Exporting and Economic/Political Systems

Reading Time: < 1 minute

Goal: Describe the differing political, economic, and cultural systems around the world that affect global business. Describe the differing political, economic, and cultural systems around the world that affect global business. Attached is the readings from the textbook.

  • Select ONE COUNTRY from EACH of the columns on the attached sheet. (Free Market, Socialist, Communist). These are the countries where you have identified a potential market for your amazing and highly effective new toothpaste “Forever Bright.”
  • RESEARCH the countries you have selected using the CIA Factbook, globalEDGE, and Vision of Humanity as a starting point to determine the economic and political climate for our business venture. You MUST use and reference these before you use any other recourses
  • For EACH country:

https://youtu.be/d8ivuSUfTg4

http://visionofhumanity.org/

https://globaledge.msu.edu/

https://www.cia.gov/library/publications/the-world-factbook/

  • Identify the OPPORTUNITIES and THREATS to your global business venture posed by the economic/political environment
  • If you decide to pursue your business venture in these countries, what are the specific risks that you face as an international business entrepreneur?
  • What, if anything, can you do to mitigate the risks as an exporter into these countries?

Minimum of 2 pages in length with a 3-page maximum. Title pages, pages of references, citations or graphs DO NOT count towards the length of the paper. One page, double-spaced at a 12-point Times New Roman Font is approximately 250 – 300 words. This means that your assignments should be a minimum of 6300 words, and a maximum of 900.

The assignment must be double-spaced, using no more than a 12-point font and standard margins of no greater than 1” on all sides.

Must cite resources and NO PLAGIARISM