Which of the following statements about the middle class in emerging economies is least accurate?
A)By 2020 more than half of the world's middle class is predicted to be in Asia.
B)Estimates suggest that 70 percent of world growth over the next few years will come from already developed countries.
C)Many countries such as China and India have become less suspicious of foreign investment and free trade, thus fostering vigorous globalization.
D)Once known only for cheap labor, many countries with emerging economies are now seen as promising markets.

Question

Which of the following statements about the middle class in emerging economies is least accurate? 
A)By 2020 more than half of the world's middle class is predicted to be in Asia.
B)Estimates suggest that 70 percent of world growth over the next few years will come from already developed countries.
C)Many countries such as China and India have become less suspicious of foreign investment and free trade, thus fostering vigorous globalization.
D)Once known only for cheap labor, many countries with emerging economies are now seen as promising markets.

Quizplus · Accepted Answer

Estimates actually suggest that 70 percent of world growth over the next few years will come from emerging economies, not already developed countries.

Which of the Following Statements About the Middle Class in Emerging