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      • Analyze measures of economic growth, and comparative and absolute advantage in international trade for China

      • Research China, using such resources as the CIA World Fact Book, World Bank data, and World Trade Organization. Research its economic, political, and cultural development.

      • Compare the following using tables or graphs, for most recent year available and for 2009 (the trough of the last economic cycle):

        • Country GDP per Capita

        • Country GDP as a % of World GDP

        • Country exports per capita

        • Country exports as a % of GDP

        • Country exports as a % of World exports.

        • Country imports per capita

        • Country imports as a % of GDP

        • Country imports as a % of World imports (world imports = world exports)

      • Discuss reasons why the economic growth of China varies so markedly. How does trade influence the strength of the economy worldwide?

      • Determine the stage in the lifecycle for each country's economy.

      • 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 have prevented a country from achieving either

           

           

           

           

           

           

 

    • 5 years ago
    • 5
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