- China's economy grew by over 10 per cent annually from 2000 to 2010
- India expanded by seven per cent yearly
- Brazil has grown by nearly four per cent per year
- The economies of Canada, the U.S. and the European Union each grew by less than two per cent annually
“The emerging markets are where you have constant GDP growth. Going to those countries should be no longer a question of why, but rather a question of how,” says Frank Pho, vice president, Global Expansion, at the Business Development Bank of CanadaLooking abroad for growth offers increased revenues, additional profitability and much needed diversification for small businesses.
Read the entire article: Expanding Internationally: How to Improve Your Odds Abroad