Purchase Solution

Economic Concern in an Asian Country

Not what you're looking for?

Ask Custom Question

Scenario: As an employee of the World Bank, you have been asked to research one economic concern in an Asian country and write a report on your findings. So, select an Asian country to research (in this case China has been chosen). Select one of the following economic concerns to research:
- Quantities of specific goods and services
- Gross Domestic Product (GDP)
- Unemployment
- Inflation

Answer the following questions:
- What are 3 relationships between the economic concern you selected and that specific country's economy?
- What trends do you see in the data sets?
- Support your assertions of the trends with statistical evidence

Purchase this Solution

Solution Preview

As an employee of the World Bank, you have been asked to research 1 economic concern in an Asian country and write a report on your findings.
As per cia.com, China in 2008 has the second-largest economy in the world on the purchasing power parity (PPP) basis. Its estimated GDP in 2008 was $7.8 trillion. Annual inflows of foreign direct investment in 2007 rose to nearly $84 billion. By the end of 2007, nearly 7,000 domestic Chinese enterprises had made an aggregate $118 billion in direct investments in 173 countries and regions around the world. Hence China has become one of the world's most powerful economies.

In this case, underemployment in China is being considered:

As per the CIA report, China has 4.3% (September 2009 est.) unemployment and is ranked 38th in the world. The unemployment rate has slightly increased as compared to previous ...

Purchase this Solution


Free BrainMass Quizzes
Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.

Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.

Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.