The following video is part of our "Motley Fool Conversations" series, in which consumer goods editor/analyst Austin Smith and senior technology analyst Eric Bleeker address topics from across the investing world.

In today's edition, Austin and Eric discuss how to play Russia as an emerging-market growth story. Each of the BRIC nations has its own reaction to domestic and international brands, and this needs to be considered when investing in any of these nations. For Russia, that means recognizing the country's preference for homegrown Russian brands over those from other nations like the United States. While many investors may feel like this limits them to exclusively Russian companies, that's not exactly the case. You can still make a big bet on the emerging Russian economy with strong domestic companies that have bought up Russian brands. PepsiCo's acquisition of Wimm-Bill-Dann is just one such example.

With Europe in shambles, many investors may be nervous about investing in a company that's internationally focused, but they shouldn't be. Emerging markets are giving new life to established American companies with deep pockets. As these industry titans look abroad for more sales, they aren't starting with a blank slate -- they're bringing their operational excellence to new markets and thriving. To uncover these picks today, we invite you to read a copy of our free report: "3 American Companies Set to Dominate the World." The report won't be available forever, so we invite you to click here to get your copy today!

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.