This is part of a group assignment. I was given the country Malaysia and for my portion I must:

  • Analyze measures of economic growth and of comparative and absolute advantage in international trade.
  • Use tables and/or graphs to compare the following economic statistics/indicators of your three chosen countries for the most recent year available and for 2009 (the trough of the last economic cycle):
    • Country Real GDP
    • Country CPI
    • Country Real Exports
    • Country Real Imports
    • Country Unemployment Rate
    • Country Industrial Production
  • 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.

 Cite a minimum of three peer-reviewed sources. 

Format the assignment consistent with APA guidelines. 

  • 12/11/2017
  • 20
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