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The Gulf war between Iraq and Kuwait in 1990-1991 led to an increase in petrol price and affected both The US and the EU negatively
The economic objectives of every nation are stabilization of the economy, keeping the level of inflation and unemployment below the target rate (Carbaugh, 2012, p.481). All of the governments pursue these goals given the large abundance of external factors that affect the macroeconomic policies of the state. The main concepts for the determination of economic growth are of course the growth of Gross Domestic Product, which is comprised of Aggregate ...
Monetary Policy Theses Samples For Students
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Panama Canal is a route used in shipping of cargos across the Atlantic Ocean to the Pacific Ocean through the Caribbean Ocean. It is widely said to be the largest public investment that has ever been of its time. It is reported that the canal produced significant social returns in its first decade of operation mostly for the United States. It also played a significant role in improving the Panamanian economy. However, it is speculated that United States benefits more than any other country including panama who are the owners of the canal due to the shipping of petroleum from California ...
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