Economic and socioeconomic forces


Problem:

Developed is the name given to the industrialized nations of Western Europe, Japan, Australia, New Zealand, Canada, Israel, and the United States. Choose one of the newly industrializing countries mentioned.

Choose a product you think would be suitable to export to the country you chose based solely on that country's location, climate, topography, and natural resources.

Post your answers to the following questions: What effect might the economic and socioeconomic forces within that country have on the product's potential? Explain the rationale behind your decisions.

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Microeconomics: Economic and socioeconomic forces
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