Solved

The Ranks of the Middle-Income Countries Expanded Significantly Between 1999

Question 15

Multiple Choice

The ranks of the middle-income countries expanded significantly between 1999 and 2000.Why?


A) The global grain supply increased dramatically.
B) China was reclassified from low to middle income because of its economic growth.
C) There was a general shift of buying power from the global North to the global South.
D) Supply rose in Western nations, which resulted in the lowering of market prices globally.
E) The United States was reclassified to middle income due to the decline of its middle class and living standards more generally.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents