In: Operations Management
Between China, India, and United Kingdom which country would be the most considered to expand a bussiness in that exports goods to the U.S?
answer-
As we know exporting is the method to expand a business in foreign country. In export, A country sell goods to another country. In this case, India would be the most considered to expand a business in export goods to the US due to the following reasons-
Stable political relationships-
Indian has Great political relationship where President Trump and Prime Minister of India Modi has been on good terms for many years. Both support each other in times of crisis. Trump has visited india many times also Modi was welcomed in US.
In case of China and UK, US and China earlier was on trade war due to trump's high tariffs and Now COVID-19 cause the situation more worse where Trump called this chinese virus and clear sign that US is against China. Also UK 's situation related to Brexit cause political disruption in trade.
Tariffs-
India is the country which can do export with low tariffs or taxes with US while China face high tariffs and UK is no longer member of EU and have to pay high tariffs on any kind of trade.