What are the important key historic factors? For example, did the country recently receive independence or become a member of the World Trade Organization or something else? What is the current economy like? Is it going through some sort of economic crisis or recession?
3) Definitions
Define each variable (Five listed above) and explain how they are determined.
Explain why each variable is an important economic indicator and why these numbers are important to you or to people in that country. In other words, what will the real impact of these forecasts going to be on the people?
4) Five Year Average Predictions/Calculations
For the calculation and actual numbers of your predictions, the basic approach will be to calculate a five-year average for each of the five forecast variables.
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