Germany – A Leading Economy with an Arguable life Quality

"Vorsprung Durch Exports" translated as "Advance through Export" was posted on "Printed Edition" on "Economist" online version on February 3, 2011. Anonymous writers focus on the economic performance of the G7 member countries, mainly Germany. Compared with the rest of the G7 countries, Germany has achieved the highest performance in the last decade. The GDP growth rate is 6%, and Germany is superior to most other wealthy countries including the United States. In addition, the author also introduced German growth of per capita GDP compared to the United States.

Germany boasts strong exports. They are evidence of high quality products and competitive companies, ensuring employment, growth and prosperity. However, Germany's exports have exceeded imports for many years. This leads to export surplus, which is often criticized internationally like the United States. German exports in 2017 amounted to 1,272.7 billion euros, imports amounted to 1,344 billion euros and export surplus amounted to approximately 245 billion euros. In 2017, the United States was one of the most important trading partners in Germany, Germany sold 11.5 billion euros of goods, but purchased items from the United States were only 61.1 billion euros. Therefore, even in the United States alone, Germany has produced export surplus of more than 50 billion euros.

The economy of the business model is largely based on exporting high quality goods to the world. The value of products exported from Germany is worth € 127 billion, of which nearly 9% is for the US market. In particular, the export of German car manufacturers to the US far outpaces the export of the US automobile industry to Germany. Well, what happens in the world where German manufacturers are hard to export to the US? According to Mr. Trump's logic, they will cut exports and invest in US production facilities to supply domestically produced vehicles for the US market. This should produce the work of the manufacturing industry that has been lost in the past 30 years. In a word, protectionist measures like the border tax proposed by the trump should make the United States again wonderful.

Nigeria should have the largest airline in Africa. Logic is simple. In Europe, Germany has the biggest economy, Lufthansa is unquestionably the biggest airline. Logic is still valid when you say British Airways / Iberia is the largest airline, as you increase the economy of England and Spain. There should be a correlation between economic scale, population, size, and / or the importance of air transport. This is the first time that I heard that there is a correlation between the size of the economy and the scale of the airline. But even though we take this argument seriously - what's the biggest airline? fleet? Passengers carry? income? Beginning airline comparisons, each of these metrics may have different results - China Airline has passengers with a large population of that country's population, but which Chinese airlines also have Southwest I can not get the same as airline. Revenue The number of aircraft owned by Turkish Airlines for British Airways or Emirates is higher than that of Lufthansa.