Which of the following is not an international economic organization?
Economic Commission for Africa (ECA)
African Development Bank (ADB)
World Health Organization (WHO)
International Monetary Fund (IMF)
Correct answer is C
The World Health Organization (WHO) is not an economic organization. It is an organisation that is responsible for international public health within the United Nations and partners in global health responses.
International economic organization are organisations that function to resolve trade disputes, observe the global economy, promote fair and successful trade, solve the problems of various countries and encourage trade in developing countries.
An efficient weapon used in resolving dispute between employers and employees is
Co-operation
Collective bargaining
Display of placards
Legal action
Correct answer is B
Collective bargaining is a process of negotiation between employers and a group of employees aimed at agreements to regulate working salaries, working conditions, benefits, and other aspects of workers' compensation and rights for workers.
Which of the following is not a member of the Economic Community of West African State (ECOWAS)?
Cape Verde
Senegal
Cameroon
Niger
Correct answer is C
The 15 members of the Economic Community of West African States (ECOWAS) are Benin, Burkina Faso, Cape Verde, Cote d'Ivoire, The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo.
A country whose population size is too small relative to its resource is
Over populated
Optimally populated
Under populated
Producing the optimum output
Correct answer is C
Under population is a situation where a population is too small, therefore unable to fully utilize the available resource endowments.
Under population is also characterized by a situation where the available resources are capable of supporting a much larger population with no reduction in living standards.