Thursday, April 25, 2013

International Trade


1. A. Germany exports machinery, vehicles, electric & electronic equipment, and plastics. In 2012 Germany had $1.492 trillion in exports. Germany exports mostly to places like Canada, China, Bangladesh, but mostly exports to China.

B.  Importing merchandise like motor vehicles, chemical products, machinery, oil and gas, and computers. In 2012 Germany had $1.276 trillion imports. The Netherlands, China, France and US were the biggest import partners of Germany. 

2. The exchange rate of the Euro to the US dollar for the past couple years was 0.7838 (2012 est.), 0.7185 (2011 est.), 0.755 (2010 est.). Currently the exchange rate is 1 US dollar equals .77 Euros. 

3. The net migration rate is 0.71 migrant(s)/1,000 population (2012 est.).Berlin, Hamburg and Munich are the most populated cities in Germany and are the places where people are going.  

4. Germany has many allies including the US, the Euro Zone, and Canada. Germany has had some conflicts in the past being on the wrong side of the war for World War 1 and World War 2. 

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