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:

Second Law

Typically refers to the Second Law of Thermodynamics, which states that the total entropy of an isolated system can never decrease over time, indicating a tendency towards disorder or equilibrium.

Usable Energy

The portion of energy in a system that can be used to perform work or is available to be converted into work.

Thermodynamics

Principles governing energy transfer (often expressed in terms of heat transfer). See first law of thermodynamics and second law of thermodynamics.

Decreases

A reduction in size, amount, extent, or number.