Assignment:
The seven criteria for describing a nation’s economy introduced at the beginning of this chapter can be combined in a number of different ways. For example, the United States can be characterized as follows: Type of economy: Advanced industrial state Type of government: Democracy with a multiparty system Trade and capital flows: Incomplete free trade and part of a trading bloc The commanding heights: Mix of state and private ownership Services provided by the state and funded through taxes: Pensions and education, but not health care Institutions: Transparency, standards, no corruption, a free press, and strong courts Markets: Free market system characterized by high-risk/high-reward entrepreneurial dynamism Develop a profile of one of the BRIC nations, or any other country that interests you. What implications does this profile have for marketing opportunities in the country?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.