1. How globalisation affects different economies
... labeled LDC's are located in sub-Saharan Africa, and include countries such as Sierra Leone and Mozambique. MDC's (Most Developed Countries) are at the other end of the spectrum, having high levels of economic development, close economic ties with other MDC's and are comprised of liberal-democratic political institutions. MDC's include Australia, USA and Sweden. These are the countries who have ... the power to exclude poorer nations from lucrative consumer markets. NIC's are countries which experience rapid economic change over the two decades, and are in transition from developing count...
- Word Count: 1477
- Approx Pages: 6
- Grade Level: Undergraduate