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Defend and Critique Economic Convergence Economic Convergence is the pattern that low-income countries can grow faster than high-income countries, allowing them to catch up to
Defend and Critique Economic Convergence
Economic Convergence is the pattern that low-income countries can grow faster than high-income countries, allowing them to catch up to their higher-income counterparts. For this discussion, your task is to:
- Identify an example of convergence in our day-to-day lives or observations, and explain how this example demonstrates convergence.
- Make one argument defending and one argument critiquing the idea of economic convergence. Explain each of these arguments.
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There are 3 Steps involved in it
Step: 1
Example of Convergence Lets consider the technology sector Over the past few decades weve seen emerging economies like India China and Brazil rapidly ...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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