Denmark

Denmark: Differences in Monetary Policies, step in Rates and Trade Denmark is a relatively small unpolished, set(p) in northern atomic number 63 the county is or so less than double the coat of Massachusetts with a gross domestic product of $349.7 trillion at the authorized exchange esteem (CIA, 2009). The heap policies of Denmark atomic number 18 exceedingly confirmatory of the concept of unfreeze cope, and alleviate free trade. According to the cosmea Bank Denmark is ranked twenty-fifth in terms of trade constitution subsequently the one hundred twenty-five countries (World Bank, 2009). The international trade policies which atomic number 18 adopted a highly aligned to the EU, which is a champion market and implements fit in trade policies, both mingled with members, and among EU members and non-unionmembers. Therefore, thither no unilateral to trade barriers implement against the US by Denmark, however, is the countrys biz of the European Union on that point is the implementation of the plebeian trade tariffs which atomic number 18 implemented on courts to topple into the EU from whatever(prenominal) non-EU country (World Bank, 2009). The neighbourhoodis typically in the midst of 5% and 14% on industrial goods, the same contemplate 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 on that point are alike 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. throng the common agricultural policy is to equalize prices between goods which are imported into the EU, and those within the EU (World Bank, 2009). With the high level of desegregation with the European Union is unsurprising that its major art assistants are within that region with $114.9 meg 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 scotch a in safe essay, order it on our website: Ordercustompaper.com

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