Which of the following countries has seen a relative decline in its share of world output between 1960 and 2014?
A)United States
B)Brazil
C)Thailand
D)China
E)South Korea

Question

Quizplus · Accepted Answer

The United States has seen a relative decline in its share of world output between 1960 and 2014, partly due to the rise of other countries such as China and India. While the US economy has still grown during this period, its growth rate has been surpassed by other countries, leading to a decrease in relative share of world output.

Which of the Following Countries Has Seen a Relative Decline