Match the terms on the left with the definition in the column on the right

Match:
1 A) B) C) D) E) F) G) H) I) ISI 2 A) B) C) D) E) F) G) H) I) NICs 3 A) B) C) D) E) F) G) H) I) NIEO 4 A) B) C) D) E) F) G) H) I) Transition economies 5 A) B) C) D) E) F) G) H) I) UNCTAD 6 A) B) C) D) E) F) G) H) I) OPEC 7 A) B) C) D) E) F) G) H) I) Engel's law 8 A) B) C) D) E) F) G) H) I) synthetic substitutes 9 A) B) C) D) E) F) G) H) I) CMEA			Answer choices for questions 1 through 9 A) a cartel consisting of oil producing countries. B) human-made substitutes for natural materials C) The income elasticity for food is less than 1 which implies that as incomes rise, the demand for food will decrease and the relative price of food will fall. D) countries which have recently made rapid progress towards industrialization. Usually this group includes South Korea, Taiwan, Hong Kong, and Singapore E) countries which used to be part of the Soviet Union which are making the move from central planning to a market economy F) an international forum for the discussion of issues confronting developing countries G) a movement in the 1960s and 1970s which urged global agreements to raise the prices of primary products exported by developing countries, global cooperation to stabilize primary product prices, and opening industrial-country markets for manufactures exported by developing countries. H) a development strategy in which markets in the domestic economy that have been dominated by imports in the past are promoted as areas of development often times at the expense of agricultural and mining sectors of the economy. I) a group of eight eastern European countries which was established in 1949 to foster more efficient and multilateral trade.