Oil and its products comprise some of the key commodities and products for any economy from their crucial role in energy supply. In addition, oil has been a commodity whose sourcing, production as well as marketing has being of great concern to many economic stakeholders as energy is one of the key drivers of economic growth and development. In addition, oil has been at the centre of governments’ policies focus as countries seek to secure supply and enhance production as well as tap the benefits that come with the precious commodity. In that respect, this analysis seeks to establish the ...
Trade Deficit Research Papers Samples For Students
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Expertly Written Research Paper On Money And The Prices In The Long Run And Open Economies To Follow
Long-term influence of monetary policy
Monetary policy can either be contractionary or expansionary, and both policies impact nominal variables differently in the long-run.
Price levels
A contractionary policy results in a decrease in equity prices because the income stream is discounted at a relatively higher rate. Also, the price levels of equity can drop since high-interest rates and low supply of money lead to reduced demand for equity. In this case, bonds can be an attractive investment since they pay high interests (Meltzer, 1995). Nevertheless, an increase in interest rates does not always result in fall of share prices. People may interpret the high-interest ...
INTRODUCTION
Wal-Mart Stores Inc., the world’s largest retailer, is possibly the most controversial business in America. According to Duke University professor Gereffi (2006), Wal-Mart is a model for all businesses in all industries. With over $375,000 billion in sales for its 2008 fiscal year and approximately 1.7 million employees worldwide (of these, 1.3 million are U.S. employees), proves Wal-Mart one of the largest companies in the world. Wal-Mart, based in Bentonville, Arkansas, has capitalized technology and trade agreements (e.g., between the U.S. and China) to move to more global operations in its quest for greater profits. In general, Wal-Mart ...
The Global Economy and International Trade
Introduction
At the same time, it would be paramount to draw attention to the importance of international trade concerning the economy of the United States of America. This is due to the facts that the country reveals as a superpower and because the entire amount of both exports and imports results in an honorable second place worldwide (fn. – America waives the first position to China, of course).
In advance, I feel an inexorable desire to note that since the time the United States of America had become a state and until nowadays, the country has been altering its directivity ...
Introduction
It is a cliché to say that the relationship between China and the world has become complex, multidimensional and interdependent. But that does not mean that we fully understand the complexity of the Chinese attitude towards globalization nor its interdependence with the world in general and the Western industrial democracies in particular, with the implications thereof. The thesis that we develop in this article argues that economic interdependence greatly strengthens Chinese authoritarianism in its ability to politically influence the attitude of States and civil liberties in Western democracies, rather than the reverse. It contradicts the usual thesis that Western ...
Introduction:
Over the last decade, 1993-2013, China has become the world’s largest holder of foreign exchange. According to China Business News (28, March 2006), China’s foreign reserves had increased up to $853.7 billion. Foreign exchange reserve accumulation was useful to the country during the process of economic reform. It greatly boosted foreign trade and investments.
Macro-econometric data explains the differences in trade performance between China and the developed countries based on comparative and analytic framework. China and India, for instance, adopted different development strategies. Over the last two decades, China has been adopting export-led development strategy that ...
Current Economic State and 2008-2009
It is about six years since the world experienced the worst global financial crisis in the history of the world economy, however, considerable improvement can be seen by looking at economy of various states all over the world (Irwin, 2013). The economy had a continuous increase of risk in all sector following the failure in housing prices and weak monetary policy of key economies of the world. Risky economy resulted to the sudden change in the lending rates and spending by the households. The effect of these was manifested in the sudden but steady decline in the world per capita.
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Business between Saudi Arabia and United States
Business between Saudi Arabia and United States
Introduction
Saudi Arabia was instituted in the year 1932 and has the big influence on global political system and economy due to huge oil reserves. Saudi Arabia propounded and strengthened Islamic faith. Hue oil reserves and strategic location make Saudi Arabia very important to United States. Official business relationship between Saudi Arabia and America started in year 1940. The relationship faces several challenges in terms of terrorism and recently on Al-Qaeda. This paper discusses the business relationship between Saudi Arabia and United States.
Discussion
Saudi Arabia plays an important role in managing socio-economic and ...