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Europe’s manufacturing industries are highly developed,
though they depend to a large extent on imported raw materials.
Such industries as manufacture of high-quality machine and
metal products, electrical goods, synthetic textiles, motor vehicles,
aircraft, computers, and consumer electronics are developed in
Europe.
Agriculture employs less than one-eighth of the workforce
in most European countries. It is highly mechanized. Western
Europe has the most productive and scientific agriculture. Europe’s
productive fisheries are in the North Atlantic Ocean and the
adjacent waters of the Norwegian Sea, the North Sea, and the Bay
of Biscay.
Europe accounts for approximately half of the world’s
international trade. Exports represent more than one-fifth of the
gross national product (GNP) of the European Economic Area
(EEA), which constitutes the world’s largest free-trading bloc.
Foodstuffs, petroleum, and raw materials dominate Europe’s
imports, while its exports include a great variety of capital and
consumer goods, including machinery, motor vehicles, electronic
equipment, chemicals, and textiles.
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