We have been discussing the various theories and components of international trade, and whom is responsible for gathering the data. This is an opportunity to apply that knowledge to a real world scenario.

Go to the CIA page https://www.cia.gov/the-world-factbook/countries/ On the World Factbook page, pick one country and scroll down the page to the Economy link. Identify its biggest trading partner.Answer the questions below.

1. What country did you choose, and what country appears to be its largest trading partner?
2. Compare the major export commodities of the two trading partners. For each country, only include as exports or imports items that the countryexclusivelyexports or imports. Do not list commodities that show up as both exports and imports.
3. Compare the import commodities of the two trading partners. For each country, only include as exports or imports items that the countryexclusivelyexports or imports. Do not list commodities that show up as both exports and imports.
4. Discuss the information in the context of the theory of comparative advantage.