Ch 2 - Global Market Places & Business Centers (2)

Ch 2 - Global Market Places & Business Centers (2) -...

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Unformatted text preview: CHAPTER 2 GLOBAL MARKETPLACES & BUSINESS CENTERS Vital Information in International Business: • Basic geography • Market characteristics • Culture • Politics World Economic Activity: • Triad o Japan o European Union o United States Quad o Triad o Canada Shares of World GDP 1970 2001 Classifying Countries by Income Levels • High Income Countries: o $9,206 + annual per capita income o Cluster 1 = OECD members o Cluster 2 = Kuwait & United Arab Emirates o Cluster 3 = Hong Know, Israel, Singapore & Taiwan • Middle Income Countries = $745 – 9,206 annual per capita income • Lower Income Countries = $725 or Less annual per capita income • Least Developed Countries = o Low literacy rates o Low per capita income o Lack of Infrastructure Market Places of North America: • United States • Canada • Mexico • Greenland • Central America • Caribbean islands U nit ed St at es 3 6 % C anad a 3 % Jap an 7% Eur o p ean U nio n 2 6 % R est o f wo rld 2 8 % U nit ed St at es...
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Ch 2 - Global Market Places & Business Centers (2) -...

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