for imf to intervene in the financial markets of poor countries during the crisis
B. Impractical for the imf to loan short term as reforms can only be effective in the middle to long run
C. Crucial that the imf intervene in the reform of fiscal policy of the country and not the monetary policy
D. None of the statements above is correct

A. Excessively committed to writing down ldc debt
B. A managed duopoly of policy advice
C. A u.s monoply
D. The initiator of hipcs debt forgiveness

A. Screening of debtors based on their regional location
B. World bank requiring ldcs seconded by a dc to get loan reduction
C. Loan denial to crisis-stricken highly indebted countries
D. None of the above

A. Comparative advantage
B. High exchange rates
C. Trade barriers
D. Trade quotas

A. Comparative advantage
B. Absolute advantage
C. Opportunity cost
D. Relative costs

A. Overproduce, under consume
B. Overproduce, overconsume
C. Underproduce, under consume
D. Underproduce, overconsume

A. An import subsidy
B. A quota
C. Comparative advantage
D. An export subsidy

A. Banks were unable to function
B. There was little corporate control
C. Vital infrastructure was missing
D. All of the above