Country classification schemes (topic 4)

Question 1

IMF (international monetary fund)

Answer 1

189 countries; intergovernmental organisation that promotes financial stability, international trade, employment, economic growth, and poverty reduction.

Question 2

CIA world factbook

Answer 2

Provides a compendium of international economic and political data and information.

Question 3

World Bank

Answer 3

International financial institution which lends capital to less advanced countries.

Question 4

GNI per capita

Answer 4

The broadest measure of economic activity for a country - measures the income generated by: total domestic production, and the international production activities of domestic companies.

Question 5

OECD

Answer 5

Economic organisation to stimulate economic progress and world trade.