10 Questions
According to Adam Smith, industries naturally begin to subdivide and improve themselves along the banks of non-navigable rivers.
False
Alfred Weber suggested that firms tend to locate where only one mode of transportation is available.
False
Reducing transportation costs in the production sector can decrease the efficiency of the production process.
False
Higher external trade is not directly linked to higher economic growth.
False
Seaports have minimal impact on the domestic economy according to economic theories.
False
When transport systems are inefficient, they provide economic and social opportunities that result in positive multiplier effects.
False
The national income will decrease through negative multiplier effects as a result of the investment in port logistics.
False
Direct impacts of ports include sectors like freight forwarders and customs services.
True
Indirect impacts of ports are generated from the impact of ports on the agricultural sector.
False
Every government has a port development plan with the aim of decreasing citizens' wealth.
False
Explore the impact of port activities on regional development and economic growth, as discussed by Adam Smith in 1776. This quiz covers the role of efficiency and effectiveness of ports in facilitating industry growth along sea-coasts and navigable rivers.
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