Economic indicators on three countries

Economics indicators

Introduction
Three countries will be analysed in this assignment, they are Australia, which is a More Developed Country, Ethiopia, which is a Less Developed Country, and China, which is a Newly Industrialised Country. These countries will be analysed in five different parts and an explanation will be provided for each of these indicators. More then three sources have been used to find this information and some of it may be inaccurate.
Human developed Indicators rank: Australia: 5 Ethiopia: 168 China: 96 by http://hdr.undp.org shows that countries have already been put into appropriate terms on the countries development.
Terms
MDC= More Developed Country
LDC= Less Developed Country
NIC= Newly Industrialised Country

Economic Growth
Ref as Table 1
Australia Ethiopia China
GDP growth rate % 2.3% 7.3% 7.3%
GDP 368.6 b 6.4 b 1.2 t
GNI per Capita 19,770 100 890
Exports $68.8 b 442m 262.1b
S...