Which of the following correctly describes how the "global pie is baked"?
A) Advanced economies account for about 50 percent of the value of the world's production.
B) The United States' share of economic pie is increasing while China's share is decreasing.
C) The increase in manufacturing has taken place in mainly the advanced economies.
D) Asia accounts for about 40 percent of the global pie.
E) Emerging economies account for about 25 percent of the global pie.
Correct Answer:
Verified
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