Recall the Application About Growth in China and India to Answer

question 158

Multiple Choice

Recall the Application about growth in China and India to answer the following question(s) . From 1978 to 2004, China grew at a rate of 9.3 percent per year and India grew at a rate of 5.4 percent per year.
-According to this Application, based on the analysis of the sources of growth in China and India, and assuming that nothing changes, it can be concluded that

• A) India's long-term growth prospects are not as strong those for China.
• B) the growth rate in China should significantly slow down in the near future, but the growth rate in India will continue to rapidly increase in the near and distant future.
• C) there is convergence between the nations in Asia.
• D) China's reliance on technology for economic growth makes it less likely to keep pace with the growth rate in India.

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