Question

Managers in international businesses will need to evaluate the attractiveness of a country as a market or location for a facility or investment. Knowing how to think about events and situations will help the manager make that evaluation.

Managers can use economic and socioeconomic indicators to evaluate potential locations to conduct business

Mathc the Economic indicator to the relevant dimensions.

a. Income distribution
b. Unit labor costs
c. Private consumption
d. Age distribution
e. Gross national income (GNI)
f. Economic growth rate
g. Total population

1. Absolute size of an economy
2. Speed of economic growth
3. How a nation's income is apportioned
4. Purchase of essential vs, nonessential goods
5. Cost of production
6. Potential market size
7. Potential market segments

Answer 1

1. Absolute size of an economy

e. Gross national income (GNI)

2. Speed of economic growth

f. Economic growth rate

3. How a nation's income is apportioned

a. Income distribution

4. Purchase of essential vs, nonessential goods

c. Private consumption

5. Cost of production

b. Unit labor costs

6. Potential market size

g. Total population

7. Potential market segments

d. Age distribution

Step-by-step explanation:

Any entity that wishes to exploit foreign markets must of necessity determine the suitability of the country's market and its economy. To achieve this aim, entities engaging in foreign direct investments consider some factors. One of them is the country's attractiveness. A country is attractive or not depending on the following elements, among others: market size, growth of market size, per capita income, population and age distribution, existence and enforcement of contract laws, and political openness. These considerations are important to avoid regrets, including over-exposure to country risks.