Which of the following is an example of an emerging market?

A) Mercau, a country in Europe, experiences average economic growth of around 2 percent/year.
B) Breulik, a country in Africa, has formulated political policies that support free trade and private ownership.
C) Bazula, a country in South America, has consumers with a high income level.
D) Sehkiztan, a country in Asia, has markets with low levels of economic activity.

Political Policies

Strategies and decisions made by a government or political party that guide the administration of a country and affect its citizens and economic conditions.

Emerging Market

a market in a country that has some characteristics of a developed market but is not fully developed, often characterized by rapid growth and increased investment opportunity.

Free Trade

An economic policy that allows imports and exports among member countries with little to no tariff barriers, quotas, or prohibitions to foster a more efficient allocation of resources.