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1. Part 1: Research
a. 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.
2. Part 2: Evaluating Data
A. Go to the CIA World Factbook. B. Search the country list in the upper right corner for the country you were assigned to research in Tool 1 assignment.( Assigned Country for me is Japan)C. Scroll down the page and read the "Economy" section about your country.(Japan)D. Examine the import and export information.E. Write a half-page description of the patterns of trade between your assigned country and its top 3 trading partners.- Examine the partners, the commodies being exported and imported, -And the total dollar amount of imports and exports. Use the latest data available (either 2011 or 2012) 0.
Part 3: Conclusion
Smith identify that if the forward rate is lower than what interest rate parity indicates, the appropriate strategy would be to lend:
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