International Business New Zealand Economic Development Discussion
Instructions
In this exercise, choose a country of your choice on a different continent than you live on to analyze the economic development of it. In a two-page essay, answer the questions below and discuss the factors that influence your country’s economic development. Your essay should use a 12 point font, be double spaced, and use APA formatting to cite references on the last page of your assignment. It should be submitted as a Word or PDF document. Be sure to note the country you chose at the top of your essay.
Answer the following questions:
- From the following list, how would this country be economically classified? Why?
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- Developed countries
- Newly industrialized countries
- Developing countries
- How is national production measured in this country?
- What challenges is your country facing in economic transition (if any)? Why?
- What is the level of political risk in your country? Why? Provide at least one example of an actual political risk that has been in the news in the past ten years.
- How can your country better manage political risk?
