Question

Please review my work and let me know if there's an error. Please only answer if you know about the subject. Thanks

A Comparative Study of Ecuador Vs Korea Rep Economy Ecuador 8 Billions 8 Ecuador ECU Imports of goods and services (current US$) NE.IMP.GNFS.CD Ecuador ECU Exports of goods and services (current US$) NE.EXP.GNES.CD Ecuador ECU GDP (current US$) NY.GDP.MKTP.CD $80.00 $60.00 $40.00 $20.00 $0.00 1998 2003 2008 2013 2018 From 1998-2003 both import and exports were at $10B and GDP at $30B. Both Exports and imports slowly inclined after 2003 but from 2008-2013 exports surpassed imports a little but declined little bit. GDP after 2003 went up but had an incline in 2013. Korea Rep. $1,800,000,000,000.00 $1,500,000,000,000.00 $1,400,000,000,000.00 $1,200,000,000,000.00 $1,000,000,000,000.00 $800,000,000,000.00 $600,000,000,000.00 $400,000,000,000.00 $200,000,000,000.00 $0.00 Korea, Rep. KOR Exports of goods and services (current USS) NE.EXP.GNFS.CD Korea, Rep. KOR Imports of goods and services (current USS) NE.IMP.GNFS.CD -Korea, Rep. KOR GDP (current USS) NY.GDP.MKTP.CD 1998 2003 2008 2013 2018 In the Korea Rep. graph we see that in 1998 the imports and exports were about the same but GDP was higher than both Imports and exports. From 2008-2013 exports surpassed imports but both stayed steady below $700B after 2013.

Answer 1

There doesnt seem to be any problem with the graph and your description of the graph is also correct. I would suggest you to cite the data source in the graph too.