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O-LevelEconomicsEconomic development2281/11 · May/June 2017 · Q241 Mark

Which characteristic do developed and developing economies have in common?

Aparticipation in international trade
Bhigh birth rates and high death rates
Crapid economic growth
Dstable financial conditions and institutions

✓ Correct answer

A: participation in international trade

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About this question

Topic
Economic development, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, May/June 2017 Paper 1 Variant 1, question 24.

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