BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -“Emerging markets” is a term that refers to an economy that experiences considerable economic growth and possesses some, but not all, characteristics of a developed economy. Emerging markets are countries that are transitioning from the “developing” phase to the “developed” phase.

Detailed explanation-2: -There are many emerging markets around the world, but the four largest are known as the “BRICs” (an acronym for Brazil, Russia, India, and China). Many investors believe that these markets are relatively stable and may eventually replace the G7 as the world’s next superpowers.