Ervetia is a country in Europe, which has recently adopted a new economic policy. The government of Ervetia has now opened doors to foreign investments and free trade relations with other countries. The number of private companies in Ervetia has also started increasing at a fast pace. Given this information, it can be said that Ervetia is most likely a(n) _____.
A) emerging market
B) frontier market
C) developed market
D) prediction market

Question

Quizplus · Accepted Answer

Emerging markets are characterized by their rapid economic growth, increasing foreign investments, and a growing number of private companies, which aligns with the description of Ervetia's current economic situation.

Ervetia Is a Country in Europe, Which Has Recently Adopted