C211 - Global Economics for Managers Final Exam - All Reading Questions and Answers 100% Pass

C211 - Global Economics for Managers Final Exam - All Reading Questions and Answers 100% Pass Base of the pyramid (BOP) - Correct Answer ️️ -Economies where people make less than $2,000 per capita per year. BRICA - Correct Answer ️️ -Brazil, Russia, India, and China. Emerging economies - Correct Answer ️️ -term that has gradually replaced the term "developing countries" since the 1990s. Emerging markets - Correct Answer ️️ -A term that is often used interchangeably with "emerging economies." Expatriate manager - Correct Answer ️️ -A manager who works abroad, or "expat" for short. Foreign direct investment (FDI) - Correct Answer ️️ -Investment in, controlling, and managing value-added activities in other countries. Global Business - Correct Answer ️️ -Business around the globe. Gross national income (GNI) - Correct Answer ️️ -GDP plus income from non-resident sources abroad. The term used by the World Bank and other international organizations to supersede the term GNP. Gross national product (GNP) - Correct Answer ️️ -GDP plus income from non- resident sources abroad