ECONOMICS
TRADE EXCHANGE AND INTERDEPENDENCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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developed economy
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transitioning economy
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developing economy
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None of the above
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Detailed explanation-1: -In the given options countries like USA, Japan and Russia are highly developed in most of the fields and developed their own resources. On the other hand, Nepal is a developing country which has not yet achieved development.
Detailed explanation-2: -A developed country-also called an industrialized country-has a mature and sophisticated economy, usually measured by gross domestic product (GDP) and/or average income per resident. Developed countries have advanced technological infrastructure and have diverse industrial and service sectors.
Detailed explanation-3: -The correct option is B Low population growth rate.
Detailed explanation-4: -Rwanda. São Tomé and Príncipe. Senegal. Sierra Leone. Somalia. South Sudan. Sudan. Tanzania. More items