Global Community Final

8/6/2019 Global Community Final

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Introduction

The macroeconomics 2301 class enrolled at Tarrant County College Southeast has

organized three research teams under the direction of Dr. Bob McKizzie to focus this research

toward closing the gap between two countries that have a germane recourse. One country will be

established as the prototype for performing best practices in the production, the distribution, the

consumption of a comparable recourse and its affect on the prototype country¶s GDP growth and

efficiency. The comparable country will be proven by data to be the under-performing country;

therefore, the function of the research teams is to close the gap in findings that will enable the

under-performing country to be more efficient.

The research teams seek to answer the following questions. The first question is why is

the prototype country performing better than the comparable country in regards to its germane

resource? The second question is, what is the magnitude of the need for the investigation of the

germane resource on economic growth? The third question is what is the potential for enabling

further economic growth due to the effects of the germane resource? The fourth question is, what

is the market opportunity for the country¶s germane resource?

The research will enable more awareness of the two countries germane resource effect on

their gross domestic product. The research will provide investigators with additional information

regarding further enhancement of the country¶s gross domestic product. The research will

provide more information in investigating the likelihood of more efficient use of the germane

resource.

1. What factors of production of the germane resource in each country were different in

2004 as compared to 2009?

Within the production of vehicles there are different components that all compile to

become a part of one of the greatest industries in the entire world. In comparing both the United



States and the United Kingdom¶s different resources available the statistics leans more toward

the US having a greater importance in this industry. The United States has the world¶s main

consumer and producer of the automobile industry. (Automotive Components, Online) It must

also be noted that the United States has just a little over 6.6 million jobs that are to current

workers. This all ties in with the contribution American automotive¶s provided for the 10% out

of the United States 10 trillion dollars within the whole economy. It is apparent with all the data

that the United States has had a steady stable rate within the automotive industry. (Automotive

Components, Online) In comparison to the United Kingdom, though the industry is relatively

smaller it has increased this past year even after it dropped within 2008 and 2009. (Sedghi, 2011,

Online) Also mentioned in the Automotive Components and Parts overview it states that the

United Kingdom is a part of the largest region where automotive production, especially

automobile manufacturing, takes place within the European Union.

2. From historical data, which country¶s germane resource has a greater impact on change in

GDP growth and efficiency?

From the historical data, when comparing the United States and United Kingdom¶s

automotive industry production it has a significant correlation. Within the United Kingdom it

was mentioned previously that there was a drop from 2008 to 2009 within the

automotiveindustry, which is inversely related to the GDP growth rate percentage being -.060 in

2008 and -4.8950 in 2009. Though this is onlya quick comparison between different sets of data,

it can be noted that the United Kingdom¶s automotive industry may have been a cause to this

negative GDP growth rate. However in the United States, there is the same sort of lower ended

GDP growth rate being 0 in 2008 and -2.6320 in 2009. It was directed by the statistics that this

happened in both economies in relation to the decline with autos throughout the whole world

thus affecting the GDP in 2008 and 2009. (Country Watch, Online) It was also noted in the



Country Watch that the United States underwent a ³global financial crisis in 2008 had a drastic

impact on the car market as more than 80 percent of auto consumers relied on financing.´ This

all again inversely relates to the GDP growth rate found within the macroeconomic data from

Country Watch. Finally, The data found for both countries on the GDP growth and efficiency

for the United States in relation to the United Kingdom is that the United States did not have a

great impact like the United Kingdom had within their economy (CountryWatch, 2011, Online).

3. How does the germane resource that influenced change in the past warrant a re-plan when

compared to today?

Within the automotive industry there are various other sources that are used in order to

have a proper automobile being able to work well. For instance, oil is a needed resource that both

the United States and United Kingdom must have being imported. From the Central intelligence

Agency Factbook it is noted that the United States is the number one country that consumes the

most and also imports, 11.31 million bbl/day (World Factbook, 2011, Online). Though most of

the oil is being consumed primarily here at the United States, within the United Kingdoms

boundaries they are the 13th country to import oil at 1.491 million bbl/day (Central Intelligence

Agency, 2011, Online).

