I am creating a user registration form where I want to capture where the user lives. It does not seem realistic to enter all country name manually in the select field. Does Toolset offer a default country list dropdown that I use?
Unfortunately, there is no alternative to manually entering the options.
There are no API functions that would help to generate such a dropdown list programmatically, but once you have set up such a field on one site you would be able to export the Types settings and import them to another site.
I've added this thread to an internal ticket we have about improving this in the future.