Question 1 Among the benefits of privatization of state-owned enterprises is Que

Question

Question 1

Among the benefits of privatization of state-owned enterprises is

Question 2

.A Tariff is

Question 3

The functionalist role of the state in promoting development include(s)

Question 4

For every dollar ($1) in grants, the developing world spends how much on debt repayment ?

Question 5

Government Plans often fail because

Question 6

The fundamental development triangle looks at the coordination between

Question 7

The flow of private foreign investment and grants and loans is included in a country’s

Question 8

Looking at world trading patterns we see that

Question 9

Pick the most correct of the following statements-

Question 10

SOEs are often characterized by

Explanation / Answer

1.

Privatization refers to the sale of government enterprises to the private sector. The advocates of privatization argue that privatization of means of production increases efficiency and contribute to the growth of the economy.

Therefore, the correct option is: (improved efficiency.)

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2.

Protectionism is the economic policy to restrict trade through tariff, quotas and other regulations that burden foreign producers; not domestic producers. A tariff is a tax on import that will increase domestic production and decrease domestic consumption. Tariff causes consumer to switch to relatively cheaper domestic goods or to drop-out of the market.

Therefore, the correct option is: (a tax on an imported good.)

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3.

In the functionalist role of the state the governments role is to: maintain law and order, designing policies to maintain international relations, providing public goods to serve social needs, planning and directing the society to its maximizing welfare goals.

Therefore, the corretc option is: (all of the above)

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4.

According to the World Bank 2012 data the deeloping countries spends $13 for every $1 it receives in grants.

Therefore, the correct option is: ( $1.3)

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