Which of the following is most likely to be observed in today's global economy?
A)increasing U.S.share of world output
B)large U.S.entrepreneurial firms dominating the international business scene
C)increasing U.S.dominance in the world economy and world trade picture
D)most of the nations being governed by centrally planned economies of the communist world
E)continued rise in the share of world output accounted for by developing nations such as China and India

Question

Quizplus · Accepted Answer

The continued rise in the share of world output accounted for by developing nations such as China and India is most likely to be observed in today's global economy. These countries have experienced significant economic growth in recent years and are expected to continue to do so in the future, contributing to an increase in their share of world output. The other options are unlikely to be observed in today's global economy.

Which of the Following Is Most Likely to Be Observed