Introduction The financial crisis, in fact, affects the global world since 2008. There is high inflation, increasing unemployment rate, low export, decreasing GDP and so on. […]
Since the summer of 2010, we have seen the price of wheat significantly increasing. In this essay I will outline the possible reasons why wheat prices […]
With trade, each country can concentrate on producing goods and services that it produces more efficiently, while trading to obtain goods and services that it does […]
Open-economy macroeconomics deals with the mechanisms of adjustment in balance-of-payments disequilibria (deficits and surpluses). More importantly, it analyses the relationship between the internal and external sectors […]