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I]. INTRODUCTION Assume that you are an economic consultant hired by an international organizationfgovernment to provide your expert advice on conditions pertaining to international trade

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I]. INTRODUCTION Assume that you are an economic consultant hired by an international organizationfgovernment to provide your expert advice on conditions pertaining to international trade in Italy and Sweden. Your analysis will consist of two separate reports (one for Assignment 1 and the other for Assignment 2). As an expert, your job is two-fold: 1. You are required to analyse any relevant issue using your technical skills. This involves utilizing your knowledge in international trade models as well as inspecting and interpreting data. 2. You need to communicate your results in an effective way. The purpose of this exercise is to assess your aptitudes in each domain. You will evaluate the trading conditions in these countries (Italy and Sweden) based on the scenarios detailed in each question in this Assignment. Your analysis will form the basis for a short report to the international organizationfgovernment body---summarising your recommendations and the associated rationale. DATA SOURCE For your data analysis, you rst need to obtain data from the World Bank (see the link below) and follow the steps described below. Notice that World Bank regularly updates its database; therefore it is crucial to obtain all data as soon as possible. The data range is from 2003 to 2015. You need to obtain the country-level data for Italy and Sweden on: i. Imports of goods and services (in current US$) ii. Exports of goods and services (in current US$) iii. GDP (in current US$) iv. GDP per capita (in current US$) v. GINI Index (World Bank estimate) from the World Bank's World Development Indicators: ( http:r'fdatabankworldbankorgzdata/reports.aspx?source=world-development- indicators )

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