MEDC stand for more economically developed countries while LEDC stand for less economically developed countries. Basically, both refer to the wealth and economy of a country and can be defined by factors such as
birth rate
death rate
GNP
Natural Increase
life expectancy
people per doctor or health care
Literacy level
housing
Judging by the above factors, China can be classified as an MEDC country because it has a Low birth rate of 12.17 per 1000 births, a low death rate of 7.44 deaths/1000 population, GNP of 98,909 USD as at 2014. MEDC countries have a GNP of more than 10,000 USD. China has a life expectancy of 75.2 which is considered high and which characterizes MEDC countries. China has also grown to have a high literacy level due to easy access to or free education, adequate decent housing as well as easy access to proper medical care.
The graph shows the comparison of the human welfare and ecological footprints.
<h3>What is a graph?</h3>
A graph simply means a diagram that shows the relationship between variables.
From the graph, it can be seen that countries such as Norway, Canada, USA,ad Australia meet the minimum criteria for sustainability.
The graph also shows that Sierra Leone is the least developed country among the countries compared as it has the lowest human development index.
The threshold for high human development as given as 0.8. Most African countries had a human development index of 0.5 and below.
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Answer: D) eliminates the need for trade with other nations
Explanation:
Having comparative advantage on the production of a good or service means that a country can produce that good or service cheaper and be able to exchange it for other goods and services that other countries are offering.
International trade is therefore very important to countries acting on comparative advantage because the country will not produce all that it needs but rather what it is good at producing. This means that trade with other countries is still needed to provide those goods that they need but find it expensive to produce.
They could easily rip you off
