Prepare a 5 to 7-slide presentation for the 2 economies that
South Korea vs North Korea (2 polar economic opposites, one people)
SPEAKER NOTES NEEDED ALSO
Use tables and/or graphs to support your analysis of the following economic statistics/indicators of your 2 assigned economies through the most recent year available since 2009 (the trough of the last economic cycle). Whenever possible, plot the metric for both economies on the same chart.
- GDP per capita growth over time
- Inflation rate over time
- Unemployment rate over time
- Exports as a % of GDP over time
- National government debt as a % of GDP
Evaluate the reasons why the economic growth of the 2 economies/countries varied. Discuss how international trade influenced the strength of each economy. Discuss the role of value chains and value-added production.
Analyze how the failure to use value-added trade measures distorts trade statistics. For example, Boeing and Airbus airliners, Apple iPad and iPhone production, and North American integrated auto and light truck manufacturing.
Slides and speaker notes needed