Problem
Group 6: Brazil vs South Africa (2 top emerging economies)
To complete the below: Focus only on political impact on trade competitiveness of Brazil vs South Africa. 3 to 4 slides is needed and must include tables and/ or graph.
Research each economy assigned to your Team. Compare similarities and differences between your assigned countries/economies and how their economic, political, and cultural development since 1992 has influenced their economic growth and trade competitiveness.
Use tables and/or graphs to support your analysis of the following economic statistics/indicators of your 2 assigned economies through the most recent year available since 2009 (the trough of the last economic cycle). Whenever possible, plot the metric for both economies on the same chart.
o GDP per capita growth over time
o Inflation rate over time
o Unemployment rate over time
o Exports as a % of GDP over time
o National government debt as a % of GDP
1. Evaluate the reasons why the economic growth of the 2 economies/countries varied. Discuss how international trade influenced the strength of each economy. Discuss the role of value chains and value-added production.
2. Analyze how the failure to use value-added trade measures distorts trade statistics. For example, Boeing and Airbus airliners, Apple iPad and iPhone production, and North American integrated auto and light truck manufacturing.
3. Examine at least 2 industries that have provided each economy a comparative advantage in world trade.
The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.