Rapid urbanization of populations combined with industrialization in the emerging markets is quickly shifting the world's economic center of gravity from
A) the United States to South America.
B) the Americas and Europe to Asia.
C) Europe and Asia to Africa.
D) China to India.
E) East Asia to South America.

Question

Quizplus · Accepted Answer

While most multinationals are based in the developed nations of the world, recently there has been a surge in the number arising in emerging economies. Indeed, rapid urbanization of populations combined with industrialization in the emerging markets is quickly shifting the world's economic center of gravity from Europe and the Americas and back to Asia, where it had been until the start of the industrial revolution in the 1800s.

Rapid Urbanization of Populations Combined with Industrialization in the Emerging