Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1.Based on your assigned country's imports and exports statistics, please discuss who are the winners and losers.Please make sure that you relate your discussion to

1.Based on your assigned country's imports and exports statistics, please discuss who are the winners and losers.Please make sure that you relate your discussion to the concepts of specific-factors model.

2.Is Brazil relying on trade (as a percentage of its GDP)? In addition, please include in your presentation how your assigned country values/views an international trade.Please also comment if its views makes sense from an economic viewpoint.

image text in transcribedimage text in transcribed
Indicator Merchandise exports by product group -annual (Million US dollar) Reporting Economy Product/Sector Partner Economy 2014 2015 2016 2017 2018 2019 2020 Brazil S13_AGG - TO - Total merchandise World 225101 191134 185232 217739 239264 225383 209878 Brazil $13_AGG -AG - Agricultural products World 88156 79988 76915 87812 93355 89098 Brazil $13_AGG -AGFO - Food World 79081 70982 67998 77612 80749 76346 Brazil $13_AGG - MI - Fuels and mining products World 54908 36452 32758 46850 58967 61605 Brazil $13_AGG - MIFU - Fuels World 20650 13748 11581 18723 29671 30314 Brazil $13_AGG - MA - Manufactures World 74874 68986 70201 77124 82188 70645 Brazil $13_AGG - MAIS - Iron and steel World 10714 9728 8230 11283 12623 11546 Brazil S13_AGG - MACH - Chemicals World 13222 11440 10991 12021 12210 11451 Brazil S13_AGG - MACHPH - Pharmaceuticals World 1658 1390 1275 1326 1254 1231 Brazil S13_AGG - MAMT - Machinery and transport equipment World 33091 31266 34792 37151 40753 32013 Brazil $13_AGG - MAMTOF - Office and telecom equipment World 904 870 730 829 895 830 Brazil $13_AGG - MAMTOTEP - Electronic data processing and office equipment World 260 234 281 388 420 344 Brazil S13_AGG - MAMTOTTL - Telecommunications equipment World 477 440 312 254 280 348 Brazil S13_AGG - MAMTOTIC - Integrated circuits and electronic components World 167 196 137 187 195 139 Brazil S13_AGG - MAMTTE - Transport equipment World 18272 18160 21505 21518 24624 17947 Brazil S13_AGG - MAMTAU - Automotive products World 9991 9878 11136 14739 13036 9659 Brazil S13_AGG - MATE - Textiles World 883 875 793 799 745 697 Brazil $13_AGG - MACL - Clothing World 160 140 132 153 148 160Indicator Merchandise Imports by product group -annual (Million US dollar) Reporting Economy Product/Sector Partner Economy 2014 2015 2016 2017 2018 2020 Brazil 513_AGG - TO- Total merchandise World 239156 179091 143411 157543 188564 166276 Brazil 513_AGG - AG -Agricultural products World 13528 10638 11925 11851 11863 Brazil 513_AGG - AGFO- Food World 11224 8817 10184 9929 9809 Brazil 513_AGG - MI - Fuels and mining products World 51496 30641 19456 26699 32584 Brazil 513_AGG - MIFU - Fuels World 45039 24920 15142 21551 26233 Brazil 513_AGG - MA - Manufactures World 164017 130072 106071 112149 136613 Brazil $13_AGG - MAIS - Iron and steel World 4648 3525 1921 2478 2941 Brazil 513_AGG - MACH - Chemicals World 45080 37908 33982 37322 43182 Brazil 513_AGG - MACHPH - Pharmaceuticals World 8235 7201 7117 7304 8107 Brazil 513_AGG - MAMT - Machinery and transport equipment World 83400 64051 51372 51411 66587 Brazil 513_AGG - MAMTOF - Office and telecom equipment World 20602 14774 11979 15664 16375 Brazil 513_AGG - MAMTOTEP - Electronic data processing and office equipment World 5091 3757 2638 7718 7697 Brazil 513_AGG - MAMTOTIL - Telecommunications equipment World 10389 7569 5875 2721 2814 Brazil 513_AGG - MAMTOTIC - Integrated circuits and electronic components World 5122 3449 3466 5225 5864 Brazil 513_AGG - MAMTTE - Transport equipment World 27581 21155 15353 15382 27705 Brazil 513_AGG - MAMTAU - Automotive products World 20323 14243 10786 12140 14554 Brazil 513_AGG - MATE - Textiles World 4380 3335 2798 3329 3526 Brazil 513_AGG - MACL - Clothing World 2940 2707 1509 1841 2117

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

How Social Forces Impact The Economy

Authors: Steven Pressman

1st Edition

1000062899, 9781000062892

More Books

Students also viewed these Economics questions

Question

What are the benefits of studying psychology? (p. 17)

Answered: 1 week ago

Question

The srice todaris (Round to the nownst cont)

Answered: 1 week ago