Which of the Following Is True About Emerging Market Economies

question 23

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, equipment, and technology sales.

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Definitions:

Dysphemism

The use of derogatory or unpleasant terms instead of neutral ones to convey a negative attitude towards the subject.

Goodwill

The intangible asset that represents the value of a business's reputation, brand, and customer relationships.

Connotative

Relating to the associated or secondary meaning of a word or expression, which evokes additional emotional or cultural significance beyond its literal definition.

Skim Test

A method of quickly reading through text to get a basic understanding of the content or to locate specific information.