WTO TRADE PROFILES 2020 COMPARISON INFORMATION

You may select your country for this project.The source document for the information is trade_profiles21_e.pdf this file published by the World Trade Organization.You will use this document to complete the project.

DO NOT USE AI TO COMPLETE THIS ASSIGNMENTNO PLAGIARISM

[THE NAME OF YOUR COUNTRY] – WTO TRADE PROFILES 2020 COMPARISON

INFORMATION

Note – if information was not reported for a certain question for your country do not leave it blank, just state that it was not reported.

Answers to the following questions.

1. Why is GDP per capita an important measurement

?

2. Why is trade per capita an important measurement?

3. Is it better to have a high or low Trade to GDP ratio? Why?

4. Was the country you were assigned higher in merchandise or services? Why do you think that is?

5. Did the country you were assigned export or import more services? What does this tell you?

6. Who was the recipient of the highest percentage of your country’s merchandise? This is the country with the highest number in

destination for merchandise.

7. Which country did they import the most merchandise from? Why do you think that is?

8. Who was the recipient of the highest percentage of your country’s services? This is the country with the highest number in destination

for services.

9. Did your country import more than 10% of its agriculture? What does this tell you about the country?

For the country you were assigned:

10. Is it better to have more imports or more exports?

11. Top 3 exported products – agriculture

???

12. Top 3 imported products – agriculture

???

13. Top 3 exported products – non-agriculture

???

14. Top 3 imported products – non-agriculture

???

15. Look at the blue section on merchandise and look at the values for the past years and determine if merchandise exports are trending up

or down.

16. Look at the blue section on merchandise and look at the values for the past years and determine if merchandise imports are trending up

or down.

17. Look at the blue section on agriculture and look at the values for the past years and determine if agriculture exports are trending up or

down.

18. Look at the blue section on agriculture and look at the values for the past years and determine if agriculture imports are trending up or

down.

19. Look at the blue section on non-agriculture and look at the values for the past years and determine if non-agriculture exports are

trending up or down.

20. Look at the blue section on non-agriculture and look at the values for the past years and determine if non-agriculture imports are

trending up or down.

21. Look at the gray section on services and look at the values for the past years and determine if services exports are trending up or down.

22. Look at the gray section on services and look at the values for the past years and determine if services exports are trending up or down.

23. Comparing your country to the United States, assess their standard of living economically, based on the GDP per capita and the trade

per capita numbers.

24. Overall, what do you think is the health of your country’s trade? (6 points)

25. If you were a Trade Minister in your country, what would you recommend to improve the economy as it relates to trade? Hint – might

need to try to produce more to improve exports to gain revenue or perhaps shift to more agriculture if possible – think strategy.

6242-IBUS-1302-Principles of Imports-RT-15779
You may select your country for this project. The source document for the information is
trade_profiles21_e.pdf this file published by the World Trade Organization. You will use this
document to complete the project.
DO NOT USE AI TO COMPLETE THIS ASSIGNMENT NO PLAGIARISM
[THE NAME OF YOUR COUNTRY] – WTO TRADE PROFILES 2020 COMPARISON
INFORMATION
Note – if information was not reported for a certain question for your country do not leave it
blank, just state that it was not reported.
Answers to the following questions.
1. Why is GDP per capita an important measurement?
2. Why is trade per capita an important measurement?
3. Is it better to have a high or low Trade to GDP ratio? Why?
4. Was the country you were assigned higher in merchandise or services? Why do you think that
is?
5. Did the country you were assigned export or import more services? What does this tell you?
6. Who was the recipient of the highest percentage of your country’s merchandise? This is the
country with the highest number in
destination for merchandise.
7. Which country did they import the most merchandise from? Why do you think that is?
8. Who was the recipient of the highest percentage of your country’s services? This is the
country with the highest number in destination
for services.
9. Did your country import more than 10% of its agriculture? What does this tell you about the
country?
For the country you were assigned:
10. Is it better to have more imports or more exports?
11. Top 3 exported products – agriculture
12. Top 3 imported products – agriculture
13. Top 3 exported products – non-agriculture
14. Top 3 imported products – non-agriculture
15. Look at the blue section on merchandise and look at the values for the past years and
determine if merchandise exports are trending up
or down.
16. Look at the blue section on merchandise and look at the values for the past years and
determine if merchandise imports are trending up
or down.
17. Look at the blue section on agriculture and look at the values for the past years and
determine if agriculture exports are trending up or
down.
18. Look at the blue section on agriculture and look at the values for the past years and
determine if agriculture imports are trending up or
down.
19. Look at the blue section on non-agriculture and look at the values for the past years and
determine if non-agriculture exports are
trending up or down.
20. Look at the blue section on non-agriculture and look at the values for the past years and
determine if non-agriculture imports are
trending up or down.
21. Look at the gray section on services and look at the values for the past years and determine
if services exports are trending up or down.
22. Look at the gray section on services and look at the values for the past years and determine
if services exports are trending up or down.
23. Comparing your country to the United States, assess their standard of living economically,
based on the GDP per capita and the trade
per capita numbers.
24. Overall, what do you think is the health of your country’s trade? (6 points)
25. If you were a Trade Minister in your country, what would you recommend to improve the
economy as it relates to trade? Hint – might
need to try to produce more to improve exports to gain revenue or perhaps shift to more
agriculture if possible – think strategy.