week 5 Comparative and Absolute Advantage

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ZVMUNYY

Economics

Description

USA, Japan and China

3. Use tables and/or graphs to compare the following economic statistics/indicators of your three chosen countries for the most recent year available and for 2009 (the trough of the last economic cycle):

  • Country Real GDP
  • Country CPI
  • Country Real Exports
  • Country Real Imports
  • Country Unemployment Rate
      • Country Industrial Production

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Explanation & Answer

Attached.

Running head: Economics

1

Comparative &Absolute advantage
First name: Last name
Institution affiliation

Running head: Economics

2

Economic indicator table for China, Japan &USA in 2009

Country

Real

CPI

GDP%

Real

Real

Unemployment Industrial

Exports

imports

rate

Production

China

9.4

-0.728

24.457

1.03

4.288

45.884

Japan

-5.416

-1.353

12.521

645.807

5.08

27.272

USA

-2.776

-0.356

11.012

1.967

9.25

19.629

Economic Indicator table for China, Japan &USA in 2016 & 2017
Country

Real

CPI

GDP

Real

Real

Unemployment Industrial

exports

imports

rate

Production

China

6.9

1.593

19.757

2.212

4.675

40.456

Japan

1.713

0.467

16.119

837.572

2.83

29.3

USA

...


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