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Monaco Capitalism- mixed economy, France, Germany, England, USA. Brendan Sharp Varence Penn- Kast. Resources. Not a lot of natural resources No Agriculture Lots of Casinos, one giant casino High standard of living, tax haven for rich people- no income tax Racing Tourism Manufacturing.
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Monaco Capitalism- mixed economy, France, Germany, England, USA Brendan Sharp VarencePenn-Kast
Resources • Not a lot of natural resources • No Agriculture • Lots of Casinos, one giant casino • High standard of living, tax haven for rich people- no income tax • Racing • Tourism • Manufacturing
Economic cycle • Prosperity. • Success can be measure by tourism and unemployment which are both good. • Since Monaco is part of the European Union it can be effected by what happens in the rest of Europe.
Economic Measurement • $976.3 million GDP • $30,000 Per Capita GDP • Labor Force 44,000 • Unemployment 0% • $716.3 million Exports • $916.1 million Imports
International Trade • Not a lot of imports or exports, integrated with France. • Part of European union, uses Euro
Marketing Strategy • We are a company that sells high performance cars. • We would do well because of the racing industry in Monaco • Also there are a lot of wealthy people who can afford our expensive automobiles. • Commercials, posters, racing endorsements.
Monaco • Yes this is a target. We will invest in Monaco and try to sell our product.
Works • https://www.cia.gov/library/publications/the-world.../geos/mn.htmlCached - Similar