4505EconomicsMedium
According to chapter 2 in the text which of the following is true?
AToday all high and Upper-middle income countries are Western.
BThe boundary between rich and poor countries has become clearer in 1990s
CThe fastest growing countries must be the ones with the highest per capita GNP
DA few poor countries like South Korea and Malaysia in the 1950s grew much more rapidly than some higher-income countries like Uruguay and New Zealand
Correct answer
D. A few poor countries like South Korea and Malaysia in the 1950s grew much more rapidly than some higher-income countries like Uruguay and New Zealand
Explanation
The correct answer is A few poor countries like South Korea and Malaysia in the 1950s grew much more rapidly than some higher-income countries like Uruguay and New Zealand.