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[Rank the appropriateness of introducing your selected product into the three markets from most appropriate to least appropriate using the political and economic data you
[Rank the appropriateness of introducing your selected product into the three markets from "most appropriate" to "least appropriate" using the political and economic data you collected, and then provide a rationale for why you ranked the markets the way you did based on the data you gathered.]
Category | Mexico | Germany | Turkey |
---|---|---|---|
Political System | Federal Republic - two legislative houses | Federal Republic | Multiparty Republic - one legislative house |
Economic Classification | Developing | Developed | Developing |
Economic Blocs Impacting Trade | USMCA (United States - Mexico - Canada Agreement) | WTO (World Trade Organization) | EU Agreement - AAA (Ankara Association Agreement) |
Gross Domestic Product | $1,076B (2020) | $4,223B (2021) | $719.5B (2020) |
Purchasing Power Parity | 19,130 International Dollars | 57,928 International Dollars | 30,253 International Dollars |
Gross Domestic Product Per Capita | $8,421 (2020) | $50,802 | $8,548 |
Human Development Index | 0.77 High (2020) | 0.94 Very High (2020) | 0.80 High (2020) |
Human Poverty Index | 41.9% (2018) | 14.80% (2018) | 14.40% (2018) |
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