Economic Outlook of the Country
Identify the country’s type of economy–market: command or mixed economy. Is it an open or closed economy? What does this mean for the country’s
economy?
Identify its real GDP per capita and growth in output per capita and in population growth in the last year 2–3 years. Compare and contrast its real GDP per capita and the US real GDP per capita. Which country has a higher standard of living? Give one example from daily life that outlines a difference in standard of living between the two countries.
Identify whether the country is involved in trade. What are its main exports and imports?
Explain how imports and exports affect the GDP of the country.
Analyze the Current Economic Status of the Country using Current News Articles
