An overview of the American market
This document was compiled as part of my studies in International Trade and BTS and has been assessed by my teachers. It is based on information collected primarily on the Internet and includes a country study and a study area (following the Supply-Demand-Distribution-Communication), concluding with a cultural analysis to better understand the business environment.
All the information provided is authentic and gathered from reliable sources. This study will therefore provide an overview of this highly competitive and standardized market, in which it is necessary to take certain factors into account. Through the study, we learn that the U.S. offers many opportunities for companies wishing to do business in Uncle Sam's land.
Domestic market of more than 305.9 million consumers in 2008, the U.S. is a framework for investment and development preferred. The United States differ in their size and diversity. This territory of 50 states is united by a common language and a common currency and weighs as much alone as all of Europe. As for New York City it has 7.4 million people with high purchasing power.
The U.S. has the largest economy and most powerful technology in the world, marked by a GDP per capita of 45 552 USD in 2008 and a 1.9% growth (down). The U.S. has one of the largest GDP in the world; it was slightly below the combined GDP of the European Union in 2008.
The U.S. has many natural resources, well-developed infrastructure and high productivity. The country remains a global model that is economically and ideologically. New York, leading an American metropolis and financial center, economic, cultural and artistic world's largest.
The United States is the largest importer of goods and the second largest exporter. U.S. exports account for nearly a quarter of economic growth. Finally, the deficit in goods and services decreased by USD 46.9 billion in 2007 from 758.5 billion dollars in 2006 to 711,600,000,000 in 2007, as exports increased more than imports.
The deficit in goods and services accounted for 5.1% of GNP in 2007 compared to 5.7% in 2006. The trade deficit fell for the first time in five years. Canada is the main supplier with 16% of imports closely followed by China with 15.9%. France is at 10th place with 2% market share.
However, even inevitable, the U.S. market is not easily accessible. The rules are draconian, competition is fierce and only the professionalism and perseverance prevail. In general, the country has reduced trade barriers and coordinated the global economic system. The economy is heavily dependent on asset prices and interest rates, which explains why the country is hard hit by the crisis.
Tags: United States of America; history of America; American market