University of North Carolina BUS 342-11D Exam 2 University of North Carolina BUS 342-11D Exam 2_2016 Question Exam 2_2016 Question 1 Among GCC economies, which of the following has the the lowest per capita oil and gas production?Bahrain Oman Saudi Arabia Kuwait Question 2 Among the following countries, which one has the lowest female labor participation rate? UAE Bahrain Kuwait Saudi Arabia SEE FULL ANSWER HERE Question 3 Among the following economies, which one is not an OECD member? Romania Slovakia Poland Hungary Question 4 Commercial shariah is similar to Western business laws in most aspects. True False Question 5 During 2000-2007, absolute poverty in Russia fell by more than 50%. True False Question 6 GCC economies’ development can be attributted to the genuinely entrepreneurial class in these economies. True False Question 7 How many economies in the GCC region have a “full-fledged” democracy? 2 3 0 1 Question 8 In 1997, black market accounted for higher share of retail activity in Tajikistan than in Ukraine. True False Question 9 In GCC economies, bureaucrats are not involved in busineses. True False