Topics: International trade, United States, Free trade area Pages: 8 (1355 words) Published: October 7, 2012
 |  | United States| China| France|
Name, location, geography

Lesson 5.02 ublications/the
| Can you include a map to show locations of your countries?

What are some geographic features of the countries that may impact production and trade?| North America, close to both the North Atlantic Ocean and the North Pacific Ocean, between Canada and Mexico.

Huge central plain, mountains in west, hills and low mountains in east; rocky mountains and wide river valleys in Alaska; rough, volcanic structure in Hawaii.| Eastern Asia, close to the East China Sea, Korea Bay, Yellow Sea, and South China Sea, between North Korea and Vietnam.

Mostly mountains, high hills, deserts in west; plains, deltas, and hills in east.| Metropolitan France: Western Europe, close to the Bay of Biscay and English Channel, between Belgium and Spain, southeast of the UK; close to the Mediterranean Sea, between Italy and Spain.

Mostly flat plains or gently rolling hills in north and west; rest is mountainous, especially Pyrenees in south, Alps in east.| Economic

Lesson 5.02 ublications/the
-world-factbook/| Is the country primarily a traditional, command, market, or mixed economy?

How does the country structure its leadership? Is the country developed or least developed?

Are there any significant events happening in the country in regards to its economy or politics?

Identify and explain which economists theories you studied are more closely aligned with each country.| Mixed Economy

The United States Congress is the bicameral legislature of the federal government of the United States of America, consisting of the Senate and the House of Representatives.

The Federal Housing
Administration has announced plans to increase the amount of up-front cash paid by new borrowers and to require higher down payments from those with the humblest credit.

John Maynard Keynes' theory - The US government followed his recomendations of spending.| Market Economy

The Communist Party of China (CPC), also known as the Chinese Communist Party (CCP), is the establishment and the ruling political party of the People's Republic of China (PRC). It is the world's largest political party.

The rise of China’s state- backed banks is splendid. But success will force the model to change

Karl Marx's theory - Came to China in the early 20th century. Chinese communists combined China's national conditions with the basic doctrines of Marxism and created the People's Republic of China in 1949. | Mixed Economy

Executive—president (chief of state); prime minister (head of government). Legislative—bicameral Parliament.

The dramatic European Union funding proposal is an important first step. Next comes execution of tough fiscal reform guidelines, which introduces a series of new political challenges and risks.

Adam Smith's theory - France supports free trade. |

Lesson 5.03 ublications/the
-world- factbook/| What are the current rates of:

1. Unemployment

2. GDP

3. EFW index http://www.heritag

4. Balance of trade
(note if it is positive or negative)

http://www.census.go v/foreign- trade/balance/|

Unemployement: 8.1% by July/2012

GDP: 15,094,000,000,000 by 2011

United States #18th by 2010

Freedom Score: 7.69

Balance Trade: N/A|

Unemployment: 4.1% by Jan/2012

GDP: 7,318,499,269,769 by 2011

China #107th by 2010

Freedom Score: 6.35

Balance Trade: -29,375.8 (July/2012)|

Unemployment: 9.3% by 2011

GDP: 2,773,032,125,000 by 2011

France #47th by 2010

Freedom Score: 7.32

Balance Trade: -1,317.1 (July/2012)|
| | | | |

Lesson 5.04 ublications/the
-world- factbook/| What industries are most prominent in the country?...
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