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in 300 to 400 words, . Why is Germany so successful at international trade? What has happened...

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Economics

in 300 to 400 words, . Why is Germany so successful atinternational trade?
What has happened economically in China during the past twenty-fiveyears?

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4.2 Ratings (551 Votes)
1 Theres no denying Germanys greatly benefited from the euro Through sleeping with more stagnant economies in southern Europe Germany embraced a much weaker currency than would otherwise have been the caseas one of the few countries in the world with a balance of payments surplus would have been much stronger than the euro It has offered German exports a great boost which as a result are cheaper for overseas consumers In 2003 Germany embarked on a program of radical labor market reform triggered by excesses in wage    See Answer
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