ECONOMICS
ECONOMIC GROWTH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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TRUE
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FALSE
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Either A or B
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None of the above
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Detailed explanation-1: -Singapore When it comes to wealth, ultra-high net worth individuals flock to Singapore in Southeast Asia for all it has to offer. Singapore is one of the wealthiest countries in the world, and among the top five countries in the world for digital security, health care quality and infrastructure.
Detailed explanation-2: -The economy of Indonesia is the largest in Southeast Asia and is one of the emerging market economies. As a middle-income country and member of the G20, Indonesia is classified as a newly industrialized country.
Detailed explanation-3: -Indonesia’s economic performance has been shaped by government policy, the country’s endowment of natural resources and its young and growing labour force. Alongside the industrialisation of its economy, Indonesia’s trade openness has increased over the past half century.