Class Reports (Scenario)
Prof. Jacob Middleton has divided students in his international business class into three groups. Each group has been assigned the task of presenting an overview of a major country group and outlining its distinguishing characteristics. Three students have been selected as group leaders: Jordan, Elaine, and Andrei. Jordan's group will discuss advanced economies, Elaine's group will address the characteristics of developing economies, and Andrei's groups will focus on emerging markets.
-Which of the following refers to a distinctive trait of the type of economy discussed by Elaine's group?
A) substantial competition
B) minimal trade barriers
C) poor industrialization
D) high inward FDI

Question

Quizplus · Accepted Answer

Developing economies are often characterized by poor industrialization, which distinguishes them from advanced and emerging markets.

Class Reports (Scenario) Prof. Jacob Middleton Has Divided Students in His International Business