Explain the following with examples:

Economic Environment

a. International economic analysis

b. Elements of the Economic Environment

• Gross National Income
• Improving the Power of GNI

c. Features of an Economy

• Inflation
• Unemployment Debit
• Income Distribution
• Poverty
• The Balance of Payments

d. Trade Deficits

e. Integrating Economic Systems

• Types of Economic Systems
• Freedom, Markets, and Transition
• Economic Freedom: Idea, Performance, and trends