Comparative Essay - Spain and New Zealand

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PRE-IB BUSINESS COMPARATIVE ESSAY

WORD COUNT – 1600 WORDS

In this essay, the reader will be informed of Spain and New Zealand’s economic state and their country in general and the similarity and dissimilarity of the two countries. The essay begins by introducing the reader to both countries’ geography, climate and population. Next, the economies of both countries are referred to and comparison are made. This essay plans to achieve the conclusion that although many differences separate the two countries, they both could do a lot more to prevent an economic downfall.

It can be assumed that Spain will have a larger economy, importing and exporting more, simply because it are the larger country. It can also be assumed that Spain will have more partners which are closer to Spain than New Zealand’s partners are to New Zealand because Spain is part of a greater continent, Europe, while all of New Zealand’s partners are overseas.

Spain is a country in Southwest Europe sharing borders with Gibraltar, Portugal, France and Andorra. It has a rugged countryside which gives the country a varied climate. The Cantabrian Mountains splits Spain into two climate zones, known as the Rainy Spain and Dry Spain. Rainy Spain is located north of the mountains and experiences temperate weather and little variance in the temperature. Dry Spain is located south of the mountains and experiences very hot summers and freezing winters and has very little rainfall. Spain has a total area of 504 782km2 which makes it the fifty-first largest country in the world and the fourth largest country in Europe. This area is populated with 45.3 million people which gives Spain a population density of 81 people per km2. The currency they use is the Euro which is used all throughout Europe. This is made up of 100 eurocents.

New Zealand is located in the Oceania, southeast of Australia, midway between the equator and the South Pole and is on the south edge of the ‘Pacific Rim of Fire’ which means there is a lot of volcanic activity. New Zealand experiences Oceanic climate which means that there are no extremes of hot or cold weather except for isolated areas in central South Island. Most of New Zealand experiences sunshine, wind and rainfall but because of New Zealand’s long thin shape, the weather varies a lot from far north where residents experience a sub-tropical climate with mild winters and hot summers to the south where it can be frozen for three months during the winter and can have very dry summers. New Zealand has a total area of 268 680 km2 – approximately the size of Italy – which is populated with 4 173 460 people which gives New Zealand a population density of 32 people per km2. The currency for New Zealand is the New Zealand Dollar.

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There are very few similarities between the two countries. New Zealand is located approximately 19 570 kilometres away from Spain. Despite this vast difference, both countries are roughly equal distance away from the equator. Spain’s area is almost twice as much as New Zealand’s and this area houses almost eleven times the population of New Zealand. This gives Spain a population density that is 2.5 times New Zealand’s population density. In both Spain and New Zealand, the weather varies tremendously from the north to the south.

Purchasing Power Parity is a method to determine a country’s exchange rate so ...

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