Question : 31. (p. 251) Considering the United Nations’ stages of economic development for classifying : 1242284

31. (p. 251) Considering the United Nations’ stages of economic development for classifying countries with respect to levels of industrialization, if a country is an industrialized country with high per capita income, the country is in which of the following groups? 
A. PDCs (parallel-developed countries)
B. LLDCs (least-developed countries)
C. MDCs (more-developed countries)
D. NICs (newly industrialized countries)
E. RGCs (rapid-growth countries)

32. (p. 252) The United Nations classification of stages of economic development has been criticized because it: 
A. no longer seems relevant in the rapidly industrializing world.
B. does not take into consideration the level of political stability in a country.
C. does not take into consideration the social and cultural aspects of a country.
D. only focuses on the level of literacy in a country.
E. has too many categories.

33. (p. 252) Considering the United Nations’ stages of economic development presented in the text for classifying countries with respect to levels of industrialization, if a country is industrially underdeveloped, agrarian, and has subsistence society with rural populations and extremely low per capita income levels, the country is in which of the following groups? 
A. PDCs (parallel-developed countries)
B. LLDCs (least-developed countries)
C. LDCs (less-developed countries)
D. NICs (newly industrialized countries)
E. RGCs (rapid-growth countries)

34. (p. 252) Considering the United Nations’ stages of economic development presented in the text for classifying countries with respect to levels of industrialization, if a country is an industrially developing country just entering world trade with relatively low per capita income, the country is in which of the following groups? 
A. PDCs (parallel-developed countries)
B. LLDCs (least-developed countries)
C. LDCs (less-developed countries)
D. NICs (newly industrialized countries)
E. MDCs (more-developed countries)

35. (p. 252) Countries that are experiencing rapid economic expansion and industrialization and do not exactly fit as LDCs or MDCs are typically referred to as: 
A. LLDCs (least-developed countries)
B. KDCs (kinetically-developing countries)
C. PDCs (parallel-developed countries)
D. NICs (newly industrialized countries)
E. RGCs (rapid-growth countries)

36. (p. 252) Considering the United Nations’ stages of economic development presented in the text for classifying countries with respect to levels of industrialization, which of the following statements is true regarding an MDC (more-developed country)? 
A. These countries are just entering world trade.
B. Majority of its population stays in a rural area.
C. These countries have high per capita incomes.
D. These countries are experiencing rapid industrialization.
E. These countries have agrarian economies.

37. (p. 252) Most newly industrialized countries (NICs) have moved away from restrictive trade practices and instituted significant free market reforms. As a result these countries have: 
A. attracted both trade and foreign direct investment.
B. overcome environmental damages caused by lack of development.
C. reduced population pressures through labor outsourcing.
D. obtained significant amount of loans from World Bank.
E. taken measures to protect their cultures and traditions.

38. (p. 252) According to information presented in the text, Chile, Brazil, Mexico, and South Korea don’t exactly fit as MDCs (more-developed countries) or LDCs (less-developed countries). A new category applies to these countries. Identify the category. 
A. LLDCs (least-developed countries)
B. KDCs (kinetically-developing countries)
C. PDCs (parallel-developed countries)
D. NICs (newly industrialized countries)
E. RGCs (rapid-growth countries)

39. (p. 253) During the early growth of many countries, the first large open market was ____. 
A. China
B. the United States
C. Australia
D. Germany
E. India

40. (p. 253) Which of the following countries is a part of the free trade group Mercosur? 
A. Australia
B. China
C. Argentina
D. Russia
E. Thailand