Essays on Currency

German authority and hesitations have since decided the determination of strategy choices in the EU. There is the inexorably intergovernmental modus methodology of the EU system. Foreign accomplices, for example, the U.S. progressively recognize Berlin as the strategic place in the Euro zone. Concerns about Germany's future remote and security role persevere. The change of political initiative in Berlin was caused by the September 2013. Federal decisions have expanded the interest for investigation of German European, external, and security strategies. Basing on the above notions, it is true that the making of Europe was Germany’s answer to its Continue reading...

Brief history

Zurich Financial Services Company was started in 1872. As the name suggests, the company‘s intention was to offer extremely reliable financial services to the citizens of Switzerland. The company had been created to offer marine reinsurance services. It was originally known as the “Versicherungs-Verein” which meant the Insurance Association. After several acquisitions, in 2ooo the company changed its name to Zurich Financial Services in order to incorporate the many companies that it had acquired according to their functions. Zurich Financial Services Company is the biggest insurer in Switzerland. The company has also become extremely competitive in the global Continue reading...

Introduction

Financial markets in the economy have a role of linking the demanders and also the suppliers of funds. They enable firms and individuals to access capital and invest any surpluses. These are the markets that allow the financial sectors of the economy to run smoothly. However, many individuals do not understand these markets despite their crucial role in the economy. They have varied reasons for their failure to comprehend these markets and these reasons limit their understanding of the markets. This serves as the foundation for the thesis of this paper that is – accountants have a role to play Continue reading...

I believe that economic globalization brings both benefits and shortcomings to international portfolio investments, but is overall beneficial. On the one hand, economic globalization leads to expanded markets for companies who are now able to address the need of more customers than before. Because of this, companies can use economies of scale to their own benefits and generate better returns on capital. The globalization allows for a more efficient allocation of resources, for instance by manufacturing products in the area where the prices are the most competitive (e.g. European textile brands manufacturing clothes in Bangladesh). These are all benefits Continue reading...

Cross-listing is a process to access other stock exchange markets to collect the investments. The main advantage of cross-listing for the share-issuing companies is that due to the different business time zones, the companies have the opportunity to trade for more than the normal trading hours available. Therefore, more trading hours allow the companies to complete their ‘right issue campaigns’ in a short time. Another main advantage of cross-listing is that the companies which are listed in different countries are in a position to collect funds in different currencies that reduce their translation and currency risk. Moreover, the list Continue reading...

I am Curious
Many people tend to observe sex related activities with pleasure and promiscuity when practiced in the wrong occasions. The observance of sex only for procreation and pleasure is a mind-set that the current society has focused on currently. Nevertheless, that is just the icing of the cake; sexual life among partners has a positive influence on the health of both partners. Sex has been said to stir hormones that reduce the chances of antiviruses surviving in one’s bodies. Research conducted at Wilkes University shows those students who have sex once or twice a week have Continue reading...

Abstract

The experiment is aimed at constructing a step-up transformer. This is due to the type of materials being used and the number of rolls that the wire is rolled on the U-shaped material. This can easily be related to the alternating current that is tapped from one source to the other. This current can easily be measured in respect to the size of the voltage that is alternated in between the primary transformer and that of the secondary transformer. The number of coils in the primary material is two; the other secondary coil has four coils. The material used Continue reading...

The use of bitcoins

Bitcoin is a form of currency that was created in 2009, and which is not issued by any central bank. The transactions that are made using this currency do not have middle men which imply that there is no use of banks. Bitcoin transactions do not have transaction fees, and a user does not need to provide real names. There is no physical bitcoin, but rather computers are used to create them. All those computers that create them form a network that serves to confirm the transactions that are made with bitcoins, without the help of MasterCard, Visa, or Continue reading...

