Step 1 :

Economic Vulnerability

Research the Historical Economic Shocks: Investigate past instances where global economic fluctuations or external shocks impacted your chosen country (Colombia ). How did these events affect the economy, and what measures were taken to mitigate the impact?

Impact of Natural Disasters: Examine the susceptibility of your chosen country to natural disasters. How have past natural disasters affected trade, and what strategies or policies has the country implemented to build resilience in its economy?

b) Debt Sustainability 3. Historical Debt Management: Explore the historical trends in public debt for your chosen country. What factors contributed to the accumulation of debt, and how has the country attempted to manage or reduce its debt burden over time?

1. Comparative Analysis: Conduct a comparative analysis with other countries facing similar debt challenges. What lessons can be learned from their experiences, and are there successful strategies that your chosen country could adopt?

c) Diversification of Economy

5. Identifying New Sectors: Research potential new sectors that your chosen country could explore for economic diversification. What are the opportunities and challenges associated with diversifying into these sectors?

1. Global Market Entry Strategies: Investigate strategies for entering new global markets. How can your chosen country effectively penetrate and compete in markets beyond its current trade partners? Consider the role of trade agreements and alliances.

Step 2: Presentation - PowerPoint (PPT) Requirement

As part of this follow-up assignment, students are required to create a PowerPoint presentation summarizing their findings. Each question should be addressed in a dedicated slide, and the presentation should be structured logically with an introduction, main content, and a conclusion.

Ensure the PowerPoint presentation adheres to APA format guidelines for citations and references. Include visuals, graphs, or charts to enhance the clarity and impact of the information presented. The presentation should be concise, yet comprehensive, covering key points related to the economic challenges, proposed solutions, and strategies for trade development.

The total number of slides should not exceed 15 , allowing for a well-organized and engaging presentation. The PowerPoint file should be submitted along with the written responses to the follow-up questions.