United Kingdom, Europe, open sea, UK, EU membership
Today's Britain has the fourth GNP in the world A long-time favoured economic partner of the US and nurturing enduring ties with its former Empire, the UK is now clearly a European economic powerhouse. Some 60% of its exports and 50% of its imports are with EU partners, with Germany and France ranking second and third behind the US.
[...] Although outside the Euro zone, it is the first financial market place in Europe and enjoys an outstanding banking concentration with 664 firms of which foreign. Apart from its Stock Exchange, London is still the major international centre for transactions in a vast range of commodities. Specialized stock markets include the London Commodity Exchange trading sugar, spices, cocoa, coffee, rubber, etc., the Tea Market, the Wool Exchange, the Metal Exchange, which is the world's premier non-ferrous metals market, and the Bullion Market which is one of the hubs of global precious metals trading. [...]
[...] For Wales, tourism is definitely an option for sustainable economic development Vocabulary : Region : Contiguous areas with common or complementary characteristics or linked by intensive interaction and flows. A functional or nodal region is defined by the functional relations which connect different parts of the region and it is usually centered on a place. A geographic region is a multi-factor region which is determined by both natural and human factors Periphery : A surrounding area, dominated by a central region. Redevelopment : Economic renovation of a blighted area. Devolution : A central government hands powers over to local authorities. [...]
[...] Accordingly Wales is granted large EU subsidies to raise national living standards that lag behind the EU average Yet the extension of the M4 has meant that Cardiff is now a mere two hours' drive from London and within reach of the High Tech Corridor. This contributed to spark off a renewal symbolized by the new Cardiff Bay facilities. Wales boasts two modernised integrated harbours, Port-Talbot and Milford Haven. Finally Wales enjoys natural assets with one fourth of its territory part of the National Parks, while the coast is mostly National Trust property. [...]
[...] The United Kingdom, between Europe and the open sea How does the UK combine its original model with EU membership ? 1 An EU-oriented major power Today's Britain has the fourth GNP in the world A long-time favoured economic partner of the US and nurturing enduring ties with its former Empire, the UK is now clearly a European economic powerhouse. Some 60% of its exports and 50% of its imports are with EU partners, with Germany and France ranking second and third behind the US. [...]
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