BUS 280 JMU International Business Differences in Democracy & Communism Essay – Assignment Help

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The presenter offers an alternative view of a authoritarian government. Consider his arguments in favor of a unitary government and a controlled economy. Identify the benefits to China of this political and economic structure, as well as, the risks to China’s global trading partners of their system as described in the video?

As you formulate your answer, consider whether China’s more streamlined decision making gives them a competitive advantage in the global market. To the contrary, do democratic, free market economies have an advantage over China as market competition creates greater market efficiencies than a command economy with one, controlling voice can achieve?

This test is intended to test your thinking on the broader topic of China’s influence in the global market and its influence on the decisions that other countries have to make vis a vis China. The best responses will show an understanding of the material covered in this course and how it relates to understanding the impact that China will have in international business decisions in the months and years to come. In order to do well, I need to be able to read and understand your answer. PLEASE take the time to proofread your answer several times before submitting. This should include reading it out loud at least once.

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