Write a 2-page double-spaced paper (no less than 500 words) responding to any two of the following questions. When citing research and journal articles, be sure the full reference is added at the end of your paper in APA format. Do not use examples provided in the required course materials; you must research your own examples and provide citations.
The textbook defines an emerging market as “a society transitioning from a centrally managed economy to a free-market-oriented economy, with increasing economic freedom, gradual integration within the global marketplace, an expanding middle class, and improving standards of living, social stability, and tolerance, as well as increase in cooperation with multilateral institutions.” Using the CIA’s website, choose a developing country that is transitioning into an emerging market and describe its growth. What do you project for the level of future economic growth in this country? For additional information, please view the Organisation for Economic Co-operation and Business Insights on Emerging Markets 2019. [MO 2.3].
The textbook states, “Global companies also recognize that in many developing countries, the local government is the buyer—particularly for higher value-added products and services such as high-tech items, equipment, and infrastructure development.” Choose a developing country where an international firm could seek market entry with first-mover advantage. Then, describe a product that would benefit the country and how the firm could be successful there. Include an assessment of the country’s political environment and economic development to evaluate the risks and opportunities. [MO 2.3]
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