Thursday, June 20, 2019
Project Statistics Example | Topics and Well Written Essays - 1000 words - 1
Statistics Project ExampleThat is, an increase in Qatars GDP by one unit leave behind increase the note value of Qatars exports by 4268.572. An increase importing countrys GDP by one unit will increase the value of Qatars value of exports by 294.0738. On the other hand, an increase in distance by one unit will increase the value of export by 20763.51. from the analysis above, it is clear that distance is the greatest contributor of value of exports.The GDP of Qatar was valued at $192,390,104,345 billion in 2012. The Gross Domestic harvest-home value of Qatar represents 0.30% of the worlds economy. Between the years 1970 and 2012, Qatars GDP was averaged at $27.03 Billion reaching an all-time high of $192,390,104,345 billion in 2012 and small-scale of $0.30 in 1970. The World Bank is the principal reporter of Qatars GDP. To understand the link between real GDP and the imports of cereals in Qatar, it is important to examine the indicators of worldwide trade. It is important to no te that the distance from the location of a commodity will affect the costs of obtaining the same commodity. It is therefore prudent to obtain the commodity at a market that will not increase the prices of the goods. The volume of international trade will depend majorly on the GDP of a nation. This implies that productivity and custom level of an economy are directly linked. An increase in the production limits in a country will result in a comparative increase in real GDP of that country and
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