Within the International Trade
25 October 2013
Table of contents Table of contents 1
1. Short Introduction 2
2. Economic data of USA 2
a. Development of GDP 2
b. Unemployment rate 3
c. Credit rating 4
3. SWOT analysis 4
4. Imported/exported goods 6
a. Imported goods (2011) 6
b. Exported goods (2011) 6
5. Integration of international or regional trade agreements 7
6. Taxing conditions 8
7. Labor Cost 10
8. Main transport infrastructures 11
Introduction
1. Short Introduction
Britain 's American colonies broke with the mother country in 1776 and were recognized as the new nation of the United States of America following the Treaty of Paris in 1783. During the 19th and 20th centuries, 37 new states were added to the original 13 as the nation expanded across the North American continent and acquired a number of overseas possessions. The two most traumatic experiences in the nation 's history were the Civil War (1861-65), in which a northern Union of states defeated a secessionist Confederacy of 11 southern slave states, and the Great Depression of the 1930s, an economic downturn during which about a quarter of the labor force lost its jobs. Buoyed by victories in World Wars I and II and the end of the Cold War in 1991, the US remains the world 's most powerful nation state. Since the end of World War II, the economy has achieved relatively steady growth, low unemployment and inflation, and rapid advances in technology.
We can see that USA is the most stable democracy worldwide, with no war on its territory for more than 150 years, and has kept the same political for the same period: this make the USA the oldest democratic system still working. To follow that historical information, we will see the current economic situation of the United States.
2. Economic data of USA
a. Development of GDP
The United States has the
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