Total national income in three countries over a recent, and typical, 10 year period are shown below
|
Year
|
1
|
2
|
3
|
4
|
5
|
6
|
7
|
8
|
9
|
10
|
|
Country A
|
10
|
8
|
7
|
9
|
10
|
14
|
12
|
16
|
18
|
8
|
|
Country B
|
11
|
12
|
11
|
13
|
15
|
8
|
7
|
16
|
18
|
10
|
|
Country C
|
10
|
12
|
13
|
11
|
11
|
7
|
9
|
5
|
4
|
10
|
(a) Is there scope for risk sharing between countries? Describe exactly how this might work.
(b) With which country should country A look to share risk?