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