1. For this assignment, compare the United States and one other selected country of your choice which is Kenya. Throughout this course, multiple resources have been included in all topic materials to provide websites that will assist in the research required for this assignment. Collect the economic data outlined in the "Country Analysis Matrix," and conduct additional research .
Country Analysis Matrix
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Economic Metric
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United States
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Kenya
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Per Capita GDP
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Misery Index
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GINI Index
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Economic Freedom Index Overall Ranking
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Human Development Index
Overall Ranking
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Current Account Balance
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Budget Balance as % of GDP
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2. WHEN GOODS DON'T CROSS BORDERS, SOLDIERS DO?
"When goods don't cross borders, soldiers will." -- That quote is commonly attributed to Frederic Bastiat, an economist from the 1800's, though there's some disagreement about whether he actually originated the phrase. All that aside, what do you think? What does the phrase mean? Do you agree? Do you think it works the other way as well - when goods cross borders, soldiers won't? How does this relate to reasons nations might choose to trade?