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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
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%
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