International Business and Trade
Summer Class
Prof Nisa Ablan
ACTIVITY 1 - ANALYZING THE PHILIPPINES’ INTERNATIONAL BUSINESS & TRADE
Given the Philippine scenario of its Imports and Exports data as of 2022-2023 as shown by the statistics below, provide a
comprehensive analogy of the state of its international business and trade.
Guide:
1. What does a negative balance of trade mean? What does it imply regarding the state of our economy?
2. Explore the current components of Philippine Exports and Imports. Provide a detailed analysis.
3. Explore the major trade partners of the Philippines. What are the implications on the state of our international business?
Use external analysis tools such as PESTEL to present your case.
4. Data should not be limited to the given above. You may explore and relate other economic indicators to provide support
to your analogies.
5. Please use footnotes to mention your sources if you are going to quote statements - Author, Article, Publication, Year