Assignment Details: select a country of your choice: then your report must cover the following partsi
Part 1:
(a) Discuss the impacts of globalisation on your selected country decade(s) during the last in terms of international of good and services, labour, business enterprise, mo and investment. Any non-economic aspects of your selected country have been involved in the globalisation process, List industries which are part of the open economy and the closed economy.
(b) Calculate "index of openness" of your selected country during the last decade(s) Comment on the calculated figures and discuss the results.
Part 2
(c) Investigate the international trade structure of your selected country during the last decade(s). Identify major exports and imports, export and import destinations, and balance of trade. Are there any changes in the structure of selected country's exports and imports during the study period?
(d) Calculate "Intra-Industry Trade" and "Inter-Industry Trade" indexes of your selected country's major exporting and importing industries during the last decade(s). Comment on the calculated indexes and analyse the trade patterns based on Ricardo's theory of comparative advantage and the H-o theory of factor endowments. Identify the selected country's specialisation and abundant and scarce resources.
Part 3:
(e) Discuss the major international trade policies of your selected country. Explain implications of those policies for the country's international trade.
Part 4:
(f )Has your selected country been the movement toward regional economic integration? Discuss the effects of economic integration on the country's economy