Read thoroughly Chapter 2 and 3( Global business today by Charles W. L. Hill Dr, G.Tomas M, Hult) respond to the following questions.Do not copy and paste responses from the textbook.The value lies in external research.

Country Comparison

Compareone of sixpairs of countries and to do so along with several dimensions.

Choose one of the following pairs of countries.

1

South Korea and Ghana

2

India and Pakistan

3

Hong Kong and China

4

Chile and Venezuela

5

Germany and South Africa

6

New Zealand and Canada

Compare them in terms of the following factors:

1. Political system

• Totalitarianism, Socialism, or Democracy

2.Legal/Economic system

• Common law, civil law, or theocratic law, etc.
• Market, command, mixed economies, etc.
• Freedom IndexWorld Freedom in the World 2019

3. CultureHofstede Insights

• Power distance
• Masculinity
• Uncertainty avoidance
• Time orientation
• Individualism
• Indulgence vs. restraint
• The overall culture in the respective countries? (Refer to the Determinants of Culture)

1. 4.Attitude towards trade

• Open or closed?Globalization and Innovation or isolated?
• Free trade or protection?