The idea of convergence of GDP in Europe suggests that ?

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.

Correct Answer: Poorer less developed countries will catch up with richer ones. ✔

Last Updated: June 18, 2019