Sweden
By: Amy Argueta
Sweden's Government?
Sweden has a Parliamentary Democracy type of government. What is Parliamentary Democracy? It's a democratic form of government where the party with the most representation in the parliament leading you to become Prime Minister/Chancellor
Sweden's Population
9,851,852 people
Refined Petroleum with 6.9%
on 2014 Sweden exported $159 Billion
Packaged Medicament by 4.2%
31st largest exporter in the world
vehicle Parts by 3.5%
Sweden has had an increase at annualized rate of 4.7%
High imports on Crude Petroleum by 7.2%
Sweden is the 29th largest importer in the world
5.3% imports in Cars
Sweden has imported $154 billion
Refined Petroleum by 4.8%
6.2% increase in annual rate in Sweden
Swedish currency is Kronor
1 Kronor is 13.16 Yens
1 Kronor is .12 Cents in US Dollars
https://youtu.be/XkJR-aBoZul
My Summary on Sweden Trade
Sweden's economic competition has been secured by solid institutional foundations for open-market system and has a strong protection of their property rights and applies to the law. Sweden is pen to trade with anyone, they even trade with North Korea and have transparency and encourage entrepreneurship activity
Pros and cons of trading with Sweden
Pros - Sweden is the 11th easiest country to trade/do business with according to the World Bank Report 2015
Open minded, Modern, Strong currency, and English is widely used
Cons - May be trade barriers
Quantitative import restrictions
Benefits - Stable economy, friendly bureaucracy and pioneer in new technologies and consumer trends