QUESTIONS FOR DISCUSSION 1. Place these markets in the framework that follows. 2. Using available data, assess the market potential a. Indonesia g. Turkey b. Mozambique h. Spain c. India d. Bangladesh j. Nigeria e. Niger f. Brazil m.Peru n. Jamaica o. Poland p. United Kingdom for (a) power generators and (b) consumer appliances in (1) the Philippines, (2) Jordan, and (3) Portugal. i. Singapore 3. From the international marketer’s point of view, what are the opportunities and problems caused by k. Algeria q. Iraq 1. Zambia . Saudi Arabia increased urbanization in emerging and developing countries 4. In addition to Brazil, Russia, India, and China, Income Level identify three other emerging markets that make sense for international business growth. Why? Low Middle High 5. What can a marketer do to advance regional TRADE STRUCTURE Developed Emerging Developing economic integration? 6. Explain the difference between a free trade area and a common market. Speculate why negotiations were held for a North American Free Trade Agreement rather than for a North American Common Market. . Semi-industrial . Oil-exporting * Primary producing Populous South Asia . Least developed https://d2vlcm61l7u1fs.cloudfront.net/media%2F059%2F059b8bd4-4dfb-43b7-bfd6-86c0f739aa81%2FphpxRb4nU.png

1. Markets Framework uploaded as image
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3. Opportunities caused by increased urbanization in emerging and developing countries are as below :

Employment Opportunities
Increased Earning Potential
Transportation
Education
Services Options
Diminishing gender gap
Problems caused by increased urbanization in emerging and developing countries are as below :

Infrastrucre
Health
Education
Climate Change
Social Instability
Gap between demand-supply
4. In addition to Brazil, Russia, China and India, three other emerging markets for international business growth are

United Arab Emirates
South Africa
Turkey
The reasons are following

Lower than average per capita income
Strategic location
Rapid growth potential
Policy adopted by country
Technology embracement
Uncharted market
5. To advance regional economic integration, a marketer can do regional collaboration to diffuse strains. There needs to be free flow of capital, people, goods, labour across borders. Focus can be given to remove trade barriers and take advantages of free trade zone.

6. The difference between Free Trade Area and Common Marjket is explained below :

Free Trade Area Common Market
A group of countries come together Membedr countries seek to remove various other barriers to trade
They agree not to impose tariffs/ quotas on trade in goods among them They agree to harmonise product standards
Most free trade areas provide no free movement of labour or capital A common external tariff policy is needed in this case

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