Norway is a scandinavian country in southern Europe that consists mostly of Germans, although the number of immigrants present in the country is steadily growing each year.
Interestingly enough, Norway is one of the richest countries per capita in the world. It excels in the production of metals, paper, chemicals, shipbuilding, and fishing, although there are other areas of trade. Norway's shipping fleet is revered as being the most substantial among the maritime nations as well as providing excellent import and export opportunities for the country.
In case this wasn't enough fortune for one country, the insurgance of oil around the 1970's added leverage to norway's already substantial list of economic successions. This also allowed Norway to expand their social welfare system, which pleased both consumers and producers in the economy. Norway is not a member of the EU's Economic and Monetary Union and does not have a fixed exchange rate to date, it is a free country, who trades majorily with Europe.
Norway seems to be very efficient in being self-reliant. I wonder, however, if they might thrive further by expanding theyre trade to a more global scale.
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