Trade and finance in a global economy

Order Description
This is a group assignment, and I have to write 750 words about how the increase in production of oil in Saudi has affected Venezuela?s economy. More specific, how it has affected trade in the country, currency, import/export, or other important elements of trade and finance. I have attached some pages from our book that I want you to look at and use. For example, read under trade policies for developing countries and use the book as a source and reference from it, and also, the other pages I sent might also be relevant. The part I am writing is a paragraph in the main body and you should write about that Venezuela is a big exporter of petroleum and investigate what the positive and/or negative effects the increase of production in oil has had on the country in terms of finance and trade.

The part should contain one main point, in which is proven developed or illustrated. The discussion must be a logical argument based on research and critical evolution of ideas, set out in ordered and structured paragraphs, not in disconnected sentences, and must be properly references (in cite referencing is important). The references used should in part come from journals (prefer peer reviewed journal articles) or website such as: Journal of international business studies, Academy of management journal, Harvard business review, Google scholar ? peer reviewed articles, Economist.com, nytimes.com, cnn.com etc. Sources such as Wikipedia are not reliable.

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