1.

Differences between developed and developing countries

Developed countries Developing countries

Have a high per capita income and GDP Have a low per capita income GDP
Literacy rate is high Illiteracy rate is high
Lower birth and death rate Higher birth and death rate

Basis comparison Developed countries Developing countries

Unemployment and poverty Low High
Living conditions Good Moderate
Factor of productions Effectively utilized Ineffectively utilized

2. How many countries listed in EU, OECD, G20, World Trade Organisation and
APEC. What are the roles each of this association?

EU (27 countries) – Austria, Belgium, Denmark, Italy

OECD (37 countries) – Canada, France, Germany, Chile
G20 (20 countries) – Argentina, Brazil, Turkey, Japan
WTO (164 countries) – Ethiopia, Liberia, Bhutan, Afghanistan
APEC (21 countries) – Japan, Indonesia, Brunei, Hong Kong

EU It works globally to promote peace , security and development,

equality, fundamental freedoms and the rule of law.
OECD Promote productivity, prosperity and sustainable development in the
economy.
G20 Bringing together industrialized and developing economies of
systemic significance to discuss key issues in the global economy.
WTO Trade Policies Monitoring.
APEC It has evolved into a forum of greater substance and higher purpose
with the pressure of the member economies: to build an Asia-Pacific
community by achieving economic growth and equitable
development through trade and economic cooperation.