USA
◦China
◦Saudi Arabia
◦Democratic Republicof Congo
Determine the stage in the lifecycle for each country’seconomy.
Discuss the following for China
At least twoproducts that have provided the country an absolute advantage in trade (if any)
At least twoproducts that have provided the country a comparative advantage in trade
The World Trade Organization
https://www.wto.org/english/res_e/statis_e/its2015_e/its15_world_trade_dev_e.pdf
The CIA Fact Book
https://www.cia.gov/library/publications/the-world-factbook/docs/profileguide.html
The World Bank
http://www.worldbank.org/
