Internaltional Business USA & Russia comparative analysis
FinanceAceInternaltional Business USA & Russia comparative analysis
You must cite all resources used and include an APA-formatted bibliography. Your
Activity responses should be both grammatically and mechanically correct, and formatted in the
same fashion as the Activity itself. If there is a Part A, your response should identify a Part A,
etc. (100 points) (A Table and a 2-page response are required for a combination of Parts A
and B.)
Part A Develop a table comparing the United States and Russia’s important economic
statistical indicators. See the sample tables shown in your text, Globalization and
Business , pp. 86-87. Your statistical data must include the following as a minimum.
1. Geography: Land Area and Physical Features
2. Demographics: Population, Growth Rates, Age Distribution, Life Expectancy,Infant/Mortality, etc.
3. Economic Factors: GDP, GDP per capita, GDP growth rates, Distribution by Manufacturing, Services, Agriculture, Forestry and Fisheries, etc.
Part B: Analyze your data table and state three (3) inferences of the statistical comparisons.
Provide two (2) reason for each inference explaining why this information is important to international businesses.
Russia | USA | |
Economic | ||
GDP | $1.954 trillion | $15.65 trillion |
GDP - real growth rate | 3.6% (2012 est.) | 2.2% (2012 est.) |
GDP - per capita (PPP) | $17,700 (2012 est.) | $49,800 (2012 est.) |
Labor force: | 75.24 million (2012 est.) | 154.9 million |
Unemployment rate | 6.2% (2012 est.) | 8.2% (2012 est.) |
Budget: | $414 billion | $3.649 trillion |
Budget surplus (+) or deficit (-) | -0.1% of GDP (2012 est.) | -7.6% of GDP (2012 est.) |
11% of GDP (2012 est.) | 73.6% of GDP (2012 est.) | |
Inflation rate (consumer prices) | 5.3% (2012 est.) | 2% (2012 est.) |
prime lending rate | 9.3% (2012 est.) | 3.2% (2012 est.) |
GDP - composition by sector: | Agriculture: 4.4% | Agriculture: 1.2% |
Industry: 37.6% | Industry: 19.1% | |
Services: 58% (2012 est.) | Services: 79.7% (2012 est.) | |
Agriculture - products: | grain, sugar beets, sunflower seed, vegetables, fruits; beef, milk | wheat, corn, other grains, fruits, vegetables, cotton; beef, pork, poultry, dairy products; fish; forest products |
Industries: | mining and extractive industries producing coal, oil, gas, chemicals, and metals, machine building, defense industries, medical and scientific instruments; consumer durables, textiles, foodstuffs, handicrafts. | highly diversified, world leading, high-technology innovator, second largest industrial output in world; petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals, electronics, food processing, consumer goods, lumber, mining |
Geographic | ||
Area | 17,098,242 sq km | 9,826,675 sq km |
Land boundaries | 20,241.5 km | 12,034 km |
Coastline | 37,653 km | 19,924 km |
Natural resources | major deposits of oil, natural gas, coal, and many strategic minerals, reserves of rare earth elements, timber | coal, copper, lead, molybdenum, phosphates, rare earth elements, uranium, bauxite, gold, iron, mercury, nickel, potash, silver, tungsten, zinc, petroleum, natural gas, timber |
Demographic | ||
Population | 142,500,482 (July 2013 est.) | 316,668,567 (July 2013 est.) |
Population growth rate | -0.01% (2012 est.) | 0.9% (2012 est.) |
Urbanization | 73% of total population (2010) | 82% of total population (2010) |
Life expectancy at birth | 66.46 years | 78.49 years |
Health expenditures | 5.1% of GDP (2010) | 17.9% of GDP (2010) |
Education expenditures | 4.1% of GDP (2008) | 5.4% of GDP (2009) |
Literacy | total population: 99.6% | total population: 99% |
13 years ago
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