Which Organization Created the Classification of Countries Based on Per

question 56

Multiple Choice

Which organization created the classification of countries based on per capita income?

• A) World Bank
• B) World Trade Organization
• C) EU
• D) GATT

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Definitions:

Reverse Order

A method of organizing or sequencing items so that the last becomes first and the first becomes last.

Last-In, First-Out

An inventory management and valuation method where the most recently produced or acquired items are sold or used first.

Perpetual Inventory System

An inventory tracking system that updates the balance of inventory continuously with each sale or purchase.

Inventory Ledger

A document or system that tracks the quantities, costs, and types of a company's inventory on hand, including goods in transit and on order.