relationship between openness and economic 代写

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    • International Trade Assignment 1  Page 1
    INTERNATIONAL TRADE
    (ECON 1086- RMIT, Australia)
    (ECON 1269- RMIT, Vietnam)
    (ECON 1089- SIM, Singapore)
    ASSIGNMENT 1

    relationship between openness and economic 代写
    PLEASE CHECK RMIT/SIM BLACBOARD FOR RELEVANT DUE DATE; IT IS
    UP TO YOU TO FIND THIS OUT.
    Instructions for submission:
    1. Click on Assessment tasks in BlackBoard.
    2. Click on Assignment 1. This is in red.
    3. Scroll down to Assignment Submission.
    4. Attach your file by clicking on “Browse My Computer”.
    To answer the assignment questions first get the data follow these steps.
    1. This assignment requires you to obtain data from two (2) countries of your
    choosing over the period 1985-2005.
    2. Obtain country-level data on trade (% GDP) and GDP per capita (constant 2010
    US$) from the World Bank’s World Development Indicators
    (http://databank.worldbank.org/data/reports.aspx?source=world-development-
    indicators).
    3. DO NOT attach Excel files to the assignment.
    4. Keep explanations brief. Policy analysis in applied economics has to be brief. Be
    precise and to the point, avoid jargon.
    International Trade Assignment 1  Page 2
    Assignment 1 (25% of your final grade)
    Check BLACKBOARD for due dates.

    relationship between openness and economic 代写
    *** Follow the instructions above on how to get the data.
    *** Read Chapter 1 of the textbook very carefully.
    1. -Explain trade/GDP (also called openness) is a measure of globalisation.
    -Are there other measures you could use?
    -What form of globalisation are you measuring? (5 marks)
    2. Using 2 graphs (one for each country), plot openness versus time for each
    country. Explain in up to 50 words how openness has changed for these countries
    from 1985 to 2005. Make sure your graph is properly labelled. (5 marks)
    3. Explain in up to 100 words the relationship between openness and economic
    development by calculating the correlation coefficient between GDP per capita
    (proxy for economic development) and openness for each of the two countries,
    respectively. [Here you have to use the CORREL command in Excel]. DO NOT
    ATTACH YOUR DATA TO THE ASSIGNMENT. (10 marks)
    4. Explain in up to 200 words the factors that you think drive openness in these two
    countries. [Note that these factors can be positive or negative]. If you use
    information, reference it. References do not count in the word count. (5
    marks)
    relationship between openness and economic 代写