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what is an emerging market. ? please in specific details.

what is an emerging market. ?
please in specific details.

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An emerging market is a market which does not have the status of a developed country but which is rising rapidly to be a developed country in the near future. For example, India's current nominal GDP is $2,93 trillion and it is not a developed country at this staged. However, the fast growth of the country in the last 2 decades makes it an emerging country as it is all set to become a developed country in the near future.

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