Preview

International Trade Oppotunitiesnwith the Uk, Germany, and China

Better Essays
Open Document
Open Document
2691 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
International Trade Oppotunitiesnwith the Uk, Germany, and China
INTERNATIONAL TRADE OPPORTUNITIES WITH THE UK, GERMANY, AND CHINA

This assignment is about the trading opportunities and limitations between the UK, Germany and China. This assignment will outline how each country goes about trading, the regulations of trading, and their strategies.

Germany

Germany has one of the top ten largest economies in the European Union. It is a major source of direct investment, and one of the largest buyers of tourism services. Germany's financial health has implications far beyond its' own border: it is one of the world's largest importer. Germany is host of the world's oldest, largest and most important trade fairs. More than ninety percent of new products and technologies are introduced into the German market via trade fairs

Political Structure of Germany

Germany, created by the Basic Law of 1949, is (since the reunification in 1990) a federation of sixteen states, or Länder. Certain competencies, such as foreign affairs and defense, citizenship, customs, currency, air transport and telecommunications, are wholly under the purview of the federal government. In other fields, such as civil and criminal law, refugee matters, public welfare, nuclear regulation and labor law, the state governments share concurrent legislative power with the federation.

Economic in Germany

Germany's affluent and technologically powerful economy - the fifth largest in the world - has become one of the slowest growing economies in the euro zone. A quick turnaround is not in the offing in the foreseeable future. Growth in 2001-03 fell short of 1%, rising to 1.7% in 2004. The modernization and integration of the eastern German economy continues to be a costly long-term process, with annual transfers from west to east amounting to roughly $70 billion. Germany's aging population, combined with high unemployment, has pushed social security outlays to a level exceeding contributions from workers. Structural rigidities in the labour market -

You May Also Find These Documents Helpful

  • Good Essays

    The constitution consisted of 25 federal states, within this there were 4 kingdoms, 12 Duchies, 6 Grand Duchies and 3 free cities. At first the Kaiser had pretty much entire control over all of these states however at this point the Kaiser had great control over each of these states, however each one did have a government which could decide healthcare system, education and justice policies. The states were at this point happy with this situation so on the whole they were content to remain part of Germany.…

    • 598 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    fallen to third behind Japan and Germany in the list of leading export nations (absolute volume basis).…

    • 9742 Words
    • 39 Pages
    Satisfactory Essays
  • Good Essays

    The Weimar Constitution (rules) is set up which makes Germany a democracy with a President, Chancellor and a Reichstag, elected by proportional representation.…

    • 509 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Essays

    • 495 Words
    • 2 Pages

    “..The whole structure of the German economy was unhealthy. An over-reliance on foreign investments left the Weimar economy subject to the fluctuations of the international economy.” McGonigle…

    • 495 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    World War I had an enormous impact on Germany's Economy, One the most powerful European economy became one of the most depleted nations. The first thing that affected German economy was the amount of money spent on the cost of war, activating troops, building equipment, clothing for the troops, food for the troops and appropriate shelter for the troops. Economist's estimate that the amount of money spent by the Germany government would equal 37, 775, 000, 000 in US dollars of the time as well as the cost for war, Germany also say a lot money gone in maintaining the country itself.1 With many of Germany's vested experienced laborer’s gone to fight in the war, most of the jobs performed were done so by women and children, that led to even lower…

    • 141 Words
    • 1 Page
    Good Essays
  • Better Essays

    Germany is a country in Europe with a population of 82,000,000 covering an area of 137,882 square miles. It is mostly dominated with Protestants, Roman Catholic, and other Christians, with some Islam. Germany like all countries in Europe had its tarnished and its shining moments. The lowest point in German history was when Adolf Hitler became…

    • 1440 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Formation - the German Confederation created by the Congress of Vienna had 39 states, each having its dues and tolls on goods passim through its territory. This made goods expensive and hindered trade. For instance, Prussia had 67 different tariff areas within its border after 1815. As such, Germany was economically and commercially the most backward country in western Europe in the early years of the 19th century.…

