Characteristics and Institutions of Developing Countries
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- Characteristics and Institutions of Developing Countrieseconomics-mcqs › characteristics-and-institutions-of-developing-countries
- Published
- 2 Jun 2019
- Last updated
- 28 May 2026
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Explanation
Option A correctly defines export primary commodity concentration ratios as the percentage of commodity exports relative to the GDP per capita of the exporting country divided by that of the importing country. Other options describe different economic ratios unrelated to this specific measure.
More Characteristics and Institutions of Developing Countries MCQs
Practice related questions from the same subject.
- 1.What characteristic sets a dual economy apart from other types of economies?
- 2.What defines a dual economy in a country?
- 3.What is the ratio between the population density of developing nations and the total population of developed nations?
- 4.In low-income nations, how much surplus does the typical farming household generate?
- 5.If the real income of Developing Island rises from $120,000 in 2005 to $160,000 in 2006, and its population grows from 1,000 to 1,100 during that time, approximately how much did the real income per person increase?
- 6.Identify the country from the list below that is classified as a middle-income nation rather than a high-income one.
- 7.Which statements correctly describe clientelism?
- 8.Which of the following statements is NOT true about the informal sector?
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