This question will involve you in measuring the economic interdependence of some nations.
(a) Identify any five industrial nations not shown in Figure 1.1.
Figure 1.1

(b) Go to your school library and find the latest edition of International Financial Statistics and construct a table showing the degree of economic interdependence for the nations you have chosen. Is the economic interdependence of the smaller nations greater than that of the larger nations?

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80 60 Imports 50- Exports 40 U.S Japan UK Mexico Poland Korea Netherlands Belgium