United Kingdom

Sayyana
Sayyana kontham

Country Expert
   

The United Kingdom (UK) consists of England, Scotland, Wales, and Northern Ireland. This region practices a free market economy, which means that buyers and sellers have most of the decision-making power and are not restricted by government policies. The economy of the UK is the fifth largest in the world when measured by nominal gross domestic product (GDP). Additionally, it is the second largest economy in the European Union (although it has recently voted to terminate its membership).
The UK has large coal, natural gas, and oil resources. Services, particularly banking, insurance, and business services, are key drivers of British GDP growth.
In 2018 United Kingdom imported a total of $651B, making it the number 6th trade destination in the world.
In 2018 United Kingdom exported a total of $464B, making it the number 9th exporter in the world.
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Place : Manchester, United Kingdom.

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