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Questions and Answers
According to the passage, which economist argued that industry naturally begins to develop along navigable waterways?
According to the passage, which economist argued that industry naturally begins to develop along navigable waterways?
- Adam Smith (correct)
- Alfred Weber
- John Maynard Keynes
- David Ricardo
Which of the following is NOT mentioned as a potential benefit of efficient port activities according to the passage?
Which of the following is NOT mentioned as a potential benefit of efficient port activities according to the passage?
- Attracting new industries related to maritime trade
- Reducing transportation costs in the production sector
- Expanding market opportunities for regional firms
- Increasing unemployment in the region (correct)
According to the passage, how can efficient port activities promote economic growth?
According to the passage, how can efficient port activities promote economic growth?
- By reducing the need for transportation infrastructure investment
- By increasing the demand for unskilled labor in the region
- By reducing the cost of imports and exports, thereby increasing competitiveness (correct)
- By attracting foreign direct investment to the region
Which economic concept is mentioned in the passage as a potential benefit of efficient port activities?
Which economic concept is mentioned in the passage as a potential benefit of efficient port activities?
According to the passage, what did Alfred Weber argue regarding the location decisions of firms?
According to the passage, what did Alfred Weber argue regarding the location decisions of firms?
Which of the following is NOT a direct economic impact of port activities?
Which of the following is NOT a direct economic impact of port activities?
What is the primary reason for governments to have port development plans?
What is the primary reason for governments to have port development plans?
What type of economic impact is derived from the consumption and investment by companies and agents related to port activities?
What type of economic impact is derived from the consumption and investment by companies and agents related to port activities?
What is a positive multiplier effect of efficient transport systems?
What is a positive multiplier effect of efficient transport systems?
In 2011, how much revenue was generated from maritime services in the United Kingdom, according to the text?
In 2011, how much revenue was generated from maritime services in the United Kingdom, according to the text?
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