Keiretsu refers to ?

A. Groups of affiliated companies loosely organized around a large bank
B. Horizontal manufacturing groups consisting of a core company and its partners
C. State-assisted entrepreneurs
D. Financial cliques

Korea’s keirestsu-like corporate conglomerates is known as ?

A. Zaibatsu
B. Chaebol
C. Laissez faire
D. Bourgeosiie

More than seventy percent of the population of fast g: owers lives in ?

A. China
B. United states
C. Russia
D. Europe

The developed nations have only about 15% of the world’s population, but they are estimated to consume _______ of the world’s output ?

A. 80%
B. 65%
C. 50%
D. 25%

Many developing countries instituted import substitution policies because ?

A. The prices of the goods they imported were falling
B. The price of goods they exported were increasing
C. Their terms of trade were deteriorating
D. Their terms of trade were improving

Which of the following factors has been suggest as an explanation for the lack of economic growth in many poor nations ?

A. The constraints imposed by dependency on the already-developed nations
B. A steady rate of capital formation
C. An adequate level of social overhead capital
D. The supply of human resources is too high

One of the benefits of putting resources into agricultural projects is that ?

A. Successful agricultural projects produce surplus food to support urban development
B. Agricultural investment will prevent the flight of capital abroad
C. Agricultural projects usually have low import requirements
D. Export prices for agricultural products are more stable than those for industrial products

The policy that has been the most successful in increasing agricultural output in developing countries is ?

A. Mechanization
B. Land reform
C. Import substitution
D. Produce marketing boards

Which of the following is NOT one of the problems facing most developing nations ?

A. Food shortages
B. Foreign debt
C. Rapid population growth
D. Labor shortages

Structuralist economists who study developing countries focus their attention on ?

A. Changes in industrial structure over time
B. Specific barriers to development and how to overcome them
C. The impact of international trade structures on developing countries
D. The caste of class structure and discrimination in the labor market