Mexico is a. a poor country, and over the past century its rate of economic growth has been higher than that of the United States. b. a poor country, and over the past century its rate of economic growth has been lower than that of the United States. c. a middle-income country, and over the past century its rate of economic growth has been higher than that of the United States. d. a middle-income country, and over the past century its rate of economic growth has been lower than that of the United States.

Question

Business

Nia Black

23 April, 14:27

Mexico is a. a poor country, and over the past century its rate of economic growth has been higher than that of the United States. b. a poor country, and over the past century its rate of economic growth has been lower than that of the United States. c. a middle-income country, and over the past century its rate of economic growth has been higher than that of the United States. d. a middle-income country, and over the past century its rate of economic growth has been lower than that of the United States.

+5

Answers (1)

Know the Answer?

Greta Wilson · Answer 1

The correct answer is option b.

Explanation:

Mexico is a poor country, 9% of its total population live in extreme poverty. While 33% live in moderate poverty. This means 42% of the population lives below the national poverty line.

In the last year, the economic growth rate of Mexico was greater than Canada but less than USA.

The growth rate over the past century was lesser than US.