"Convergence" Has Been Occurring Among the OECD Countries Because

question 30

Multiple Choice

"Convergence" has been occurring among the OECD countries because

• A)the richer countries give away more of their output than the poorer ones.
• B)the poorer countries have had higher growth rates than the richer ones.
• C)the richer countries have had higher growth rates than the poorer ones.
• D)the poorer countries have had positive growth rates, while the richer ones have had negative growth rates.
• E) the procedures for measuring output per capita have been changing.

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Definitions:

Merger

The combination of two or more companies into one, either by closing the old entities into one new entity or by one company absorbing the others.

Rule Of Reason

A legal doctrine used in antitrust law to determine if a business practice is anti-competitive, considering if it has legitimate business purposes and its overall impact on competition.

Case

A specific instance or example of something, often used to study or illustrate a particular issue or principle.

World History

The comprehensive record of events and movements that have shaped cultures and civilizations across the globe throughout centuries.