 | Web-based Exercises
(See related pages)
- Go to http://www.stat-usa.gov/tradtest.nsf. This is the web site of StatUSA Globus and NTDD.
- What is the unit of currency in the People's Republic of China?
- How many Bolivar from Venezuela can you currently purchase with $1 U.S.?.
- How many Sri Lankan Rupee can you currently purchase for 1 Norwegian Krone?
- Use other sites on the internet to find the location and capital of the People's Republic of China, Venezuela, Sri Lanka and Norway.
- Use the web site from #1 as well as http://www.census.gov/foreign-trade/www/ to determine each of the following.
- The primary U.S. imports from Djibouti.
- The primary U.S. exports to Djibouti.
- The primary U.S. imports from the Falkland Islands.
- The primary U.S. exports to the Falkland Islands.
- Use other sites on the internet to find the location and capital of Djibouti and the Falkland Islands.
- What does this information tell you about the comparative advantage of Djibouti, the Falkland Islands and the U.S?
- Go to http://www.wto.org/index.htm. This is the web site of the World Trade Organization.
- How many countries are currently members of the WTO?
- How does the WTO settle trade disputes between its members?
- Use the web to identify groups opposed to the mission of the WTO. What are their arguments?
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