GINI coefficient measures the level of economic development.

Question 1 GINI coefficient measures the level of economic development. True Question 2 Eastern European has the most serious income inequality problem in the world. False Question 3 Dependency theory ...

Question 1 GINI coefficient measures the level of economic development. True Question 2 Eastern European has the most serious income inequality problem in the world. False Question 3 Dependency theory argues that it is good for developing countries to depend on developed countries to develop. False Question 4 The region most closely associated with Import Substitution Industrialization is East Asia. True Question 5 One of the similarities between Import Substitution Industrialization and the East Asian developmental state model is that both depended on some government intervention. True Question 6 The Washington Consensus was a consensus that LDCs required more aid to deal with their financial problems. True Question 7 The World Bank opposed LDC import substitution industrialization policies during the 1950s because of its free-market oriented policies. True Question 8 The Beijing Consensus presents a counterpart to the Washington Consensus because it supports a large state role in development. False Question 9 Import Substitution Industrialization (ISI) is associated by which of the following theoretical perspectives? 2. Economic liberalism Question 10 Which of the following countries has the most serious problem of income inequality according to their GINI coefficients? 2. A: 0.20 Question 11 The strongest supporters of IMF and World Bank structural adjustment programs were 1. Orthodox liberals. Question 12 Which of the following indicator is NOT used to measure Human Development Index? 1. Transportation and communication infrastructure Question 13 Which of the following countries is a periphery country? 1. Thailand Question 14 Which of the following pair of countries have contributed to the dramatic drop of the percentage of population living under $1 per day in the world? 1. China and India Question 15 The “developmental state” is a concept closest to which theorists? 1.neomercantilists