A Comparative Analysis of Trade Openness between Sweden and Italy

Running head: INTERNATIONAL TRADE
INTERNATIONAL TRADE
Name of the Student
Name of the University
Author note

1INTERNATIONAL TRADE
Table of Contents
Headline.....................................................................................................................................2
Data analysis..............................................................................................................................2
Step 4: Technical analysis..........................................................................................................8
Answer a)...............................................................................................................................8
Answer b)...............................................................................................................................9
Answer c).............................................................................................................................10
Answer d).............................................................................................................................10
Answer e).............................................................................................................................10
Reference list............................................................................................................................11

2INTERNATIONAL TRADE
Headline
A comparative analysis between the Trade Openness of Sweden and Italy
Data analysis
Step 1
Figure 1 Openness of Trade
Sweden Italy
SWE ITA
Year Trade Openness Trade Openness
2003 76.15% 46.27%
2004 79.29% 47.54%
2005 84.57% 49.41%
2006 88.79% 53.29%
2007 89.54% 55.21%
2008 93.36% 54.72%
2009 83.14% 45.61%
2010 86.90% 52.35%
2011 88.66% 55.58%
2012 87.72% 56.18%
2013 83.09% 55.47%
2014 85.75% 55.76%
2015 86.24% 56.92%
Figure 2 Gini Co-efficient
Sweden (SWE) Italy (ITA)
Year GINI index (World Bank
estimate)
GINI index (World Bank
estimate)
2003 25.30 34.90
2004 26.10 34.30

3INTERNATIONAL TRADE
2005 26.80 33.80
2006 26.40 33.70
2007 27.10 32.90
2008 28.10 33.80
2009 27.30 33.80
2010 27.70 34.70
2011 27.60 35.10
2012 27.60 35.20
2013 28.80 34.90
2014 28.40 34.70
2015 29.20 35.40
The figures clearly shows a comparative view numerically regarding the trade
openness of the two countries namely, Sweden and Italy. The trade openness is being
measured by summing up the total amount of exports and imports accomplished by each of
the country with respect to per unit of GDP of each of the country respectively. The graphical
representation of the trade openness of the two countries namely Sweden and Italy from 2003
to 2015 can be shown as follows:
0 2 4 6 8 10 12 14 160
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0.2
0.3
0.4
0.5
0.6
0
0.1
0.2
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1
Italy (ITA) Trade Openness Sweden (SWE) Trade Openness
Figure 2: graphical Comparison of Trade Openness in case of Italy and Sweden