What has happened to the share of trade in gdp over time

Assignment Help Microeconomics

Reference no: EM132201000

Question: This exercise is designed to help one find the World Bank's World Development Indicators, extract data, and make sense of the numbers. Go to the database. Extract data for China and the US [use the Country tab under Variables] for the following series [use the Series tab]:

Population (total)

Population (female as % of total)

GDP at market prices (in constant 2010 US$)

GDP per capita PPP (constant 2011 international dollars)

Tariff rate (i.e. tax on imports), weighted mean, all products (%)

Trade (as a % of GDP).

Employment to population ratio, 15+, female (%), ILO estimates

Employment to population ratio, 15+, male (%), ILO estimates

Employment to population ratio, 15+, total (%), ILO estimates

Collect the data for the past 20 years [use the Time tab]. Download the data [use the Download Options on the upper right hand side] and put the data into a spreadsheet. Now answer the following questions:

Comment on what has happened to the share of trade in GDP over time?

Compared to the US, a smaller proportion of the Chinese population is female. Why? [You may need to do some additional Web searching to find an answer.]

Which country has a higher ratio of employment to population? Provide evidence.

Comment on the trends in the employment-to-population ratio over time? What might be causing these changes?

Reference no: EM132201000

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