· Is the country democratic or autocratic? o Does this make a difference in terms of trade? · Does the country have a planned or unplanned economy? o How does this affect its production of goods and services? · Is this an industrialized nation or developing country? o What is the population of the country? o What is the literacy rate of the country? o Does it have a skilled work force? · What are the foreign country’s main forces of labor (e.g., agriculture, industry, services)? · What natural resources are found in the country? · What is its gross national product? · Does the country have a strong economic relation with the U.S.? · What exports does the foreign country provide to the U.S.? · What imports are distributed by the U.S. to this country? · Is there a balance of trade and/or balance of payments with the U.S.? · Are there trade barriers between the country and the U.S.?