Asked by Keyara Lewis on Jun 26, 2024
Verified
Which of the following countries has experienced the greatest annual rate of GDP growth during the past decade?
A) United States
B) China
C) Canada
D) Japan
GDP Growth
The rate at which a country's Gross Domestic Product (GDP) increases over a certain period, reflecting the economic health and prosperity of the nation.
Annual Rate
A percentage rate that represents the amount of interest or growth expected over the course of a year.
- Recognize the major players in the international trade of goods and services.
Verified Answer
ND
Natalia DuarteJul 01, 2024
Final Answer :
B
Explanation :
China has experienced the greatest annual rate of GDP growth during the past decade, consistently outpacing the other countries listed with its rapid economic expansion and large-scale investments in infrastructure and manufacturing.
Learning Objectives
- Recognize the major players in the international trade of goods and services.