1. Algeria and Morrocco - Economics and Financials
Despite the draft budget for the year 2016, the country will not be able to overcome the decreasing oil prices and GDP level since the focus of the country is on maintaining social stability. ... There is also a current account deficit that has increased from -4.5% to -15.8% and constant increase in the unemployment rate (Ayadi, Arbak and Naceur 220). ... In 2005, Algeria signed a trading pact with the European Union, which is currently the country's biggest trading partner. ... In a brief overview, the GDP in Morocco has increased gradually since 2012 from 2.7% to 3.5% and the GDP per ca...
- Word Count: 758
- Approx Pages: 3
- Has Bibliography
- Grade Level: High School