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Economics Mcqs — Test 85

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Question 1
A feasible effect of international trade is that a (an) ?
Question 2
One classification of development levels used by the World Bank divides countries into three group on the basis of GNP per capita They are ?
Question 3
OPEC is the ?
Question 4
The Paasche index uses _________ weights?
Question 5
The University of Pennsylvania researchers Summers and Heston compute the price level of GDP as the ratio of purchasing power parity (PPP) exchange rate to the actual exchange rate where ?
Question 6
The Physical Quality of Life Index (PQLI) combines three indicators They are ?
Question 7
Longevity is proxy for ________ in the Human Development Index?
Question 8
According to the next basic needs include ?
Question 9
A primary reason why nations conduct international trade is because ?
Question 10
The formula to calculate economic growth from 2001 to 2002 is given by ?