workshop questions

Workshop question 1: Is the GDP concept a good measure of wellbeing (welfare)? Compare the welfare of any 2 countries using GDP per capital and the United Nation’s Human Development index (HDI).2. explain Keyne’s view on the stability of the market economy. How realistic is this assessment? use the example of any three countries to highlight your answer.3. Explain the theory of comparative advantage. List the assumptions of this theory. How realistic are these asuumptions? Your answer should assess any four of these assumptions. Briefly explain the implications for international trade of your assessment of these assumptions?