The Population Growth Rate in IACs (Industrially Advanced Countries) in 2000-2010

question 212

Multiple Choice

The population growth rate in IACs (industrially advanced countries) in 2000-2010 averaged 0.7 percent per year. This compares to what percentage growth per year in low-income DVCs
(developing countries) ?

• A) 1.1 percent
• B) 2.1 percent
• C) 4.0 percent
• D) 0.4 percent

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Definitions:

Proximity Of Suppliers

The closeness or geographical distance of suppliers to the business, which can impact lead times, transportation costs, and inventory management.

Labor Pool

The supply of available workers in a particular area or sector.

Location

Refers to a specific place or position where something exists or operates.

Direct Channels

Routes through which a company sells its products directly to its customers without any intermediaries involved.