Question

what are the differnces in country risk between the United states and colombia south america?

Answer 1

Country Risk between US and Columbia

U.S is a developed country and the world's largest economy. The economy of the country is far more than that of china. It is considered as world's powerful country. It has population of more than 320 million. The GDP of US this year has been -5.6 because of corona outbreak. On the other hand, we have Columbia, a state in South America. The country has rich amount of raw materials and oil. Columbia exports these raw material and earn from that. It also has large number of companies which support the columbian economy. This year the GDP of columbia is -5.0 and has a population of 49.8 million.

U.S	Columbia
1. Increase in Household debt	High level of Raw material price change
2. Decrease in production	High level of unemployment, poverty and inequality
3. Trade war	Low level of investment
4. Low participation in labour market	Low security measures