Pick a country and identify its key resources and its major exports and imports. Then, determine whether the country’s trade patterns are in line with those predicted by the any of the trade models we’ve examined this week. Then, comment on the extent to which, by pursuing its comparative advantage, it has impacted the economies of other nations (or been impacted by another nation’s pursuit of its own comparative advantage). Make sure that you explain your reasoning. Try to pick a country different than the ones that have already been posted in your Discussion Group or choose a different angle than ones used in previous posts.
Resources:
Here are some places for you to start researching the imports, exports, natural resources, etc. The list is short – we could go on for days, but this will at least help get you started on picking a country and getting some info. If you have good general sources that might help the rest of the class, post them in the Course Questions discussion forum for folks to see.
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