Category Economic Classification Economic Blocs Impacting Trade Gross Domestic Product Purchasing Power Parity Gross Domestic Product Per Capita Mexico Middle Class (Market Overview, 2023). • Suggest growing consumer market. • There may be challenges with income distribution. NAFTA/ USMCA. (Reiff, 2024) • Expands to larger North American markets. • Increase investment opportunities $1,269.96 USD Billion (ProQuest, 2024). ⚫ Highlight significant economies with investment opportunities. 2.6 trillion USD (ProQuest, 2024). * Illustrate the internal market size *Essential for market entry strategy *Demonstrate consumers can afford more with their income. (Dunung, 2020 $19,100 per capita. (ProQuest, 2024). • Indicates moderate spending power. Germany Mixed economic Brazil Middle Income (Brazil, system, (Germany: Intro, n.d.) n.d.) Growth • Highlights strong purchasing power. • Ideal for affluent consumers. WTP, European Union, (Germany foreign, n.d.) • Trade stability • Ensure broad Market $4,456,081.02, (GDP Current-Germany, n.d.). • Highlight significant economies with investment opportunities. 4.1 trillion USD (Dunung, 2020). * Illustrate the internal market size *Essential for market entry strategy *Demonstrate consumer spending power. 42878.81 USD. (Germany GDP, n.d.) *Indicates high individual wealth. * Favorable for premium products. potential within economy volatility. Mercosur, or the Southern Common Market. (Trade Agreements, 2023). Facilitates regional trade within South America $2.33 Thousand billion of USD. (Brazil Dataset, n.d.) Substantial growth potential. 3.2 trillion USD (Dunung, 2020). * Illustrate the internal market size *Essential for market entry strategy **Demonstrate consumers can afford more with their income. (Dunung, 2020 11.355 thousand US dollars. (Brazil Dataset, n.d.) • Indicates moderate spending power. Category Political System Mexico Germany Democratic, Federal Federal Republic (SRE n.d.) Parliamentary Ensure Republic. (The stability Federal, n.d.) • Beneficial for Strong Brazil Democratic and Constitutional (Brazil, n.d.) • Important for long-term investments. companies seeking a regulatory environment. regulatory framework. Appealing for foreign investors.