In the financial crisis of 2007, there was cheap money coming from emerging markets. Examples of emerging markets are all of the following EXCEPT ____.

Question

Quizplus · Accepted Answer

Australia is not considered an emerging market, as it is a developed country with a high-income economy. The other choices (South Korea, India, and China) are considered emerging markets due to their developing economies and growing industries.

In the Financial Crisis of 2007, There Was Cheap Money