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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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This note was uploaded on 04/18/2008 for the course MGCR 383 taught by Professor Karlmoore during the Winter '08 term at McGill.
- Winter '08