Which One of the Following Has NOT Been Offered as a Possible

question 19

Multiple Choice

Which one of the following has NOT been offered as a possible reason for instability in exports of less developed countries?

• A) high degree of commodity concentration of exports
• B) low export demand elasticity coupled with shifting export supply curve
• C) low export supply elasticity coupled with shifting export demand curve
• D) high export supply elasticity coupled with shifting export supply curve

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Definitions:

Minimum Wage

An hourly wage floor set by government that firms must pay their workers.

Poor Children

Refers to children living below the poverty line, lacking access to essential resources such as food, shelter, and education.

Single Mother

A woman raising her child or children without the support of a partner within the household.

Family

A social unit consisting of individuals related by blood, marriage, or other forms of partnership, often forming a household.