[SOLUTION] Economic Indicators

Identify the economic indicators you consider would be of most relevance to company in comparing two BRIC markets (Related to the first evaluation criteria – see table below)Question 2aSupporting your answer with data, compare the ease of doing business and the openness to foreign trade of the two countries.Question 2bEvaluate how vulnerable each country is to external change – you should identify possible threats of external change such as changes in the value of the dollar; in the market price of oil, possible protectionist measures, increasing rivalry between the USA and China etc, and evaluate the impact that they could have on the economy of the two countries. (Related to the third evaluation criteria – see table below)Question 3On the basis of your analysis, recommend which country dibimilano should continue their expansion into.It assesses the following learning outcomes:· Critically examine economic principles used in managerial situations. Topics: global interdependence and the benefits of trade and the impact of exchange rates.· Evaluate, analyze and contrast economic decisions and their impact of the global business context.