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The Taxonomic Category of "NICs" Is Ambiguous

Question 23

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The taxonomic category of "NICs" is ambiguous. Develop and explain appropriate criteria for classifying NICs. These criteria should enable the analyst to assess whether other developing countries should now be included among the NICs and whether certain NICs (e.g., Slovenia, South Korea) should be upgraded to be included among the developed countries.

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The taxonomic category of "NICs" (Newly ...

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