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MindMap #1 Lexie Bulliner - Coggle Diagram
MindMap #1 Lexie Bulliner
Domestic Businss
Has less capital
Only has to work with laws and taxes within the country
Only use that countries currency
less capital investment
Limited to where they can do business
References
https://keydifferences.com/difference-between-domestic-and-international-business.html
https://www.cia.gov/the-world-factbook/countries/poland/
https://www.cia.gov/the-world-factbook/countries/united-states/
https://data.worldbank.org/indicator/NY.GNP.PCAP.PP.KD?end=2019&locations=US&start=2017
https://data.worldbank.org/indicator/NY.GNP.PCAP.PP.KD?end=2019&locations=PL&start=2019
International Business
Has to work with other countries laws and taxes
more capital investment
Not limited to where they can do business, more open to other countries
Deals with multiple currencies
Has more capital
Poland
GDP: $595.72 Billion
Public Debt: 50.6% of GDP (2017 est.)
Exports: $394.848 Billion (2019 est.)
Revenue: $207.5 Billion (2017 est.)
Gross National Income: $31,917.96
USA
Exports: $2.377 Trillion (201 est.)
Gross National Income: $62,512.92
GDP: 2.16% (2019 est.)
Revenue: $3.315 Trillion (2017 est.)
Public Debt: 78.8 % of GDP (2017 est.)