1. Economic Relations Between the U.S. and Germany Theme: Economic Issues in German Speaking Countries By: Juliane Baldeweg-Rau

2. Economic Relations Since the Cold War the United States worked closely with Germany in order to improve its economy. Since the Cold War the United States worked closely with Germany in order to improve its economy. Both nations have acted with similar economic interests. Both nations have acted with similar economic interests. Their economic relations are strong because they have two societies with much in common. Their economic relations are strong because they have two societies with much in common. In terms of GDP America ranks first and Germany is fourth. In terms of GDP America ranks first and Germany is fourth. German relations with the U.S. weakened since the Iraq War began in 2003 German relations with the U.S. weakened since the Iraq War began in 2003

3. This image shows the ranks of 30 countries based on GDP

4. Economic Relations Economic Relations between the U.S. and Germany are mostly good. Economic Relations between the U.S. and Germany are mostly good. The Transatlantic Economic Partnership between the USA and the EU was launched in 2007 and it opened up additional opportunities. The Transatlantic Economic Partnership between the USA and the EU was launched in 2007 and it opened up additional opportunities. The US is Germany’s principal trading partner outside the EU and Germany is the US’s most important trading partner in Europe. The US is Germany’s principal trading partner outside the EU and Germany is the US’s most important trading partner in Europe. In terms of the total volume of US bilateral trade (imports and exports), Germany remains in fifth place, behind Canada, China, Mexico and Japan. In terms of the total volume of US bilateral trade (imports and exports), Germany remains in fifth place, behind Canada, China, Mexico and Japan. Currently, the U.S. Is applying pressure on Germany and the EU to increase the importation of US products because of their diminishing power as a result of economic weakness. Currently, the U.S. Is applying pressure on Germany and the EU to increase the importation of US products because of their diminishing power as a result of economic weakness.

5. (Figures from the US Department of Commerce, Bureau of Economic Analysis) 2007200820092010 US exports to Germany (USD billion) 49.454.543.348.2 US imports from Germany (USD billion) 94.197.471.482.7

6. Economic Relations Germany and the United States of America are important to each other for investment destinations. Germany and the United States of America are important to each other for investment destinations. At the end of 2010, bilateral investment was worth USD 317 billion, German direct investment in the US amounting to USD 212 billion and US direct investment in Germany USD 105 billion. At the end of 2010, bilateral investment was worth USD 317 billion, German direct investment in the US amounting to USD 212 billion and US direct investment in Germany USD 105 billion. Germany is the fifth largest foreign investor in the US and ranks eleventh as a destination for US direct foreign investment Germany is the fifth largest foreign investor in the US and ranks eleventh as a destination for US direct foreign investment German companies employ over 800,000 people in the United States and US companies have almost the same amount of employees in Germany. German companies employ over 800,000 people in the United States and US companies have almost the same amount of employees in Germany. Germans are the third largest foreign employers in America and the US is the largest inter-continental foreign employers in Germany. Germans are the third largest foreign employers in America and the US is the largest inter-continental foreign employers in Germany.

7. 2007200820092010 German direct investment in US (USD billion) 213.1201.4218.1212.9 US direct investment in Germany (USD billion) 100.6108.2116.8105.8 (Figures from the US Department of Commerce, Bureau of Economic Analysis)

8. Quiz 1. Based on GDP what is Germany's rank? a. first b. second c. third d. fourth 2. True or False Economic relations between Germany and the United States are bad.

9. Answers 1. D 2. False

10. Works Cited http://www.bbgerman.com/german-relations-with-the-us.html http://www.bbgerman.com/german-relations-with-the-us.html http://www.bbgerman.com/german-relations-with-the-us.html http://www.auswaertiges- amt.de/EN/Aussenpolitik/Laender/Laenderinfos/01- Nodes/UsaVereinigteStaaten_node.html http://www.auswaertiges- amt.de/EN/Aussenpolitik/Laender/Laenderinfos/01- Nodes/UsaVereinigteStaaten_node.html http://www.auswaertiges- amt.de/EN/Aussenpolitik/Laender/Laenderinfos/01- Nodes/UsaVereinigteStaaten_node.html http://www.auswaertiges- amt.de/EN/Aussenpolitik/Laender/Laenderinfos/01- Nodes/UsaVereinigteStaaten_node.html http://www.german-foreign-policy.com/en/fulltext/57997 http://www.german-foreign-policy.com/en/fulltext/57997 http://www.german-foreign-policy.com/en/fulltext/57997