Emerging Markets Are Important in International Business and Trade Due

question 77

Multiple Choice

Emerging markets are important in international business and trade due to ________.

• A)large informal economy
• B)low rates of energy consumption
• C)high growth rate of middle class population
• D)low inward FDI

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Definitions:

Conformity Motivation

The drive that influences individuals to match their attitudes, beliefs, and behaviors to group norms or expectations.

Group Size

Refers to the number of individuals constituting a social or work group, affecting dynamics and interactions within.

Distortion of Judgment

refers to the impairment or alteration of an individual's ability to make clear, rational decisions or assessments due to various influences.

Group

A collection of individuals who come together for a common purpose or to achieve a shared goal.