Which of the Following Is True About Emerging Market Economies

question 37

Multiple Choice

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

• A) They account for nearly two-thirds of world GDP and host the world's largest MNEs.
• B) They have tremendous purchasing power with minimal restrictions on international trade and investment.
• C) These markets have evolved from manufacturing economies to service-based economies.
• D) Businesses in emerging markets are important targets for machinery and equipment sales.

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Definitions:

Subduction Zone

The region where one tectonic plate moves under another, into the mantle, typically associated with volcanic arcs and oceanic trenches.

Oceanic Trench

Long, narrow, and deep depressions on the ocean floor, usually the result of one tectonic plate subducting under another, often associated with volcanic arcs and earthquake activity.

Magmatic Belt

A region characterized by a high concentration of volcanic rocks and activity, indicating the presence of underlying magma chambers.

Subduction Zones

Regions of the Earth's crust where one tectonic plate moves under another, leading to volcanic activity, earthquakes, and the creation of oceanic trenches.