Question: solve the final answer for all following 8 multiple choice questions 1. The Future challenge of Food Security in the UAE relates to O The
solve the final answer for all following 8 multiple choice questions
1. The Future challenge of Food Security in the UAE relates to
O The increasing size of the UAE population and the resulting increasing demand for food
O How to improve domestic agricultural production
O The stability of global food trade system
O All of the above
O There will not be any food security challenge for UAE at all in the future
2. When a total real output or gross domestic product (GDP) of a country increases from year to year, we call this phenomena:
O Economic development
O Economic growth
O Both economic growth and economic development
O Population growth
3. Which situation of global agricultural and food trade system is not favorable for the UAE?
O The high domestic agricultural subsidy in the industrialized countries (like Europe, USA and Japan)
O Rising and fluctuating international price of food and agricultural products
O Tariff and non-tariff trade barriers on food and agricultural trade
O All of the above
O A and C
4. The exchange rate of Dirham to US dollar is fixed. Which one is the advantage of a Fixed Exchange Rate?
O It avoids the problems related to currency exchange rate fluctuations
O It provides economic stability and encourages investment
O It helps to keep inflation at low level
O All of the above
5. Open economies (countries that largely depend on international trade) tend to choose ________exchange rate system.
O Floating
O Fixed
O Both fixed and floating
6. An antitrade-biased economic growth is
O An export-expanding type of economic growth
O An import-replacing growth
O A Pro-trade biased growth
O None of the above Question
7. The use of robots in the heavy manufacturing industries is an example of
O Labor-saving technological change
O Capital-saving technological change
O Capital -intensive technological change
O Labor- intensive technological change
O A and C only
8. The international flow of factors of production refers to:
O The flow of goods and services due to trade
O Migration of skilled and unskilled workers (labor) between countries
O The flow of capital from country to country
O B and C
O None of the above
Step by Step Solution
There are 3 Steps involved in it
The detailed answer for the above question is provided below Answers to Your Questions 1 The Future challenge of Food Security in the UAE relates to O ... View full answer
Get step-by-step solutions from verified subject matter experts
Study Help