The automobile industry in both Brazil and Mexico is thriving. If you were a government official from an African country (such as Morocco, Nigeria, or South Africa) who has visited both countries and has been very impressed, which approach would you recommend to your own government interested in attracting FDI from global automakers: the Brazilian approach or the Mexican approach? Why

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Business

Mylee Alexander

6 August, 09:57

The automobile industry in both Brazil and Mexico is thriving. If you were a government official from an African country (such as Morocco, Nigeria, or South Africa) who has visited both countries and has been very impressed, which approach would you recommend to your own government interested in attracting FDI from global automakers: the Brazilian approach or the Mexican approach? Why

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Dominique Bean · Answer 1

The Brazilian approach

Explanation:

Since the countries approach successful and have grown very well. I have to but into consideration the African conditions to make business go internationally. As a official in the government of africa, i will use the approach Brazil, Mexico has a great location to make business. Especially being a neighbor of U. S. is providing agreat opportunity. In an African country, location will be of no benefit to you. This will affect negatively to make business with other countries such as Asia and European Union. All this will make it hard for an African country to be in a market that is competitive. When your competitors get low materials and provide low shipping costs, you need to handle to reduce your production cost to be in the market for the same amount of money.