INT 220 Module Three Assignment

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Southern New Hampshire University *

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220

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Economics

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Feb 20, 2024

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INT 220 Module Three Assignment Template Economic and Political Environments Comparison Section One The insights provided by the required data are important. They allow you to make informed decisions before expanding into a new market. Some categories, like Political Systems and Economic Blocs Impacting Trade should be weighed more heavily than others. Political Systems affect how you will be able to do business in your new market. Economic Blocs Impacting Trade affect how trading your products will go with other countries. Section Two Category Mexico Germany China Political System Republic/Presidential System/Federal Republic Federal Republic/Parliamenta ry Republic/Republic Chinese Communist Party Economic Classification Mixed market economy Mixed economic system Socialist Market Economy Economic Blocs Impacting Trade 13 Free Trade Agreements with 50 countries. Market Challenges Bilateral Investment Agreements Gross Domestic Product $2.593 Trillion $4.481 Trillion $17.52 Trillion Purchasing Power Parity $3,605 Billion (2023) $5,030 Billion (2023) $35,015 Billion (2023) Gross Domestic Product Per Capita 11,496.5 (2022) 48,718.0 (2022) $12,720.2 (2022) Section Three The least appropriate country to introduce my product in would be Germany, based on the economic blocs impacting trade. If you want to sell a product, you want access to the greatest market available. The next one would be Mexico. This is based on the amount of their GDP compared to China. China would be the most appropriate market. This is based on all their categories. References The World Bank, Website, https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=MX

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