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Question #48037

The idea of convergence of GDP in Europe suggests that ?

Options:

A) All countries will eventually join the EEC

B) Poorer countries have higher capital/labour ratios than richer countries.

C) The gap between countries GDP per head will widen

D) Poorer less developed countries will catch up with richer ones.

Answer: The idea of convergence of GDP in Europe suggests that Poorer less developed countries will catch up with richer ones..

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