4. What are the United States and United Kingdom attributes?

The Central Intelligence Agency stated that the United States predominately is leading

the world in ³high-technology´ and also ³the second largest industrial output in [the] world.´

Other related resources that go hand in hand with the automobile industry are petroleum, steel,

and electronics. Within the many resources that have developed in the United States we cannot

forget the basis of how our country started in its younger years. Before technology became our

nations central focus, coal used to be the primary resource that the United States would help

supply energy. Until the 1930¶s coal would supply the main energy source the Unites States



needed, until oil was discovered. To this day, coal fuels 50% of the United State¶s electricity

production and provides 25% of the country¶s total energy. With all of these different attributes

that have brought this country a long way, it has helped stimulate the economy in tremendous

ways, both good and bad. Similarly, the United Kingdom has more man-made resources unlike

the United States that has both steel and petroleum. These man-made resources from the United

Kingdom consist of machine tools, automation equipment, motor vehicle parts, and electronics.

Though within all these man-made resources in particular two natural sources from United

Kingdom would be both coal and petroleum that are both needed in the automobile industry.

(Central Intelligence Agency, 2011, Online)

In regards to both nations having similarity, both countries have in comparison the value

of tourism being apart of their economy. The United States had a total of 11.7 billion dollars that

was spent from ³international visitors´ who spent it on ³tourism-related activities.´ (Central

Intelligence Agency, 2011, Online) Within the United Kingdom¶s statistics on tourism expenses

spent on touristic attractions ranged from 22.835 million to 32.713 million. In 2010 this past year

it rose to 29.637 million dollars, which was the ³inbound tourism to the UK.´ (Visit Britain,

2011, Online) Both have a decent amount of travel to their countries attractions, though once

again the data provided relates inversely to the GDP growth.

5. What is the internal capacity of the United States and the United Kingdom?

The overall internal capacity that the United States has in relation to people is

313,233,044 ranking third within the world (Central Intelligence Agency, 2011, Online). In

comparison to the population from the United Kingdom, which is less, the current number of

citizens is 62,698,362 ranking 22nd within the world (Central Intelligence Agency, 2011,

Online). Now also a related piece of information is the population growth rate. The United States

has a .963% rate while the United Kingdom has .557% rate.



6. Who are the other countries that may partner with the comparable countries and adopt an

effective plan that may enable further GDP growth and efficiency?

The United Kingdom has a declared ³global force´ that is attracting other ³worlds major

automotive companies´ thus helping the GDP 1.1% and opening 221,000 jobs. (Driving Force:

Success and Sustainability in the UK automotive, 2011, Online) This partnership with various

other countries around Europe has helped stimulate ³the 3% worldwide vehicle output and 9% of

European assembly, ranking it fourth in Europe and ninth globally.´ (Driving Force: Success and

Sustainability in the UK automotive, 2011, Online). In Conclusion, with all of this community

participation within the United Kingdom, it helps increase the GDP growth but also helps the

growth within the other various countries as well. In the United States there is a group of

researchers in the Partnership for a New Generation of Vehicles (PNGV) which is

communication with other national laboratories which have helped establish a partnership that

allows the ³development and production of affordable, fuel-efficient, low-emission vehicles that

meet all customers needs.´ This again all inversely relates to the same stimulus the United

Kingdom had within the GDP growth due to the proper automobile industry efficiency.

Production Problem

1. The Major Industries of the United States compared to the United Kingdom.

The United States consists of numerous industries that allow for further expansion in

goods and services throughout the country. Some of the major industries that are included in the

United States are: petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals,

electronics, food processing, consumer goods, lumber, and mining. With the characteristics of

being highly diversified, world leading, and a high-technology innovator, the United States is the

second largest industrial output in the world with 172.7 billion exported as of March 2011

(Trading Economics, 2011, Online). The total United States business sales for March 2011 were

$1,200.1 billion, which is 2.2% higher than in the month of February (U.S. Census Bureau, 2011,



Online). Furthermore, the United Kingdom is more known for their equipment industries. These

industries consist of: machine tools, electric power equipment, automation equipment, railroad

equipment, shipbuilding, aircraft, motor vehicles, metals, chemicals, coal, petroleum, food

processing, textiles, clothing, and other consumer goods. The total UK disability equipment

market has been estimated at 1.46 billion for 2008, compared with 1.34 billion the previous year

(DLF, 2010, Online). Sales of disabled equipment in the UK have increased by 92.6% over the

last 10 years, and the total market size has increased by 9.2% since 2010 (DLF, 2010, Online).

