Copyright 2021 by University of Phoenix. All rights reserved.
ECOCB/535 Competency 3 Assessment and Rubric
Course Title: The Digital Economy
Competency Assessment Title: World Economies Comparison Presentation
Assignment Directions
The economic growth and trade competitiveness of countries can be influenced by the economic, political, and cultural development within the
country. There are several countries that can be compared to see how a successful economy’s decisions differed from a less-successful economy.
Step 1: Select Economies
Review the pairs of economies listed below. Each pair has 1 highly successful country and 1 less successful country, except for NAFTA /EU.
• NAFTA vs. European Union (world’s two largest economic entities)
• China vs. India (world’s two most populous countries)
• South Korea vs. North Korea (two polar economic opposites, one people)
• Venezuela vs. Saudi Arabia (world’s two largest sources of oil reserves)
• Nigeria vs. Democratic Republic of the Congo (functioning government and civil order vs. struggling government and violent clashes
among factions; note: the Republic of the Congo is not the same country as the Democratic Republic of the Congo)
Research the economies for your chosen pair of countries.
Compare similarities and differences between your chosen countries/economies.
Continue to Step 2: Create a Presentation
Step 2: Create a Presentation
In a 12- to 16-slide presentation with detailed speaker’s notes and visual elements, including graphs and tables, explain how their economic,
political, and cultural development since 1992 has influenced their economic growth and trade competitiveness.
ECOCB/535 Competency 3 Rubric
Page 2 of 4
Copyright 2021 by University of Phoenix. All rights reserved.
Include the following in your presentation:
• Use tables or graphs to support your analysis of the following economic statistics/indicators of your 2 chosen economies through the most
recent year available since 2009 (the trough of the last economic cycle):
• GDP per capita growth over time
• Inflation rate over time
• Unemployment rate over time
• Exports as a percentage of GDP over time
• National government debt as a percentage of GDP
Whenever possible, plot the metric for both economies on the same chart.
• Evaluate the reasons why the economic growth of the 2 economies/countries varied. Discuss how international trade influenced the
strength of each economy. Discuss the role of value chains and value-added production.
• Analyze how the failure to use value-added trade measures distorts trade statistics.
• Examine at least 2 industries that have provided each economy a comparative advantage in world trade.
Cite at least 2 academically credible sources.
ECOCB/535 Competency 3 Rubric
Page 3 of 4
Copyright 2021 by University of Phoenix. All rights reserved.
Competency Assessment Rubric
Assignment/Performance
Criteria
Mastery
100%
Meets Expectations
85%
Not Met
0%
1. Country Comparison
(weight 20%)
Thoroughly compares similarities
and differences between chosen
countries / economies and
successfully explains how their
economic, political, and cultural
development since 1992 has
influenced their economic growth
and trade competitiveness.
Partially compares similarities and
differences between chosen
countries / economies and
successfully explains how their
economic, political, and cultural
development since 1992 has
influenced their economic growth
and trade competitiveness.
Narrowly compares similarities and
differences between chosen
countries / economies and basically
explains how their economic,
political, and cultural development
since 1992 has influenced their
economic growth and trade
competitiveness or no attempt was
made to compare similarities and
differences between chosen
countries / economies nor to explain
how their economic, political, and
cultural development since 1992 has
influenced their economic growth
and trade competitiveness.
2. Analysis
(weight 20%)
Thoroughly analyzed economic
statistic/indicators of two chosen
economies including the use of
tables and/or graphs that clearly
depict GDP per capita growth,
inflation rate, unemployment
rate, exports, and national
government debt as a % of GDP
over time since 2009 for each
chosen economy.
Partially analyzed economic
statistic/indicators of two chosen
economies including the use of
tables and/or graphs that clearly
depict GDP per capita growth,
inflation rate, unemployment rate,
exports, and national government
debt as a % of GDP over time since
2009 for each chosen economy.
Narrowly analyzed economic
statistic/indicators of two chosen
economies including the use of
tables and/or graphs that clearly
depict GDP per capita growth,
inflation rate, unemployment rate,
exports, and national government
debt as a % of GDP over time since
2009 for each chosen economy or
no attempt is made to include tables
and/or graphs.
3. Economic Growth
(weight 20%)
Thoroughly evaluated the
reasons why the economic
growth of the two chosen
economies / countries varied
from a creative and innovative
perspective. Clearly discusses
how international trade
Partially evaluated the reasons why
the economic growth of the two
chosen economies / countries varied
from a creative and innovative
perspective. Clearly discusses how
international trade influenced the
strength of each economy, as well
Narrowly evaluated the reasons why
the economic growth of the two
chosen economies / countries
varied; basically discussed how
international trade influenced the
strength of each economy, as well
as the role of value chains and
ECOCB/535 Competency 3 Rubric
Page 4 of 4
Copyright 2021 by University of Phoenix. All rights reserved.
Assignment/Performance
Criteria
Mastery
100%
Meets Expectations
85%
Not Met
0%
influenced the strength of each
economy, as well as the role of
value chains and value-added
production.
as the role of value chains and
value-added production.
value-added production or no
attempt was made to evaluates the
reasons why the economic growth of
the two chosen economies /
countries varied. Does not discuss
how international trade influenced
the strength of each economy, nor
the role of value chains and valueadded production.
4. Value Added Trade
Measures
(weight 20%)
Thoroughly analyzed how the
failure to use value-added trade
measures distorts trade statistics
from a creative and innovative
perspective.
Thoroughly analyzed how the failure
to use value-added trade measures
distorts trade statistics.
Narrowly analyzed how the failure to
use value-added trade measures
distorts trade statistics or no attempt
is made to analyze how the failure to
use value-added trade measures
distorts trade statistics.
5. Comparative Advantage
in World Trade
(weight 20%)
Thoroughly examined more than
2 industries that have provided
each economy a comparative
advantage in world trade.
Thoroughly examined 2 industries
that have provided each economy a
comparative advantage in world
trade.
Narrowly examined 1 or 2 industries
that have provided each economy a
comparative advantage in world
trade or no attempt is made to
examine industries that have
provided each economy a
comparative advantage in world
trade.