CHAPTER ONE INTROUDCTION 1.1 BACKGROUND OF STUDY The current period in the world economy is regarded as period of globalization and trade liberalization. In this period‚ one the crucial issues in development and international economics is to know whether trade openness indeed promotes growth. With globalization‚ two major trends are noticeable: first is the emergence of multinational firms with strong presence in different‚ strategically located markets; and secondly‚ convergence of consumer tastes
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Construction Economics: Government Economic Policy A policy refers to any rule or principle used in guiding decision making and achieving rational results. The intended goals to be achieved by a policy widely vary with the organization and the context to which it was made. Policies are basically made to prevent negative effects noticed in an organization or promote positive benefits. Government economic policy refers to the actions that a government takes to influence its economy. The economic policy covers
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An analysis of Foreign Direct Investment in Nigeria: The Fate of Nigeria’s Agricultural Sector. 1Ogbanje‚ E C‚ 2Okwu‚ O. J and 3Saror‚ S.F. ogbanjece@yahoo.com; +2348036350197 1Department of Agricultural Management‚ University of Agriculture‚ Makurdi 2Department of Extension and Communication‚ University of Agriculture‚ Makurdi 3Institute of Food Security‚ University of Agriculture‚ Makurdi Received 11th June‚ 2010‚ Accepted 19th December‚ 2010 Abstract The study analysed the fate of the
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1. (Monetary Aggregates) Calculate M1 and M2 using the following information: Large-denomination time deposits $ 304 billion Currency and coin held by nonbanking public 438 billion Checkable deposits 509 billion Small-denomination time deposits 198 billion Traveler’s checks 18 billion Savings deposits 326 billion Money market mutual fund accounts 637 billion 2. (Reserve Accounts) Suppose that a bank’s customer deposits $4‚000 in her checking account. The required
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Monetary Theory and Policy This is the consolidation of pass exam questions I collected plus some corrections of minor typing mistakes in previous emails: 2. Briefly discuss the main characteristic of money. (5 marks) 3. Outline the 3 main motives for holding money‚ according to Keynes. (5 marks) 5. State at least three neo-liberal supply-side policies‚ explaining carefully why that might be beneficial for the economy. (5 marks) 6. Draw the Laffer Curve & indicate the tax rate
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of which telecommunication is a key player. The quantum development in the telecommunications industry all over the world is very rapid as one innovation replaces another in a matter of weeks. A major breakthrough is the wireless telephone system which comes in either fixed wireless telephone lines or the Global System of Mobile Communications (GSM). Communication without doubt is a major driver of any economy. Emerging trends in socio-economic growth shows a high premium being placed on information
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Questions economic policy • Point out the reasons why it’s worth an economy has a low inflation Low inflation promotes the efficient use of productive resources . Conversely ‚ when inflation is high time some individuals and some of the economic resources are invested in the search for mechanisms to fend off inflation. For example ‚ when inflation is high‚ companies should allocate more resources to the management of its portfolio to avoid financial losses . These are unproductive uses that
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the monetary and fiscal policy of india and wat are the impacts over Indian economy. ------------------------------------------------- Monetary policy of India From Wikipedia‚ the free encyclopedia Monetary policy is the process by which monetary authority of a country‚ generally a central bank controls the supply of money in the economy by exercising its control over interest rates in order to maintain price stability and achieve high economic growth.[1] In India‚ the central monetary authority
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infuriated many unions and citizens it was the necessary action at that time. The economic and safety implications
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in terms of many aspects such as the tremendous amount of debt and war costs that they had to encounter at the end of the war. Such effects were usually long-term in nature and were most strongly reflected in the form of changing political‚ economic and social structures‚ and public opinion across those participant nations or even other parts of the world for decades even after the official end of World War I.1 At the end of the War‚ changes in political structures were evident in many
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