Question

20) What are the main indicators of emerging markets comparatively better performance during the last five economic recessions?

A) Macroeconomic imbalances, volatility of exchange rates & illegal economy

B) Growth difference, level difference & relative growth

C) Demographic volatility, depletion of natural resources & withdrawal from globalization

D) The sheer scale of the recent recession, slowing supply of workers & feebleness of recovery of advanced economies

E) Import-substituting policies, problems of appropriability & effect of liberalized trade

Answer 1

Option B

Explanation: The emerging markets achieved a relatively high growth compared to the developed economies in the given period.