After looking at both countries¶ industries, we can see that the United States and the United

Kingdom have both helped in GDP growth, but with the United States being the largest and most

technologically powerful economy in the world, this labels them with the overall better industry.

2. The Countries incentive programs for industries of the United States compared to the United

Kingdom.

Both the United States and the United Kingdom both vary in opportunities compared to

one another. One of the incentive programs that the U.S. offers is the EPA (Environmental

Protection Agency). This program conducts environmental assessments, research, and education,

with their primary responsibility for setting and enforcing national standards under

environmental laws. The EPA employs 17,000 people in headquarters offices, 10 regional

offices, and 27 laboratories across the country (Earth Techling, 2011, Online). A few of the other

incentive programs that the United States offers include the EDI (Early Detective Industry), and

the NRCS Conservation programs (Natural Resources Conservation Services). One of the

incentive programs that the UK offers is their RHI (Renewable Heat Incentive) program. This

program adds heating efficiency upgrades in homes and businesses. Up to 25,000 installations

will be supported by the RHI, which will include solar thermal panels, renewable heat pumps,

and biomass boilers (Earth Techling, 2011, Online). Both the United States and the United



Kingdom both have incentive programs that encourage specific actions. Overall, the United

States has more successful incentive programs to offer than the United Kingdom.

3. The labor force development programs for the United States compared to the United

Kingdom.

The United States and the United Kingdom also have labor force development programs,

in which better the opportunities for each separate population. With the United States being

ranked number four for its available workforce, this gives opportunity to population with labor

programs across the country for better employment. The United States has many labor

programs located through the United States. One of the United States¶ labor programs includes

the LED (Louisiana Economic Development). This program main goal is to reposition

Louisiana as the next great American state for business investment, quality of life, economic

opportunity, and to lead economic development for the state of Louisiana (Louisiana

Economic Development, 2011, Online). As for the United Kingdom, their rank is 18th

overall,

and their unemployment rate stands at 7.8%. They have also had 29.23 million people working

since December 2010 (Hrm Guide: Human Resource Management, 2011, Online). Due to the

fact that people enter and leave out of their programs has left them struggling for work

programs. This is a factor because it explains why they do not have as many as the United

States does. Overall, the United States has a better labor force population compared to the

United Kingdom.

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Between the United States and United Kingdom, there are some major and minor

problems that can be changed in order for an overall more productive country. Even though the

United States suffers from a 9.7% unemployment rate, it still ranks number four overall for its



available labor force (Central Intelligence Agency, 2011, Online). For the United States to fix

their unemployment rate, they could create more labor force development programs in different

states across the country. This would then increase the job opportunities more for the population,

which could eventually lead to the U.S. ranking number one overall for its available labor force.

Most importantly, this would increase their GDP. The United States¶ major industries and

incentive programs could improve, but are solid for the most part due to the recent success over

the past years. As for the United Kingdom, they also need to lower their unemployment rate. The

United Kingdom is not as populated as the United States, but they also can create more labor

force development programs, and incentive programs to make a bigger impact economically for

their country, which would increase its GDP. Both the United States and the United Kingdom

have solid industries that they can build upon from to create the economy they choose to have.

Distribution Problem

1. United States job training programs as compared to the United Kingdom¶s job training

program.

The United States offers so many programs for individuals who are needy. Some are

government funded and some are funded by private organizations. Or simply for individuals who

are interested in expanding their knowledge and skills into the outer world. Whether it¶s on the

job training or being trained in companies overseas. The most familiar programs, and the ones

most active, are the ones to support a cleaner earth. It could be preventing automobile pollution,

conserving energy, or even keeping the oceans clean. The United States on average spent 2%

more of their budget on training this past 2010 than 2009 meaning about $682 spent per learner.



(Employment Law Daily, 2010) There is a high demand in technology workers. As technology

advances and more jobs are being opened, people are becoming more aware of these issues we

face every day. The more advanced they are in their findings, the higher the demand in the work

force. The UK offers on the job training in these categories and specialties: computers, human

resources, Internet, languages, and sales. Like the US, technology is advancing worldwide. There

are high demands in any type of technological workforce. Whether it being in a hospital, schools,

or in the higher workforce, there is always a job open. But with these advances, people are

expecting to get paid a higher salary. Some companies are able to fulfill these needs, but some

cannot.

