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Business
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| Number of pages / Number of words: |
14 / 3901 |
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Intraregional trade is also growing as countries position themselves at different stages of a regional supply chain which is exemplified by the tremendous influx of multinational firms from the United States, Europe, Japan and Australia (International Monetary Fund, 2006).
The unparalleled size of Asia's markets has always caught the eye of Australian Multinational Corporations...
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Goldman Sachs and Co. estimated that Asia will represent almost two-thirds of the world's GDP by the year 2050, with China alone providing one-third of that total. Simply put, the market potential of Asia is unmatched. (See figure 2.)
(Goldman Sachs and Co., 2002)
Estimate of world's 50 largest economies by 2050
Country Total GDP (Trillions of $USD)
China 44...
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