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Each country has its own unique set of advantages and disadvantages from a business standpoint. It is important to understand these market conditions when evaluating expansion and growth opportunities as well as maintaining a general knowledge of conditions in which you may be currently operating. One tool that can be used for this purpose is the World Economic Competitiveness scale.
Compare and contrast Canada and Mexico with the USA economy. Analyze all 12 pillars for each economy. Select one major challenge for each of the countries that they should address to improve their competitiveness.
Attachment:- 12 Pillars-World Economic Competitiveness scale.rar
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