National development in Austria between the years 1990 and 2005

Essay aus dem Jahr 2006 im Fachbereich Wirtschaft - Volkswirtschaftslehre, einseitig bedruckt, Note: 2,3, Hochschule Fulda, Veranstaltung: Finance and International Economic Policy, 16 Eintragungen im Literaturverzeichnis, Sprache: Englisch, Abstract: The following essay presents an overview of the national development in Austria between the years 1990 and 2005 with a special emphasis of the last five years. Concerning the wideness of the topic, this essay only deals just with selected points.1. Basic data's about Austria2. Austrian's comparative advantage3. Foreign trade4. Direct and portfolio investments5. Advantages and disadvantages as a result of foreign tradeAccording to the importance of exports and imports of goods, services, capital and know-how - especially for a small and open national economy like Austria - this essay will implicitly point out Austrian's comparative advantage, including the mentioned points on top (three till five).The very fact that every third job is dependent of Austrians export makes the relevance of Austria's comparative advantage in this context clear.