Emerging Economies (Or Emerging Markets)

question 77

Multiple Choice

Emerging economies (or emerging markets) :

• A)Now command a full one-half of the worldwide FDI flow.
• B)Command half of the global gross domestic product (GDP) measured at purchasing power parity.
• C) Consist of countries which are in a state of decline but which are believed to have potential for growth.
• D) Despite their growth, they still command less than 10% of global GDP.

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Definitions:

Lowball Technique

A persuasion strategy by which an offer is initially made attractive, but less favorable terms are introduced after commitment is obtained.

Centralised Communication

A form of communication in which all decisions and discussions flow through a central point or leader, common in hierarchical organizations.

Group Pressure

The influence exerted by a group on its members to conform to the group's norms and expectations, often affecting behavior and decision-making.

Personality

The combination of emotions, attitudes, and behaviors that makes a person unique.