The trade balance data is currently most easily obtained from the World Bank site: data.worldbank.org. Use that
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The trade balance data is currently most easily obtained from the World Bank site: data.worldbank.org. Use that database to analyze graphs of the trade balance as a share of GDP in China and Germany.
(a) The data series you are looking for is called the “external balance on goods and services (% of GDP).” Obtain the data for China and Germany and create a graph of their trade balances over time since 1980.
(b) Comment on the patterns you see for China and Germany.
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a b China has experienced more or less sustained growth in its e...View the full answer
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