Emerging markets are typically characterised as:

Question

Quizplus · Accepted Answer

The term 'emerging market' developed during the late 1980s in response to the international emergence of markets in developing areas of the world,such as Africa,Asia,South America,the Indies and Eastern Europe.These markets are not necessarily new markets,but rather are markets that have experienced rapid change and growth,usually as a result of restructuring in the underlying economy.These markets have captured international investment interest,primarily because of their high returns.However,the fundamental trade-off between risk and expected return is never more applicable than with these markets.The relatively high returns are associated with a relatively high level of risk.

Emerging Markets Are Typically Characterised As