Analyze the trade position and comparative advantage of the country. Discuss the policy options to shift the country’s comparative advantage

UK Economy

These questions should be answered on the United Kingdom’s economy by using appropriate economic concepts.

1. Discuss the long-term strengths and weaknesses of the macroeconomy of the country
(500 words).

2. Analyze the trade position and comparative advantage of the country. Discuss the policy options to shift the country’s comparative advantage (500 words).

3. Discuss the policy options to increase the country’s long-run GDP per capita growth rate
(500 words).

4. Analyze the impact of one major global challenge (can be COVID-19) on the economy and evaluate the policy options to maximize the positive impacts of the challenge and to minimize the negative impacts (500 words).

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