Task: The below table shows socio-economic data of two fictitious countries. From the perspective of a...

 

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Task: The below table shows socio-economic data of two fictitious countries. From the perspective of a business considering the possibility of undertaking business in these countries, analyse what the data could mean and present three conclusions. Each conclusion should compare both countries using at least two variables. You can relate each conclusion to any type of international business (eg. you can present a conclusion from the perspective of a business choosing a new export market, a business seeking an import source, a business choosing a location for FDI, etc). Recommended length foreach conclusion is approximately 200 words. (4 marks per conclusion) Country Country A Country B 1. Population 126.45 million 1.28 billion 2. Area 377,915 km 3.29 million km? 3. GDP $4.884 trillion US$9.447 trillion 4. GDP Per capita (PPP) US$42,700 US$7,200 5. Gini Coefficient .38 51 6. Population below poverty line 16.1% 21.9% 7.% of Urban Population 91.6% 34% 8. Main Exports Vehicles, iron and steel products, semiconductors, auto parts. Petroleum products, precious stones, chemicals, apparel, cereals. 9. Main Imports Petroleum, liquid natural gas, Machinery, crude oil, plastics, fertilizer, iron and steel. clothing, coal. 10. Inflation 0.4% 3.8% 11. Internet Users (% of 92% 29.5% Population) 12. UN Human Development Index (HDI) 903 624 13. Adult literacy rate 95% 71.2% 14. Labour Force by Occupation 2.9% agriculture, 26.2% industry, 70.9% services 47% agriculture, 31% industry, 22% services 15. Unemployment 2.9% 8.8% Task: The below table shows socio-economic data of two fictitious countries. From the perspective of a business considering the possibility of undertaking business in these countries, analyse what the data could mean and present three conclusions. Each conclusion should compare both countries using at least two variables. You can relate each conclusion to any type of international business (eg. you can present a conclusion from the perspective of a business choosing a new export market, a business seeking an import source, a business choosing a location for FDI, etc). Recommended length foreach conclusion is approximately 200 words. (4 marks per conclusion) Country Country A Country B 1. Population 126.45 million 1.28 billion 2. Area 377,915 km 3.29 million km? 3. GDP $4.884 trillion US$9.447 trillion 4. GDP Per capita (PPP) US$42,700 US$7,200 5. Gini Coefficient .38 51 6. Population below poverty line 16.1% 21.9% 7.% of Urban Population 91.6% 34% 8. Main Exports Vehicles, iron and steel products, semiconductors, auto parts. Petroleum products, precious stones, chemicals, apparel, cereals. 9. Main Imports Petroleum, liquid natural gas, Machinery, crude oil, plastics, fertilizer, iron and steel. clothing, coal. 10. Inflation 0.4% 3.8% 11. Internet Users (% of 92% 29.5% Population) 12. UN Human Development Index (HDI) 903 624 13. Adult literacy rate 95% 71.2% 14. Labour Force by Occupation 2.9% agriculture, 26.2% industry, 70.9% services 47% agriculture, 31% industry, 22% services 15. Unemployment 2.9% 8.8%

Answer rating: 100% (QA)

Country B has a large population than country A Country B is an excellent country to do business with because there are more customers as opposed to A Exporting ones goods to country A and exporting t... View the full answer