The Goldman Sachs global economics team:
A) Estimates that Chile will occupy a dominant role in the global economic system and will surpass the United States in output by 2035
B) Reports that the economic potential of Brazil, Russia, India and China is such that they may become among the four most dominant economies by the year 2050
C) Estimates that the BRIC economies' share of world growth could rise from 40 percent in 2000 to more than 70 percent in 2025
D) Reports that Germany, followed by India a decade later, will overtake the United States as the world's largest car market
Correct Answer:
Verified
Q23: The process of applying management concepts and
Q27: The following are characteristics of the BRIC
Q32: The World Trade Organization (WTO) meeting in
Q32: The process by which companies undertake some
Q34: The Asian economic block, made up of
Q35: The United States, Canada and Mexico make
Q36: A free-trade agreement between the United States,
Q36: Globalization:
A)Is the growth of interstate trade, spurred
Q38: Agreements like NAFTA and CAFTA:
A)Not only reduce
Q38: The subcontracting or contracting out of activities
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