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What is the Gross National Income of European Union?
The European Union has the largest economy in the world at US$16,242,256,000,000
Which country has the worlds second largest economy?
The US has the second largest economy in the world, as the European Union has the largest economy, although not a nation. Out of countries, China has the second largest economy.
What is the big economy does Europe have?
The country with the largest economy in Europe (and 4th largest in the world) belongs to Germany. However, the truly largest economy in Europe (and of the world) belongs to the European Union.
What is Europe's largest economy?
The European Union, which also has the largest economy in the world, at about US$16 trillion. However, Germany is the country with the largest economy, at about US$3 trillion.
What is Europe's economy?
The European Union, which also has the largest economy in the world, at about US$16 trillion. However, Germany is the country with the largest economy, at about US$3 trillion.
Is the European Union the best international organisation?
Yes it is! It has the largest if not the biggest combined economy in the world.
Does the US have the world's largest economy?
Out of any sovereign nation, yes. However, the largest economy belongs to the European Union, whose economy is about 20% larger than that of the United States'.
Which European country is now the number 3 economy on the planet?
Japan has the 3rd largest economy in the world, and it is an Asian country, not European. Germany is the 4th largest economy in the world, and it is a European country.
Do United States have good economy?
Yes the US has the world's second largest economy at $14.5 trillion. (the European Union has about $16.5 trillion) However the US has the largest economy of any nation, since the EU is not a nation.
Why is Europeans important?
The European Union is considered a world-power by some. It is a large organization that covers much of Europe and involves a wide-scale population and has the largest economy in the world. It is crucial to the global economy and to Europe.
What was Belgium's economic situation before it joined the EU?
Prior to joining the European Union, Belgium's economy had been devastated by World War II. However, the Belgian economy saw a rapid increase of industry production due to joining the European Union and hosting NATO's headquarters. Today, Belgium's economy is the twenty-fourth largest economy in the world. It has been hit hard by the European Economic Crisis, and has been suffering with a large public debt ratio for years.
Which countries has the largest economy Europe?
GermanyFranceUnited KingdomItalyRussiaSpainNetherlandsSwitzerlandPolandBelgiumSwedenNorwayAustriaDenmarkGreeceFinlandPortugalIrelandCzech RepublicRomaniaCollectively, 27 European nations (to be 28 by July 2013) form the European Union. This organization has the largest economy in the world when compared among countries and may even fuse together as one nation in the future. Some people already consider it a nation.
