International Trade Debate (America)

  Order Description Business brief Purpose To assess your ability to analyze if international trade can affect a country's economic growth in America. Overview For this assignment, you will explore the issue of whether international trade is good or bad for a country's economic growth. Action Items Part 1: Research Research an issue on how international trade can affect a country's economic growth. The pros and cons of international trade using the theory of comparative advantage as the basis for your discussion. Externalities associated with international trade. Part 2: Evaluating Data Go to the CIA World Factbook. Search the country list in the upper right corner for the country you were assigned to research in Tool 1 assignment. Scroll down the page and read the "Economy" section about your country. Examine the import and export information. Write a half-page description of the patterns of trade between your assigned country and its top 3 trading partners. Examine the partners, the commodities being exported and imported, and the total dollar amount of imports and exports. Use the latest data available (either 2013 or 2012) Part 3: Conclusion Write a 2- to 3-page academic paper (APA style) that includes the following sections. Include several additional resources besides your textbook and the CIA World Factbook. Opening: The pros and cons of international trade using the theory of comparative advantage as the basis for your discussion. Externalities associated with international trade. Analysis: A half-page description of the patterns of trade between your assigned country and its top 3 trading partners. Examine the partners, the commodities being exported and imported, and the total dollar amount of imports and exports. Use the latest data available (either 2013 or 2012). Conclusion: Take a stand on the issue of whether international trade is good for a country's economic growth.Provide a theoretical rationale for the position.