International Finance and Money

Find the data on main economic variables such as the real exchange rate, the current account balance, real GDP, employment, government debt and the budget deficit for the U.S. and another country of your own choice (for e.g. UK, Germany, Greece, China etc.). 2300 words • Explain why you chose this country. • Undertake a simple descriptive (statistical) analysis of these data and provide a discussion on the economic situation for both the countries. • What are the implications of U.S. current account balance on domestic and the world economy?