According to the World Bank classification system, Argentina, Brazil, Uruguay, Paraguay, Chile, Peru, and Bolivia would be classified as
A) high-income countries
B) middle-income countries
C) low-income countries

Question

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According to the World Bank classification system, Argentina, Brazil, Uruguay, Paraguay, Chile, Peru, and Bolivia would be classified as middle-income countries, with emerging markets.

According to the World Bank Classification System, Argentina, Brazil, Uruguay