BUSINESS ADMINISTRATION
INTERNATIONAL MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which region of the world is experiencing the highest rate of GDP growth?
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Asia
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Africa
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North-America
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Middle-east
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Explanation:
Detailed explanation-1: -In 2021, China’s gross domestic product amounted to approximately 17.73 trillion U.S. dollars, which was the highest GDP across the Asia-Pacific region. In comparison, Timor-Leste had a GDP of approximately 1.96 billion U.S. dollars in 2021.
Detailed explanation-2: -Nauru has highest average growth rate of 17.58% in past 5 year. Oceanian country is alone which has grown over 10 per cent in this period. Ethiopia is 2nd fastest followed by Ireland, Côte d’Ivoire having avg growth over 8%. Emerging economies India and China are at 9th and 10th position, respectively.
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