Examples of low-income developing countries are
A) Switzerland, New Zealand, and Australia.
B) Germany, Austria, and Italy.
C) Chad, Bangladesh, and Ethiopia.
D) Mexico, South Korea, and Brazil.

Question

Quizplus · Accepted Answer

Chad, Bangladesh, and Ethiopia are examples of low-income developing countries according to the World Bank's classification of countries based on gross national income (GNI) per capita. Switzerland, New Zealand, Australia, Germany, Austria, Italy, Mexico, South Korea, and Brazil are all classified as high-income or upper-middle-income countries.

Examples of Low-Income Developing Countries Are