2. US development programs compared to UK¶s developmental programs:

US developmental programs range from government institutions or private owned

companies or organizations. They could go from trade agencies, international development, and

professional development. The UK also offers a wide range of programs. They offer the

department of international development, youth developments, global advertising development.

In both the US and in the UK, they are both striving to keep things in order to maintain a safe

way to communicate while in the work force and with others worldwide.

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In the United States the basis of trade is a free economy. The basis for international trade

is that a nation can import a particular good or service at a lower cost than if it were produced

domestically. In other words, if you can buy it cheaper than you can make it, you buy it. This is

where specialization and exchange take place. If the USA specializes in making American made

cars like, Ford, Dodge, and Chrysler, then we ship them out to other countries. As for the United

Kingdom, their British car industry exists only to provide primarily other countries car models.

There are still nominally British marques such as Jaguar, Land Rover that design and build all of



their models in the UK. There are foreign cars made in the UK like Nissan, Toyota, Ford, BMW,

Jaguar, and Honda to name a few. Therefore, the UK doesn¶t actually have their own brand of

cars and simply manufactures other countries cars. They have other countries imported vehicle

components, which are essential sources, needed at manufacturing companies. Various countries,

like Japan, have helped their own automotive industry by allowing the United Kingdom to

manufacture their cars in their manufacturing plants. For instance in the Driving Force: Success

and Sustainability in the UK Automotive Industry article it was noted that the Honda car

business in Britain rose by 50% while it only increased 30% in the European whole entire car

sales. The United Kingdom may lack different natural resources to produce cars, but thankfully

through the partnership with other countries they are able to maintain their automobile industry a

float. Finally, the United Kingdom is increasing greatly in this industry and has a great positive

affect on the GDP growth. Through their committed ³world-class productivity´ (Driving Force:

success and Sustainability in the UK automotive industry, 2006, Online) the United Kingdom

will show a significant positive growth to their total economies GDP growth and efficiency.

Consumption Problem

1. The cost of living in the United States as compared to the cost of living in the United

Kingdom.

The cost of living in the United States differs depending on location and lifestyle.

According to the 2008-2009 interview of the Consumer Expenditure Survey, an average person

spends 26,753-26,567 dollars. Younger singles between the ages of 27-29 spend money on food,

alcohol and education whereas married couples spend their money on transportation, healthcare,

mortgages, personal insurance and pensions. (US department of housing and development,

Online, 2007) An average of $655 per person per year on groceries, $465 per person per year at

restaurants and an average of $3,800 on housing for married couples62 percent accounts for



home ownerships and car payments. On average a lot of people spent about 457 dollars a person

at restaurants, fast foods and groceries. (The ONS Consumer Prices, Online) Tin comparison, the

cost of frequently bought items within the United Kingdom such as food, fuel and milk eggs and,

bread has recently gone up. Clothing and electronic prices are low. Council taxes have recently

increased from 50 ± 200 pounds per person. Healthcare insurance for approximately 2 adults and

2 children per month is 1000 pounds per year .Gas and electricity costs 1,020 pounds per year

and 1300 for bill payments. Larger families spend about 90 pounds a week in groceries.ONS

reports an increase for food prices from 5.3- 8.5 in the last decade.

2. The United States economic development information as compared to United Kingdom¶s

economic development information.

About 100 cities in the United States are participating in the GIS (Geographical

Information System, 2011). Community planning Development (CPD, 2011) promotes

suitable living environment and economic opportunities for low-income persons in

collaboration with all levels of government and private sector. Citizens are also participating

in federal, state and local government taxations. Also in the United Kingdom, transportation

and communication has increased from an annual percent of 1.7 to 1.8. Public railing

transportation amounts for a 1.2%. Economists predict an economical growth of 2.2% in 3

years to come. There is a tremendous housing mortgage decline from 4.25-3.75.Gas is

currently priced at 1.04 pounds per 4 litters. (U.S. Bureau of Labor Statistics, Online, 2011)

3. Occupations of residents who live in the United States as compared to the occupation of

residents who live in the United Kingdom.

There are diverse occupations in the United States but according to the data by BLS,

some of the occupations that lead in the GDP growth include: healthcare, Law enforcement,

Network systems, Sales and Marketing.BLS (Bureau of labor and statistics) reports that



healthcare industry has grown rapidly in the past decade and that occupations in healthcare

have exceeded 11 per cent. During the current recession in the United States, healthcare has

added 555,000 jobs since December 2007.The data show the nation¶s 266,410 pharmacists,

over 2.5 million registered nurses and about 1,500,000 non-licensed healthcare workers.

