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This paper is about the performance of trade of the country Colombia. Shown in Figure 1 is a line graph representing the Xn of the country, which can be better known as the net exports. Simply put, it is the difference between exports and imports (Costales, 2000), in this case, the imports being subtracted to the exports.The graph was constructed using the World Bank’s data on the exports and imports of Colombia. The exports and imports of the country were as follows: 21.5 and 19.4 (2000), 21.4 and 22.4 (2005) and 20.8 and 19.9 (2006). The data on the website were in percentage and were simply multiplied to the Gross Domestic Product (83.8 Billion, 122.9 Billion and 135.8 Billion, respectively) to obtain the value of the exports and imports in billion US dollars. The resulting values were: 18.017 Billion and 16.247 Billion (2000), 26.3006 Billion and 27.2838 Billion (2005) and 28.2464 Billion and 27.0242 Billion (2006). All of which were at an increasing rate.Since the Xn, the net exports, was the difference between exports and imports. The imports were just subtracted from the exports. The differences are as follows: 1.76 Billion (2000), -0.9832 Billion (2005) and 1.2222 Billion (2006). It can be seen that there was a decline in the net exports in year 2005. This may be attributed to the increase in imports without due increase in exports. Nevertheless, the net exports increased after 1 year.The values in the year 2000 are results of the El Niño Phenomenon and Asian Financial Crisis, however, the years 2005 and 2006 show the booming economic performance. The growth has been attributed to the election of President Alvaro Uribe in 2002 and to the relatively open and competitive market policies. President Uribe’s administration engaged the country in programs concerned with recovery and security program which caused the turn of events. Whereas the relatively open and competitive market policies attracts exports and investments from other countries. Also, there has been an effort to make the country export-oriented. The ministry of commerce also pursues for the free trade agreements with Canada and the European Union. There is also an effort to be involved in the APEC community.The main imports of the country are: petroleum and petroleum products, plastics, machinery, vehicles, iron and steel, wheat and paper. On the other hand, Colombia exports petroleum, coffee, coal, nickel, emeralds, apparel, bananas and cutflowers.In the year 2005, the decrease in the value of net exports may be attributed to the scarcity of petroleum products in the world. Limited resources in the country would make them unable to export the commodity. This would then affect the other commodities that are being exported because of the use of petroleum products in the production of these commodities.ReferencesMarket of the Month Colombia. Retrieved October 25, 2007, from, A. C., A. E. Bello, M. A. O. Catelo, A. C. Cuevas, G. I. Galinato and U-P. E. Rodriguez. Economics: Principles and Applications. Quezon City: JMC Press, Inc.World Bank Colombia Data Profile. Retrieved October 25, 2007, from,,contentMDK:20535285~menuPK:1390200~pagePK:64133150~piPK:64133175~theSitePK:239419,00.html

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