Global Entrepreneurship

Unit 5 IP Global Entrepreneurship MGT260-0703B-02 Ramonda Byrd Entrepreneurship David Lawson After researching the east Asian and Pacific region I chose Australia, China, and Mongolia as trine countries I would be interested in firsting a disjointed line of business. After the research I feel that Australia is the most contributing(prenominal) to me as a small business owner severe to break into the foreign market. Starting a carpet piddle away clean company would be very beneficial starting line flux out fresh because of the large-mouthed amount of people and business in Australia. I chose Australia because of its close relationship to my hometown country the Unites States of America. economically and politically Australia seems to be ripe enough for investments (USA.Gov, 2007). The joined States and Australia father fought aspect by side since their affairs internationally since WWI. A globe security treaty alliance was established in 1951 sign by Aust ralia, New Zealand and the get together States. Australia is as well as very rich in exports such(prenominal) as: iron ore, non monetary gold, bumpy petroleum, bovine burden and coal which is worth $114 one thousand thousand (USA.Gov, 2007). The fall in States holds $7.3 billion as one of the major markets for Australia.

Imports equaling $cxxv billion are abundant in telecommunications equipment, computers, motor vehicles and vulgar petroleum. The join States holds as the top major supplier with $17.1 billion. completely of the resources Australia has and the large population of 21 million will shape it easier to start a business in their country! . A submit passel Agreement was established on January 1, 2005 between Australia and The United States (USA.Gov, 2007). The Australia United States Free Trade Agreement is the first trade dodge with a developed economy since the United States and Canada in 1988 (USA.Gov, 2007). Australia also has a $714.1 billion GDP year to date of be given on 2007 (USA.Gov, 2007). Australia is 7.7 million sq km which is about the size of 48 of the states in the...If you want to get a full essay, mark it on our website: OrderCustomPaper.com

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