INT 220 Module Three Assignment .docx - INT 220 Module...

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INT 220 Module Three Assignment Economic and Political Environments Comparison Section One I think three most important data points will be the gross domestic product per capita, economic classification, and economic blocs impacting trade. I think that gross domestic product is important because it can help me decide on the state of a country’s economy. If the gross domestic product is low and is not rising, then it can help make a business decision to not enter that market at this time. The next data point is economic classification, which identifies what type and how business is going on in a country. A business decision can be affected because if a classification is low a business might be pushed towards not entering that market. The last data point is economic blocs impacting trade. An example of this could be a tariff one country has imposed on another government is reduced. This could help in a business decision because that could be an easier country to enter the market at.

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