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 a ...