ECO 535 Week 5 Assignment | University of Phoenix
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- 28 Oct 2021
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- Accounting & Economics Assignment Help / Managerial Economics
ECO 535 Week 5 Assignment | University of Phoenix
Assignment Content
1. Prepare a 5 to 7-slide presentation for the 2 economies that your
team chooses.
o NAFTA vs European
Union (world’s 2 largest economic entities)
o China vs India
(world’s 2 most populous countries)
o South Korea vs
North Korea (2 polar economic opposites, one people)
o Venezuela vs Saudi
Arabia (world’s 2 largest sources of oil reserves)
o Nigeria vs
Democratic Republic of the Congo (Civility vs. Chaos) (Note: the Republic of the Congo is not the same country as the Democratic
Republic of the Congo)
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
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.
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.
Examine at least 2 industries that have provided each economy a
comparative advantage in world trade.
Cite at least 2 academically credible sources.
Format your citations according to APA guidelines.
Submit your assignment.
Resources
o Center for Writing Excellence
o Reference and Citation Generator
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