Question

Are small or larger countries with diversified/undiversified economies more affected by global events?

A. Small and diversified
B. Small and undiversified
C. Large and diversified
D. Large and undiversified

Answer 1

Large countries with diversified economies are more affected by global events, while smaller countries with diversified economies are affected to a lesser extent. Option C

Step-by-step explanation:

Large and diversified. Large countries with diversified economies are more affected by global events.

This is because large countries typically have a significant presence in the global market, with a large number of industries and sectors that are interconnected with the global economy. Any major disruptions or changes in the global market are likely to have a significant impact on these countries.

On the other hand, smaller countries with diversified economies are also affected by global events, but to a lesser extent. Their smaller size and diversified economic activities allow them to be more adaptive and flexible in response to global changes. Option C