• MCQ

1.Mahathir Mohamad focused on …... to achieve the development to Singapore.

a. Technical education
b. University education
c. Theoretical education
d. All of the above
ans:a

2.Classification countries into developed, developing and new industrial countries

based on ……
a. Structure of imports and exports
b. Economic growth and development
c. Balance payment
d. a and c
ans:d
3.The primary factor used to distinguish between developed countries and
developing countries is the
a. gross domestic product building

b. gross national product

c. efficiency

d. effectiveness
ans:a
4.Singapore is a ........ Country, but Egypt is a ........ country
a. Developing, Newly industrial
b. Industrial, Developing
c. Newly industrial, Industrial
d. Newly industrial, Developing
ans:d
5. ...... an example of countries cursed by resources.
a. Singapore
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b. Egypt
c. Saudi Arabia
d. Malaysia
ans:c
6.More than 85% of Malaysian exports are ...... and more than 90% of Saudi exports are......
a. high-tech products, Industrial products
b. raw materials, high-tech products
c. high-tech products, raw materials
d. Industrial products, high-tech products
ans:c
7. SWOT analysis can be applied on the:
a. Personal level
b. Company level
c. Country level
d. All of the above
ans:d
8. Strengths in Egypt include its:
a. Location
b. History
c. Climate
d. All of the above
ans:d
9.Exploration and finding of new gas well is an example of ......
a. Economic Growth
b. Economic Development
c. a and b
d. a or b
ans:a
10. ....... is the third largest exporter of oil in the world and has the largest governmental
deposit in the world of oil funds.
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a. Saudi Arabia
b. United States
c. Norway
d. The United Arab Emirates
ans:c
11. SWOT analyzes represent ......
a. leadership management
b. strategic planning
c. human resource management
d. economic development
ans:b
12. Of the countries that have been cursed by resources
a. New York
b. Kuwait
c. Egypt
d. Malaysia
ans.b
13. The main source of foreign currency for Egypt is
a. Egyptian climate
b. the remittances of Egyptian workers abroad
c. Egyptian welfare
d. Egyptian culture
ans:b
14. About....... of the world historical heritage is in Egypt
a. one fifth
b. one forth
c. one third
d. none of the above
ans:c
15.What is the first step in making strategic planning is…….
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a. working hard
b. setting a Vision
C. Corruption reform
d. Education support
ans:b
16.Economic growth can be measured by…...
a. MPC
b. GDP
c. MSB
d. MPB
ans:b
17.Which of the following could be a threat for Egypt?
a. Renaissance Dam in Ethiopia
b. COVID-19
c. Terrorism
d. All of the above
e. None of the above
ans:d
18.Al-Azhar for Egypt according to SWOT analyzes represents
a. strengths
b. weakness
c. opportunities
d. threats
ans:a
19.About ...... % of world trade passes through the Suez Canal each year
a. 17%
b. 35%
c. 10%
d. 12%
ans:d
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20. Before making a strategic planning first you have to ……
a. make swot
b. pave the way
c. collect data internally
d. none of the above
ans:b
21.World Bank and ........ ,GATT is the third economic pillar of worldwide
dimensions.
a. International Economic Association (IEA)
b. International Monetary Funds (IMF)
c. International Development Bank (IDB)
d. International Funding Organization (IFO)
ans:b
22.When was IMF established?
a. Dec. 27,1945
b. Jan. 30, 1947
c. Jan.1, 1946
d. Sept. 24, 1947
ans:a
23.Which of the following is not the objective of the IMF?
a. To promote international monetary cooperation
b. To ensure balanced international trade
c. To ensure exchange rate stability
d. To provide loan to private sectors
ans:d
24.Which of the following is the main objective behind the establishment of World
Bank?
a. encourages countries to move from public sector to private sector
b. fighting poverty

