Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Benelux (Belgium, Netherlands, Luxembourg) countries handle 25% of European Union imports from the rest of the world. Their contribution to European Union GDP is only
Benelux (Belgium, Netherlands, Luxembourg) countries handle 25% of European Union imports from the rest of the world. Their contribution to European Union GDP is only 7%. Hence, Benelux can be thought as a good entry point into the union. The logistical advantages of Benelux include a. Active seaports such as Rotterdam (largest in the union), Amsterdam, Antwerp b. Active Amsterdam and Luxembourg airports, which respectively are the 3rd and 5th in the union in terms of total cargo loaded/unloaded c. Multimodal logistics routes including seaways (rivers and channels) that carry 40% of cargo within Benelux d. All of the above
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started