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When Deciding Where to Operate Internationally, It Often Makes Sense

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Essay

When deciding where to operate internationally, it often makes sense to operate in fewer countries, with a deeper commitment and penetration in each. Mention some of the criteria that a country should possess in order to be a viable and attractive investment destination.


Definitions:

Living Wage

A wage level that is high enough to maintain a normal standard of living.

Employment

The condition of having paid work or the number of people employed in an economy or specific sector.

Wage

The fixed regular payment, typically calculated on an hourly, daily, or piecework basis, made by an employer to an employee for their labor or services.

Deadweight Loss

A cost to society created by market inefficiency, which occurs when supply and demand are out of equilibrium.

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