Describe the economic system of the Colombia in terms GDP, Disposable Income, Financial System, Trade Balance, Unemployment and Inflation


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Describe the economic system of the Colombia in terms GDP, Disposable Income, Financial System, Trade Balance, Unemployment and Inflation


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Please observe the following instructions when composing the final paper: Choose a Country of your own; describe the economic system of the Country in terms of the following: GDP, Disposable Income, Financial System, Trade Balance, Unemployment and Inflation. Utilize data from the past three years. The description should be brief but informative. The focus of your research should be on: Comparative Advantage and International Trade • How the Country gained from International Trade, list all the trade partners and percentages of Imports and Exports to the GDP. • Describe the government policies that restrict International Trade on certain types of imports. • Describe government intervention in the Market: Examples: Price Floors and Price Ceilings [Minimum Wage, Rent Control] Finally, state your conclusion on whether the country has benefited from International Trade and foreign investment, explain the pros and cons that support your conclusion. Length: Three to Five double spaced 8.5 x 11″ typed pages, not including the cover page, table of content and the reference page, at least three references should be listed.