Over the past fifty years,convergence has generally occurred for all of the following groups of countries with the exception of
A)the five richest countries.
B)European countries.
C)the 'four tigers' in Asia.
D)OECD countries.
E) none of the above

Question

Quizplus · Accepted Answer

Over the past fifty years, convergence, or the process where poorer economies tend to grow at a faster rate than richer ones and thus catch up in terms of income levels, has been observed among various groups of countries, including the five richest countries, European countries, the 'four tigers' in Asia (South Korea, Taiwan, Singapore, and Hong Kong), and OECD countries. This indicates that all the listed groups have experienced some form of convergence, making "none of the above" the correct choice.

Over the Past Fifty Years,convergence Has Generally Occurred for All