ECO 561 Course Great Wisdom / tutorialrank.com ECO 561 Course Great Wisdom / tutorialrank.com | Page 49

forecasts for population growth, GDP growth, GDP per capita growth,
export growth, and sales growth.
Evaluate the competitors' existing production in the chosen country.
Evaluate forecast sales in the selected country.
Determine the type of economy that exists in your selected country closed, mixed, or market. What is the difference between these types
of economies and how might this affect your expansion?
Describe how your chosen country's current credit market conditions
affect demand for your product or service and your planning or
operating decision for your production in that country.
Analyze the role of the selected country's central bank on that
country's economy.
Evaluate the availability, education, and job skills of the work force in
the selected country. Discuss the additional challenges of international
production, such as political stability, availability of government
financing or other incentives, threat of capital controls, and exchange
rate risks.
Discuss any additional supply chain challenges you anticipate if
attempting to sell your product made in your chosen country to
countries outside of that market.
Discuss any comparative advantages your company will have over
competitors in that country.
Recommend either for or against expanding your company's
production into your chosen country based on your research.
Cite a minimum of three peer reviewed sources not including the
textbook.