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Country A is a developing country that has a significant population and represents a sizable market for a wide range of products. It has a strong growth rate and is considered a regional economic driver. Based on this information, Country A can be classified as a ________ market.

User Alokito
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Answer:

big emerging

Step-by-step explanation:

An economy is a function of how money, means of production and resources (raw materials) are carefully used to facilitate the demands and supply of goods and services to meet the unending needs or requirements of the consumers.

Basically, there are four (4) main types of economy and these are;

I. Mixed economy.

II. Command economy.

III. Traditional economy.

IV. Pure capitalism economy.

In this scenario, Country A is a developing country with a significant population that indicates a sizable market for a wide range of products. Also, the growth rate of clCountry A is very strong and is considered a regional economic driver.

Based on this information, Country A can be classified as a big emerging market because it's capable of growing very fast to compete with other markets.

User Jason Oster
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