Which of the following is not a common characteristic of a developing country?

Question

Quizplus · Accepted Answer

Developing countries often have high inflation rates due to unstable economies, so a history of low inflation would not be a common characteristic. The other answer choices are more commonly associated with developing countries, such as direct government control of the economy (A), weak credit institutions (C), "pegged" exchange rates (D), and a reliance on agricultural exports (E).

Which of the Following Is Not a Common Characteristic of a Developing