Part B RESEARCH (20%) - 40 marks

(excluding references, 1.5 line spacing and 12 font) complete the following assignment. You may work in groups of three students on any one of the following topics. Supplement the discussions with relevant information, insights from macro-economic theory, refer to relevant journal articles, publications and other reliable sources. The assignment must be submitted in the assignment drop box through TURN-IT-IN. Assignment must be properly referenced.

No extension of the due date.

1. How do fiscal expansion relate with trade outcomes. What are the ensuing implications on economic governance and regionalism for the Pacific?

3. Identify the impact of climate change on economic potential of any country of your choice in the Pacific. You may include a case-study analysis to supplement the arguments.

6. Explain how to promote inclusive and sustainable growth in smaller economies of the Pacific (in Micronesia). What are the limits to growth in these countries?

7. Show the impact of fiscal and monetary expansion on economic growth, employment and investment since COVID19. Use real time data to make your case from Fiji.

9. Identify the impact of Corona virus outbreak on economic growth, trade, employment, business activities and human welfare. Discuss possible options for economies in the Pacific to deal with its potential threats.