The foreign currency is usually held country's central banks and other financial institutions. This currency is used to pay the international debt and trade obligation or to influence the domestic exchange rate. In the international trade of the commodities such as the gold and oil are priced and measured in using the reserved currency. This contributes to the holding of the currency by other countries for the exchange of the products.
The holding of such currency reserves helps in the exchange rates risks reduction. The purchase of the product and good is done in the manner that has standardization Continue reading...

Introduction

Djibouti is a small country, situated in the horn of Africa. Djibouti city is the capital of Djibouti. Irrespective of its size, the nation is one of very talented and ambitious nations. The nation is surrounded by several nations and almost all of them are indulged in various kinds of disputes or warlike situations but Djibouti is unaffected by these disputes and remains in a very peaceful and stable state of affairs. This paper intends to discuss the Djibouti and several other related aspects.

Geography

The nation is surrounded by Eretria in the north and Somalia in the southwest while Continue reading...

The Heart of Darkness by Joseph Conrad is a fictional novel with the sturdiest statements on imperialism. Though it has other significant themes, the emphasis focusing on imperialism can be easily noticed by the readers. Conrad wrote a letter to William Blackwood, his publisher, stressing how imperialism affected Africans. The narrative is clear and it sheds light on the criminality of incompetence and the high degree of selfishness in Africa civilization claiming its justification. Conrad declares his thoughts in a way that appears simple but in the reality, it is not. The aim of this paper is to discuss Continue reading...

Executive Summary

Banks such as UK bank get the money that they lend from the deposits. The level of lending is usually dependent on the demand of the funds by the public and on the economic level of the state. When the demand for money is high, UK bank will have to check on the level of money that is circulation before it decides on how much to lend out (Sessa, 2011). It is done to reduce chances of having excess money supply into the economy that may result to the inflation. The bank can use various ways to ensure that Continue reading...

2.1 Introduction
2.2 Airport Development
2.2.1 Airport History
The history of the development of airports worldwide dates back to the late 1800s with the first ever professionally functional airport according to NYC Aviation (2012) was developed in the outskirts of Paris dubbed Port Aviation. This fact is however indispute since other factions lay claims to being the world’s first or oldest airport. For instance according to Prince George’s Department of Parks and Recreation (2010) College Park Airport in Maryland is the oldest airport that is functional to this day having been established in 1909 by Wilbur Wright. Continue reading...

Investment Policy

This investment policy has been drafted after consideration of a number of policies on the part of the client. It also describes all the prudent investment factors that the investor deems appropriate. In this investment policy, the investor is offered asset classes that are managed under specified management styles for achieving the set objectives (Craig, 2012). The main return objective for this investment policy is maintaining the returns for the investor at a minimum of 7.5% while maintaining a moderate risk level in comparison to other market investments. It also aims at capital preservation and long term growth for Continue reading...

Business report

Financial repression can be seen in many countries. The concept of financial repression was introduced in 1973 by Stanford economists Edward S. Shaw and Ronald I. McKinnon. The term financial repression means a government policy which aims at lowering interest rates and restricting capital movements. The goal of such government policy, which concerns monetary policy, is to reduce the government debt. Such government measurements can be defined as “stealth tax” (Polin 3). The long-term goal of such measurements is to reduce unemployment in the country and to spur the economic growth. It can be said, that such measurements can Continue reading...

Following the American Psychological Association’s Guidelines

INTRODUCTION
The economy management of the country has two kinds of policies to intervene and regulate the markets in case of market failure: Fiscal policies and Monetary policies. Fiscal policies are the responsibility of the government, and the monetary policies are implemented by the Federal Reserve System (FED). The economic policies can be implemented in two ways: expansionary and contractionary economic policies. Expansionary policies stimulate the economy and expenditures of consumption and investment increases as the result of these policies. Contractionary policies slowdown the economy, and the expenditure level decreases. In this essay, the definitions of the fiscal and Continue reading...

