Macro Project Assignment Example | Topics and Well Written Essays - 250 words

Macro Project - Assignment ExampleAttributed to their low population, the two countries have achieved one of the highest employment rates in the world. As the statistics have it, the two countries have achieved preceding(prenominal) 90% employment rate and hence the economy grows rapidly. The rate of inflation in the two countries is real(prenominal) low, though some disparities are clear. When it comes to exports, the two countries export petroleum products as their principle source of alien exchange. However, Qatar exports fertilizers and raw aluminum while Kuwait exports cement and ships. Their chief imports include cars, jewelry and aircraft and food, construction physical and vehicles for Qatar and Kuwait respectively.Qatar has favorable balance of trade as the difference between the export and import is very high. This means that the currency in Qatar is very strong against that of the trading partners. This implies that the country earn a serve in terms of foreign excha nge. As such, it is important for the country to maintain its export at a higher level as it directly impacts its economic growth. Other significance of a higher final export is that the country will have better terms of international trade and higher talk terms power in international trade and other affairs, Hightower