Exercice 4

Economic comparison of France and the UK

Source : http://www.tradingeconomics.com/

The Growth Domestic Product (GDP) of the United Kingdom has been regularly growing over the 5 past years, going from 2208 in 2010 to 2522.26 in 2014 without seeing any drops in its growth, whereas France's is higher but is not regular, in 2010 it was up to 2619 and in 2014 it has grown up to 2734.95, which is a smaller growth than the British one. Indeed, The French growth does waves and goes up and down depending on the year. On the contrary, it is clear that the British growth is measured and is progressively reaching the same level as the French one. 

Source : http://www.tradingeconomics.com/

The British unemployment rate is clearly in better shape than the French one. Indeed, it is obvious that, over the past years, the United Kingdom has been handling the situation better than France has. As the numbers show, in 2010, the unemployment rate in the UK was 8.1% and in 2014, it has decreased by 12% and reached 6.8%. On the contrary, the French numbers keeps on increasing and went from 9.4% in 2010 to 10.2% in 2014, which represents a 8.5% fall.