International Trade Debate (America)

     
    Order Description
    Business brief
    Purpose
    To assess your ability to analyze if international trade can affect a country’s economic growth in America.

    Overview
    For this assignment, you will explore the issue of whether international trade is good or bad for a country’s economic growth.

    Action Items
    Part 1: Research
    Research an issue on how international trade can affect a country’s economic growth.
    The pros and cons of international trade using the theory of comparative advantage as the basis for your discussion.
    Externalities associated with international trade.
    Part 2: Evaluating Data
    Go to the CIA World Factbook.
    Search the country list in the upper right corner for the country you were assigned to research in Tool 1 assignment.
    Scroll down the page and read the “Economy” section about your country.
    Examine the import and export information.
    Write a half-page description of the patterns of trade between your assigned country and its top 3 trading partners. Examine the partners, the commodities being exported and imported, and the total dollar amount of imports and exports. Use the latest data available (either 2013 or 2012)
    Part 3: Conclusion
    Write a 2- to 3-page academic paper (APA style) that includes the following sections. Include several additional resources besides your textbook and the CIA World Factbook.
    Opening:
    The pros and cons of international trade using the theory of comparative advantage as the basis for your discussion.
    Externalities associated with international trade.
    Analysis:
    A half-page description of the patterns of trade between your assigned country and its top 3 trading partners. Examine the partners, the commodities being exported and imported, and the total dollar amount of imports and exports. Use the latest data available (either 2013 or 2012).
    Conclusion:
    Take a stand on the issue of whether international trade is good for a country’s economic growth.Provide a theoretical rationale for the position.

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