Economics 9708 · AS & A Level · 11.4

11.4 — practice question

(a)[12]

The key features of a developing country include a small service sector and little international trade. Do you agree with this statement?

(b)[13]

It was reported that in the last quarter of 2012 a developing economy ‘had performed well in terms of its GDP compared with other countries’. Explain what this statement means and discuss whether using GDP as a basis for comparison is a valid way to measure economic performance between countries.

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