15 MCQ on Inequality among nations with answers
15 MCQ on Inequality among nations with answers
1. What is one of the primary indicators used to measure inequality among nations?
A) Gross Domestic Product (GDP) per capita
B) Total population
C) Land area
D) Total government expenditure
Answer: A) Gross Domestic Product (GDP) per capita
2. Which of the following factors contributes significantly to inequality among nations?
A) Cultural diversity
B) Geographic location
C) Historical colonialism and imperialism
D) Political stability
Answer: C) Historical colonialism and imperialism
3. The concept of "North-South divide" refers to:
A) The division between developed and developing countries
B) The geographical separation of nations based on latitude
C) The political differences between Northern and Southern hemisphere countries
D) The division between Eastern and Western blocs during the Cold War
Answer: A) The division between developed and developing countries
4. Which international organization focuses on reducing inequality among nations through development assistance and poverty alleviation programs?
A) International Monetary Fund (IMF)
B) World Bank
C) World Trade Organization (WTO)
D) United Nations Educational, Scientific and Cultural Organization (UNESCO)
Answer: B) World Bank
5. Inequality among nations is often measured using which economic indicator?
A) Gini coefficient
B) Human Development Index (HDI)
C) Purchasing Power Parity (PPP)
D) Lorenz curve
Answer: B) Human Development Index (HDI)
6. Which region is commonly referred to as the "Global South" due to its economic and developmental challenges?
A) Europe
B) North America
C) Sub-Saharan Africa
D) East Asia
Answer: C) Sub-Saharan Africa
7. Which economic theory suggests that inequality among nations is perpetuated by the unequal distribution of resources and wealth?
A) Classical economics
B) Neoliberalism
C) Dependency theory
D) Keynesian economics
Answer: C) Dependency theory
8. Which of the following is an example of a structural factor contributing to inequality among nations?
A) Climate change
B) Technological innovation
C) Free trade agreements
D) Access to education
Answer: A) Climate change
9. Which type of inequality refers to disparities in income and wealth among nations?
A) Social inequality
B) Economic inequality
C) Political inequality
D) Cultural inequality
Answer: B) Economic inequality
10. How does globalization impact inequality among nations?
A) It reduces inequality by promoting economic growth and trade opportunities.
B) It exacerbates inequality by favoring developed countries and multinational corporations.
C) It eliminates national borders and creates a level playing field for all countries.
D) It has no significant impact on inequality among nations.
Answer: B) It exacerbates inequality by favoring developed countries and multinational corporations.
11. Which of the following factors contributes to the persistence of inequality among nations?
A) International aid and development assistance
B) Access to natural resources
C) Equal distribution of technology
D) Global governance mechanisms
Answer: B) Access to natural resources
12. Which international forum provides a platform for discussions on global economic issues, including inequality among nations?
A) Group of Seven (G7)
B) United Nations General Assembly
C) World Economic Forum (WEF)
D) Non-Aligned Movement (NAM)
Answer: C) World Economic Forum (WEF)
13. Which of the following strategies is often proposed to address inequality among nations?
A) Protectionism and trade barriers
B) Military intervention and regime change
C) Structural adjustment programs and austerity measures
D) Development aid and investment in education and healthcare
Answer: D) Development aid and investment in education and healthcare
14. Which term describes the process by which wealth and resources are transferred from poorer to richer nations?
A) Trade liberalization
B) Brain drain
C) Resource extraction
D) Capital flight
Answer: D) Capital flight
15. What role do international trade agreements play in shaping inequality among nations?
A) They promote equal distribution of resources and wealth among nations.
B) They reinforce existing power dynamics, often favoring richer nations.
C) They eliminate trade barriers and create a level playing field for all countries.
D) They have no significant impact on inequality among nations.
Answer: B) They reinforce existing power dynamics, often favoring richer nations.
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