The impact of International Trade on the Economic Growth of Germany

Jakhongir Madiev

Bachelor's thesis

Abstract:

This thesis is aimed to develop a better understanding of how Germany has come to establish one of the most powerful economics in the world after the wartime, recession, and reunification with its Eastern part and boost the economy with the international trade and new trade agreements. From EU and WTO to bilateral partnerships, Germany has been consistently increasing its exports and imports. It is no surprise that one of the key roles in German economy growth is played by its exporting and importing activity. This thesis’ objective is to understand how the international trade contributes to sustainable economic growth of Germany. The short conclusion is that international trade has greatly helped German economy to establish and maintain its positions, but the finding of the thesis also show just how large German economy is dependant on foreign trade and the extreme numbers call for reconsidering the idea of relying solely on foreign demand.

Keywords

import, export, economic growth, Germany

Language used: English

Date on which the thesis was submitted / produced: 24. 3. 2020

Thesis defence

• Date of defence: 23. 5. 2019
• Supervisor: prof. Ing. Mansoor Maitah, Ph.D. Ph.D.
• Reader: Karel Malec, Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Bachelor programme / field:
Economics and Management / Economics and Management