Test your knowledge of Development Economics MCQs Test with this 20-question multiple-choice quiz! Perfect for economics students, learners, researchers, and job interview preparation. Covering key topics like FDI, resource curse, trade policies, poverty traps, and more, this quiz helps you assess your understanding of economic development concepts. Take the quiz now and boost your expertise! Let us start with the Online Development Economics MCQs Test now.
Online Development Economics MCQs Test with Answers
- 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 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?
- Which theory of development focuses on the idea that economic growth should improve the quality of life for all members of society?
- Which of the following is not a characteristic of a developing country?
- What does the “Poverty Trap” refer to in development economics?
- Which development indicator is often used to measure access to education?
- What is the primary goal of microfinance institutions?
- Which organization provides loans and financial assistance to developing countries?
- What is the name of the economic theory that suggests that government spending can stimulate economic growth during a recession?
