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Comparative Study: Chile, Hungaryand Indonesia.
Member rating: No Rating | Words: | Submitted: Mon Feb 16 2004
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COMPARATIVE STUDY: CHILE, HUNGARY AND INDONESIA Today's world is divided under two major categories, Developed and Developing countries. Chile, Hungary and Indonesia all fall under the same branch of developing countries. While each is rich its own resources and always taking advantage of the opportunities presented to them, they have approached development in different ways. We can classify these developments under 6 major categories: 1. Exports: Local manufactured goods & services sold to the rest of the world. 2. Imports: Goods & Services bought from other nations. 3. Trade Balance: Relationship between the amount of money a nation spends abroad and the income it receives from other nations. 4. Gross Domestic Product: Total value of goods and services produced in a country over a period of time. 5. Growth Rate: The proportional increase in a financial measure in relation to its value in the previous period. 6. Foreign Direct Investment: Multi National Corporations engage in...
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