France

Market, Economy, Government

Summer Murphy

Paris, France
Capital City of Lights
Population: 2.211 million (2008)

Government

Type: Presidential Republic

Uses the constitution of

the Fifth Republic
established in 1958
The head is the
President Francois
Hollande

Governments
Influence on
Economy

62nd freest economy [in the 2013 Index]

Improvement in investment freedom
Limited government, causing the debt to rise
(more imports than exports)
Economy hasnt grown in five years due to
government administration ignoring problems
Labor market is stagnant
Hurt competitiveness
Increased unemployment
Property rights and contract enforcement are
secure
Rule of law is strongly maintained
Anti-corruption methods are in place to instill
government integrity

Exports
Primary Exports:

Machinery
Transportation
equipment
Aircraft
Plastics
Chemicals
Pharmaceutical products
Iron and Steel
Beverages
Petroleum

Primary Export
Partners:
Germany (16.7%)
Belgium (7.5%)
Italy (7.5%)
Spain (6.9%)
UK (6.9%)
US (5.6%)
Netherlands (4.3%)

Earnings from
Exports

$567.1 billion U.S. dollars

(419638688300.00Euros)
The 6th largest exporter in the world

Imports

Primary Imports:
Commodities

Machinery/Equipme
nt
Vehicles
Crude oil
Aircraft
Plastics
Chemicals

Primary Import
Partners:

Germany (19.5%)
Belgium (11.3%)
Italy (7.6%)
Netherlands (7.4%)
Spain (6.6%)
UK (5.1%)
China (4.9%)

Money Spent on
Imports

$641.3 billion U.S. dollars

(474,544,684,900.00Euros)
The 5th largest importer in the world

Currency

Uses

Euros

Introduced January 1,
2002
58.5 million people
use this single
currency

Exchange Rate

Euro

U.S. Dollar

U.S. Dollar

Euro

0.50

0.67

0.50

0.37

1.00

1.35

1.00

0.74

2.00

2.69

2.00

1.48

5.00

6.74

5.00

3.71

10.00

13.47

10.00

7.42

20.00

26.94

20.00

14.85

50.00

67.36

50.00

37.11

Resources

http://
country-facts.findthedata.org/q/98/14298/What-type-of-government-does-Franc
e-have
http://
www.globalsmes.org/news/index.php?func=detail&detailid=513&catalog=24&l
an=en
https://www.google.com/search?q=what+is+france's+currency&oq=
what+is+france's+currency&aqs=chrome..69i57j0l5.2578j0j8&sourceid=
chrome&espv=210&es_sm=93&ie=UTF-8
http://coinmill.com/EUR_USD.html
http://export.gov/france/doingbusinessinfrance/index.asp
http://www.economywatch.com/world_economy/france/export-import.html
http://www.heritage.org/index/country/france
http://about-france.com/political-system.htm
http://
www.spiegel.de/international/europe/economic-decline-in-france-the-failed-lead
ership-of-hollande-a-903732.html
https://
www.cia.gov/library/publications/the-world-factbook/rankorder/2078rank.html
http://www.geohive.com/charts/ec_exim2.aspx