    • 1435 Words
    • 6 Pages
    Good Essays
  • Good Essays

    The impact of an import tariff in a small nation is entirely unlike then an import tariff from a larger nation. When smaller nations imposes a tariff, it does not affect world prices, however the price of the importable commodity will start to rise, usually by the amount of the tariff for manufacturers and trade in the small nation. When large nations impose a tariff, it will reduce the volume of trade. Large nation tariffs also improve terms of the nation’s trade. Since the volume of trade is being reduced, it tends to lesson the nation’s welfare. However it also can improve the nation’s welfare. It depends on the welfare of the nation to if it actually rises or falls depending on the two conflicting forces.…

    • 726 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    The purpose of the investigation is to answer the question: To what extent did the Soviet Construction of the Berlin Wall affect the economic health of East Germany? The main body of the investigation serves to outline Germany’s economic health while the Berlin Wall is in place. Background information will be given to provide the information as to why the Berlin Wall is affecting East Germany. History, a tv channel, or educational website and The Economic History of Germany, by Thayer Watkins, are evaluated in terms of origin, purpose, value, and limitations. Statistics of the employment rates and other economic indicators will be examined.…

    • 1617 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    International Trade

    • 508 Words
    • 3 Pages

    IBE Week 2 Review – Chapter 2 – International Trade and Foreign Direct Investment Questions and Answers…..…

    • 508 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Before 1871 Germany had been a collection of 39 independent states of varying sizes and power. The largest two states were Prussia and Austria; all of the states were ruled by kings or princes who guarded their power jealously. However since 1815 all the German states had been linked through the German Confederation.…

    • 1431 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    The Great Depression was an immense tragedy that placed millions of Americans out of work and was without a doubt the most severe economic downturn in American history, during the period of 1929-1939. Germany was affected by this because their economy was supported by American loans due to the Dawes Plan of 1924. As America’s economy was in a horrific state, these loans had to be recalled. The loans were to be paid back however Germany was not in a position to do so, therefore German businesses had to close. The workers were sacked and therefore spending was declined. German people were sucked into unemployment and despair. Everyone was involved: factory workers, middle class bank clerks, civil servants, office workers, small farmers, shopkeepers and…

    • 1882 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    History of german economy

    • 1411 Words
    • 6 Pages

    When de Second World War finished in 1945 Germany was divided in two parts, the east part, the German democratic republic was under the influence of the URSS. The west part was formed by the zone liberated by the USA army during the war and also west Berlin ( berlin was in the east part nevertheless the west part was a lander of east Germany and was separated from the rest by the famous Berlin wall) it was a real democracy and a capitalist country.…

    • 1411 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Helmut Kohl

    • 8610 Words
    • 35 Pages

    The current German state, called the Federal Republic of Germany, was founded in 1949 in the wake of Germany's defeat in World War II. At first, it consisted only of so-called West Germany, that is the areas that were occupied by British, French, and American forces. In 1990, five new states, formed from the territories of East Germany—the former Soviet zone, which in 1949 became the German Democratic Republic (GDR)—were incorporated into the Federal Republic of Germany. Since that time, Germany has consisted of sixteen federal states: Baden-Württemberg, Bavaria, Berlin, Brandenburg, Bremen, Hamburg, Hesse, Lower Saxony, Mecklenburg-West Pomerania, North Rhine-Westphalia, Rhineland-Palatinate, Saarland, Saxony, Saxony-Anhalt, Schleswig-Holstein, and Thuringia.…

    • 8610 Words
    • 35 Pages
    Good Essays
  • Powerful Essays

    Germany, officially the Federal Republic of Germany, is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021square km with 81.8 million inhabitants, it is the most populous member state and the largest economy in the European Union. It is one of the major political powers of the European continent and a technological leader in many fields.…

    • 6731 Words
    • 27 Pages
    Powerful Essays