Internaltional business usa & russia comparative analysis

You must cite all resources used and include an APA-formatted bibliography. Your

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Activity responses should be both grammatically and mechanically correct, and formatted in the

same fashion as the Activity itself. If there is a Part A, your response should identify a Part A,

etc. (100 points) (A Table and a 2-page response are required for a combination of Parts A

and B.)

 

Part A Develop a table comparing the United States and Russia’s important economic

statistical indicators. See the sample tables shown in your text, Globalization and

Business , pp. 86-87. Your statistical data must include the following as a minimum.

1. Geography: Land Area and Physical Features

2. Demographics: Population, Growth Rates, Age Distribution, Life Expectancy,Infant/Mortality, etc.

3. Economic Factors: GDP, GDP per capita, GDP growth rates, Distribution by Manufacturing, Services, Agriculture, Forestry and Fisheries, etc.

 

Part B: Analyze your data table and state three (3) inferences of the statistical comparisons.

Provide two (2) reason for each inference explaining why this information is important to international businesses.

 

 

Russia

USA

Economic

   

GDP

$1.954 trillion

$15.65 trillion

GDP – real growth rate

3.6% (2012 est.)

2.2% (2012 est.)

GDP – per capita (PPP)

$17,700 (2012 est.)

$49,800 (2012 est.)

Labor force:

75.24 million (2012 est.)

154.9 million

Unemployment rate

6.2% (2012 est.)

8.2% (2012 est.)

Budget:

$414 billion

$3.649 trillion

Budget surplus (+) or deficit (-)

-0.1% of GDP (2012 est.)

-7.6% of GDP (2012 est.)

Public debt:

11% of GDP (2012 est.)

73.6% of GDP (2012 est.)

Inflation rate (consumer prices)

5.3% (2012 est.)

2% (2012 est.)

prime lending rate

9.3% (2012 est.)

3.2% (2012 est.)

GDP – composition by sector:

Agriculture: 4.4%

Agriculture: 1.2%

 

Industry: 37.6%

Industry: 19.1%

 

Services: 58% (2012 est.)

Services: 79.7% (2012 est.)

Agriculture – products:

grain, sugar beets, sunflower seed, vegetables, fruits; beef, milk

wheat, corn, other grains, fruits, vegetables, cotton; beef, pork, poultry, dairy products; fish; forest products

Industries:

mining and extractive industries producing coal, oil, gas, chemicals, and metals, machine building, defense industries, medical and scientific instruments; consumer durables, textiles, foodstuffs, handicrafts.

highly diversified, world leading, high-technology innovator, second largest industrial output in world; petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals, electronics, food processing, consumer goods, lumber, mining

 

 

     

Geographic

   

Area

17,098,242 sq km

9,826,675 sq km

Land boundaries

20,241.5 km

12,034 km

Coastline

37,653 km

19,924 km

Natural resources

major deposits of oil, natural gas, coal, and many strategic minerals, reserves of rare earth elements, timber

coal, copper, lead, molybdenum, phosphates, rare earth elements, uranium, bauxite, gold, iron, mercury, nickel, potash, silver, tungsten, zinc, petroleum, natural gas, timber

 

 

     

Demographic

   

Population

142,500,482 (July 2013 est.)

316,668,567 (July 2013 est.)

Population growth rate

-0.01% (2012 est.)

0.9% (2012 est.)

Urbanization

73% of total population (2010)

82% of total population (2010)

Life expectancy at birth

66.46 years

78.49 years

Health expenditures

5.1% of GDP (2010)

17.9% of GDP (2010)

Education expenditures

4.1% of GDP (2008)

5.4% of GDP (2009)

Literacy

total population: 99.6%

total population: 99%

 

 

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