Which of the following countries are not NICs?
A) Taiwan
B) Singapore
C) North Korea
D) Hong Kong

Question

Quizplus · Accepted Answer

North Korea is not considered a newly industrialized country (NIC) as its economy is largely closed and state-controlled, with little integration into the global market. Taiwan, Singapore, and Hong Kong, on the other hand, have experienced rapid economic growth and industrialization in recent decades, making them NICs.

Which of the Following Countries Are Not NICs