Band 7+: You should spend about 20 minutes on this task. The graph below shows the average growth in domestic products in wealthy countries, countries that have adopted a global approach to business and countries that have not. Write a a report for a university lecturer describing the information below. Write at least 150 words.

The bar chart illustrates the average growth in domestic products in wealthy countries, globalisers, and non-globalisers.

Overall, it is evident that the averages for the three groups were different. The figure for globalisers was the highest by the end of the period.

The average growth rate in wealthy countries decreased significantly from nearly 5% to around 3% between 1960 and 1970. Between 1980 and 1990, it experienced a gradual decline to about 2%. By contrast, the proportion for developing countries adopting a global approach to business rose rapidly from 1.5% to nearly 5% over the three decades.

In addition, the figure for developing countries adopting a non-global approach to business did not remain stable. From the 1960s to the 1970s, this figure increased slightly by nearly 1% before falling to 0.8% in the 1980s. Over the next decade, it rose again to around 1.5%.