This week, you need to refer again to the economic data of the country you chose and relate it to week 3's material. Specifically, you need to respond to the following questions:1. What is the country's unemployment rate? How does it compare to the United States' unemployment rate? Are they better off or worse off than us?2. What is the country's currency? What is the exchange rate with the dollar? Does it have a floating or fixed exchange rate, or does it use the dollar as its currency?3. Who are its’ main trading partners? Is foreign investment important for them? Does the country have a trade deficit or surplus? What percent of the GDP are exports? (you can just divide the value of exports by the GDP).4. Using the information about unemployment, inflation (Week 2 report), and trade, what is your general assessment of the country? Are they experiencing stability and growth or an economic crisis? Please use your own words.Each week your post must be in a report format, not in a Q&A format. So remember to use paragraphs and a report structure to your post.---------------------------1) Your research paper this week should be between 250 and 350 words. Shorter submissions will be penalized. Longer posts are acceptable only if the extra words add substance to your report. At the bottom of your post, you should include a word count (how many words are in your post).2) Structure your paper as a report. Do use multiple paragraphs. Do NOT attach your report, instead type it into the text box on the research assignment board.3) You must cite all the information used in your report and include the sources in your reference listing. Use APA format for citations and references - see the APA Powerpoints linked below.4) Remember: you should not "copy and paste" information. Plagiarism is penalized with a zero in the assignment the first time, and a zero in the course the second time. Use your own words and quote only facts or numbers.5) Remember to include citations to your sources in the body of your post and to provide the references at the end of your post. Where possible, please make the links to any web information clickable links. Remember the references and links must be to the article you used, not just to the web site. Be sure to include the full URL, otherwise your link will not be clickable.6) If you choose a country already selected by a classmate, it is perfectly fine, but you cannot plagiarize your classmate's work. That would get you an automatic zero in the assignment.---------------------------WikipediaCIA World FactbookWorld Bank

Assignment ContentPromoting international trade is not a zero-sum game. It is a win-win proposition; both parties gain from trade.Consider the following:Tariffs are paid by the citizens of the country imposing tariffs, not by the citizens of the country producing the products upon which the tariffs are levied.The term “trade deficits” is a misnomer. Every country’s trade is always in balance.Trade deficits do not mean the US no longer produces anything to export. The US is the world’s second largest manufacturer and the world’s second largest exporter of manufactured goods.Trade deficits reflect a strong economy. Trade deficits rise during economic expansions and fall during economic contractions. Unemployment falls as trade deficits rise and rises as trade deficits fall.Imports and exports are complements, not competitors. Both are necessary and both contribute to economic growth.Roughly one-third of all US imports and exports is trade between US multinational companies and their overseas subsidiaries.Foreign-owned companies operating in the US number in the thousands and provide directly or indirectly jobs for more than 13 million US workers (roughly, 10% of the US workforce).US trade deficit in goods in 2018 (as a % of GDP) was the same as it was 5, 10 and 15 years earlier.The rise in US goods trade deficit with China has not increased the US total goods trade deficit. It has been offset by reduced goods imports from other trading partners.There is a strong correlation between the rise in world trade and:The rise in world GDPThe dramatic fall in the world’s extreme poverty rateThe rise in world life expectancyFor every US manufacturing job lost to trade between 2000 and 2010, seven US jobs were lost to domestic productivity improvements. Those seven jobs cannot be brought back from overseas because they never left the US.Write a 700- to 1,050-word evaluation of credible economists’ unbiased opinions on the benefits, costs, and results of current US trade and tariff policies. Complete the following in your evaluation:Evaluate how US trade policy changes in the last 2 years affect global trade activities by multinational corporations.Discuss credible economists’ opinions on the long-term effects of trade and tariff policies changes in the last 2 years.Explain the effect of recent changes to trade and tariff policies have had on your employer, you, or someone you know.Cite at least 2 academically credible sources.