Which of the following correctly describes how the 'global pie is baked'?
A) The increase in manufacturing has taken place mainly in the advanced economies.
B) The United States' share of the economic pie is increasing while China's share is decreasing.
C) Asia accounts for about 40 per cent of the global pie.
D) Advanced economies account for about 50 per cent of the value of the world's production.
E) Emerging economies account for about 25 per cent of the global pie.
Correct Answer:
Verified
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