Real GDP Per Person Is Slowly Converging Around the World

question 139

True/False

Real GDP per person is slowly converging around the world.

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Definitions:

Ho Chi Minh City

Formerly known as Saigon, it is the largest city in Vietnam known for its significant role in the country's history and economy.

Renamed

refers to changing the name of a person, place, thing, or idea, often to better fit its identity, purpose, or context.

Saigon

Former name of Ho Chi Minh City, it was the capital of South Vietnam until the end of the Vietnam War in 1975.

Détente

A period of improved relations between two countries that were previously in conflict or tension.