Country: Eritrea From Study Guide (See attached PDF “Study guide”) Objective --> Conduct an audit of the international business opportunity available to Eritrea Collect information about the country &...

Country: Eritrea From Study Guide (See attached PDF “Study guide”) Objective --> Conduct an audit of the international business opportunity available to Eritrea Collect information about the country & interpret it using some concept in the module (see info below) - Interpret Eritrea's political & economic structures & discuss it's cultural attitudes - Depict the nature of Eritrea's international trade - now & historically (say 25 years ago) - characterize Eritrea government's attitude to international trade, both outward and inward - identify the potential for formal economic co-operation with other nations through relevant trade groupings - interpret your view of the Eritrea's international trade using some of the explanatory theories in Hill - describe the nature advantage, consider 2 other theories of trade & summarize the current position using the extended form of Porter's Diamond of National Competitiveness (which includes Chance events, government & foreign multinational business activities) - make justify recommendations for possible improvements to the nation's current international trade strategy (From Lectures) - Look at the political economy of Eritrea 1 - political => stability 2 - economic = > consistency 3- legal => transparency - Eritrea's growth as a country (look at it from Entrepreneurial and innovation perspective - Economic environment (GNI / GDP/ CPI) - use Human Development Index to elaborate - what is the culture of Eritrea and how does it affect it as a country - trade theories and apply it to Eritrea (should use comparative and competitive advantage) - diamond theory (michael porter) MUST USE this theory in this assignment - the national competitive advantage - look at Eritrea trade status, any government intervention? Whether yes or no, please provide facts - look at the Foreign Direct Index for Eritrea, how much now vs 25 years ago? And how much in the future. Apply Diamond theory by Michael porter Country annual account details (year to year) Access cultural of country (Find information fom World health organ, IMF & World bank) Does government allow ownership of land? Low | High Risk = 1st to access (Overall attractiveness) Low | High Cost = 2nd to access High | low Benefits = 3rd to access