Civilian labor force is projected to reach 166.9 million by 2018, which is an increase of 8.2 per

cent compared with the preceding decade. The male labor force is also projected to grow by

7.5 percent in the year 2008-2018 compared with 9 percent for the female labor force. In the

network systems occupations, currently there are approximately 120,400 computer systems

administrators, 292,000 communication analysts and about 209,300 computer specialists.Due

to the demand and supply of new technologies, this occupation has a projection growth of 30%

in2008-2018. This occupation is growing much faster than average for all

occupations.Another leading occupation is the sales and marketing industry. In the US there

are about 50,100 advertising and public relations services. According to BLS this industry

employment is about 433,000 and has an estimated growth of 7-13 percent by the year 2008-

2018.Projected job openings are 142,300 within the United Kingdom. Also, the service sectors

or service industry produces services instead of end goods and this is the leading dominant

occupation in the United Kingdom. It contributes an annual growth of 4 percent annually to

the country¶s GDP.Sales and marketing is another leading occupation in the United Kingdom.

This occupation emphasis is to offer knowledge and time to improve productivity, potential

performance and sustainability.It is the largest and fastest growing sector in the Great Britain.

Healthcare is another occupation with a rapid growth as indicated by the UK BLS.An increase

in registered nurses shows approximately over 210,000 nurses increase annually and about

1500 occupational therapist yearly. Other occupations in the Great Britain include:



housekeeping, function managers, teaching profession, cashiers and drivers for the public

transportation sector.

Solutions to Consumption problems

Both the United States and United Kingdom can impact their citizens by encouraging

family and friends to share living quarters as a way of sharing costs. Also establishing realistic

spending habits such as cutting down on fast food and restaurant food to economies expenditure.

Knowledge of efficient index and competitive purchasing power will also help shoppers to

compare prices and settle for the best deals. Use of public transportations and car pulling will

also help cut costs on fuel. Introduction of affordable fuel-efficient vehicles can be a benefit to

many. Exercising, walking and healthy eating choices will produce better health results and

therefore reduce healthcare costs. Also use of preventive methods in the healthcare systems will

reduce hospitalizations.

Solutions Affects on Society

The solutions regarding the United States production problem, distribution problem, and

consumption problem all focus on job and labor growth and efficiency, creating more labor force

development, bringing the unemployment rate down, and overall increasing their GDP. With the

recession out of the way the unemployment rate in the U.S. will drop below 9% and the GDP

will rise. The U.S. really needs to focus on exporting more goods. When a country exports more

than imports that shows them as a leader, especially in the auto industry. These days in the auto

industry Asian company¶s like Honda and Toyota have assembly lines in the U.S. to avoid

import taxes, so the U.S. does not import as many automobiles as people might think, although

we still import a lot of parts. The U.S. does have three major car companies, which are GM,

Ford, and Chrysler, and if we started exporting a lot more of our automobiles that will definitely

increase our GDP and lower our unemployment rate. GM held the No. 1 spot from 1932 until



2008, until Toyota took it in 2009, but GM is sure to get it back in years to come. (Detroit Free

Press, 2011, Online.) The United States auto industry is way bigger than Great Britain¶s we

import more cars and export more. As for Great Britain solutions for production distribution and

consumption focus mainly on labor and distribution. Great Britain needs to produce more

automobiles, which will create more jobs, lower the unemployment rate, increase their GDP, and

then they can focus on distributing more of their automobiles. If one of the UK¶s automakers

would make some cars that everyone could afford and enjoy and not just Rolls Royce, Jaguar,

and Bentley then their economy would be flourishing. In a scenario that should sound eerily

familiar to watchers of the decline of the U.S. auto industry, the management of Great Britain¶s

largest carmakers proved slow to adapt to changing markets and were handcuffed by their

workers as well. Output at over manned plants was hit by constant labor disputes from the 1950s,

making them unproductive and unprofitable. British firms lacked the flexibility to compete

abroad even as European manufacturers began targeting the U.K.market with exports of right-

hand drive models. Finally, British vehicles often failed the technical standards set by export

markets. (CBS, 2011, Online.)

