Denmark

Denmark: Differences in Monetary Policies, Exchange Rates and Trade Denmark is a relatively small verdant, located in northern atomic number 63 the county is slightly less than double the sizing of Massachusetts with a GDP of $349.7 trillion at the semiofficial exchange esteem (CIA, 2009). The sh are policies of Denmark are highly supporting of the concept of unfreeze trade, and facilitate free trade. According to the humanity Bank Denmark is ranked 25th in terms of trade polity subsequently the 125 countries (World Bank, 2009). The international trade policies which are adopted a highly aligned to the EU, which is a superstar market and implements fit in trade policies, both mingled with members, and mingled with EU members and non-unionmembers. Therefore, thither no unilateral to trade barriers employ against the US by Denmark, however, is the countrys plot of the European Union on that point is the implementation of the plebeian trade tariffs which are implemen ted on courts to topple into the EU from whatever non-EU country (World Bank, 2009). The neighbourhoodis typically amongst 5% and 14% on industrial goods, the same reappearance aim as the US would have to pay on any goods that were being exported into any other EU country (World Bank, 2009).

As part of the EU in that location are overly further trade restrictions on groups which are covered by the Common Agricultural Policy, such(prenominal) as olive oil, beef, grains and rice, in which there are duties on it is payable. James the common agricultural policy is to equalize prices between goods which are imported into the EU, and those within the EU (World Bank, 200! 9). With the high level of integration with the European Union is unsurprising that its major art better halfs are within that region with $114.9 one thousand thousand in exports and $116.4 billion in imports. The main trading partner is Germany, which in 2008 takes 17.9% of the countrys exports, followed by Sweden at 14.5%, United Kingdom and 8.3%, Norway at 5.7%, the United States at 5.3% France at 4.8% and the Netherlands at 4.6% (CIA,...If you want to bestow a in full essay, order it on our website: OrderCustomPaper.com

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