Notable political economists summary

Notable political economists Notable political economists like David Ricardo and Adam Smith wrote about the benefits of international commerce a long time ago (Myint, 1977). International Trade allows developed countries to utilize their resources-capital, labour, and technology better than if they have to rely on their international economic conditions. Since countries have different natural resources… Continue reading Notable political economists summary

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Regional Trade Agreements summary

WTO’s mission to eliminate barriers to international commerce and promote trade policy while reducing poverty has been impacted by a series of developments that started in the turbulent era of the 1970s. Critical developments that led to the decline of WTO’s effectiveness include America’s decision to leave the gold standard in the 1970s, a global… Continue reading Regional Trade Agreements summary

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The Politics of Trade Introduction

Introduction World Trade is the exchange of goods and services across national boundaries at a global scale. Commonly known as international Trade or global Trade, world trade is a complex process influenced by markets, currencies, trade agreements, regulations, and government policies. World Trade supports the concept of a global economy influenced by both politics, leadership,… Continue reading The Politics of Trade Introduction

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The politics of World Trade summary

The politics of World Trade Attempts to restrict or liberalise trade between countries lead to very controversial politics. Trade leads to both profits and losses at the individual, company, sector, national, and regional levels. Global trade also creates disputes among supranational entities such as human rights groups, multinational corporations, international business alliances, and environmental advocacy… Continue reading The politics of World Trade summary

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The Federal Reserve Banks offer three types of credit

The Federal Reserve Banks offer three types of credit to depository institutions, including seasonal, primary, and secondary credits at different interest rates. The primary credit rate entails the introductory interest rate of 0.25%.1, which is charged to most commercial banks. It is usually charged at a higher interest rate than the interest rate charged on… Continue reading The Federal Reserve Banks offer three types of credit

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The Federal Reserve Bank

T he Tools used by the Federal Reserve Bank to Maintain Monetary Policy Goals Facts The Federal Reserve Bank utilizes tools such as the discount rate, open market operations, interest on reserves and reserve requirements to control money circulation in the banking system. The interest rate imposed on banks by the Federal Reserve is called… Continue reading The Federal Reserve Bank

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Discount window and Discount rate

Discount window and Discount rate Discount window and Discount rate play an essential role in supporting the liquidity and stability of the banking system and the effective implementation of monetary policy. Analysis The discount window provides ready access funding, which helps depository institutions manage their liquidity risks efficiently and avoid actions that negatively affect their… Continue reading Discount window and Discount rate

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Open Market Operations Summary

Open Market Operations How the Federal Reserve utilize the tool of open market operations (OMO) to control the supply of money in the banking systems Analysis The open market operation is a powerful operation tool used by the Federal Reserve that’s not as well-known as the discount rate or fed funds rate. Open market operations… Continue reading Open Market Operations Summary

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The interests of the American workforce

The American government is awash with unions that are designed to protect the interests of the American workforce. Local 6’s members are primarily immigrants organized in 67 diverse languages; enhancing their impressive bargaining power with the local government (Richman, 2012). Furthermore, the union has been at the forefront to advocate for diversity and inclusion in unions… Continue reading The interests of the American workforce

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