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Newly industrialized country: Quiz


Question 1: The category of newly industrialized country (NIC) is a socioeconomic classification applied to several countries around the world by political scientists and ________.
Keynesian economicsEconomicsEconomistFriedrich von Hayek

Question 2: According to Goldman Sachs review of emerging economies, by 2050 the largest economies in the world will be as follows: China, USA, India, ________, and Mexico.
East TimorPortugalBrazilMozambique

Question 3: NICs are countries whose economies have not yet reached ________ status but have, in a macroeconomic sense, outpaced their developing counterparts.
TurkeyHuman Development IndexDeveloped countryFirst World

Question 4: South Korea in particular, is the only ________ member and a "full democracy" in Asia along with Japan.
NATOOrganisation for Economic Co-operation and DevelopmentUnited KingdomItaly

Question 5: However, as environmental, labor and social standards tend to be significantly weaker in NICs, many ________ supporters have advocated standards for importing their products and criticized the outsourcing of jobs to NICs.
International Fairtrade Certification MarkFair tradeFairtrade certificationTransFair Canada

Question 6: An increasingly open-market economy, allowing free ________ with other nations in the world.
Silk RoadInternational tradeTradeFree trade

Question 7: All four economies are classified as High-income economies by the World Bank and ________ by the IMF and CIA.
TurkeyHuman Development IndexDeveloped countryQuality-of-life index

Question 8: All of them also possess ________ over 0.9, equal to Western European countries.
Education IndexUrbanization by countryStockpiling antiviral medications for pandemic influenzaHuman Development Index

Question 9: [2][3][4][5] Turkey, and South Africa are classified as developed countries by the ________.
Central Intelligence AgencyNational Security AgencyCold WarDefense Intelligence Agency

Question 10: Incipient or ongoing ________ is an important indicator of a NIC.
PovertyIslamic Golden AgeIndustrialisationIndustrial Revolution


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