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Country Comparison And Analysis Paper

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Country Comparison and Analysis In the modern age of globalization, business people typically conduct business transactions and partake in joint ventures with firms in various countries around the world. Having a thorough knowledge of global market conditions can help provide professionals with the decision making frame work needed to function in some of the fastest growing markets in the world. Gathering background information concerning potential foreign markets is crucial to developing this frame work. This paper will examine and compare the economies, governments, health, labor, trade investment, energy, education, infrastructure, and people of Brazil, Russia, China, and India.
Evaluation
Six metrics were used: economies, government, health, labor, trade investment, and infrastructure. These six metrics were broken down into sub-metrics: inflation rates, gross domestic product, government tax rates, life expectancy, infant mortality rates, size of labor force, unemployment rate, imports, and exports. The countries were scored on a scale of 1 to 4, under each of the sub-metrics. 1 being the best score possible and 4 being the worst. The countries total scores were taken and divided it by 12 to calculate competitiveness coefficient. Using this coefficient the most competitive country should yield the lowest score on the scale.
Economies …show more content…

Two fundamental metrics for comparing the economies of countries are the inflation of consumer prices and the gross domestic product growth. The inflation of consumer prices are increases in the prices that consumers pay within a specified purchasing period for goods and services (Cambridge Dictionary,

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