Question

odfrey would like to start a business that will eventually have a potential to grow. He would like the trade partner to be an Asian country but would like it to be a democracy with great economic growth potential, and a large population of potential consumers. Which nation would most likely be his trading partner?

Answer 1

Answer:

India

Explanation:

India's population is 1.37 billion people, making it the largest democratic country in the world. Well, it is the second largest country measured in population, the first is China, but China is not a democracy. India's economy has been steadily growing for several years now, it is the "i" in Brics, which represents a group of developing nations with high growth potential.

Answer 2

Answer:

First, let us correct a mistake, the name is Godfrey and not Odfrey.

The nation that Godfrey would most likely make his trading partner is India.

Explanation:

There are three qualities listed in the question above that India possesses, they are:

1. Democratic Asian Country

2. Economic Growth Potential

3. Large Population of Potential Customers.

1. India is a Federal Republic that is governed in a Democratic Parliamentary system.

2. The economy of India is the fifth largest in the world, with a GDP of $2.94 trillion. Also, India's markets have slowly been opened up through Economic Liberalization. Economic reforms have also helped in making the economy one of the top ten fastest growing economies in the world.

3. The population of India is 1.37 billion, second only to China. With this population, there is a huge potential when it comes to customers for Godfrey's business.