Most forecasts now predict a rapid rise in world output accounted for by developing nations such as China,India,and South Korea,and a rapid decline in the share enjoyed by rich industrialized countries such as Canada,Britain and the United States.

Question

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This statement is true according to most forecasts. Developing nations such as China, India, and South Korea are expected to experience rapid economic growth, while the share of rich industrialized countries such as Canada, Britain, and the United States is predicted to decline.

Most Forecasts Now Predict a Rapid Rise in World Output