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China is now the world’s largest exporter of industrial goods followed by the United States and Germany. To many commenters Chinese producers are in direct competition with businesses in the US and the EU. But are they? One way of trying to answer this question is to analyse the product composition of exports from China and compare it with the product composition of exports from the United States and then EU.{%22impl%22:%22client%22,%22params%22:{%22langParam%22:%22en%22}} for China
This PMA asks students to say:
(a) How similar is the product composition of China, US and EU exports of manufactures? Use data for 2014. Construct 2 tables; one for the main product groups under the heading manufacturing* and the other for the sub set of products under the heading machinery and transport equipment. You will to calculate percentages using the data in the attached table. (15 marks).
(b) What, if any, are the major differences between the product composition of manufactures exports from China on the one hand and US and EU exports of manufactures on the other? i.e Chinas export composition compared to the US exports composition and Chinas export composition compared to EU export composition . (15 marks)

(c) By reading some articles can you say why these differences might exist? (50 marks )

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