Strong evidence of convergence exists for ________.
A)wealthy nations that belong to the Organization for Economic Cooperation and Development
B)both rich and poor nations
C)sub-Saharan African economies and the economies of North America
D)European and Caribbean economies

Question

Quizplus · Accepted Answer

The question asks for strong evidence of convergence, which is a concept in economics that states that poorer countries will catch up to richer countries in terms of economic growth over time. The option that provides the best evidence for this is wealthy nations that belong to the Organization for Economic Cooperation and Development (OECD). The OECD includes many of the world's most developed economies, and evidence suggests that there is convergence among these countries over time. Options B, C, and D do not provide as clear evidence of convergence.

Strong Evidence of Convergence Exists for ________