More Than Half of All GDP of Emerging Economies Comes

question 48

Multiple Choice

More than half of all GDP of emerging economies comes from _____.

• A) the Four Asian Tigers (Hong-Kong, Singapore, South Korea, and Taiwan)
• B) MIKT (Mexico, Indonesia, South Korea, Turkey)
• C) the Commonwealth of Independent States
• D) BRIC (Brazil, Russia, India, and China)

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Definitions:

Subsidiary

A subsidiary is a company that is wholly or partially owned and controlled by another company, referred to as the parent company, and operates under its wing while maintaining some level of independence.

Set of Related Offerings

A collection of products or services that are connected or complementary, offered by a business to meet various customer needs.

Corporate Level

Pertains to the highest strategic tier of decision-making in a company, involving overarching policies and goals.

CEO

The Chief Executive Officer, the highest-ranking individual in a company, responsible for making major corporate decisions.