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Quiz: Beginner's Guide (T/F)
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These questions refer to A Beginner's Guide to the World Economy by Randy Charles Epping.



1

The first and second worlds are defined as the free-market countries and the centrally planned countries with advanced industrial economies.
A)TRUE
B)FALSE
2

The first and second worlds were considered to include most of the countries of eastern and western Europe, Australia, New Zealand, Japan, the United States, and Canada.
A)TRUE
B)FALSE
3

The author believes that the economic problems of Third World countries cannot be solved.
A)TRUE
B)FALSE
4

The Third World can be divided into three groups: countries with rapidly developing economies, countries with moderately developing economies, and countries whose economies are not developing at all.
A)TRUE
B)FALSE
5

The bulk of the Third World consists of a large group of moderately developing countries.
A)TRUE
B)FALSE
6

According to the author, economic growth cannot solve all the problems faced by billions of undernourished people in the Third World.
A)TRUE
B)FALSE







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