China-Saudi-Arabia-and-Democratic-Republic-of-Congo-Comparative-and-Absolute-Advantage-assignment-help-

USA

â—¦China

â—¦Saudi Arabia

â—¦Democratic Republic of Congo

Determine the stage in the lifecycle for each country’s economy listed above.

Next Discuss the following for China

  At least two products that have provided the country an absolute advantage in trade (if any)

  At least two products that have provided the country a comparative advantage in trade

The World Trade Organization

https://www.wto.org/english/res_e/statis_e/its2015_e/its15_world_trade_dev_e.pdf

The CIA Fact Book

https://www.cia.gov/library/publications/the-world-factbook/docs/profileguide.html

The World Bank

http://www.worldbank.org/