Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Signature Assignment 1. Choose one region and provide an overview; the regions are: a) BRIC countries or b) European Union or c) United States (include

Signature Assignment

1. Choose one region and provide an overview; the regions are:

a) BRIC countries or

b) European Union or

c) United States

(include information about economic reforms from a historical perspective. Also, provide recent data (no older than 2015) of economic growth rates)

2. What was the effect of the 2007/2008 fiscal crisis on your chosen region (BRIC, EU, US)?

3. Choose one country/state within your chosen region (BRIC, EU, US) and describe in detail its comparative advantage of one resource or product. Include the following:

a) Impact on wages and jobs

b) Regional issues and impact of such issues

c) Internal economies of scale

d) External economies of scale

e) Policy

4. Predict what you think will happen with your chosen region (BRIC, EU, US) between now and 2030. Provide concrete examples of how you think the economy will develop. Use existing research to back up your predictions.

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

What Every Environmentalist Needs To Know About Capitalism

Authors: Fred Magdoff, John Bellamy Foster

1st Edition

1583672419, 9781583672419

More Books

Students also viewed these Economics questions

Question

Technology

Answered: 1 week ago

Question

Population

Answered: 1 week ago