Question

In 2011, Brazil had a GDP of $2.3 trillion and a per capita GDP of $11,800. A fifth of the population lived below the poverty line, and life expectancy was about 73 years. Which of these additional factors would most support the conclusion that Brazil is an emerging economy rather than a developing economy?

Answer 1

Its GDP. Its $2.3 trillion. Australia has a GDP of $1.5 trillion, and its a developed economy.