Russia

Russia By: DJ and Avery

Exchange Rate
24,300 Russian rubles is equal to 1000 US Dollars

Imports
Russia imports oil. From Saudi Arabia.

Imports
Vehicles from Germany

Exports
Wood is exported to the Netherlands.

Exports
They export metals to Italy.

Type of Economy
Russia has a modern market economy
Advantages are individuals buy whatever they want, and the people control this economy
Disadvantages are that all people may not be attended to financially and there isnt a careful calculation of how much people should buy or sell these resources.

GDP STATS
GDP- $2.25 Trillion
GDP per capita- $15,800
Unemployment Rate- 6.2%

Major Companies
Rosneft is a major oil company in Russia.
As you can guess, they produce oil.
They have been in the business for 68 years as of 2008.

Major Companies
LUKOIL is another major company
They produce oil as well
They are newer than Rosneft and have only been in the business for 43 years as of 2008.

Current State of the Economy
The current state of Russia’s economy is very good.
They have just experienced their 10 th straight year of financial growth.

Russia

by DPalazzo

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