Chapter 13. Newly Emerging Markets: A Diamond Monopolist’s Best Friend

EIA Activity: Newly Emerging Markets: A Diamond Monopolist’s Best Friend

Click on the links on the right to answer the following questions.

  1. Question

    Click on Link 1 and watch the YouTube video "India's Love Affair with Gold". Then answer the following questions. True or False: In India, gold is a symbol of financial wealth.

    A.
    B.

  2. Question

    True or False: An Indian bride prefers to wear as much gold jewelry as possible on her wedding day.

    A.
    B.

  3. Question

    True or False: Gold is very important to Indian culture and tradition.

    A.
    B.

  4. Question

    True or False: “No gold, no wedding,” is a popular saying in India.

    A.
    B.

  5. Question

    Use Link 2 to answer the following questions. True or False: The price of a diamond depends on the quality and carat weight.

    A.
    B.

  6. Question

    True or False: A single price for half-carat diamonds does not exist.

    A.
    B.

  7. Question

    True or False: Two half-carat diamonds will cost more than a single one-carat diamond.

    A.
    B.

  8. Question

    Use Link 3 to answer the following question. True or False: China’s demand for diamonds accounted for 10% of the diamond market in 2013.

    A.
    B.

  9. Question

    Use Link 4 to answer the following question. True or False: Rio Tinto is interested in mining for diamonds in India within the next decade.

    A.
    B.

  10. Question

    Have you ever wanted to own a diamond? Yes or no? Explain.

    Your response will be graded by your instructor.
    Have you ever wanted to own a diamond? Yes or no? Explain.
  11. Question

    Would you prefer to be given a new car or a one-carat diamond ring? Discuss.

    Your response will be graded by your instructor.
    Would you prefer to be given a new car or a one-carat diamond ring? Discuss.
  12. Question

    What is your current demand for diamonds? Discuss.

    Your response will be graded by your instructor.
    What is your current demand for diamonds? Discuss.

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