choose a country other than the United States. Determine whether the Real GDP (or Real GDP per capita) is growing, relatively constant, or declining. Explain what events in that country could cause the observed effect on GDP, and relate those explanations to the model of long-run growth from Chapter 7, if possible. Explain whether the trend in GDP of your chosen country is likely to continue or if the trend will change in the future. In other words, is the trend in GDP a long-run trend or a short-run trend? How would you use this information to determine if that country may be a country into which to expand?
How might businesses use your analysis of the country you chose? What decisions might the businesses make? What errors might the businesses make if it ignored your analysis?