There is clear positive relationship between imports and rate of economic growth of the country. The trade is considered favorable if the amount realized from the imports is more than the amount that was used to acquire them. Developing countries focus more on exporting their products while the developed countries will import more so that they can comfortably sustain their economy. Imports will always give pressure to the manufacturers to be more innovative on their production and apply methods that cut on costs so as to be able to compete with imports that are usually cheap.
International trade accelerates Continue reading...

The four financial hedging techniques are future, forward, money market and currency option hedge. Any business firm is supposed to compare it is the cash flow in determining which the technique to apply to hedge. The futures hedge is involved in the use of the currency futures. To hedge the future payables, the business or the associated firm is supposed to purchase a future currency contract in regard to the currency of the choice as it needs (Stephens, 2003).
A forward hedge is the similar with the future hedge but the only difference is that the only forward contract Continue reading...

Executive Summary

The athletes industry is highly competitive and unpredictable for organizations that venture. As such, the industry has been dominated by companies such as Adidas and Nike. Accordingly, the aforesaid companies that have sustained market dominance have controlled the sports apparel and footwear sector for decades. As well, the market dominance by the various companies has been as a result of clear comprehension of the market of operation. Nonetheless, Under Amour has emerged as a formidable force within the athletes industry. As a new company with less than 30 years of experience, the organization has been growing tremendously. Accordingly, the Continue reading...

Introduction

The Journal of Banking and Finance (JBF) essentially undertakes the mandate of publishing both the empirical and theoretical research, it doesn’t publish any other research but rather those within the span of finance and banking. Its main objective as stated within the scope of their mission is fundamentally to ascertain a flow and availability of research that pertains to capital, money, and operations of the financial institutions. Ensuing the fact that this journal accomplishes the mandate of assuring a continued flow of research materials about banking and finance, recent articles from this journal will be analyzed to deduce Continue reading...

Argentina is located in the southeastern part of South America. Its neighboring countries are Brazil, Paraguay, Chile and Uruguay. The size in square kilometers of Argentina is 2,736, 690.00. In 2012, the recorded population of people in Argentina was 41.3 million. Argentina is a federal presidential representative democratic Republic. The President of Argentina is The head of Government and Head of State. Legislative power is vested in the Argentine National Congress and the president. The Judiciary in Argentina is independent of the Legislature and the Executive. The country holds regular elections on n a multi-party system. The Head Continue reading...

Currency Hedging

Introduction
Currency risk is an intrinsic aspect in the foreign market. The enterprises that operate in this environment have a variety of derivative instruments that can be used in connection with these risks. Managing these risks requires enterprise wide coordination otherwise; these international exposures will affect the value of the currency. Therefore, global equity portfolio managers have resulted in a variety of methods to currency hedging to manage the uncertainties in the foreign market. This is so because currency hedging reduces the financial risk, which occurs in the foreign market. Therefore, the paper will evaluate the currency hedging and Continue reading...

Analysis: IBM vs. Infosys Inc

As per the definition, Large Cap stocks refer to the stocks of the company, whose market capitalization exceeds $10 Billion. The term ‘’ Large Cap’’ is an abbreviation for the term large capitalization of a company which is calculated by multiplying number of shares outstanding to market price per share. For growth stocks, such stocks are expected to provide returns higher than the above market rate of return. Generally, market analyst considers the technology or the blue chip stocks to be growth stocks.
For the given task, I have selected two blue chip stocks i.e., IBM from USA and Infosys Continue reading...

Ghana and Nigeria are two adjoining African states, which have achieved so much based on economic growth. There are great similarities between the economies of these two countries. This is so because they are the primary producer at about the same stage of development based on per capita income. In both countries, agriculture accounts the greatest percentage in the GDP because they depend significantly on the export of agriculture products. Therefore, external trade plays an equally important part of the economies of the two countries. However, the political stability and proper governance have been the key driver of economic Continue reading...

