Newly Industrialized Countries (NICs) Differ from Less-Developed Countries in That

question 14

Multiple Choice

Newly industrialized countries (NICs) differ from less-developed countries in that NICs

• A) include Canada, the United States, and Germany.
• B) attract insignificant or no foreign investment.
• C) have per capita incomes that are lower than other developing countries.
• D) have moved away from restrictive trade practices and instituted significant free market reforms.
• E) have shown slow industrialization and expansion of targeted industries.

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