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c. development and reconstruction of Europe
d. all of the above
ans:d
25. Which of the following would lead a multinational firm to engage in direct
foreign investment rather than export?
a. low cost of production in the foreign country
b. high tariffs in the foreign country
c. high cost of transporting goods
d. all of the above
ans:a
26. The term “hot money” is used to refer to
a. Currency + reserves
b. Foreign portfolio investment
c. Net foreign direct investment
d. None of the above
ans:b
27.Which of the following are advantages of foreign direct investment (FDI)?
a. Increase national income
b. provides technology transfer
c. creates competitive market
d. increase GDP
e. all of the above
ans:e
28. Which of the following is the best example of foreign direct investment?
a. The Chinese government buying United States Treasury bonds.
b. A business in the United States selling machinery to a company in Japan.
c. A United States citizen buying Mexican bread.
d. A Japanese software company buying a factory in Egypt
ans:d
29. Which of the following is an example of foreign direct investment?
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a. Chinese company buying a microprocessor factory in Korea
b. An increase in the demand for U.S. dollars by foreigners.
b. A decrease in the supply of U.S. dollars by Americans.
c. The sale of financial service to a foreign investor by a U.S. bank
ans:a
30.Which of the following is considered a factor that the investor study and based
on this study he decides where to invest ?
a. Economic factors
b. Social factors
c. political factors
d. legal factors
e. all of the above
ans:e
31.When a country develops
a. Per capita income rises
b. Specialization increase
c. Urbanization rises
d. All of the above
ans:d
32.When economic development takes place:
a. Exports increase
b. Imports increase
c. Capital stock decrease
d. All of the above
ans:a
33.Foreign investment can be attracted if we increase
a. Taxes
b. Democracy
c. Bureaucracy
d. time of dispute settlement
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ans:b
34.Economic development:
a. Is the same as economic growth
b. Means improvement in lifestyle
c. Exists when there is unequal distribution of income
d. All of the above
ans:b
35.River Nile is …. advantage for Egypt
a. comparative
b. competitive
c. accumulative
d. Created
ans:a
36.Egypt is an economy:
a. Developing
b. Developed
c. Fast growing economy
d. None of the above
ans:a
37.When economic development takes place:
a. Exports decrease
b. Imports increase
c. Capital stock decrease
d. All of the above
e. None of the above
ans:e
38.Which of the following is NOT a characteristic of underdeveloped countries:
a. Low per capita income
b. Low growth rate of GDP

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c. Low educational levels
d. Low population growth rate
ans:d
39.Sudden is underdeveloped because of:
a. Equal distribution of income
b. Lack of education and political government
c. Poor governance and corruption
d. b and c
e. All of the above.
ans:d
40. Egypt has weaknesses on the:
a. Population
b. Administrative level
c. a and b
d. None of the above
ans:c

• True&False
41.Adam smith made the theory of comparative advantage?
a. True
b. False
ans:b
42.Expansion of trade and interest in exports represent a comparative advantage.
a. True
b. False
ans:b
43.Egypt's Nile represents a comparative advantage.
a. True
b. False
ans:a
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44.All countries have a competitive advantage.
a. True
b. False
ans:b
45.Attention to technical education leads to economic development.
a. True
b. False
ans:a
46.Mahathir Mohamad was interested in secondary or university education at the
expense of technical education.
a. True
b. False
ans:b
47.Mahathir Mohamad set 8 principles for economic development of the state.
a. True
b. False
ans:b
48.Population density represents two weaknesses and strengths in Egypt of course
for the principle of swot.
a. True
b. False
ans:a
49.Eliminating administrative weakness and eliminating corruption is one of
Egypt's strengths.
a. True
b. False
ans:a
50.Sowt analyses were applied for the first time in education.
a. True
b. False
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ans:b
51.The Arab Gulf countries have economic development and not economically
developing countries.
a. True
b. False
ans:b
52.The state's multiple scientific innovations are a target for economic
development.
a. True
b. False
ans:a
53.Growth and development are equal.
a. True
b. False
ans:b
54.Economic Development is much better than Economic growth to achieve and
helping countries to achieve their goals.
a. True
b. False
ans:a
55.Saudi Arabia is rich so we can say it is developed.
a. True
b. False
ans:b
56. Economic development is a temporary development.
a. True
b. False
ans:b
57.Economic growth will not be sustainable for a long time.
a. True
b. False
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ans:a
58. Emirates is one of the rich countries.
a. True
b. False
ans:a
59.The economy of Saudi Arabia is based on natural resources.
a. True
b. False
ans:a
60.USA's economy is based on industries.
a. True
b. False
ans:a
61.Developed countries are being concerned about the past.
a. True
b. False
ans:b
62.Industrial countries are developed countries.
a. True
b. False
ans:a
63.There is a difference between comparative advantages, and competitive
advantages.
a. True
b. False
ans:a
64.competitive advantages are given, but comparative advantages are created.
a. True
b. False

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ans:b
65.Arab Gulf countries are rich countries, so we can say they are developed
countries.
a. True
b. False
ans:b
66.In order for countries to be developed, it must take economy based on many
different industries.
a. True
b. False
ans:a
67.Norway has made the smallest governmental deposit to secure the future of the
next generations.
a. True
b. False
ans:b
68.More than 90% of Saudi Arabia exports are raw materials, so it's considered as
a developed country.
a. True
b. False
ans:b
69.There are certain countries are made to be underdeveloped, and other countries
are made to be developed.
a. True
b. False
ans:b
70.Economic development is a comprehensive concept that measures development
and welfare based on Economic measures.
a. True
b. False

