Which of the following is a true statement regarding the convergence theory model's predictions and how it actually affects the real
world?
The growth model predicts that poor countries will not catch up with rich countries, but lower-income industrialized countries are
not catching up to higher-income industrialized countries as a group.
The growth model predicts that poor countries should catch up with rich countries, but poor developing countries are not catching
up to industrialized countries as a group.
The growth model predicts that poor countries will never catch up with rich countries, but lower-income industrialized countries are
catching up to higher-income industrialized countries as a group.
The growth model predicts that poor countries will catch up with rich countries, and this is what we observe across all
developmental categories of countries.
