Test your knowledge with our ‘Development Economics MCQs Test’: a 20-question quiz covering key concepts like economic theories, FDI, trade policies, growth models, and global development indicators. Perfect for students, economists, and job seekers preparing for exams or interviews in development economics. Sharpen your understanding of topics like the Lewis Model, Resource Curse, Brain Drain, and WTO while assessing your readiness for competitive tests. Take the quiz now and boost your expertise! Let us start with the Online Development Economics MCQs now.
Online Development Economics MCQs with Answers
- What is the name of the economic theory that suggests that government spending can stimulate economic growth during a recession?
- Which of the following is a characteristic of a command economy?
- What is the term for a government policy that restricts the quantity of a good that can be imported into a country?
- Which of the following is an example of foreign direct investment (FDI)?
- What does the “Resource Curse” refer to in development economics?
- Which theory of development emphasizes the role of cultural factors in economic growth?
- What is the primary goal of export-led growth strategies?
- Which of the following is an example of a non-renewable resource?
- According to the Lewis Model, what is the “unlimited labor supply”?
- What is the term for a situation where the price of a good is below its production cost?
- Which organization provides technical assistance and capacity-building support to developing countries?
- Which of the following is a characteristic of a mixed economy?
- What does the term “Brain Drain” refer to in the context of development economics?
- Which development indicator measures the average number of children born to a woman during her reproductive years?
- What is the main focus of the Heckscher-Ohlin model?
- Which type of aid is provided to promote economic development and reduce poverty in developing countries?
- Which of the following is a key driver of economic growth according to the Solow Growth Model?
- What does the “Poverty Trap” refer to in development economics?
- Which organization is responsible for setting global trade rules and resolving trade disputes?
- What is the name of the economic theory that argues that government intervention in the market should be minimal?
