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• Fourth largest economy, Export driven, Strong industrial Base, Famous for
Economic automobile industry
• High standard of Living, Social security, Low unemployment
• Own laws, however these are also now influenced by European Union laws
Legal • Strict law adherence, Contracts are valued and enforced
• 7th largest economy, Strong industrial and automobile base, GDP growth low
Economic • Famous for wine, food, cheese, fashion and tourism, High standard of Living
• Social security, Higher taxes and High unemployment
• Social disparities, Crime rate high, Majorly catholic, Language and cultural pride
Social • Family valued, Multi-cultural, Migrants population increasing
• Labor unions do cause business disruptions, Large number of graduates
• Third largest economy, GDP growth low, Free markets, Export driven, Strong
Economic industrial Base, Famous for automobile industry
• High standard of Living, Low unemployment
• 6th largest economy, Export driven, Diverse Economy, Strong industrial Base,
Economic Known for few automotive OEM‘s such as JLR, Aston-Martin & Bentley.
• High standard of Living, GDP growth slow, Low unemployment
• Low inflation, Strong industrial base, Known for automotive OEM‘s e.g. Volvo.
Economic • High on natural resources. Services contribution to economy (72%)
• High standard of Living, GDP growth high, Low unemployment
• Second largest economy, high growth & export-levels, strong industries, Growing
Economic vehicle market
• Auto industry foreign OEM‘s driven, High inflation, Increasing property prices
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