There are many countries that would make viable options for a new American business venture.
Countries with a greater population, of course, make great options, as the greater the population,
the greater the GDP. After carefully reviewing the GDP by each country and each of its statistics,
I chose to pick the countries of South Africa, the United Kingdom, Chile, Switzerland, and
Montenegro.
South Africa's resources consist of minerals, diamonds, gold, iron, ore, platinum, manganese,
chromium, copper, uranium, silver, beryllium, and titanium; to name a few. South Africa utilizes
strong government to government relations to enable agreements under negotiations. They want
to advance their country by working in and with other nations. Although their country has a great
number of people in poverty, I feel they would make a good nation for American businesses to
venture in. They have an outstanding number of resources that would be beneficial for
Americans. As I am sure Americans have resources that could significantly improve their
country, making it an equally beneficial venture for both countries.
The United Kingdom has an abundance of resources such as coal, petroleum, natural gas,
limestone, chalk, silica, rock salt, clay, iron, silver, and gold, just to name a few. The United
Kingdom also has a large population and an advanced open market with a business-friendly
environment. The U.K. has a high spending market, as well. I feel all of that paired would make
it an exceptional option for a viable American business venture. I feel both of our economies
could benefit greatly by importing and exporting goods in and out of each country. Growing both
of our overall GDPs.
Chile is a top producer of cooper, iodine, sodium, and potassium nitrate. Chile is also the second
top producer of lithium. The country has a growing middle-class population which in return
would cause a demand for increased goods and services. Chilean culture tends to be very family
focused. Chile’s corporate environment is made of strong economic freedom, easy capital for
entrepreneurs, healthy labor supply, along with its growing middle-class economy all make it a
viable option for an American business venture. I feel both economies could equally benefit,
greatly, doing business together.
Switzerland has an abundance of natural resources including gravel, coal, sand, clay, and
chocolate. They are one of the world’s largest producers of watches. Switzerland’s greatest asset,
however, is waterpower. It is harnessed by huge dams that produce hydroelectricity for its
industry. It supplies about 1/6th of the country’s energy needs. It is one of the most successful
business locations in the world. Its taxes are low, and the currency and prices are stable.
Switzerland has developed a distinct business culture as a developed economy with continuous
prosperity. It has transparent policies, disciplined fiscal system, strong economy, and political
neutrality making it a very viable option for American business ventures.
Montenegro’s natural resources consist of water, wood, coal, bauxite, sea salt, oil, and gas, to
name a few. They value art and beauty, and have a highly developed, business focused economy.
The country has low corporate tax rates, enjoys economic freedom and monetary stability,
making it another viable option for American business ventures.