BUSINESS ADMINISTRATION
INTERNATIONAL MARKETING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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All of the following are traits of big emerging markets (BEMs) EXCEPT:
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they import less than smaller markets
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they are all physically large
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they have significant population
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they are regional economic drivers
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they are of major political importance within their regions
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Explanation:
Detailed explanation-1: -The 10 Big Emerging Markets (BEM) economies are (alphabetically ordered): Argentina, Brazil, China, India, Indonesia, Mexico, Poland, South Africa, South Korea and Turkey. Egypt, Iran, Nigeria, Pakistan, Russia, Saudi Arabia, Taiwan, and Thailand are other major emerging markets.
Detailed explanation-2: -Emerging markets tend to have a regulatory body, a market exchange for investments and a common currency. Governments and other organizations establish these regulatory bodies to manage the fairness and functioning of financial markets.
Detailed explanation-3: -The Five Major Emerging Markets. Brazil, Russia, India, China, and South Africa are the biggest emerging markets in the world.
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