Which of the following is true about emerging market economies in international business?
A)They account for nearly two-thirds of world GDP and host the world's largest MNEs.
B)They have tremendous purchasing power with minimal restrictions on international trade and investment.
C)These markets have evolved from manufacturing economies to service-based economies.
D)Businesses in emerging markets are important targets for machinery, equipment, and technology sales.

Question

Quizplus · Accepted Answer

Businesses in emerging markets are important targets for machinery, equipment, and technology sales, as they often require infrastructure and technology upgrades to support their growth. Options A, B, and C are not completely true for all emerging market economies. While they do account for a significant portion of world GDP and have potential for purchasing power, there are still significant barriers to trade and investment in many of these countries. Additionally, not all emerging market economies have completely transitioned to service-based economies, and some continue to rely heavily on manufacturing.

Which of the Following Is True About Emerging Market Economies