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Germany compared to U.S.: 1) Contrast GDP , Population and population growth rat

ID: 1188458 • Letter: G

Question


Germany compared to U.S.:   

1)      Contrast GDP, Population and population growth rate, and HDI, for Germany with the U.S. economy, and comment. For example, if GDP is significantly lower in the selected countries than in the United States, what might this imply?

2)      Discuss the stability of the Germany's currency on the foreign exchange market. Has the value of the U.S. dollar impacted Germany%u2019s currency value?

3)      Analyze whether the trade flows identified reflect the theory of comparative advantage and provide your rationale.

4)      Rate the overall economic well-being for Germany

5)      Determine Germany%u2019s top five exported and imported products for the most recent year available. In addition, find the country's top five trading partners.

Here is the United States data:

GDP: 15094.00 USD Billion

Population: 311.59 Million

Population growth: 0.72 percent

HDI: between 1980 and 2012 United State%u2019s HDI rose by 0.4% annually from 0.843 to 0.937 today, which gives the country a rank of 3 out of 187 countries with comparable data. The HDI of OECD as a region increased from 0.756 in 1980 to 0.888 today, placing United States above the regional average. The HDI trends tell an important story both at the national and regional level and highlight the very large gaps in well-being and life chances that continue to divide our interconnected world.

Explanation / Answer

http://hdr.undp.org/en/statistics/hdi/

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