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Assignment Content
Review
the
Wk 5 Resources
.
Prepare
a 12- to 16-slide presentation for the two economies assigned to
your team.
Team A: United States–Mexico–Canada Agreement
(USMCA) vs European Union (world’s two largest economic
entities)
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 two 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.
GDP per capita growth over time
Inflation rate over time
Unemployment rate over time
Exports as a % of GDP over time
National government debt as a % of GDP
Evaluate
the reasons why the economic growth of the two
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 two industries that have provided each economy a
comparative advantage in world trade.
Cite
at least two academically credible sources.
Format
your citations according to APA guidelines.

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Assignment ContentReview the Wk 5 Resources..docx

  • 1. Assignment Content Review the Wk 5 Resources . Prepare a 12- to 16-slide presentation for the two economies assigned to your team. Team A: United States–Mexico–Canada Agreement (USMCA) vs European Union (world’s two largest economic entities) 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.
  • 2. Use tables and/or graphs to support your analysis of the following economic statistics/indicators of your two 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. GDP per capita growth over time Inflation rate over time Unemployment rate over time Exports as a % of GDP over time National government debt as a % of GDP Evaluate the reasons why the economic growth of the two 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.
  • 3. Examine at least two industries that have provided each economy a comparative advantage in world trade. Cite at least two academically credible sources. Format your citations according to APA guidelines.