(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.