Which of the following statements best describes developing economies?
- AA dependence on primary products for export revenues means that developing countries are reliant on the industrialised world for their economic performance.
- BHigh levels of capital per head mean that they must rely on overseas trade if they are to achieve higher growth rates.
- CHigh real GDP per head, plus high rates of population growth, reduce their ability to increase their standard of living.
- DMigration of labour from rural to urban areas is of significance only if it results in labour shortages in the rural economy.