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

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

Foundations of Business (MindTap Course List)

6th Edition

ISBN:9781337386920

Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Chapter3: Global Business

Section3.4A: The Economic Outlook For Trade

Problem 3CC

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