Essay on Entrepreneur: International Trade and United States

Submitted By jackii0624
Words: 2094
Pages: 9

Module 5 Project: Research Chart Research Notes | 5.02 | | US | China | France | Name, location, geographyLesson 05.02 Tip: When using the CIA World Factbook site, look under the sections for Government andTransnational Issues | Tip: When using the CIA World Factbook site, make sure to start in the upper right corner where you can select the countries you are researching. | | 1. Include a topographical map of your countries.

2. What are some geographic features of the countries that may impact production and trade? | North America, bordering both the North Atlantic Ocean And The North Paicific ocean, Between Canada And Mexico.Vast cultural plain mountains in west, hills and low mountains in east, rugged, volcanic topography in Hawaii. | Eastern Asia, bordering the east china, korea bay, yellow sea, and south china sea, between north korea and Vietnam.Mostly mountains, deserts in west, plains, deltas, and hills in east. | Metropolitan france, western Europe, bordering Bay of Biscan.Mostly flat plains and gently rolling hills. | Economic System | 1. Is the country primarily a traditional, command, market, or mixed economy? 2. Identify and explain which economist's theories you studied are more closely aligned with each country. 3. Are there any significant events happening in the country in regards to its economy or politics? (Research current events.) | MixedThe united states congress is the bi cameral legislature of the federal gov’t of the US of America, consisting of the senate and house of representatives.The federal housing administration has announced plans to increase the amount of up-front cash paid by new borrowers and to require higher down payments from those with poorest credit. | MarketThe communist party of china is the founding and the ruling political party of china. It is the worlds largest party. The rise of china’s state backed banks is amazing. But success will force it to change. | MixedExecutive president, legislative bicameral parliament The dramatic European union is an important first step, but next comes enforcement. | 5.03 | | United States | Country #1 ___________________ | Country #2 _____________________ | Economic IndicatorsLesson 05.03 | What are the current rates of: * Unemployment * GDP per capita * EFW Index * Balance of trade | 9.4%14.2 trillion#878.0n/a | 4.2%7.9 Trillion#14051.071,016.2 | 7.8%2.1 Trillion#6464.2-3922.5 | 5.04 | | United States | China | France | Major IndustriesLesson 05.04 Tip: When considering absolute and comparative advantage, note what the primary exports are for each country. | | 1. What industries are most prominent in the country? 2. Based on your research, through which products or industries might the country enjoy comparative advantage? 3. Does the United States already have a trade relationship with the country? 4. If so, list products of exchange. You may leave the box for the United States blank on this one. | Managerial, professional, and technical: 37.3%Sales And Office:24.2%Farming: 0.7%Transportation: 20.3%Technical: 37.3Other Services 17.6Leading industrial power in the world, highly diversified and technologically advanced: petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals, electronics, food processing, consumer goods, lumber and mining. | Agriculture 39.5%Services 33.2%Industry 27.2%Mining and ore processing, iron, steel, aluminum, and other metals, coal, machine building, armaments, textiles, and apparel. Petroleum, cement, chemicals, food processing, transportation equipment, rail cars, locomotives, ships, and aircraft. Telecommunications equipment, and satellites. | Services