Spain

 Spain Article

Sparin

ITALY

Gonzalo Figueroa

Schiller Foreign University

Fuzy

Spain is usually member point out of the Eu. With the of 505, 992 km2 is the 6th largest region in Europe. It has a inhabitants of 46 million and the official dialect is the The spanish language. Talking monetarily, is the 4th largest nation in the Eurozone, the 6th in the Eu and the 14th largest worldwide.

GOVERNMENT

Spain is a Monarchy. The ability is divided in:

Legal power: fundamentally, is responsible for creating laws Executive power: signify Spain internationally

Judicial power: Is in charge of making sure laws are met

ECONOMY

Spain is definitely an advanced region that follows the structure of centrally planned capitalism. Really classify as a high-income country, with a GNI per capita higher than $12, 476

GROSS DOMESTIC PRODUCT

GNI

Total

1 . 349 trillion CHF (2012)

1 ) 494 trillion USD (2012)

Per household

29, 195. 38 USD (2012)

32, 320 CHF (2012)

Move Annex 1 to see the development of these indicators (World Financial institution, 2014) During 2013, their Balance of Payments provides surprised with an unexpected convert, going to have a shortfall to a extra (Go Annex 2 to see the Balance of Payments this year and 2013 (Banco para EspaГ±a, November))

THE COMMANDING HEIGHTS

These sectors will be owned and operated simply by both general public and private firms. The transportation is controlled by a community company, named EMT. Marketing communications were controlled by the state before 1999, when Telefonica S. A was privatized. Today different exclusive companies, like Movistar, Vodafone and Orange colored, control marketing communications. Finally, personal companies, as Gas Normal, UniГіn Fenosa and Endesa, also control energy sector.

SERVICES FURNISHED BY THE STATE AND FUNDED THROUGH TAXES.

The services that are provided by the state are pensions, health care and education. To receive the population pension approach worked 15 years over the last 28 years,...

References: Bajio de EspaГ±a. (November, 2013). Balanza sobre pagos. Gathered from

http://www.bde.es/webbde/es/estadis/infoest/bolest17.html

World Bank. (2014). Retrieved from http://data.worldbank.org/indicator/

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