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Choose one of the newly industrializing countries mentioned in the text (p. 102 International Business).The countries are Western Europe, Japan, Australia,
New Zealand, Canada, Israel, and the United States. The term developing is a classification for the world’s lower-income nations, which are less technically developed. At one time, newly industrializing countries (NICs) was a category which included the four Asian tigers (Taiwan, Hong Kong, Singapore, and South Korea), Brazil, Mexico, and three emerging NICs—Malaysia,Thailand, and Chile.
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. What effect might the economic and socioeconomic forces within that country have on the product’s potential? Explain the rationale behind your decisions. Respond to your classmates’ posts by debating the rationale behind their choices.
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