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United states vs jamaica

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United States V.S Jamaica

Compare and contrast important political and economic factors for your selected market against those in the domestic market, including political systems, current leaders, and economic measures or characteristics used in classification.

Compare and contrast important market considerations for your selected market against those in the domestic market. Explain the similarities, differences, and considerations for conducting business between the two markets, such as general legal and regulatory requirements, monetary and management logistics, and mode-of-entry considerations.

Category

United States

Jamaica

Political System

Presidential system 

Parliamentary system

Current Leaders

President Joe Biden

Honorable Andrew Holness

Economic Classification

Mixed Economic System

Mixed Economic System 

Economic Blocs Impacting Trade

World Trade Organization

Preferential Tariff Arrangements

Gross Domestic Product

20.94 trillion USD (2020)

13.81 billion USD (2020)

Purchasing Power Parity

60500.00 USD

72 LCU per international dollars

Gross Domestic Product Per Capita

63,543.58 USD (2020)

4,664.53 USD (2020)

Human Development Index

0.92

0.734

Gender Development Index

0.926

0.994

Gender Empowerment Measure

0.757

 

Human Poverty Index

10.5%

14.5%

Reference no: EM133105049

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