The economic growth and trade competitiveness of countries can be influenced by the economic, political, and cultural development within the
country. There are several countries that can be compared to see how a successful economy’s decisions differed from a less-successful economy.
Step 1: Select Economies
Review the pairs of economies listed below. Each pair has 1 highly successful country and 1 less successful country, except for NAFTA /EU.
• NAFTA vs. European Union (world’s two largest economic entities)
• China vs. India (world’s two most populous countries)
• South Korea vs. North Korea (two polar economic opposites, one people)
• Venezuela vs. Saudi Arabia (world’s two largest sources of oil reserves)
• Nigeria vs. Democratic Republic of the Congo (functioning government and civil order vs. struggling government and violent clashes
among factions; note: the Republic of the Congo is not the same country as the Democratic Republic of the Congo)
Research the economies for your chosen pair of countries.
Compare similarities and differences between your chosen countries/economies.
Continue to Step 2: Create a Presentation
Step 2: Create a Presentation
In a 12- to 16-slide presentation with detailed speaker’s notes and visual elements, including graphs and tables, explain how their economic,
political, and cultural development since 1992 has influenced their economic growth and trade competitiveness.
