Scenario Three

Bilbo Company wants to expand operations into one foreign country. As the company manager, you have been directed to explore both the economic conditionsandeconomic freedomof four foreign countries, and then make a recommendation based on the data you obtain on the countries from theIndex of Economic Freedom athttps://www.heritage.org/index/

The countries under consideration are the following:

1. Chile
2. Poland
3. Qatar
4. Philippines

For each country above, make a small chart that reports the following statistics provided in the index:A. GDP, B. GDP Per Capita, C. Unemployment, D. Inflation, and E. Population.

Then for each country above, make a small chart that reports the following economic freedom scores:A. Property Rights, B. Government Integrity, C. Business Freedom, D. Tax Burden, and E. Trade Freedom.

After you collect and report all of the required statistics and economic freedom scores for each country, recommend one country among the four that you believe would be the best one for Bilbo Company to expand into, and explain why. Be sure to base your recommendation on all of the data you collect for each country in order to make a more complete comparison, and don't base your recommendation on only one or a few of the statistics and/or scores.