Chapter 7 Emerging Markets, Developing Economies, and Advanced Economies
Learning Objectives
In this chapter, you will learn about:
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Advanced economies, developing economies, and emerging markets
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What makes emerging markets attractive for international business
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Assessing the true potential of emerging markets
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Risks and challenges of emerging markets
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Strategies for doing business in emerging markets
Advanced Economies, Developing Economies, and Emerging Markets
Advanced economies are postindustrial countries characterized by high per-capita income, highly competitive industries, and well-developed commercial infrastructures. They are the world’s richest nations and include Australia, Canada, Japan, New Zealand, the United States, ...
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