What are some of the reasons why France has become a junior economic partner to Germany?...

What are some of the reasons why France has become a junior economic partner to Germany?

	a.	Laws reduced nimbleness of companies to respond to changes in economic conditions limited.
	b.	Labor agreements dictate less work hours per week compared with competing countries and reduce flexibility of workers to perform different tasks.
	c.	Labor unions and farmers disrupt commerce to prevent changes to laws and agreements proposed to reduce Government costs (i.e., subsidies) or improve economic efficiencies (i.e., competitiveness).
	d.	A and C only.
	e.	All of these choices.

Expert Solution

ans ) e ) All of these choices

The unemployment rate is high in France.There is low workforce participation rate that is labours work foe only few hours.As the workers unemployment rate is high Low productivity workers are prevented with high minimum wages.only 64.4 % was employed in 2020.workeres flexibility is also reduced to perform different tasks by dictating less hours per week .The Germany performed very well increasing GDP thus France has become a junior economic partner to Germany.Economic efficiency of Germany has improved

Rahul Sunny answered 2 years ago

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