Which of the Following Is True of Emerging Economies

question 11

Multiple Choice

Which of the following is true of emerging economies?

• A) They grow only their absolute gross domestic product (GDP).
• B) Collectively,they command 48 percent of world trade.
• C) They have uniform high-speed growth.
• D) Collectively,they contribute approximately 90 percent of the global gross domestic product.

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Definitions:

Pros and Cons

The advantages and disadvantages of a particular decision, course of action, or situation, considered to help make a more informed decision.

Groupthink

A psychological phenomenon occurring within a group of people, in which the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.

Fake Electric Shocks

A method used in psychological experiments where participants are led to believe they will receive or have received electrical shocks, when in fact no such shocks are actually administered.

Dissenting Opinion

An opinion written by a judge or justice that disagrees with the decision reached by the majority of his or her colleagues.