Maps to explain economic geography.
The majority of countries (131 nations and 4 dependent territories) use their own currency, 14 countries and ten dependent territories using their own money and currency of another country. And 12 nations don’t have their currency instead of using another country’s currency. In addition, there are 5 monetary unions (Euro, CFP frank East Caribbean Dollar, West African and Central African CFA franks).
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The United States and the European Union are the two most developed country/supranational organization. But the US and the EU are not only partners but also competitors, especially in the worldwide marketplace.
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30 years after the German reunion, there are still boundaries separating East and West Germany, although those are no political borders anymore.
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World military expenditure is measured to have been nearly $2 trillion in 2019, the highest level since 1988, and it continues to grow. Global military spending increased in each of the five years from 2015, has declined firmly from 2011 until 2014 following the world financial crisis.
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Since the U.S. Congress enacted the Fair Housing Act in 1968, wealth amongst white households has significantly increased while wealth in black households has frozen. HowMuch.net took a glance at the data concerning the median income gap within Black and white households in the U.S.
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Happiness connects with many life factors: GDP per capita, social support, healthy life expectancy, freedom to make life choices, generosity, and the absence of corruption. Which country is the happiest?
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Choosing whether or not to tip is the natural part; the real difficulty lies in determining how much to tip. Too little might be considered an offence. Too much and you could be viewed as vulgar or proud. In places like China and Japan, practically all tipping is seen as rude, and it’s just not done.
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China has grown the world’s greatest trading country, replacing the U.S. from its usual dominance as a trading partner for other nations around the globe.
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he estimated average GDP per capita of all of the world’s countries is Int$18,381 (2019). Luxembourgers have the highest per capita gross domestic product in the world. According to the International Monetary Fund, in 2021, the GDP per capita in Luxembourg amounted to about US$122,740.
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Around the world import a total of $19.87 trillion in goods and services every year. The United States is the world’s biggest importer, while China is the biggest exporter in the world.
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