United Kingdom

Brieana Tabera

Government

  • Unitary State
  • Constitutional Monarchy
  • Parliamentary System

Population

The United Kingdom has an estimated population of 64.1 million as of a 2013 census.
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Largest Exports of the United Kingdom

  • Cars
  • Gold
  • Crude Petroleum
  • Refined Petroleum
  • Packaged Medicaments

Largest Imports of the United Kingdom

  • Cars
  • Crude Petroleum

Currency

  • Pound Sterling
The exchange rate between a US dollar to their currency is .89 Euro

The exchange rate between a Jamaican dollar to their currency is .0072 Euro

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Exporting is GREAT – the demand is out there

Research Summary

Overall the United Kingdom has a pretty well oriented trading economy almost comparable to the United States. They may have a different government, but there are some similarities in the way they do business in the trading economy.

Pros of Trading with the United Kingdom

  • Greater business efficiency
  • Elimination of anti-competitive practices

Cons of trading with the united kingdom

  • High risks
  • Few trading tools

Bibliography

"Benefits of Trading in the European Union." Nibusinessinfo.co.uk. N.p., n.d. Web. 19 May 2016.

"The Pros and Cons of Trading with a Binary Options Platform." Small Business UK. N.p., n.d. Web. 19 May 2016.
"United Kingdom." OEC. N.p., n.d. Web. 19 May 2016.