• Choose any two countries from the list of countries in Appendix 1. For each country, identify an industry or industries in which the chosen countries have a comparative advantage. You must use relevant data/statistics to support your analysis used in the identification.
• Explain the reasons/sources of the comparative advantage in each of the chosen countries.
• Suggest ways to improve the comparative advantage of each country.
• Reasons for the flow of trade and investment, the factors affecting the industry or industries and how Australia can benefit from these countries.