Which of the following characterizes emerging economies?
A) Industrialization typically creates a new rich class and a growing middle class, both demanding new types of imported goods.
B) They trade goods among themselves and also export them to other types of economies for raw materials and semifinished goods.
C) Most African countries fall into this category.
D) They consume most of their output and barter the rest for simple goods and services.
E) These countries are the best markets for large equipment, tools and supplies, and trucks.
A
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Which of the statements below is TRUE regarding interest rates in the period 1950-1999?
A) Inflation averaged 1.18%. B) The real rate averaged 4.05%. C) The default premium averaged 7.05%. D) The maturity premium averaged 1.28% (for twenty-year maturity differences).
Risk avoidance and loss prevention are the same thing
Indicate whether the statement is true or false