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Essay / Research Paper Abstract
A 9 page paper that begins with a general report and description of this principality located between Austria and Switzerland. Demographics are included and the writer comments about the country's problems with secrecy practices. The paper explains the country's feelings about foreign investment, types of enterprises that can be established and the tax rates for businesses and how to open a business. Bibliography lists 10 sources.
Page Count:
9 pages (~225 words per page)
File: MM12_PGliech.rtf
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Unformatted sample text from the term paper:
the Rhine Valley occupying the western third of the area (Central Intelligence Agency, 2008). Liechtenstein has a population of approximately 34,498 people with almost 70 percent of the population
between the ages of 15 and 64 (Central Intelligence Agency, 2008). The median average age is 40.5 years (Central Intelligence Agency, 2008). Liechtenstein has a 100 percent literacy rate (Central
Intelligence Agency, 2008). For an employer, these data offer insight into the labor pool. The unemployment rate is just over 1 percent (Central Intelligence Agency, 2008; lowtax.net, 2007a). Almost 14,000
people commute from Germany, Austria and Switzerland to work in the Principality each day (Central Intelligence Agency, 2008; lowtax.net, 2007). Of the near 30,000 workers in the state, the majority,
51 percent work in the service sector, 47 percent in industry and 2 percent in agriculture (Central Intelligence Agency, 2008). Liechtensteins standard of living is at least as high as
is found in its larger neighbors (lowtax.net, 2007a). GDP is about $36,000 with inflation below 2 percent and the Principality has no external debt (lowtax.net, 2007a). Although it is
small, Liechtenstein has become particularly strong in the finance sector. The CIAs World Factbook comments: "Despite its small size and limited natural resources, Liechtenstein has developed into a prosperous, highly
industrialized, free-enterprise economy with a vital financial service sector" (Central Intelligence Agency, 2008). It followed the examples set by Switzerland in this arena and, in fact, its currency is the
Swiss franc (Central Intelligence Agency, 2008). The two countries participate in a customs union together (Central Intelligence Agency, 2008). Due to the lack of natural resources, Liechtenstein must import more
than 90 percent of the energy it uses (Central Intelligence Agency, 2008). The country is also working towards joining the European Union. They are part of the European Economic Area
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