Question

country a has a gdp of $500 million and a gdp per capita of $7,000. its economy is based on agriculture and copper mining. there is inadequate infrastructure, slow economic growth, and high unemployment. however, it is aggressively seeking foreign investment, and some multinational corporations have begun outsourcing jobs to the country’s major cities. for most, the standard of living remains low. it has never had a centrally planned economy in its history.
what factors demonstrate that country a has a developing economy? choose three correct answers.
options:
outsourced jobs by multinational corporations
aggressive pursuit of foreign investment history
high unemployment
inadequate infrastructure
no centrally planned economy

Explanation:

1. "inadequate infrastructure": The passage states "There is inadequate infrastructure".
2. "high unemployment": The passage mentions "high unemployment".
3. "no centrally planned economy": The passage says "It has never had a centrally planned economy in its history".

Answer:

• inadequate infrastructure
• high unemployment
• no centrally planned economy