Per-capita GDP converted at market exchange rates does NOT paint an accurate picture of the market potential of an emerging market because ________
A) it tends to over-emphasize the role of pricing in driving growth in emerging markets
B) it overlooks the substantial price differences between advanced economies and emerging markets
C) prices are usually higher for most products and services in emerging markets
D) emerging markets do not support inward FDI
B
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Notes receivable represents a written promise that a party will pay a fixed amount of principal plus interest on a stated maturity date
Indicate whether the statement is true or false
What is a participating life insurance policy?
A) Agreement that allows two or more beneficiaries to share in the death benefit B) Contract that gives beneficiaries the right to participate in any dividends C) Contract that allows the policyowner to receive a share of surplus in the form of policy dividends D) Agreement that insures two or more lives