Question

For Export Marketing Plan Project, explain in details the following about the country of Montenegro

FOR THE COUNTRY OF MONTENEGRO

1. Distribution of Wealth: (FOR THE COUNTRY OF MONTENEGRO)

I. Personal income per capita

II. Average family income

III. Income classes

IV. Proportion of the population in each class

2. Exchange Rates (FOR THE COUNTRY OF MONTENEGRO)

I. Single or multiple exchange rates?

II. Current rate of exchange

III. Trends

3. Inflation rates (FOR THE COUNTRY OF MONTENEGRO)

4. International Trade Statistics (FOR THE COUNTRY OF MONTENEGRO)

I. Major exports: dollar value and trends

II. Major imports: dollar value and trends

Answer 1

At the past decades,Montenegro is the part of serbia.after 2006 it got independence from that country
Distribution wealth is not a fair or equalised manner but having an inequality in the wealth distribution .because of most percentage of income in the hands of some groups and other groups always living in the poor and not perfect income distribution manner.In 2010-19 the average rate of this was 12.30 or 20%.

Personal income per capita as per the data if world bank is 3.6 % or 8,832.

Average family income also 350 DEM per head.
Income classes mainly some clusters based and household income and also individualised personal income.
Proportion each classes are based on various sectors frst on agriculture sector 7.5 % and industrial sector 15.9% and service sector 76.6.

Exchange rate mainly currency in euro based and exchange rate with us dollar 0 .8545

And it follow multiple exchange rate.
The exchange rate trend is based on the us dollar and sterling pound or japaence yen .

Inflation rate is an average 2.61% and having change .23%
International trade statistics is greater in their gdp contribution that most of the share distributed from the foreign trade.
Major exports in the latest date $ 475 million and import $ 3.51billion. exports like aluminium,zinc metals and petroleum etc and
Imports mainly car and other vehicles packaged medical items etc.