Question 1

What is the base of the Dominican Republic's economy?

Accepted Answer

Mixed economy

Answer

Tourism-only

Answer

Agriculture-only

Answer

Industry-only

Question 2

2. Which crop was historically the mainstay of the Dominican Republic's economy?

Accepted Answer

Sugarcane

Answer

Coffee

Answer

Cacao

Answer

Tobacco

Question 3

3. What controversial issue arose in the Dominican Republic in the 1990s?

Accepted Answer

Privatization of state-owned companies

Answer

Change in national language

Answer

Introduction of new currency

Answer

Shift to a communist regime

Question 4

4. What percentage of Dominicans are below the poverty level?

Accepted Answer

About three-fifths

Answer

About one-fourth

Answer

About half

Answer

About three-fourths

Question 5

5. What is the Dominican Republic's most important economic resource?

Accepted Answer

Agricultural land

Answer

Oil reserves

Answer

Service industry

Answer

Technology sector

Question 6

6. What is the main focus of the Dominican Republic's agriculture?

Accepted Answer

Self-sufficiency and export

Answer

Import substitution

Answer

Luxury crops

Answer

Biofuel production

Question 7

7. What accounts for roughly one-sixth of the Dominican Republic's GDP and workforce?

Accepted Answer

Manufacturing

Answer

Tourism

Answer

Agriculture

Answer

Mining

Question 8

8. What is the main source of foreign exchange in the Dominican Republic?

Accepted Answer

Tourism

Answer

Technology exports

Answer

Agricultural exports

Answer

Remittances

Question 9

9. What are the chief imports of the Dominican Republic?

Accepted Answer

Petroleum, foodstuffs, and manufactured goods

Answer

Pharmaceuticals, machinery, and textiles

Answer

Electronics, vehicles, and luxury items

Answer

Arms, raw materials, and medical equipment

Question 10

10. What is the major role of the Dominican Republic's Stock Market?

Accepted Answer

Managing the national monetary system

Answer

Providing loans to businesses

Answer

Trading stocks and securities

Answer

Regulating the national banking system

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