Question

Newly industrialized countries (NICs) differ from less-developed countries in that NICs

A) include Canada, the United States, and Germany.

B) attract insignificant or no foreign investment.

C) have per capita incomes that are lower than other developing countries.

D) have moved away from restrictive trade practices and instituted significant free market reforms.

E) have shown slow industrialization and expansion of targeted industries.

Answer

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