Macroeconomic Analysis of Canada and North Korea

ECONOMICS

Executive Summary
This paper contains a report that discusses the macroeconomic analysis of two different
countries. The countries chosen for the study is completely different from the other one in
terms of governance, policies and many more. The countries selected for the analysis in
Canada and North Korea. The study finds out that the current account deficit is the main
problem of the Canadian economy and insufficient aggregate demand is the problem of the
North Korean economy. With regard to the global economy, the Canadian economy is more
vulnerable to the global economy compared to North Korea as it is an isolated economy.

Contents
Introduction................................................................................................................................3
Issues faced by Canadian and North Korean economy..............................................................3
The coping mechanism of Canadian and North Korean economy with global economy..........4
Conclusions................................................................................................................................5
Reference....................................................................................................................................6