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A common market is seen as a stage of economic integration towards an economic union [8] or possibly towards the goal of a unified market.. A single market is a type of trade bloc in which most trade barriers have been removed (for goods) with some common policies on product regulation, and freedom of movement of the factors of production (capital and labour) and of enterprise and services.
Germany invested over 2 trillion marks in the rehabilitation of the former East Germany, helping it to transition to a market economy and cleaning up the environmental degradation. By 2011 the results were mixed, with slow economic development in the East, in sharp contrast to the rapid economic growth in both west and southern Germany.
The three cabinet-level ministries responsible for guiding Germany's foreign policy are the Ministry of Defense, the Ministry of Economic Cooperation and Development and the Federal Foreign Office. In practice, most German federal departments play some role in shaping foreign policy in the sense that there are few policy areas left that remain ...
Germany is a pioneer research centre for nanotechnology and materials engineering. [157] Germany's achievements in sciences have been significant, and research and development efforts form an integral part of the economy. [158] Germany is also one of the leading countries in developing and using green technologies.
BERLIN (Reuters) -Germany's main political parties were unveiling their manifestos on Tuesday, offering competing visions to lift Europe's largest economy out of the doldrums while fighting off a ...
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).
Singapore has bilateral agreements with the following countries and blocs: Australia; Brunei; Chile; Costa Rica; Republic of China (Taiwan) [59] European Free Trade Association; Gulf Cooperation Council (GCC) [29] India; Japan; Jordan; New Zealand (separate from the Trans-Pacific Strategic Economic Partnership (see above) and is still in force ...
The Foreign policy of East Germany was characterized by the close ties of East Germany (German Democratic Republic, GDR) to the Eastern Bloc. During its existence, the most important partner was the Soviet Union (USSR), which acted as a protecting power and most important trade and economic partner, which is why the GDR was often called a ...