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Knowing the Political system, Economic Classification, Economic Blocks Impacting Trade, Gross Domestic Product, Purchasing Power Parity and Gross Domestic Product Per Capita can help a

Knowing the Political system, Economic Classification, Economic Blocks Impacting Trade, Gross Domestic Product, Purchasing Power Parity and Gross Domestic Product Per Capita can help a domestic company selling cat food with their business decisions when entering an international market. Data on Gross Domestic Product (GDP) can help analyze and measure the economic health of a specific country. Purchasing power parity (PPP) compares economic growth and standards of living in different countries with a common currency. Data on political systems, economic classification and economic blocks impacting trade may impact business decisions as they affect trade relations

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