Countries are divided into developed and emerging markets based on the market capitalization of their stock market.

Name: Countries are divided into developed and emerging markets based on the market capitalization of their stock market.
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Question

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One of the major economic variables separating emerging from developed countries is per capita income. This is why a small country like Luxembourg is considered developed, while countries like India, China, and Russia are considered emerging.

Countries Are Divided into Developed and Emerging Markets Based on the Market