Introduction

The case dwells upon a decision, which is to be taken by the Global Positioning System Navigator (GPSN) Manager Wally Wizard at the largest automobile manufacturer in the United States, Behemoth Motors Corp (BMC). The scope of the decision looks at two alternatives: 1) in-house production of 8,000 units of GPSN per months to be installed on the Sports Utility Vehicles (SUV), and 2) outsourcing of this production volume to reasonably new Far East Enterprises (FEE) Company under the terms of two-year contract. There are three critical aspects that should be considered as part of the decision-making process: Continue reading...

Economic factor denotes the foundation or basis of a buying decision . In most cases, customers cannot purchase what is beyond their purchasing power regardless their need for the service or good. Nevertheless, affordability is always an issue of perspective, which elucidates why most customers employ “creative” budgeting to acquire commodities they need. Therefore, good economic condition implies the ability of consumers to purchase what they require without constraints of money.
Global economic condition is a factor that affects the business process of Apple Inc since the firm or corporation is internationally recognized . Recession, currency, and inflation are the main Continue reading...

Analysis on the Globalization in China

Globalization is defined as the process of incorporation of the global economy which comes about as a result of exchanged views of ideas and products, free trade, smooth and free transfer of capital across-the-board. Globalization leads to advancement in various sectors of a country’s economy, including its transport and communication sectors, education and sports welfare are some of the areas that could be affected by globalization. Improvement in these sectors enhances interdependence of the cultural and economic activities Al-Rodhan and Nayef (2-3). In 2000, the IMF (International Monetary Fund) described four main factors that cause globalization; they identified Continue reading...

In economics, inflation can be explained as a persistent increase in the general price level of goods and services over a period of time. Inflation results in a reduction in the purchasing power per unit of money which means money losses it’s real value over period of time. The inflation rate is measured by inflation index . Inflation index shows the change in percents of general price index also called consumer price index over the period of time. (Mankiw, 2002).

There are described three types of inflation:

1. Demand-pull inflation which is caused by increases in aggregate demand due to increased private and government spending;
2. Continue reading...

Every nation has independence to choose, which exchange rate system it will follow. The choice for selecting a suitable exchange rate ranges from a flexible exchange rate or fixed exchange rate system. Under floating exchange rate system, the value of the currency is decided by market forces, while, under fixed exchange rate systems, the currency of the country is pegged against some standard of value. The choice of exchange rate is a tough task and depends significantly on the freedom of capital to flow in and out of the country. However, one negative effect of allowing the free capital Continue reading...

Over the last several years, Qatar has experienced significant continuous growth in the high real GDP. This has been characterized by an expansion of about 4.30% in the last quarter of 2013. These growth rates of GDP in Qatar occur through the reports made by the Qatar Statistics Authority. Since 2004, the GDP growth rate in Qatar has stagnated at 4.0% but in 2008, the rates went to a height of 14.4%. However, towards the end of the same year, the rates declined of -23.2%. These aspects have largely contributed to the growth of Qatari’s into one of Continue reading...

The country of choice

Brazil is the country of choice for foreign investment. According to A.T Kearney consultancy, Brazil is ranked as the third most attractive country for foreign investment in the world. The other best countries include China, India and Poland. Brazil is the 7th largest economy in the world. It has stable political environment and has attained maturity in its institutions. The information technology infrastructure of Brazil is ranked 4th in the world with a turnover of $233 billion in 2012 . Brazil is a country that has shown positive growth since 2002 because of the increased demand for commodities. 2002 was Continue reading...

Introduction

In the recent years, the competition in the global market is becoming intense. In order to offer the product with good quality and competitive price, countries do their best to reduce operation cost to achieve such tendency. The economy in China has grown rapidly in recent years. After participating in the WTO in the late 2001, china appeals several firms’ investments from worldwide. In additional, compared to the neighboring countries, the market of china has its intrinsic advantage. Similarly, the downturn of the global economy has led to decrease in market demands, but a market of china gives incredible Continue reading...

