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Historic trading blocs include the Hanseatic League, a Northern European economic alliance between the 12th and 17th centuries, and the German Customs Union, formed on the basis of the German Confederation and subsequently the German Empire from 1871. Surges of trade bloc formation occurred in the 1960s and 1970s, as well as in the 1990s after ...
As of 2013, Germany is the third-largest exporter and third-largest importer in the world, producing the largest trade surplus as a national economy. The German economy practically stagnated in the beginning of the 2000s. The worst growth figures were achieved in 2002 (+1.4%), in 2003 (+1.0%), and in 2005 (+1.4%). [76]
An economic union is a type of trade bloc which is composed of a common market with a customs union. [1] The participant countries have both common policies on product regulation, freedom of movement of goods , services and the factors of production ( capital and labour ) as well as a common external trade policy.
This list depicts the membership of European countries in selected international organisations and treaties. Table State ... Germany: 0.950 53,970 55,521 UN: CoE:
Closer Economic Relations; Common Economic Space of the Commonwealth of Independent States; Common Market for Eastern and Southern Africa; Community of Sahel–Saharan States; Community preference; Comprehensive and Progressive Agreement for Trans-Pacific Partnership; Council of Arab Economic Unity; Council of the Americas; Customs union
This is a ranked list of the ten largest trading partners of Germany in 2019, based on data from the Federal Statistical Office of Germany (Destatis). [1] In 2016, China became Germany's largest trading partner and has retained that spot for the years since then (2016, 2017, 2018, 2019).
ASEAN–Japan Comprehensive Economic Partnership (AJCEP), in effect as of 1 December 2008 [10] ASEAN–Korea Free Trade Area (AKFTA), in effect as of 1 January 2010 [ 11 ] ASEAN–Australia–New Zealand Free Trade Area ( AANZFTA ), in effect as of 1 January 2010 [ 12 ]
However, their membership is characterized by boundaries and demarcations characteristic to a defined and unique geography, such as continents, or geopolitics, such as economic blocs. They have been established to foster cooperation and political and economic integration or dialogue among states or entities within a restrictive geographical or ...