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 and equipment sales.

Question

Quizplus · Accepted Answer

Emerging markets often require machinery and equipment to support their industrialization and infrastructure development, making them important targets for such sales.

Which of the Following Is True About Emerging Market Economies