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Recent Developments in US

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Added on  2020-02-03

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ISSUES IN GLOBAL BUSINESS AND STRATEGIC CONCEPTS INTRODUCTION 3 Recent developments in US 4 Three key priorities for US 6 Recommendations and Conclusion 8 REFERENCES 9 INTRODUCTION United State of America is constitutional Federal republic that is composed of 50 states. US also ranks highin various measures of socio- economic performance criteria that includes wage rates, Per capita GDP and human development index (Gwynne and Cristobal, 2014). NAFTA has helped the US and it has helped the nation to grab

Recent Developments in US

   Added on 2020-02-03

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ISSUES IN GLOBAL BUSINESS ANDSTRATEGIC CONCEPTS
Recent Developments in US_1
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................3Recent developments in US.............................................................................................................4Three key priorities for US..............................................................................................................6Recommendations and Conclusion..................................................................................................8REFERENCES ...............................................................................................................................92
Recent Developments in US_2
INTRODUCTIONUnited State of America is constitutional Federal republic that is composed of 50 states.It is a highly developed country and world's largest economy by GDP ratio. US also ranks highin various measures of socio-economic performance criteria that includes wage rates, Per capitaGDP and human development index (Gwynne and Cristobal, 2014). Along with this US hasemerged as world's largest economic and military power and at international level it is a leader intechnological innovations. Present assignment has been completed on US and the NAFTAagreement between three nations including Canada, Mexico and US. There exist wide differencebetween political, cultural, foreign investment, recent developments and globalization. Canada is a leading business destination and many organizations are opening their officesthere. Economy of Canada is ninth largest economy and huge employment opportunities areavailable for people. Country has successfully navigated the economic and world finance crisisthat occurred in the year 2008. Federal structure and merit based public services with publiceducation system is effective in the nation (Hay and Marsh, 2016). Along with this Canada'sdevelopment assistance budget is at eights the largest position. It is globally integrated countriesin the world and government of nation is active in international organizations. Trade related opportunities are higher and it aids for gaining foreign direct investment forthe country. International trade and investment has been increased in the nation and it has helpedfor ensuring long term growth and economic development of the country. General agreement onTariff and Trade renders lower tariffs for enhancing cross boarder trade activities. Generaleconomic independence of Canada supports for facing the financial challenges effectively.Economy of Canada has transformed from Colonial to a continental. Globalization and removalof national sovereignty has aided for transferring the political power of nation from states todifferent corporations (Pringle, 2017). Open market of Canada supports free market economyand there is less intervention of government in regulating the market conditions. Corporates aregiven freedom for capital and trade flows and it supports for carrying out the trade relatedactivities successfully. The report also discusses about the recent developments in US and alsoabout key priority areas for the nation. 3
Recent Developments in US_3

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