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. Group 1 will discuss advanced economies, Group 2 will address the characteristics of developing economies, and Group 3 will focus on emerging markets.
-Which of the following refers to a distinctive trait of the type of economy discussed by Group 3?
A) low inward FDI
B) rapidly liberalizing trade barriers
C) highly developed industry
D) low trade volume

Question

Quizplus · Accepted Answer

Emerging markets are characterized by their efforts to integrate more fully into the global economy, often through rapidly liberalizing trade barriers to attract foreign investment and boost economic growth.

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