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According to the criteria set out in the text regarding core nations, which of the following countries would be deemed a core nation?
Cyclical Stock
A stock that's price is affected by macroeconomic or systematic changes in the overall economy, typically performing well during economic expansions and poorly during contractions.
Boom Economy
A period characterized by rapid economic growth, significant increases in jobs, and elevated consumer spending.
Recessionary Period
A period of economic decline during which trade and industrial activity are reduced, typically recognized by a fall in GDP in two successive quarters.
Standard Deviation
A measure of the dispersion or variability in a set of data points or investment returns, indicating how much variation exists from the average.
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