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:
- Describe the growth rates and the time period of the growth 4 points
- Explain the reason for the growth addressing:
- Growth of capital, labor and productivity in the economy 4 points
- Role of fiscal policy in GDP growth (taxes, spending and debt) 4 points
- Role of monetary policy in GDP growth (money supply, interest rates and inflation) 4 points
- Role of foreign direct investment and trade in GDP growth 4 points
Leave a Reply
Want to join the discussion?Feel free to contribute!