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Switzerland's Industrialized Economy
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Switzerland’s has a developed industrialized economy, and has one of the highest standards of living. It is a major financial center of the world, and is known for it’s stable Swiss banks. Switzerland is known for it’s traditional secrecy regarding banking transactions. The Zurich Stock Exchange is one of the most important in Europe, an ....
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.... by Switzerland, although eleven nations participated. Therefore, Switzerland preserves its’ monetary autonomy. The lack of participation has both advantages and disadvantages. An advantage is that the Swiss National Bank still maintains control of monetary policy, and a disadvantage is its trade flows with other “Euro” members.
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| Word count: 639 |
Page count: 3 |
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