In the context of the changing demographics of the global economy,which of the following has seen a decline?
A) Economic development and industrialization of the developing nations
B) The U.S. share of world exports of goods and services
C) Deregulation of the markets in the centrally planned economies of the communist world
D) Japan, Thailand, Malaysia, Taiwan, and South Korea's share of world output
E) Economic opportunities in the developing nations of the world

Question

Quizplus · Accepted Answer

The passage suggests that the changing demographics of the global economy have caused a decline in the U.S. share of world exports of goods and services, making option B the correct answer. Option A suggests that economic development and industrialization in developing nations have declined, which is not suggested in the passage. Option C suggests deregulation in centrally planned economies of the communist world, which is not mentioned in the passage. Option D suggests a decline in the share of world output for several Asian countries, which is also not mentioned in the passage. Option E suggests a decline in economic opportunities in developing nations, which is not suggested in the passage.

In the Context of the Changing Demographics of the Global