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Greenfield Facility - Norway Or Germany

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Essay / Research Paper Abstract

A 4 page paper that discusses expanding into Germany, an EU member, or Norway, which is not an EU member. The paper discusses the highlights of the business environment in each country and recommends one over the other. Bibliography lists 9 sources.

Page Count:

4 pages (~225 words per page)

File: ME12_PG691864.doc

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Unformatted sample text from the term paper:

Norway is not. The Norwegian public has twice voted against joining the EU. The country has close relations with the EU and benefits from some other agreements. The Agreement on the European Economic Area (EEA) is an agreement that encompasses Norway, Iceland, and Liechtenstein and assures four freedoms which are the freedom of movement of capital, services, goods, and persons, which extends the Internal Market (European Economic Area, 2009). This places Norway in a special position because the countrys agreement with the EU provides many of the benefits of the Union, such as equal competition, but without some of the restrictions. West Germany was a founding member of the European Union. This regional organization came into formal existence in November 1993 following ratification of the Maastricht Treaty but it really began in terms of ideology soon after World War II and following ratification of numerous treaties (Duke Law, 2011). The EU is comprised of numerous bodies, including European Commission is the executive body of the EU; the Council of the European Union is comprised of members of each member nation and is the major decision-making body; and the European Council is a meeting of representatives of member states as well as heads of governments, among others (Duke Law, 2011). The trade policies of Germany are governed by the EU policies, however, each member country does have autonomy in terms of the freedoms identified as part of the EEA along with other freedoms, which include trade and business freedom. Germany is one of the worlds most dynamic economies and boasts both investment and business freedoms (Heritage Organization, 2011a). Germany has an entrepreneurial spirit which helps companies to establish business in the country. The average rate of inflation between 2007 and 2009 was 0.9 percent, a very low rate (Heritage Foundation, ...

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