The Logan--a simple, reliable car built by its Romanian unit, Dacia--is a hit in many developing markets, and by 2010 Renault plans to build 1 million Logans in eight countries.

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Those parts being many of the people in developing markets.

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During the quarter, Trina boosted its production capacity, shipped nearly three times as many systems and expanded sales in developing markets like the Netherlands, Belgium, France, Greece and Korea.

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But many American companies would benefit through unfettered access to markets in the developing world currently protected by high tariffs.

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Mike Best of the Massachusetts Institute of Technology, who has worked in rural markets in Africa and Asia, points out that many developing countries (he cites Ghana as an example) lack the requisite connectivity.

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And it made many fund managers more reluctant to take on investments they think are risky - notably in developing countries' markets.

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