Posted: October 24th, 2022
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The following table presents several examples of regional economic blocs. Select one of them as your focal group. Use the WITS data portal to collect the trade profile data for the countries in your selected regional bloc. Following the example learned in class, calculate and evaluate the importance of each member country in its regional bloc in terms of its trade links and volume with all other member countries in the bloc. What conclusion can you draw about the status of each member country in its regional economic bloc?
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