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ans:a
71.Third economic pillar of worldwide (GATT) dimensions established after
World War II for the development and reconstruction of Europe.
a. True
b. False
ans:b
72.The main objective behind the establishment of GATT to settle disputes
between nation and to achieve free movement of goods and services between
countries.
a. True
b. False
ans:a
73. Economic Growth is a temporary development that never lasts for long time.
a. True
b. False
ans:a
74. If we want to make Egypt one of the top 20 countries worldwide, we need to
make a strategic plan.
a. True
b. False
ans:a
75. The “s” in SWOT analysis refers to strategic.
a. True
b. False
ans:b
76. The “W” in SWOT analysis refers to work.
a. True
b. False
ans:b
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77. The “O” in SWOT analysis refers to obligation.
a. True
b. False
ans:b
78.The “T” in SWOT analysis refers to total consumption.
a. True
b. False
ans:b
79. Foreign direct investment is an easy task.
a. True
b. False
ans:b
80.When imports higher than exports that causes shortage in the balance of
payments, so our national currency value gets down.
a. True
b. False
ans:a
81.FDI is called "Cold Money" and generally considered long-term investment.
a. True
b. False
ans:a
82.FII is called "Hot Money" and this form of foreign investment is more
favorable.
a. True
b. False
ans:b
83.Swot analysis refer to the analysis of Strength, Weaknesses, Threats and
Opportunities.
a. True
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b. False
ans:a
84.Sustainable development is the development that threatens the needs of future
generations.
a. True
b. False
ans:b
85.Japan Exports knowledge not resources.
a. True
b. False
ans:a
86.Each country has its comparative advantage.
a. True
b. False
ans:a
87.Comparative advantage is given but competitive advantage is created.
a. True
b. False
ans:a
88.Most developed countries exports are a comparative advantage.
a. True
b. False
ans:b
89.There is no difference between Economic growth and Economic Development.
a. True
b. False
ans:b
90.Economic growth guarantees sustainable development.
a. True

16
b. False
ans:b
91.Economic Growth is the increase in the standard of living and quality of life
and education.
a. True
b. False
ans:b
92.Growth is a temporary issue.
a. True
b. False
ans:a
93.If the gulf states don’t develop their activities and plan for the future, they will
not be able to achieve sustainable development.
a. True
b. False
ans:a
94.The economy of Japan based on resources.
a. True
b. False
ans:b
95.The Egyptian judiciary system is considered one of Egypt’s opportunities.
a. True
b. False
ans:b
96.The Egyptian courts are too delayed which makes it one of Egypt’s strengths.
a. True
b. False
ans:b
97.Developing countries need to achieve growth not development.

17
a. True
b. False
ans:b
98. Development is a temporary issue.
a. True
b. False
ans:b
99.Development and growth are different issues.
a. True
b. False
ans:a
100.Developed countries do not depend on exporting raw materials.
a. True
b. False
ans:a
101.We cannot achieve sustainable development through only growth .
a. True
b. False
ans:a
102.To achieve sustainable development, you should focus on the structural
change.
a. True
b. False
ans:a
103.History and heritage are among the most important strengths that distinguish
Egypt due to its possession of about one third of the world’s monuments, which
encourages the process of tourism.
a. True
b. False

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ans:a
104.Sustainable development is the development that considers the needs of the
current generation without trespassing the rights of the future generations.
a. True
b. False
ans:b
105.Development is part of the growth.
a. True
b. False
ans:b
106.Not all countries have comparative advantage.
a. True
b. False
ans:b
107.The country should have focus on theoretical education rather than technical
education to achieve development.
a. True
b. False
ans:b
108.Management and strategic planning are important processes that differentiate
developed countries from developing countries.
a. True
b. False
ans:a
109.Comparative advantage is created but competitive advantage is given.
a. True
b. False
ans:b
110.Japan has some strong competitive advantages.
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a. True
b. False
ans:a
111.IMF refers to international monetary fund.
a. True
b. False
ans:a
112.IMF cares about the monetary and financial issues.
a. True
b. False
ans:a
113.60% of Egypt’s population are young people which makes it a threat for
Egypt.
a. True
b. False
ans:b
114.Agriculture is one of Egypt’s strengths.
a. True
b. False
ans:a
115 .there are two structure of countries based on their exports.
a. True
b. False
ans:b

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