Humanities 10 Economics Trimester 1
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Chantell & Herry
LEDC (Mozambique)
MEDC (United Arab Emirates)
Citations
Anuttra & Chaeyeong
MEDC (Chaeyeong)
LEDC (Anuttra)
Definition
Joon&Jonathan
MEDC- U.K.
Common Characteristics of LEDC (Joon)
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LEDC- Angola (Joon)
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MLA Angola
Zara and Anna
MEDC- Austria
LEDC- Nicaragua
Nathalia & Ayush (Cool Kid #)
MEDC - Singapore
LEDC- Madagascar
Maria & Joeniel
Haiti
Switzerland
Comparison
Coralie and Bruno
MEDC - Belgium
LEDC - Mozambique
Switzerland
Switzerland is one of the world’s richest and most investment-friendly countries and has a well-developed financial services industry.
the economy relies heavily on precision manufacturing, metals, pharmaceuticals, chemicals, and electronics.
Bribery is almost always a criminal offense, due to broadened anti-corruption laws.
The top federal income tax rate is 11.5 percent
The federal corporate tax rate is 8.5 percent, which, combined with cantonal taxes, can reach 24 percent.
The efficient regulatory framework strongly facilitates entrepreneurial activity, allowing business formation and operation to be dynamic.
Very flexible labour laws
Has some of the worlds greatest agricultural subsidies
Switzerland has a 0 percent average tariff rate. Some non-tariff barriers impede agricultural imports.
Foreign investment is not screened, and the government generally treats foreign and domestic investors equall
As a leading financial center, the highly developed financial sector provides a wide range of financing instruments for foreign and domestic investor
Banks are well capitalized
"Switzerland."
Economy: Population, GDP, Inflation, Business, Trade, FDI, Corruption
. N.p., n.d. Web. 06 Nov. 2014.