Internal Code : 1IFHI
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TASK
(a) Drawing conclusions from socio-economic data.
Task: The below table shows socio-economic data of two fictitious countries. From the perspective of a business considering the possibility of undertaking business in these countries, consider what the data could mean and present
three conclusions. Each conclusion should compare both countries using at least two variables. You can relate each conclusion to any type of international business (eg. you can present a conclusion from the perspective of a business choosing a new export market, a business seeking an import source, a business choosing a location for FDI, etc)

(B) Foreign market entry mode –
From the perspective of a small business with limited foreign market experience that is interested in internationalising, discuss why exporting might be more appropriate than foreign direct investment (FDI) as an international market entry mode.