Global Trading Simulation In-Class Activity
Answer the following questions about the country your group was assigned for the GTS. All questions must be answered and one copy of the assignment submitted to me electronically by the end of class.
Country assigned for GTS: India
1. What are the three top commodities exported from your country AND imported to your country?
2. For each of the three top commodities exported from your country, identify one country (participating in the simulation) that has a great need for that export. Do this for the top three imports as well.
3. Who are your country's three main trading partners? Which of these countries are participating in the simulation?
4. Who is the head of state (president, prime minister, etc.) in your country?
5. What are the political and economic environments like in your country? Identify times of political or economic turmoil.
6. Identify your country's flag. You may do this by inserting a picture or describing it.
7. Provide four economic indicators for your country such as GDP, Debt, Balance of Payments, Balance of Trade, Unemployment Rate, Inflation Rate, etc.
8. What is the name of your country's currency? What was the exchange rate with the US dollar in 2015?
9. What countries and/or bodies of water does your country border?
10. What is a food that is popular in your country?
RESOURCES - Please feel free to use any outside resource that you deem appropriate. However, your primary resource for economic data must be The Europa World Yearbook, which is available on UT's Library E-Search page. This resource provides the import and export commodity data for your country.