Examlex
Which of the following is an essential element of the transnational structure of Asea-Brown Boveri (ABB) ?
Developing Countries
Nations with lower levels of industrialization, lower income per capita, and generally lower standards of living compared to more industrialized countries.
Southern Hemisphere
The half of Earth that lies south of the equator, known for having opposite seasons to the Northern Hemisphere.
World Bank
An international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects.
Upper Middle-Income
A classification of economies with gross national income per capita between the limits set by the World Bank or other defining bodies, indicating a relatively higher but not the highest income level.
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