Between 1960 and 2010, growth rates in real GDP per person in Hong Kong, Korea, Singapore, Taiwan, and China ________ the growth rate of real GDP per person in Canada. China's real GDP per person in 2010 is approximately equal to real GDP per person in Hong Kong in ________.

Question

Quizplus · Accepted Answer

The question states that the countries in question are Hong Kong, Korea, Singapore, Taiwan, and China. These countries are known as the "Asian Tigers" or "Four Asian Dragons" and are famous for their rapid economic growth. The question asks about their growth rates in real GDP per person compared to Canada. Based on historical data, we know that the growth rates in these Asian countries have exceeded the growth rate of real GDP per person in Canada. Therefore, choices A, B, and E can be eliminated.

Next, the question asks about the comparison between China's real GDP per person in 2010 and Hong Kong's real GDP per person in a specific year. Based on data, China's real GDP per person has grown significantly since 1960, and by 2010, it surpassed Hong Kong's real GDP per person. Therefore, choice D is the best answer. Choice C can be eliminated because it suggests that Hong Kong's real GDP per person exceeded China's in 1976, which is not true based on historical data.

Between 1960 and 2010, Growth Rates in Real GDP Per