Which of the following is most likely to be observed in today\'s global economy?

Question

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

Explanation / Answer

"B"

The continued rise in the share of world output accounted for by developing nations such as China and India.

US output is decreasing and it will continue to do so, all the MNC's in the US use India and China or other countries for production.

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