Currency Wars

Currency Wars is also referred to as competitive devaluation. It is a scenario where countries compete against each other to gain a low exchange rate for their own domestic currency. As the country’s domestic currency falls, so does the price of exports from that country. The imports become expensive and the domestic industry flourishes due to increase in demand from the domestic and foreign markets. The leaders of G-20 nations met in Moscow and took some important decisions regarding currency wars. In a statement issued at the conclusion of the conference, the finance ministers of G20 promised, by Continue reading...

International Trade and Foreign Exchange Rates

International Trade and Foreign Exchange Rates
Trade surplus or deficit is usually used to analyze international trade. Speaking about U.S. economy, one need to use surplus of imports only, as the balance of trade this year in January was minus 38702 million dollars, meaning that the US imports goods more than exports (“United States balance of trade”, 2014).

Firstly, this is industrial machinery and equipment, at $731 billion. Almost a half in the category is crude oil ($313 billion). Also, fuel oil ($46 billion), petroleum products ($50 billion) and natural gas ($9 billion) is essential in it. Large amounts Continue reading...

Executive summary

The global nature of multinational firms indicates that they must adopt proper managerial policies in order to ensure they cope with increased costs and competition levels that prevail in global markets. It is necessary for multinationals to evaluate their operational structures so that they achieve their goals and objectives. There are multinationals that aim at maximizing shareholder value as opposed to others that target maximizing stakeholder value. Most of the firms that aim at maximizing shareholder value appreciate the role of the shareholder as being central to their capital structures and hence a key stakeholder for realization of targets. Continue reading...

The government of China modified its currency policy on July, 2005 and made an announcement that the government would not interfere with the currency, it is a guarantee that exchange rates would become adjustable based on demand and supply in the market. In 2008, China halted its currency appreciation policy because of decline in global demand for Chinese products. This led to millions of migrant workers lost their jobs and resulted to government intervention preventing any further appreciation against the dollar. In 2004, China’s current account increased its reserves from 469 billion to $421 this is historic because Continue reading...

International Finance

Answer 1)
Vehicle Currency refers to a currency which is used to make international transactions between two countries when either of the countries do not have the vehicle currency as their national currency. For Instance, since most of the trade transactions are help in US Dollars, in such case US Dollar can be referred to Vehicle Currency.

Using a vehicle currency, offers following benefits:

Reduced Transaction Cost: A country whose national currency is used as the vehicle currency offers advantages to its resident as they can conduct international trade and commerce with more convenience and lower transaction cost.
Improved Currency Business: With the use of national Continue reading...

China is one of the world greatest emerging economies, which comes with a wide range of opportunities for foreign investment. In as much as the country possess a huge potential and ability for economic growth that offers access to large markets as well as considerable savings in terms of labor costs, evaluation of cultural and political must be done as they pose uncertainty and create risks for foreign investors. After opening to the global world and reforms of more than a quarter century, China's economy was the second largest in the world in 2005, when measured in terms of Continue reading...

Answer 1)

Various studies have proved that macro-economy factors have a significant impact on health care costs and the same is explained hereunder:

Impact of Inflation:

Evil effects of inflation can also be experienced in health care sector. High inflation rate in health care sectors have subsequently increased the health care cost. For instance, cost of modern medicines is not affordable to most households in lower income and middle income counties. According to a study, around 20-30% of households are forced to sell their assets to cover up their health care expenses.

Impact of Exchange Rates:

Flexible Exchange Rates directly affects the price of imported vaccines, equipment and Continue reading...

Critical thinking

Q1
When a company decides to go international, some major decisions have to be made. A major decision is whether the company has solid and well established operations in its home market. The home market must serve as a foundation for its international expansion. The company for this international expansion is Walgreens. With its plans to enter the European market, the company must ensure that its distribution network in its US market is effective and strong enough to sustain its costs of setting up its international operations. The other point that should be looked at is the human resource Continue reading...