Foreign Economies: Homeschool Assignment

Instructor: Megan Sarkisian
Students completing this assignment will be able to explore the characteristics of a foreign economy and summarize their findings.

Assignment Instructions for Students

To better understand the strengths and weaknesses of a foreign economy, research another country's economy and write an essay (4-5 paragraphs) summarizing your findings. In the essay, outline the following:

  • Which sectors are most important for that economy (Agriculture? Mining? Manufacturing?)
  • What taxes and tariffs are levied on imports and exports?
  • Who are the main export and import trade partners?
  • What is the current exchange rate for the country's currency into US dollars?

Be sure to cite sources found during your research on a separate works cited page.

Assignment Rubric for Parents

To unlock this lesson you must be a Member.
Create your account

Register to view this lesson

Are you a student or a teacher?

Unlock Your Education

See for yourself why 30 million people use

Become a member and start learning now.
Become a Member  Back
What teachers are saying about
Try it risk-free for 30 days

Earning College Credit

Did you know… We have over 200 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.

To learn more, visit our Earning Credit Page

Transferring credit to the school of your choice

Not sure what college you want to attend yet? has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.

Create an account to start this course today
Try it risk-free for 30 days!
Create an account