Emerging markets are important in international business and trade due to ________.
A)large informal economy
B)low rates of energy consumption
C)high growth rate of middle class population
D)low inward FDI

Question

Quizplus · Accepted Answer

Emerging markets are important in international business and trade due to their high growth rate of middle class population. As the middle class population grows, so does the purchasing power of the country, leading to an increase in demand for goods and services. This presents opportunities for businesses to expand into these markets and tap into this growing consumer base.

Emerging Markets Are Important in International Business and Trade Due