Which of the following statements is true about the markets around the world?
A)India's subscriber base for cell phones has grown explosively over the past five years.
B)China has lower gross domestic product (GDP) growth rate than the U.S.
C)China and India have a smaller opportunity to attract investments because of to their economic growth.
D)Most of the developing countries remain ahead of the United States in terms of development and prosperity.

Question

Quizplus · Accepted Answer

The statement about India's subscriber base for cell phones growing explosively over the past five years is true. This suggests that the market for cell phone services in India is growing rapidly.

Answer: None of the other statements are true.
 China actually has a higher GDP growth rate than the U.S. and both China and India are seen as having a large potential for attracting investment due to their economic growth. Additionally, while some developing countries may be ahead of the U.S. in certain areas, it is generally not true that they are ahead in terms of overall development and prosperity.

Which of the Following Statements Is True About the Markets