Microeconomics of Competitiveness: Asparagus Production in Peru
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Questions and Answers

What is the estimated population of Peru?

  • 40 million
  • 35 million
  • 29.5 million (correct)
  • 20 million

    • What was the approximate per capita income of Peru in 2010?

  • $15,000
  • $5,000
  • $10,000 (correct)
  • $8,000

    • Which of the following countries does not share a border with Peru?

  • Argentina (correct)
  • Bolivia
  • Ecuador
  • Brazil

    • What was the cause of the sharp downturn in Peru's economy in 2009?

    <p>Global Financial Crisis</p> Signup and view all the answers

    What is the suggested strategy for Peru to maintain its competitive position?

    <p>Focusing on education quality and innovation capacity</p> Signup and view all the answers

    What is the region that Peru is part of?

    <p>South America</p> Signup and view all the answers

    What has driven Peru's economic growth in recent years?

    <p>Rise in world commodity prices</p> Signup and view all the answers

    What is Peru's ranking in the global asparagus production market?

    <p>Leading fresh producer and second largest processed producer</p> Signup and view all the answers

    What has contributed to the success of Peru's asparagus production cluster?

    <p>Investment in infrastructure and favorable macroeconomic conditions</p> Signup and view all the answers

    What has increased significantly in Peru, coinciding with new free trade agreements?

    <p>Foreign direct investment</p> Signup and view all the answers

    What is a challenge facing Peru, despite its economic growth?

    <p>Underdeveloped political institutions</p> Signup and view all the answers

    In which regions of Peru is asparagus production concentrated?

    <p>Ica and La Libertad</p> Signup and view all the answers

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