Solved

Which Statement Reflects the Changing Demographics of the Global Economy

Question 43

Multiple Choice

Which statement reflects the changing demographics of the global economy?


A) U.S. dominance in export markets has waned as Japan, Germany, and a number of newly industrialized countries have taken a larger share of world exports.
B) The change in the position of the United States in terms of the share of world output is the result of the absolute decline in the health of the U.S. economy.
C) From 1960 to 2010, countries that experienced a large decrease in their share of world output include Japan, Thailand, Malaysia, Taiwan, and South Korea.
D) The United States is the only developed nation to see its relative standing in the share of world output slip.
E) Today, roughly half the globe-the centrally planned economies of the communist world-is off-limits to Western international businesses.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents