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- Explain the economic and political factors that make South Korea a developed country in Asia.Discuss briefly the common economic goals of a country.Economic systems across the globe are unique, and businesses need to adapt to fit in to the economic system in which they operate. Consider the types of economic systems: planned, market, and mixed. How are businesses that operate internationally affected by each of these three economic systems? How might this be different for a large business versus a small business?
- Describe the economic system of the United States of America.Explain one advantage and one disadvantage of the US economy.It is important to understand the history and geography of countries. History impacts the values of a society and geography impacts the commercial activity of a country. Please describe each and give examples.what is the current economic condition of the Philippines?