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Throughout this paper I will examine the importance of the Big Emerging Markets the risks and rewards related to them as well as the political humanitarian and environmental issues facing the US in dealing with these countries The Big Emerging Markets are currently Mexico Brazil Argentina South Africa Poland Turkey India Indonesia China and South Korea These countries have been classified as the Big Ten because of a number of important traits such as Physical size of the countries Enormous populations Large resource bases Demand for a wide range of products Worlds fastest expanding markets and responsible for major contributions of the worlds explosive growth of trade Their individual countrys importance within their respectively regions Their participation in major political economical and social changes throughout the world Each focus to open its economy balance its budget and sell off its state companies Global relevancy of BEMs First of all if most nations continue to open their economies to trade and if the BEMs continue their trend of sound economic policies then the Big Ten will grow two to three times as fast as the United states and other major industrialized countries over the next decade Second if the growth of US exports continues at its current pace the BEMs will account for the absorption of 1trillion in incremental American exports between 1990 and 2010 Third hundreds of millions of people in the BEMs are now entering the middle class because of their growing GDPcapita and the necessity for billions of dollars of imports to build transportation vehicles telecommunication equipment and everyday goods for the common man is being realized Fourth not only will the BEMs provide an enormous market for American products but they will also supply an extraordinary number of productive low-paid workers to the world market Fifth the size and the potential of the Big Ten markets will create brutal rivalries among American European and
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