Which of the following statements about the growth (or lack of growth) of globalization is accurate?
A) All international trade only accounts for about 25 percent of global GDP.
B) Developing countries still constitute less than a quarter of world GDP when measured by purchasing power parity.
C) Despite predictions to the contrary, global inequality has remained steady or grown slightly over the last three decades.
D) Globalization has largely ended the need for concentration of tech development in single locations like Silicon Valley.
Correct Answer:
Verified
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