Assume the year is 2025.The CEO and Board of Directors of EyeTechCompany have decided to expand the company's operations into a foreign country, and they have narrowed it down to three countries to choose from: Freedonia, Verpaly, and New Bazoga.Data collected regarding the three countries for the past three years is as follows (note that bil= billions in US dollars):

FreedoniaVerpalyNew Bazoga

Years202220232024202220232024202220232024

GDP19bil22 bil23 bil15 bil18 bil20bil16bil14 bil16 bil

Unemployment7%7%5%8%7%7%5%5%6%

Inflation3%4%5%3%3%2%4%6%3%

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The company now calls on you as the business manager to analyze the data and provide recommendations to the board regarding the three countries.Be sure to take into account the changes from one year to the next in your analysis to avoid looking only at the data from 2024 and making your recommendations based on that year alone.

1. Based only on GDP, identify the country you would recommend be chosen by the board, and explain why.

2. Based only on Unemployment, identify the country you would recommend be chosen by the board, and explain why.

3. Based only on Inflation, identify the country you would recommend be chosen by the board, and explain why.

4. Lastly, based on all of the data, which country would you recommend be chosen by the board, and explainwhy.