The economy of the united states

Disponible uniquement sur Etudier
  • Pages : 3 (720 mots )
  • Téléchargement(s) : 0
  • Publié le : 28 mars 2011
Lire le document complet
Aperçu du document
The economy of the United States

A/ First economic power
First, I will talk about the economy of the United States, which is the world's largest national economy.
As we can see, the GrossDomestic Product of the US was estimated to be $14.62 trillion in 2010 , which represents six times the GDP of France and a quarter of nominal global GDP. Moreover, the US has a GDP per capita among thehighest of the world.
But the economic power of the country can also be explained by its trades. In the graph, we can see that the US realizes 11% of the world trade : Several treaties offree exchange and economic cooperation (NAFTA North American Free Trade Agreement, APEC Asia Pacific Economic cooperation) favor their trades with the rest of the world. And today, It is the largestimporter of goods and third largest exporter.

B/ Financial success
In addition to its economic success, I will talk about the financial success of the US.
The US dollar
First, theU.S. dollar is the currency most used in international transactions and several countries also use it as their official currency.
Since the conference of Bretton Woods in 1944, the dollar replaced thegold and is the reference currency : it constitutes about 65 % of the monetary reserves of the central banks, compared to around 25% for the next most popular currency, the Euro.
POWERPOINTThe American stock exchanges
The country is also the world's largest and most influential financial markets and NYC is the financial capital of the world, thanks to :
The New York StockExchange which is the world's largest one : it is more than three times larger than any other stock exchange in the world
Finally, outside NYC, the Chicago Stock Exchange is the largest in theUS

Foreign investments
To finish, the financial success is also due to the US foreign investments.
Since the 1960s, the United States economy absorbed savings from the rest of...