You work for a pharmaceutical multinational enterprise (MNE) that sells flu shots, which re typically sold to national governments for the same base price worldwide. The company's model is severely based on scale to be viable, so it depends on entering large economies, instead of wealthier countries in which the average family has more income but the economy is rather small. According to the data provided, and assuming the listed variables is all the information you have, the chances of your company REJECTING TO ENTER are GREATER than it rejecting ---: O Antigua and Barbuda; Central African Republic O Fiji; Barbados O Paraguay; Bosnia and Herzegovina O Chad; Iceland
You work for a pharmaceutical multinational enterprise (MNE) that sells flu shots, which re typically sold to national governments for the same base price worldwide. The company's model is severely based on scale to be viable, so it depends on entering large economies, instead of wealthier countries in which the average family has more income but the economy is rather small. According to the data provided, and assuming the listed variables is all the information you have, the chances of your company REJECTING TO ENTER are GREATER than it rejecting ---: O Antigua and Barbuda; Central African Republic O Fiji; Barbados O Paraguay; Bosnia and Herzegovina O Chad; Iceland
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
4

Transcribed Image Text:## Freedom House's 2018 Freedom in the World Rating: Antigua and Barbuda= 2;
Barbados= 1; Bosnia and Herzegovina= 4; Central African Republic= 7; Chad= 6.5;
Fiji= 3; Iceland= 1; Paraguay= 3
## GDP Growth % (2017): Antigua and Barbuda= 3.03; Barbados= 1; Bosnia and
Herzegovina= 3.16; Central African Republic= 4.46; Chad= -2.99; Fiji= 5.18; Iceland=
4.6; Paraguay= 4.96
## GNI at PPP (2017)(Billions US$): Antigua and Barbuda= 2.2; Barbados= 5; Bosnia
and Herzegovina= 45.8; Central African Republic= 3.8; Chad= 28.6; Fiji= 8.5; Iceland3D
18.6; Paraguay= 86.3
## GNI per capita at PPP (2017)(US$): Antigua and Barbuda= 23490; Barbados=
17640; Bosnia and Herzegovina= 13670; Central African Republic= 830; Chad=
1900; Fiji= 9680; Iceland= 54140; Paraguay= 12570
## Heritage Foundation's 2019 Economic Freedom's index:
Antigua and Barbuda= n/a; Barbados= 64.7; Bosnia and Herzegovina= 61.9; Central
African Republic= 49.1; Chad= 49.9; Fiji= 62.2; Iceland= 77.1; Paraguay= 61.8
## UN's 2017 HDI Index: Antigua and Barbuda= 0.78; Barbados= 0.8; Bosnia and
Herzegovina= 0.768; Central African Republic= 0.367; Chad= 0.404; Fiji= 0.741;
Iceland= 0.935; Paraguay= 0.702
====
You work for a pharmaceutical multinational enterprise (MNE) that sells flu shots,
which re typically sold to national governments for the same base price worldwide.
The company's model is severely based on scale to be viable, so it depends on
entering large economies, instead of wealthier countries in which the average family
has more income but the economy is rather small. According to the data provided,
and assuming the listed variables is all the information you have, the chances of your
company REJECTING TO ENTER
are GREATER than it rejecting -__:
---- E
O Antigua and Barbuda; Central African Republic
O Fiji; Barbados
O Paraguay; Bosnia and Herzegovina
O Chad; Iceland
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you


Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON

Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON


Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON

Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON

Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning

Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning

Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education