Individual Writing Assignment Assignment Detail Submit an analysis of trade between the U.S. and the trading partner you have chosen by completing the six questions that follow. Be sure to identify your sources for any descriptive or factual information. 1) Provide a brief description of the country/ trading partner you have chosen. The description should […]
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What is the Revealed Comparative Advantage (RCA) Index? Discuss the advantages and disadvantages of this index as a tool for trade policy analysis.
Description Assignment Problem Set 1: Revealed Comparative Advantage (RCA) a. What is the Revealed Comparative Advantage (RCA) Index? Discuss the advantages and disadvantages of this index as a tool for trade policy analysis. b. For two countries of your choice, calculate the normalized RCA index for every year between 2004-2006. Repeat the exercise for the […]