Recommendations

With the increasing rise within both the United States and United Kingdom economy

boosting from the recession, the automobile industry has a great impact with the efficiency and

GDP growth-taking place annually. Global Community proposes to the United States to continue

embracing the imports coming from other countries automobile industries but also increase the

taxes placed on everything they are exporting out. Through the government higher tariff

revenues should be placed on imported cars, which would thus increase a higher amount of

money that the government can use to balance the economy. Not only this, but decreasing their

own manufactured cars taxes can help stimulate a better chance that the people would buy an



American car over an internationally made car. Global community also believe that the United

Kingdom has been applying different forces on a ³global´ perspective which helps build the

automotive manufacturing industry and at the same time helps build their own nation¶s economy

as well. For example, the United Kingdom has begun to have a deeper ³understanding of

globalization and an ability to continuously evolve´ plus with the ³streamlining of production

processes, elimination of waste and focus on quality, costs and delivery´ has helped (Driving

Force: Success and Sustainability in the UK Automotive Industry, 2006, Online) bringing ³1.1%

GDP [and] adding 9.8 billion euros of value.´ The atmosphere of work force that is enticing

³world¶s major automotive companies´ should continue to be apart of the United Kingdom¶s

fresh automobile industry motto (Driving Force: Success and Sustainability in the UK

Automotive Industry, 2006, Online).

Summary

1. Results of the countries economic development programs

The United States Economic Development Administration, formally known as the EDA

leads the federal economic development agenda by promoting competiveness and preparing

American regions for growth and success in the worldwide economy (Economic Development

Administration, 2011, Online). This enables the U.S. to generate more jobs, help retain existing

jobs, and create more industrial and commercial growth in the United States. Results of the EDA

can be seen through the United States being ranked second overall in available labor force, and

also explains why immigrants from other countries come to the U.S. looking for job availability.

As for the United Kingdom, they also have an economic development program in the IED, or the

Institute of Economic Development. The IED¶s main task is to represent the interests of

economic development practitioners throughout the United Kingdom, and ensure that their views

are widely expressed (Institute of Economic Development, 2011, Online). The program also

helps enhance the status and competence of practitioners through education and training by



teaching information on technical knowledge. The results of the IED have not been seen yet due

to the UK¶s low availability in the labor force, but with continuing assistance from the IEDand

other economic development programs, the economy¶s GDP could certainly rise within the next

year.

2. Furthering their economies through experience

In further analyzing both the United States and the United Kingdom had to have a union

between their imports and exports that they all would benefit but also help the economies of

other countries. Through the automobile industry these two countries have been able to learn

from their experiences how drastic GDP growth can change if one industry, or all industries

begin to fail. The United States though #1 as of now and the United Kingdom being #9, even

though both countries may have a slight gap within their total economies progression, they share

same values (CIA Factbook, 2011, Online). One of these values that has been further analyzed

through research has helped Global Community understand both countries desire to continue

forward establishing a greater GDP growth and energy efficiency. It can also be noted that both

countries are on the lower end of the industrial production growth, United States being 98th

and

having a 3.3% rate while the United Kingdom is 132nd in the world and has a 1.9% rate (CIA

Factbook, 2011, Online). These similarities and differences has helped enhance Global

Community see a different aspect of what both countries contribute in their own unique way.

3. Collaboration is the key to success

Finally, it was evident that both of these researched countries value imports greatly some

being further away while other countries where just nearby. The industry world, especially the

automobile industry is a label that our whole world revolves around and without valued

networks, like the Group of Eight these economies would be much different. The different

dynamics within the market places have even helped define countries more on a global context.



Even Volkswagen, which is originally a German name brand, has been able to grow in selling

about 356,000 cars thus helping the market in the United States share by 3%. (Council on

Foreign Relations, 2011, Online) This same relationship that the United States has is a great

influence with the United Kingdom, since Germany is a lot closer to the UK. The United

Kingdom has a great import relationship with Germany as they import 12.87% of their imports

from them (CIA Factbook, 2011, Online). It is a learning experience to other nations to pick up

on some of these healthy collaborative work both the United States and United Kingdom practice

in their automobile industries. Though nothing is perfect, it has been exemplified greatly by both

nations as they annually continue to grow in this huge industry.



