Which of the following is true about emerging market economies in international business

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International Business: The New Realities, 4e (Cavusgil)

Chapter 8 Understanding Emerging Markets

1) ________ refer to post-industrial countries characterized by high per-capita income, highly

competitive industries, and well-developed commercial infrastructure.

A) Underground economies

B) Emerging markets

C) Advanced economies

D) Transition economies

Answer: C

Diff: 1: Easy

Skill: Concept

Objective: 8-1: Understand advanced economies, developing economies, and emerging markets

AACSB: Analytical Thinking

2) ________ are low-income countries characterized by limited industrialization and stagnant

economies.

A) Developing economies

B) Emerging markets

C) Developed economies

D) Transition economies

Answer: A

Diff: 1: Easy

Skill: Concept

Objective: 8-1: Understand advanced economies, developing economies, and emerging markets

AACSB: Analytical Thinking

3) Emerging markets are ________.

A) developing economies where goods and services are directly exchanged for other goods and

services

B) post-industrial countries characterized by high per-capita income, highly competitive

industries, and well-developed commercial infrastructure

C) low-income countries characterized by limited industrialization and stagnant economies

D) former developing economies that have achieved substantial industrialization, modernization,

and rapid economic growth since the 1980s

Answer: D

Diff: 1: Easy

Skill: Concept

Objective: 8-1: Understand advanced economies, developing economies, and emerging markets

AACSB: Analytical Thinking

1

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What is emerging economies in international business?

An emerging market economy is an economy that's transitioning into a developed economy. Emerging market economies typically feature a unified currency, stock market, and banking system; they're in the process of industrializing. Emerging market economies can offer greater returns to investors due to their rapid growth.

Which of the following is a characteristic of emerging markets quizlet?

Emerging markets are home to low-wage, high-quality labor for manufacturing and assembly operations. Governments and state enterprises in emerging markets are major targets for sales of infrastructure-related products and services.

What are the main characteristics of emerging markets?

Characteristics of an Emerging Market Economy.
Rapid growth. ... .
High productivity levels. ... .
Increase in the middle class. ... .
Transition from a closed economy to an open economy. ... .
Instability and volatility. ... .
Attraction of foreign and local investments..

Which of the following is an emerging economy?

The 10 largest emerging and developing economies by either nominal or PPP-adjusted GDP are 4 of the 5 BRICS countries (Brazil, Russia, India and China) along with Indonesia, Iran, South Korea, Mexico, Saudi Arabia, Taiwan and Turkey.