Economic Integration and the Terms of Trade

Economic Integration and the Terms of Trade

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Calculator Allowed: Yes Question Answer Transcription of this question: 2.Study the data below and answer the questions that follow.Table 1 — Macroeconomic data 2005GDP real change)GDP per capita (SUS)Consumer price inflation (0/0)Unemployment rate (0/0)Current account balance (SUS billion)Foreign debt (SUS billion)Foreign currency reserves (SUS billion)Indonesia4.935006.17.3141.535.8Thailand6.181002.81.56.750.648.3Vietnam7.727009.51.9-2.116.66.5Table 2— Income distribution data 2005Household income (% share): lowesthighestIndonesia426.7Thailand2.832.4Vietnam3.629.9[Source: rhe […]