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Choose a developing country, and dis

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Choose a developing country, and discuss its economic growth in the last 2–3 years. Include the following information:

 

Identify its growth in output per capita and in population growth.

Is it an open or closed economy?

·         Identify its comparative advantage and whether it is involved in trade.

·         Identify the country's type of economy—how its economy is a market, command, or mixed economy.

·         Is the country's foreign exchange overvalued or undervalued? Has the central bank intervened in the foreign exchange market on behalf of the country's currency valuation?

·         Using the information you gathered, discuss whether you believe the country is on a good course of economic growth and whether the macroeconomic policies are helping achieve this growth.

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