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Comparative And Absolute Advantage
MUST READ &FOLLOW INSTRUCTIONS!! QUALITY WORK!
Develop a minimum 500-word analysis of the international economy in which you do the following: SEE ATTACHED
Research each country, using resources such as the CIA World Fact Book, World Bank data, World Trade Organization (WTO), and the Federal Reserve Bank. Research each of your three chosen country’s economic, political, and cultural development:
USA
Canada
China
Discuss reasons why the economic growth of the three countries varies. How does international trade influence the strength of the economy worldwide?
Discuss the following for each country:
At least two products that have provided the country an absolute advantage in trade (if any).
At least two products that have provided the country a comparative advantage in trade.
Factors that might have prevented any of your three chosen countries from achieving absolute and/or comparative advantages.
Best paper writer websites, Custom term paper writing service and Research papers owl essays – Professional help in research projects for students – Cite a minimum of three peer-reviewed sources.
Format the assignment consistent with APA guidelines.
Comparative and Absolute Advantage
Purpose of Assignment
This assignment will help students master research and other analytical skills and will help students recognize reasons why economic growth varies by country. By using macroeconomic indicators, students will complete analysis and determine comparative and absolute advantage in different product categories for each country’s economy.
Develop a minimum 500-word analysis of the international economy in which you do the following:
• Research each country, using resources such as the CIA World Fact Book, World Bank data, World Trade Organization (WTO), and the Federal Reserve Bank. Research each of your three chosen country’s economic, political, and cultural development:
o USA
o Canada
o China
• Discuss reasons why the economic growth of the three countries varies. How does international trade influence the strength of the economy worldwide?
• Discuss the following for each country:
o At least two products that have provided the country an absolute advantage in trade (if any).
o At least two products that have provided the country a comparative advantage in trade.
o Factors that might have prevented any of your three chosen countries from achieving absolute and/or comparative advantages.
Best paper writer websites, Custom term paper writing service and Research papers owl essays – Professional help in research projects for students – Cite a minimum of three peer-reviewed sources.
Format the assignment consistent with APA guidelines.
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