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Independent Statistics & Analysis. (November 2005) 86(QHUJ\,QI RUPDWLRQ$GPLQLVWU DWLRQ

Retrieved May 15, 2011, from http://www.eia.gov/emeu/rtecs/nhts_survey/2001/

index.html

Office for National Statistics. (2008, June 6). Price Index and Retail prices. Retrieved May 17,

2011, from http://www.statistics.gov.uk/default.asp

Post Carbon Institute. (2008, May 28). Coal in the U nited States. Retrieved May 18, 2010, from

http://www.energybulletin.net/node/45005

Sedghi, A., (2011, April 14).'DWDEORJ)DFWVDUHVDFUHG Retrieved May 15, 2011, from

http://www.guardian.co.uk/news/datablog/2011/apr/14/uk-car-production-manufacturing

data-2011#data

Trading Economics. (2011, May 11). 867U DGH'HI LFLW:LGHQVLQ0DUFKRetrieved May 15,

2011, from http://www.tradingeconomics.com/united-states/exports

U.S. Census Bureau.%XVLQHVV,QGXVWU\Retrieved May 15, 2011, from

http://www.census.gov/econ/

U.S Department of Commerce International Trade Administration. (2010). 2II LFHRI7U DYHODQG

7RXULVP,QGXVWULHVRetrieved May 15, 2011, fromhttp://tinet.ita.doc.gov/pdf/state-

of-travel-and-tourism-Nov-2010.pdf

U.S. Department of Labor.(2007 & 2011). Bureau of Labor Statistics.Retrieved May 17, 2011,

From http://www.bls.gov/

Visit Britain. (April 2011). ,QERXQG7RXULVP)DFWVRetrieved May 15, 2011, from

http://www.visitbritain.org/insightsandstatistics/inboundtourismfacts/index.aspx



Appendix A

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2008 2009 2010 2011

Real Gross Domestic Product

(GDP) (US$ billions)

13,228.90 12,880.63 13,218.04 13,522.91

Real GDP Growth Rate (%) 0.0000 -2.6320 2.619 2.306

Inflation Rate (from GDP Price

Deflator) (%)

2.185 0.9160 0.9140 1.302

Exchange Rate US Dollars

(US$/$)

1.000 1.000 1.000 1.000

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Appendix B

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0DFURHFRQRPLF'DWD

2008 2009 2010 2011

Real Gross Domestic Product

(GDP) (£ billions)

1,322.76 1,258.00 1,279.40 1,303.82

Real GDP Growth Rate (%) -0.0660 -4.8950 1.701 1.908

Inflation Rate (from GDP Price

Deflator) (%)

2.967 1.302 3.469 2.469

Exchange Rate US Dollars (£/$) 0.5390 0.6390 0.6380 0.6380

&RXQWU\:DWFK



Appendix C

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8.&DU SURGXFWLRQDQQXDOWRWDOV

Year Production %

Change

Home

market

%

Change

Export

market

%

Change

2000 1,641,452 -8.8 578,462 -10.9 1,062,990 -7.5

2001 1,492,365 -9.1 598,151 3.4 894,214 -15.9

2002 1,629,934 9.2 582,484 -2.7 1,047,450 17.2

2003 1,657,558 1.7 513,798 -11.8 1,143,760 9.2

2004 1,647,246 -0.6 467,160 -9.1 1,180,086 3.1

2005 1,596,356 -3.1 411,245 -11.9 1,185,111 0.4

2006 1,442,085 -9.7 335,992 -18.3 1,106,093 -6.7

2007 1,534,567 6.4 349,108 3.9 1,185,459 7.2

2008 1,446,619 -5.7 318,033 -8.9 1,128,586 -4.8

2009 999,460 -30.9 237,226 -25.7 762,234 -32.5

2010 1,270,444 27.1 309,024 30.3 961,420 26.1

*XDUGLDQ8.'DWD%ORJ



Appendix D

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7RSI LYH8.FDU SURGXFHUVE\PDNH

Rank Make Volume

1 Nissan 423,262

2 MINI 216,302

3 Land Rover 179,165

4 Honda 139,278

5 Toyota 137,054

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Appendix E

United States Data

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Appendix F

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Year USD billion % Growth

2004 515.5 2.30

2005 526.2 2.10

2006 538.9 2.40

2007 553.4 2.70

2008 569.1 2.80

2009 585.9 3.00

CAGR 2004 - 2009 : 2.6%

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Appendix G



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Appendix H

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