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Recommended Activities for sources of historical economic data, and
also sources for economic forecasts.
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ECO 561 Week 5 Team Assignment Comparative And
Absolute Advantage
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ECO 561 WEEK 5 TEAM ASSIGNMENT COMPARATIVE AND
ABSOLUTE ADVANTAGE
Develop a 1,750-word analysis of the international economy in which
you do the following:
Analyze measures of economic growth, and comparative and absolute
advantage in international trade for the following countries:
USA
China
Saudi Arabia
Democratic Republic of Congo
Research each country, 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):