Explain the Role of foreign direct investment and trade in GDP growth .

Identify one country that has demonstrated high GDP growth rates (over any time period) and answer the following:

  1. Describe the growth rates and the time period of the growth 4 points
  2. Explain the reason for the growth addressing:
    1. Growth of capital, labor and productivity in the economy 4 points
    2. Role of fiscal policy in GDP growth (taxes, spending and debt) 4 points
    3. Role of monetary policy in GDP growth (money supply, interest rates and inflation) 4 points
    4. Role of foreign direct investment and trade in GDP growth 4 points
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