The presence of large, accessible markets with low tariffs has contributed to the economic growth of newly industrialized countries (NICs).

Question

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The final factors for the economic growth of newly industrialized countries (NICs) are the presence of large, accessible markets with low tariffs. During the early growth of many countries, the first large open market was the United States later joined by Europe and now, as the fundamental principles of the World Trade Organization (WTO) are put into place, by much of the rest of the world.

The Presence of Large, Accessible Markets with Low Tariffs Has