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QUESTION
Aggregate expenditures in the national income accounts are composed of consumption expenditures, investment expenditures, government expenditures, and net exports (i.e., exports less imports).
Your assignment is to prepare a report on the export component of the aggregate expenditures for the Manitoba macroeconomy. (Note: Focus on exports, not net exports. Recall that exports entail both international and interprovincial sales).
The report should contain both economic data and an interpretation and explanation of that data. As an example of what the report should contain, you may wish to review the section on “Exports and imports” on pp. 13-16 of the Report on the Manitoba Economy 2011. You can view this assignment as constituting and update and reappraisal of the 2011 Report.
Your report should:
1) Make use of the most recent data.
2) Consider recent trends and developments, but it is probably not necessary to consider and analyze data from before 2011. Recent developments in Canada-US trade discussions may be relevant.
3) Where appropriate, make use of your knowledge of the relevant economic theory in your explanation and interpretation.
4) Try to assess, as best you can, the current (2018) situation regarding exports of the Manitoba economy.
5) Suggest what we might expect regarding net exports in the near future (e.g., for 2019).
6) If you use data expressed in dollar values, be sure to clearly indicate whether the values are expressed in current (nominal) or constant (real) dollars.
7) Be sure to clearly indicate what the source is for all of the data and information that you use in your report. In other words, provide clear references so that the reader of the report can easily find and check any data or information, if he or she should wish to do so.
8) If you quote phrases or sentences directly from another source, you need to identify the quotation by using quotation marks, and provide the reference for that source.
Your report must NOT exceed 4 double spaced, typewritten pages (excluding charts, diagrams,
tables, references).
It is acceptable for students to work together in their research for and discussion of the content of
this assignment. I encourage students to prepare and submit their own, individual, distinct
assignment. However, for this assignment only, jointly-authored or group assignments, up to a
maximum of three persons per group, will be accepted..
Please ensure that your name and student number are on the document.
The assignment must be handed in before 4:30pm on Thursday, October 18, 2018. Please
provide a hard copy, not an electronic copy. Please be sure that you have kept an extra copy of
the assignment for your own files.
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