Georgia Assessments for the Certification of Educators GACE Practice Test

Which of the following countries would be considered an emerging market?

1. Britain

2. Canada

3. India

4. Japan

The correct answer is: Britain

The correct answer identifies a country that meets the characteristics of an emerging market, which is typically defined by rapid economic growth, industrialization, and the potential for increased investment returns compared to more developed countries. Among the options provided, India clearly falls into this category due to its dynamic economy, growth in sectors like technology and manufacturing, and significant foreign direct investment. Emerging markets often have developing infrastructures and a larger percentage of their population moving towards urbanization, which further fosters economic growth. On the other hand, Britain, Canada, and Japan are considered developed countries, characterized by stable economies, advanced technological infrastructures, and lower growth rates relative to emerging markets. Their established economic systems are not typically associated with the high risk-reward profile of emerging markets.