Drawing on data in Exhibit 3–5, do you think that Romania would be an attractive market for a firm that produces home appliances? What about Finland? Discuss your reasons.

Data from Exhibit 3-5

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Percent Percent of Mobile Literacy % Phon es/100 Phone/00 Population % hternet Growth 2025 2013-2025 Estimated Mobile % of 2013 Projected Projected Population Population GNI Per GDP Population Population Population Density per (000s) in Urban Areas Us ing Internet (billions of Population, Inhabitants, User Growth Change (%) Sq. Mile Capita ($U.S.) of sus) 2011 (age 15) (o00s) Country Algeria Argentina Australia 2008 2008-2013* 2008-2013 39,210 45,841 17 16 70 5.330 210 73 01 33 17 70 91 89 41450 47,165 n/a 610 97 163 39 60 14 15 144 23,130 25,054 8 65,390 1,560 99 107 83 15 Bangladesh Brazil Canada China 156,600 197,674 26 1203 33 1,010 150 57 74 73 133 200,400 218,259 24 85 11,690 2,246 90 135 71 52 50 35,160 37559 4 81 52,200 1,827 99 81 23 86 12 1,357000 1,394,639 3 145 53 6,560 9,240 94 89 85 46 100 Egypt Ethi opia Finland 82,060 103.742 26 82 43 3,140 272 72 122 122 50 178 94100 131,261 39 94 19 470 48 43 27 1250 2 250 5,439 18 48,820 5,251 68,680 -4 84 267 99 172 34 92 10 France 6,031 80,620 43.460 47,270 4 121 79 2,806 99 98 5 82 15 Gemany 79,226 -2 231 75 3.730 99 121 -5 84 8. Haiti 10,320 11,252 374 56 846 61 69 109 45 India 1,252,000 1,877 1,396,046 90,481 12 421 32 1,570 74 71 137 15 241 kan 77.450 17 48 72 5,780 369 85 84 42 31 210 Israel 8,059 8,984 12 372 92 33930 291 97 123 -2 71 20 Italy Japan Kenya Libya Mexico Nigeria 59830 62,591 203 69 35860 2149 98 159 59 31 127,300 123,386 -3 349 92 46,330 4920 99 118 36 86 16 4.350 53,196 20 78 25 1,160 55 87 72 71 39 333 78 89 86 6,202 7.375 19 4 12930 62 165 31 17 295 122,300 134,829 63 79 9920 1,261 86 32 44 100 234.363 5682 228,385 173.600 35 191 46 2,710 522 61 73 74 38 138 Norway Pakistan 80 38 5,084 11 14 102,610 513 100 6 95 4 182100 20 236 1,360 232 57 70 32 57 Romania 19,960 20,872 87 54 9.060 190 98 106 -5 50 54 Russia 143,500 128,180 -11 74 13,850 2,097 100 153 11 61 126 Saudi Arabia 28830 31,877 83 26,260 96 184 61 69 11 13 749 34 Singapore Somalia 5.399 6733 100 298 18 93 38 25 3ו7ד 54 040 156 73 10,500 13,274 26 17 39 150 49 600 100 Spain Switzerland 46,650 51,415 10.2 94 79 39920 1,393 98 107 -3 72 20 8,081 8,666 7 205 74 90,760 685 99 137 18 87 10 Turkey Uni ted Kingdom 90,498 67,244 74.930 21 249 72 19,970 822 95 93 -1 46 34 64,100 5. 265 82 41,680 2,678 99 125 3. 90 15 United States Vietnam 316,100 346,407 35 81 53.470 16,770 99 96 13 84 13 89,710 14.2 289 83 32 Sources Dataforprojected popu lation is from US Census Bure a International Data Base. Urbanization data and iteracy datafrom the aA World Factbook. All other data from the World Bank. *D ata from 2013. Literacy datafrom 2009-2011, except forA Igeria 2o06), A rgentina (2o01), Australia (200s) Can ad a (2oos, Egypt (20os) Fin land (2000) France (2003), Germany (20as , lsrael (2004), Italy (2001) Japan (2002), Mexico (2oos) Pakistan (2013A Saud Arabia (2012) Singapore (2000), Somalia (200v, Swit e land (200 Turkey (202) Uh ite d Kingdom (2003), Uhited States (2003, and Vietnam (2002). 102.459 1,740 171 94 131 52 44