Employment structure

Question 1

L.E.D.C

Answer 1

1. Exporting primary goods which are lower priced, so export earnings are low
2. So the economic development will be negatively effected:
   - Lower G.D.P
   - Lower Standard of living

Question 2

M.E.D.C

Answer 2

1. Exporting secondary goods that are highly priced means export earnings are high.
2. So the economic development will be positively affected:
   - Higher G.D.P
   - Trade surplus
   - Higher standard of living

Question 3

International trade

Answer 3

Buying and selling goods and services across national boundaries.

Question 4

Indicators of development

Answer 4

• G.D.P per capita
• H.D.I (Human Development Index)
  *Quality of life and standard of living
  *G.D.P per person
  *Life expectancy
  *Literacy rate
  *No. of doctors/ patients