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EMERGING MARKETS (WHAT MAKES EMERGING MARKETS ATTRACTIVE? (China (Huge…
EMERGING MARKETS
DEVELOPING ECONOMIES
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The combination of low income and generally high birth rates tends to perpetuate poverty in these countries
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EMERGING MARKETS
Former developing economies that achieved substantial industrialization, modernization and remarkable economic growth
most distinguishing characteristic is rapidly improving living standards and a growing middle class with rising economic aspirations
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ADVANCED ECONOMIES
*Post-industrial countries with high per-capita income, competitive industries, and developed commercial infrastructure
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Home to 14% of the world’s population, they have long dominated international business
Account for about half of the world’s GDP, over half of world trade in products, and three-quarters of world trade in services
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