What Are The Economic Variables Affecting International Markets?


International Markets


International marketing is affected by a no. of economic, variables that include:- Level, rate & direction of economic growth of a country. GDP, std. of living, consumption pattern, purchasing power and disposable income, balance of payment, dependability on import etc.


The differences in the levels of development and income have implication for the business . In developing countries of products/ services is limited by low incomes, therefore their import policies are very restrictive.. A number of developing nations however hold good business prospects for many companies because of following factors:-


  • A steady increase in population


  • Increasing incomes


  • Growing democracies


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