Drawing on data in Exhibit 3-4, do you think that Romania would be an attractive market for a firm that produces home appliances? What about Finland? Discuss your reasons.
In Exhibit 3-4

% of Population Using Internet 2010-2025 2009 2008 % Mobile Phone Project ed Projected Projected Population Population Population GNI Per Change (%) 2010 2025 2009 Percent of 2008 2008 Mobile GDP (bi llions (Su.S.) of SU.S.) % User Growth Estimated Phones/ in Urban Growth Popu lation Popu lation (000s) Densi ty per square mile Capita Li teracy 100 Country (000s) Areas Percent Inhabitants 2003-2008 2009 2000-2009 Algeria Argentina Australia 34,586 40,290 16.5% 37 63 173.9 4,260 7,200 69.9 92.72 2203 12.0 8100 41,343 47,165 14.1% 39 91 328.4 97.2 116.61 593 48.9 700 16.4% 21,516 158,066 25,054 192,976 231 87 83 40,350 1015.2 99.0 104.96 154 80.1 158 Bangladesh Brazil 22.1% 3018 25 520 790 479 27.90 3270 0.4 456 201,103 15.3% 61 84 7,350 41,730 2940 1,800 280 1,6125 886 78.47 325 34.0 1,250 Canada 33,760 1,347, 563 80,472 37,559 11.3% 10 81 1,400.1 99.0 66.42 166 74.9 98 China 1,394,639 103,742 35% 372 46 4,326.2 162.8 90.9 47.95 238 26.9 1,500 Egypt Ethiopia 28,9% 205 43 71.4 50.62 712 15.9 2,693 04 835 88,013 5,255 64,768 82,283 140,140 59.2% 197 16 265 42.7 2.42 3810 3,500 Finland 5,251 -0.1% 45 63 48,120 271.3 100.0 128.76 144 127 France 68,482 5.7% 261 77 407 42,250 42,440 2,853.1 3652.8 99.0 93.45 139 69.3 Germany 80,637 -2.0% 611 73 99.0 12827 163 65.9 126 Haiti 11,955 29.9% 849 43 660 7.0 52.9 32.40 1000 1,173,108 67,038 India 1,396,046 19.0% 1,008 29 1,070 1,217.5 610 29.36 1030 7.0 1,520 Iran 76,779 14.5% 105 67 3,540 385.1 77.0 58.65 1246 48.5 12,780 Israel 22.2% 7,354 58091 4984 922 92 24,700 199.5 97.1 12738 136 72.8 314 Italy 56,234 -3.2% 512 68 35,240 2,293.0 984 151.57 159 51.7 127 4,9098 755 Japan Kenya Libya Mexico Ngeria Norway 126804 40,047 6,461 117 816 -7.1% 878 86 3,210 86.73 127 104 51,261 066 28.0% 177 19 770 345 85.1 42.06 1025 86 1,580 8,342 29.1% 77 11,590 99.9 82.6 76.71 3802 5.1 3,130 112,469 130,199 158% 150 77 250 9,980 1,160 87070 1,086.0 91.0 69.37 24.8 918 152,217 197,223 29.6% 424 47 212.1 680 41.66 2000 7.4 5,400 110.16 49.74 4,676 4,917 217,927 21,260 5.2% 39 90 450.0 100.0 129 90.9 93 Pakistan 177277 22.9% 581 35 980 168.3 49.9 3661 10.6 13,716 Romania 22,181 -4.2% 250 55 7,930 200.1 97.3 114.54 348 33.4 829 Russia 139,390 128, 180 -8.0% 21 73 9,620 1,360 1,607.8 4676 99.4 141.11 552 32.3 Saud i Arabia Singapore Somalia Spain 29,207 4,701 35,680 22,2% 35 81 15,500 788 14285 497 268 3,750 138.15 5,101 15,148 39,578 7,774 8.5% 17662 100 34,760 181.9 92.5 178 72.4 181 10,112 49,8% 41 37 37,8 7.02 314 1.0 50,900 -2.4% 210 97.9 40,549 7,623 77 31,960 65,330 1,604.2 111.67 133 71.8 440 Switzer land 2.0% 495 73 488.5 99.0 117.97 144 75.5 169 Turkey Unit ed Kingdom 77804 90,498 16.3% 258 63 9,340 794.2 87.4 89.05 236 34.5 1,225 61,285 310,233 63,819 4.1% 655 80 45,390 2,645.6 99.0 126.34 143 76.4 203 United States 357,452 102,459 15.2% 87 79 47,580 14,201.3 99.0 86.79 168 74.1 139 Vietnam 89,571 14.4% 705 28 890 90.7 90.3 30.37 2553 24.8 10,882