Did Any Of My Stuff Come From Turkey? [Forbes]
Ford Motor Company (F)
Last ford motor company earnings: 4/28 04:09 pm
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Source: Forbes
The recent news coming out of Turkey has been grim for citizens of that crossroads country, but many Americans have little idea about the size or makeup of the Turkish economy. T he collapse of the Turkish Lira has raised the level of uncertainty in global equity and currency markets, but unless you are from that region, you probably don’t realize that the country has a vibrant manufacturing sector. Last year I wrote an HBS case on a Turkish logistics company , and in the process I learned a lot of surprising things. So in that spirit, here are five things that most people don’t know about the Turkish economy and its manufacturing sector. Turkey had the 17 th largest GDP in the world in 2017, larger than the Netherlands, Switzerland, or Austria. Trade made up 47% of GDP. The European Union (EU) was Turkey’s largest trading partner, and was linked by a Customs Union agreement which eliminated restrictions on the movement of goods between the two regions.
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