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Which of the following pairs of countries are the leading manufacturers of cement in the world?
Answer & Solution
Correct Answer:
Option
C
China and India are the leading manufacturers of cement in the world. The cement industry has changed significantly in recent years through trans-national consolidations and co-operations. Much of the potential is in emerging markets, especially China and India. Emerging markets represent approximately 90% of the worldwide market today while western Europe and North America account for most of the remainder.
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