Discuss the role of value chains and value-added production.

Prepare a 3 slide presentation for the 2 economies assigned below.

  • NAFTA vs European Union (world’s 2 largest economic entities)

Research each economy assigned . Compare similarities and differences between your assigned countries/economies.

Use tables and/or graphs to support your analysis of the following economic statistics/indicators of your 2 assigned economies through the most recent year available since 2009 (the trough of the last economic cycle). Whenever possible, plot the metric for both economies on the same chart.

  • GDP per capita growth over time

Evaluate the reasons why the economic growth of the 2 economies/countries varied. Discuss how international trade influenced the strength of each economy. Discuss the role of value chains and value-added production.

Analyze how the failure to use value-added trade measures distorts trade statistics. For example, Boeing and Airbus airliners, Apple iPad and iPhone production, and North American integrated auto and light truck manufacturing.

Examine at least 2 industries that have provided each economy a comparative advantage in world trade.

Cite at least 2 academically credible sources.

Format your citations according to APA guidelines.

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