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Standard X
Economics
Developed and Developing Countries
Countries tha...
Question
Countries that have a lower income than developed countries are referred to as developing countries.
A
True
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B
False
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Solution
The correct option is
A
True
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Q.
Countries that have low income as compared to developed countries are referred to as
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Country A and country B have the same total income. Hence, both are equally developed.
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Developing countries don't have access to developed countries market because _______.
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According to World Development Report 2006, the countries with _______ dollars p.a. and below are called low income countries.
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Globalization often benefits the rich and developed countries less than the developing countries.
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