Which of the following is not a developing country classified as a high-income economy because of possessing huge oil reserves?
A)United Arab Emirates
B)Chad
C)Qatar
D)Kuwait
E)Bahrain

Question

Quizplus · Accepted Answer

Chad is a developing country and classified as a low-income economy. It does have oil reserves, but not enough to classify it as a high-income economy. The other choices, United Arab Emirates, Qatar, Kuwait, and Bahrain, all have huge oil reserves and are classified as high-income economies.

Which of the Following Is Not a Developing Country Classified