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TEAM PROJECT OUTLINE

GLOBAL ECONOMIC ENVIRONMENT

OBJECTIVE: DESCRIBE TRADE RELATIONSHIPS BETWEEN TWO (2) MAJOR ECONOMIES

Step #1 : Select two (2) countries: One from G7 and one from “other” preferably from G20/BRIICS (with certain exclusions).

G7

UK (England)

Canada

U.S.

Japan

France

Italy

Germany

G20 (and other major emerging markets e.g BRICS)

NOTE: THE TWO COUNTRIES CHOSEN COUNTRIES CANNOT BE IN SAME TRADE BLOCS OF EU OR NAFTA

Team Project Outline

Step 2: For EACH country, develop trade profile:

Imports/exports total, by category (historical/current)

Trading partners, total, by category (historical/current)

Trade Agreements: trade bloc(s) & Bilateral trade agreements

Brief description (members, terms)

Existing

Pending

Team Project Outline (cont’d)

Step 3: Inter-country (between the TWO countries):

Trade relationships (blocs, bi-lateral, other)

Existing

Pending

Brief description (membership/terms)

Imports, Exports (current/historical)

Trade balance (current/historical)

Tariffs, duties, other

for top 5 imports, exports

Major trade disputes (previous 20 years)

WTO

Other

Team Project Outline (cont’d)