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Spain Essay

1183 words - 5 pages

SpainGeographyLocation- Southwestern Europe, bordering the Bay of Biscay, Mediterranean Sea, North Atlantic Ocean, and Pyrenees mountains, southwest of France.Geographic Coordinates- 40 00 N, 4 00 WCapital-MadridMajor Cities- BarcelonaCadizCartagenaGibraltarLeonSalamancaTarragonaValenciaVigoZaragozaMajor Geographic Features- There are 19 autonomous communities including Balearic Islands and Canary Islands. Spain has three small Spanish possessions off the coast of Morocco known as Islas Chafarinas, Penon de Alhucemas, and Pennon de Velez de la Gomera.Land Boundaries- Countries bordering Spain are Andorra 63.7 km, France 623 km, Gilbraltar 1.2 km, Portuga 1,214 km, Morocco (Ceuta) 6.3 km, and Morocco (Melilla) 9.6 km.Terrain- Flat dissected plateau surrounded by rugged hills; Pyrenees Mountains in the north.Climate- Clear hot summers in the interior, more moderate and cloudy along coast.Cloudy cold winters in the interior, and partly cloudy and cool along the coast.Natural Resources- coal, lignite, iron ore, uranium, mercury, pyrites, fluorspar, gypsum, zinc, lead, tungsten, copper, kaolin, potash, hydropowerNatural Hazards- periodic droughtsMacroeconomic SummaryPopulation- 40,077,100 (July 2002 est.)GDP- 2% (2002 est.)GDP per capita- purchasing power parity $20,000 (2002 est.)GDP composition by sector- Agriculture 4%Industry 31%Services 65% (2000 est.)Education- definition: age 15 and over can read and writetotal population: 97%Currency- euro (EUR)Spanish peseta (ESP)On January 1, 1999, the European Monetary Union introduced the euro as common currency to be used by the financial institutions of member countries.On January 1, 2002, the euro became the sole currency for everyday transactions with the member countries.Credit Cards- Visa, American Express, MasterCard, Diners ClubExchange Rate- euros per US dollar - 1.1324 (January 2002)pesetas per US dollar - 149.40Inflation Rate- 3. % (2002 est.)Trade- Imports- $156.6 billion f.o.b. (2002 est.)Import Commodities- machinery and equipment, fuels, chemicals, semi finished goods, foodstuffs, consumer goodsImport Partners- European Union 63.9% (France 16.8%, Italy 9.1%, Germany 15.5%, Benelux 7.3 %, United Kingdom 7%)OPEC 7.3%US 4.6%Japan 2.5%Latin America 4.2%Exports- $122.2 billion f.o.b. (2002 est.)Export Commodities- machinery, motor vehicles, foodstuffs, and other consumer goodsExport Partners - European Union 63.9%(France 19.5%, Italy 9%, Portugal 10%, Germany 11.8%, United Kingdom 8.9%)Latin America 6.1%US 4.4%Infrastructures- Railways -15,171 kmHighways- 346,858 kmopaved 343,389 (including 9,063 km expressways)ounpaved 3,469 kmPipelines- 3725 kmocrude oil 265 kmopetroleum products 1,794 kmonatural gas 1,666 kmAirports -133 total (93 with paved runways)Waterways- 1,045 km (minor economic importance)Merchant Marine- 144 shipsPorts and Harbors- Aviles, Barcelona, Bilbao, Cadiz, Cartagena, Castellon de la Plana, Ceuta, Huelva, La Coruna, Las Palmas (Canary Islands), Malaga, Melilla, Pasajes, Gijon,...

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