• Submitted By: ayazoza
  • Date Submitted: 02/23/2009 8:12 PM
  • Category: Business
  • Words: 410
  • Page: 2
  • Views: 346

Ayaz Oza / Tu, Thu 8:00


Country Analysis

The country I did an analysis on is Germany. Germany is Europe’s largest economy and second most population nation. As of 2008 Germany’s Gross Domestic Product (GDP) was 3.818 trillion. Germany has a population of 82,369,552 with a median age of 43 years old. In 1999 Germany became one of the original members of the EU whose currency is the Euro.

Germany is very small compared to the U.S. It is approximately 349,223 sq km, which is fairly small. Germany shares a border with seven nations including France and Poland. Germany is also bordered by the North Sea and the Baltic Sea which make up 2,389 km of coastline. About one third of German land is able to grow crops. The natural resources that can be found in Germany are coal, lignite, natural gas, iron ore, copper, nickel, uranium, potash, salt, construction materials, and timber.

The government that runs Germany is a federal republic. Its capital is Berlin and its president since 2004 is Horst Koehler. Germen legal system includes judicial review and the country is divided into 16 states. The German government is also made up of bicameral legislature consistent of the federal assembly. The judicial branch of German government is called the Federal Constitutional Court. Germany belongs to many international organizations including the WTO, EU, and the U.N.

German economy is not only Europe’s largest but it’s fifth largest in the world. As of the third quarter of 2008 Germany has went into a recession. As of 2008 the labor force was made up of 43.62 million people, 67.8 of which are in the service industry. The unemployment rate was at around 7.9% as of 2008. Last year German exports reached 1.5 trillion dollars. Its three major trading partners were France, US and UK. The commodities that were most exported were machinery, vehicles, chemicals, metals, and manufactures, foodstuffs, textiles. Germany...

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