Answered: what is the comparison between Trinidad…

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter9: Reaching Global Markets

Section: Chapter Questions

Problem 10DRQ

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The World Bank identifies 214 discrete economic environments in the world today—188 countries and 26 economies with populations of more than 30,000. The former include countries that most are quite familiar with, such as Austria, Chile, China, Germany, Indonesia, Vietnam, and so on. The set of “26” include nations such as Andorra, Bermuda, Isle of Man, Macao, San Marino, Tuvalu, and Vanuatu. In principle and in practice, each of these 214 business environments has ___________ cultural, political, legal, and economic characteristics that define business activity within its borders. A) radically different B) utterly unpredictable C) surprisingly identical D) unique, but similar
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