provide an overview of the critical components, such as a country’s GDP, needed to properly analyze an emerging market. Then, answer the following: Why did you select the specific components you did? Is there a “best practices checklist” that can be created for analyzing emerging markets? Is it possible to use a “best practices checklist” as a guideline for analyzing all emerging markets? Why or why not?
Ans ) There are various components by which we can know about the economy production, standard of living but in practical there is some missing value in real world by which we can't know the detail information, may be because of missing data or the different value by using different ways of calculation. Keeping this view aside , GDP of a country is used for calculating poverty , production etc. Growth can be measured by GDP value of a country but the development of a country can't be measured. GDP is best practised in also the case of emerging market. It can be best practised to measure the emerging market activities but it can't be implemented in all the emerging market of the world because of the situations or the value of different market conditions in different countries or emerging market.
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