If we look into the future,most forecasts now predict a __________ in world output accounted for by developing nations such as China,India,Indonesia,and South Korea,and a __________ in the share enjoyed by rich industrialized countries such as Britain,Japan,and the United States.
A) rapid rise; rapid decline
B) slight rise; slight decline
C) rapid decline; rapid rise
D) rapid rise; slight decline
E) stay the same; slight decline

Question

Quizplus · Accepted Answer

Most forecasts predict a significant shift in global economic power, with developing nations like China, India, Indonesia, and South Korea experiencing a rapid rise in their share of world output, while traditionally rich, industrialized countries such as Britain, Japan, and the United States are expected to see a rapid decline in their share. This reflects broader economic trends of globalization and the rapid economic growth of many developing nations.

If We Look into the Future,most Forecasts Now Predict a __________