Use the globalEDGE^TM site to complete the following exercises:

1. The WTO’s International Trade Statistics is an annual report that provides comprehensive, comparable, and updated statistics on trade in merchandise and commercial services. This report allows for an assessment of world trade flows by country, region, and main product or service categories. Using the most recent statistics available, identify the top five countries that lead in the export and import of merchandise, respectively.



2. Food is an integral part of understanding different countries, cultures, and lifestyles. In fact, your company is interested in importing Australian seafood to the United States. As part of the initial analysis, you want to identify the strengths of the Australian seafood industry. One resource you might find useful is the Australian Trade Commission Web site. Provide a short description of the current status of Australian seafood exports by variety, and also a list of the top countries importing Australian seafood.