How economic, political and cultural development of Saudi Arabia and Venezuela since 1992 has influenced their economic growth and trade competitiveness.
1. How economic, political and cultural development of Saudi Arabia and Venezuela since 1992 has influenced their economic growth and trade competitiveness.
Include speaker notes detailed enough so a colleague can give the presentation without previous knowledge. Evaluate the reasons why the economic growth of the 2 economies/countries varied.
Discuss how international trade influenced the strength of each economy. Discuss the role of value chains and value-added production. Analyze how the failure to use value-added trade measures distorts trade statistics.
For example, Boeing and Airbus airliners, Apple iPad and iPhone production, and North American integrated auto and light truck manufacturing.
Examine at least 2 industries that have provided each economy a comparative advantage in world trade. Cite at least 2 academically credible sources. Format your citations according to APA guidelines. Submit your assignment.
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