In a paper, explain how their economic, political, and cultural development since 1992 has influenced their economic growth and trade competitiveness.

Research the economies for your chosen pair of countries.
Compare similarities and differences between your chosen countries/economies.
Step 2: Write a paper – Evaluate Economic Growth and Advantages
In a paper, explain how their economic, political, and cultural development since 1992 has influenced their economic growth and trade competitiveness.
Use tables or graphs to support your analysis of the following economic statistics/indicators of your 2 chosen economies through the most recent year available since 2009 (the trough of the last economic cycle):
GDP per capita growth over time
Inflation rate over time
Unemployment rate over time
Exports as a percentage of GDP over time
National government debt as a percentage of GDP
Whenever possible, plot the metric for both economies on the same chart.
Evaluate 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.
Examine at least 2 industries that have provided each economy a comparative advantage in world trade.

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