The international trade models in Argentina and Salvador

This is an assignment that focuses on the analysis on the international trade models in Argentina and Salvador. The paper consists of two separate reports and also required tasks.

The international trade models in Argentina and Salvador

Assume that you are an economic consultant hired by an international organization/government to provide your expert advice on conditions pertaining to international trade in Argentina and El Salvador. Your analysis will consist of two separate reports (one for Assignment 1 and the other for Assignment 2). As an expert, your job is two-fold:

1. Firstly, you are required to analyse any relevant issue using your technical skills. This involves utilizing your knowledge in international trade models as well as inspecting and interpreting data. 2. Secondly, you need to communicate your results in an effective way. The purpose of this exercise is to assess your aptitudes in each domain. You will evaluate the trading conditions in these countries (Argentina and El Salvador) based on the scenarios detailed in each question in this Assignment. Your analysis will form the basis for a short report to the international organization/government body— summarising your analysis and also the associated rationale.

II. DATA SOURCE For your data analysis, you first need to obtain data from the World Bank (see the link below) and follow the steps described below. Notice that World Bank regularly updates its database; therefore it is crucial to obtain all data as soon as possible. The data range is from 1998 to 2014. Additionally, you need to obtain the country-level data for Argentina and El Salvador on:

i. Imports of goods and services (in current US$) ii. Exports of goods and services (in current US$) iii. GDP (in current US$) iv. GDP per capita (in current US$) v. GINI Index (World Bank estimate) from the World Bank’s World Development Indicators:  (http://databank.worldbank.org/data/reports.aspx?source=world-development-indicators). [Note that if your browser (such as Chrome) does not open the web page, try a different browser (such as Internet Explorer)] Please DO NOT attach Excel files to the brief. The policy brief needs to be precise and short. Avoid unnecessary jargon. Your policy brief cannot exceed two pages

REQUIRED TASKS

Your tasks involve two dimensions. Firstly, you need to analyse the data (see Steps 1, 2 and 3 in the next section). Secondly, you need to perform a technical analysis by considering a hypothetical trading environment based on Ricardian model (see Step 4 in the next section).
Accordingly, you are to:
 Subsequently, provide information about how integrated these two countries (Argentina and El Salvador) are with the rest of the world. To do so, you need to look at their trade flows relative to their GDP and calculate openness.  Provide a visual representation of your findings by plotting a graph (use line graph) that shows the change in openness for these countries over the period between 1998 and 2014 (including all years, i.e., 1998, 1999, …, 2014).

Lastly, establish whether being integrated with the rest of the world helped these two countries by looking at the correlation between their openness and also GDP per capita.  Conjecture what would have happened if these countries were not open to trade with the rest of the world by evaluating a hypothetical scenario based on a simple Ricardian model.

HelpHub
Calculate your paper price
Pages (550 words)
Approximate price: -

Why Choose HelpHub

HelpHub

Quality Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

HelpHub

Qualified Writers

We have hired a team of professional writers experienced in academic and business writing. Most of them are native speakers and PhD holders able to take care of any assignment you need help with.

StudyAcer

Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account.

StudyAcer

On Time Delivery

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. We will always strive to deliver on time.

StudyAcer

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text.

StudyAcer

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Help Hub

Place your order

Fill in the order form and provide all details of your assignment.

Help Hub

Proceed with the payment

Choose the payment system that suits you most.

Help Hub

Receive the final file

Once your paper is ready, we will email it to you.

HelpHub Writing Services

No need to work on essay at night. Sleep tight, we will cover your back. We offer all kinds of essay writing services.

HelpHub HelpHub

Essays

Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

HelpHub HelpHub

Admissions

Admission Essays

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

HelpHub HelpHub

Editing

Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

HelpHub HelpHub

Revision

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied.