Question: The table below shows the average gross domestic product (GDP) for low-, middle-, and high-income countries for the years 1990 and 2004. Study the table, and then answer the following questions in short paragraphs.
a. Determine the percentage change in GDP for low-, middle-, and high-income countries. How do these rates compare?
b. What might explain the difference between the growth rates?
c. How might growing globalization change the GDP for these countries?