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In: Finance

does germany have a competitive advantage on the world

does germany have a competitive advantage on the world

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Expert Solution

No, I do not think that Germany has the competitive advantage against the world because the economy of the Germany is not increasing in line with that of overall other developed nation outside the European union, because Germany may be a leader in the European economy but when it comes to valuation of other developed economy outside the Europe, Germany is lagging behind and it does not have a market outside.

Germany is one of the robust economies in the entire European union but the structure of the European union is such that Germany is facing in most of the trouble of the other countries of European union and it is trying to stabilize the performance of other countries in the European union so it has lead Germany not making any substantial mark in the overall world economic because many of the Germany's company have not been able to maintaining a large market outside the European union, Whereas, companies of United States and China has continously acquired larger markets in Asia and Europe so I don't think that Germany will be having any kind of competitive edge over the overall global economy as the growth rate of the Germany is poor and the future prospect of European union does not look good


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