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What are the positive aspects of having a business in a communist country or a capitalist country?
For communism, a country can allowed a business to be set up in the country if the government allows it. I need this information for a social studies project. We have to pretend to have a business and we are writing a letter to our (pretend) company and why we should make a new business center place in a capitalist or communism country.
1 Answer
- DividedLv 41 decade agoFavorite Answer
firstly it is unlikely that a communist country would alow you but... if u set up in a communist country you will not make any profits... pointless (assuming you want money and not a npo) although they may be more likely to accept u than a capatlalist as they need the buisnees to contribute to thei own GDP. will be less likely to let u trade internationally so can not 'globalize'. capitalist country you will have full control o ver the company with full 'Money rights' but there are trade barriers, tarrifs which makes stuff complicated. so yeah.
thenb again commy cuntriies trade freely alot these dayz. lookii at china.
Source(s): econ IB
