1. Part 1: Research
a. 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.
2. Part 2: Evaluating Data
A. Go to the CIA World Factbook.
B. Search the country list in the upper right corner for the country you were assigned to research in Tool 1 assignment.( Assigned Country for me is Japan)
C. Scroll down the page and read the "Economy" section about your country.(Japan)
D. Examine the import and export information.
E. Write a half-page description of the patterns of trade between your assigned country and its top 3 trading partners.
- Examine the partners, the commodies being exported and imported,
-And the total dollar amount of imports and exports. Use the latest data available (either 2011 or 2012) 0.
Part 3: Conclusion