Search results “Exchange bureau have been exported directly”
Imports, Exports, and Exchange Rates: Crash Course Economics #15
What is a trade deficit? Well, it all has to do with imports and exports and, well, trade. This week Jacob and Adriene walk you through the basics of imports, exports, and exchange. So, you remember the specialization and trade thing, right? So, that leads to imports and exports. Economically, in the aggregate, this is usually a good thing. Globalization and free trade do tend to increase overall wealth. But not everybody wins. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 979263 CrashCourse
How Imports and Exports Affect You | Economics
In this video we will see some interesting facts about Imports and Exports. How it affects consumers, economy, GDP etc. With the GST being launched from July 1, imports and exports will directly depend on new tax rules. Imports are an important indicator and a vital component of the economy. A high level of imports indicates robust domestic demand and a growing economy. When net exports exceeds net imports, the nation has a trade surplus. When the imports are higher than the exports trade deficit occurs. so the bottom line is Imports and exports has a major impact on the consumer and the economy directly, and the same is true when seen the other way round. Fill this feedback form for a better learning experience https://goo.gl/vrYPBw Click here if you want to subscribe https://www.youtube.com/user/TheRealSengupta Maps and sketches can be found on the instagram account search for "geographysimple" Check the other playlists of CBSE NCERT Geography videos Class 6 - https://goo.gl/DDFtIF Class 7 - https://goo.gl/ppPK05 Class 8 - https://goo.gl/OD3Gwh Class 9 - https://goo.gl/AIEXxQ Class 10 - https://goo.gl/inWIAR Class 11 (Part 1) - https://goo.gl/Pn5EIE Class 11 (Part 2) - https://goo.gl/X4zY9K Class 12 - https://goo.gl/Kszpz5
Views: 18108 Amit Sengupta
Milton Friedman - Imports, Exports & Exchange Rates
Professor Friedman explains the principles that govern imports, exports and exchange rates. http://www.LibertyPen.com Source: Milton Friedman Speaks Buy it: http://www.freetochoose.net/store/product_info.php?products_id=152
Views: 37592 LibertyPen
Import Export & Trading Business Challenges & Solutions
We will explore one of the most difficult business sectors
Views: 5326 Money Talk
🚧 Exports and Imports | Protectionism, Tariffs and Who Benefits From Them
Is exporting more important than importing? Who benefits from tariffs and protectionism? Is international trade "evil"? Learn Austrian Economics in a fun way! LINKS SUPPORT our project: http://bit.ly/2fgJR9e Visit our website: http://econclips.com/ Like our Facebook page: http://bit.ly/1XoU4QV Subscribe to our YouTube channel: http://bit.ly/1PrEhxG ★★★★★★★★★★★★★★★★★★★★★★★★★★ Music on CC license: Kevin MacLeod: Home Base Groove – na licencji Creative Commons Attribution (https://creativecommons.org/licenses/...) Źródło: http://incompetech.com/music/royalty-... Wykonawca: http://incompetech.com/ ★★★★★★★★★★★★★★★★★★★★★★★★★★ Econ Clips is an economic blog. Our objetive is teaching economics through easy to watch animated films. We talk about variety of subjects such as economy, finance, money, investing, monetary systems, financial markets, financial institutions, cental banks and so on. With us You can learn how to acquire wealth and make good financial decisions. How to be better at managing your personal finance. How to avoid a Ponzi Scheme and other financial frauds or fall into a credit trap. If You want to know how the economy really works, how to understand and protect yourself from inflation or economic collapse - join us on econclips.com. Learn Austrian Economics in a fun way!
Views: 19972 EconClips
Export Documentation and Procedure - Part I
A simple and detailed explanation of Export documentation and Procedure by Kumar Wins
Calculate Landed Cost Excel Template for Import Export, inc. freight, customs, duty and taxes.
Download Landed Cost Excel template calculator to help you work out the landed cost per item: https://www.incodocs.com/blog/how-to-calculate-the-landed-cost-of-imported-goods/ Subscribe for Global Trade Tips! When you contact overseas suppliers they will send you a quotation or Proforma Invoice for their products. Before you place a new order, you must clearly understand the Landed Cost or Landed Price of the products by the time they are delivered through to your door. The Exporter's quote or invoice will usually be Ex-Works (EXW), Free-on-Board (FOB), Cost and Freight (CFR/CIF), which means that there will be extra charges that the consignee (importer) will have to pay. This is common in ecommerce, seafreight and airfreight shipping. Read the below to understand how to calculate the Landed Cost of your goods: - Receive a detailed product Quotation from your supplier, that includes IncoTerm, Pricing, Currency, Product sizes and weights - Meet with a freight forwarder to get a detailed quote for all shipping and other associated costs - Confirm the International Seafreight costs from Port of Loading to - Port of Discharge (usually in USD) - Understand the total of all of the local port handling charges, customs clearance, import documentation, trucking delivery charges etc - Find the product's HS Code and confirm the applicable import duty (%) for each product to be imported - Confirm the applicable import taxes (%) that are charged in the country of import - Find a currency exchange agent and understand your actual currency exchange rates and costs - Convert all product costs, seafreight, customs clearance, local handling costs etc into your local currency - Add all seafreight and local handling costs to the product costs. You can split up the costs over the total cubic size (m3) or weight, whatever is greater - Apply the import duty rate to your products to get your Landed Cost Ex Tax. Then add the import taxes to your final Landed Cost Importers and Exporters use www.incodocs.com to create and share shipping documents.
Views: 6426 Inco Docs
How To Find Import & Export Companies To Sell and Buy
Add me on Facebook: https://www.facebook.com/dbhmatt?fref=ts How to find companies to trade to them? The first way is going through your network. There might be a lot of traders in your network. There is a great number of people who you can meet personally. Everyone probably knows someone who can do deals somewhere. Let’s say that you are trying to sell bier. The chance that you may know someone who is trading bier to Asia is very low. But, you might know a trader who is trading some drinks to many places (not specifically to Asia). There is a high chance that this trader has a network of other drink traders who trade to Asia or any other market you are looking for. Everyone in the industry knows each other. The bigger you are in the industry, the higher the chance is to know more people around the world. Trading is based on: • Knowledge about the industry • Network The basic assumption about how you can make money as a trader is to buy cheaper and sell more expensively. The bigger network you have, the higher the chance is to buy something cheaper and sell it on a higher price. Another way to find a good trader is to find another trader who is trading something else. There is a very big possibility that he could have people in his industry who might be interested in your products. The third approach that you can use is scraping the Internet. There are many websites to find potential traders. The quality of those leads is way lower. You are going to find more leads to sell to, but the quality will be worse. There are so many websites similar to Upwork, but specifically for traders. A good example of a trader website is Alibaba. People are posting many offers that they are looking for something. You apply for them and hope people to choose you. They are looking to deliver something to you and you approach them. Most of these websites require a membership fee. Instead of paying that fee, you can just look for their company name on the Internet. 1. Go to Google. 2. Search for websites where there is a list of people trading something. 3. Find 50 people who are offering the product that you are looking for or who are willing to buy that product. 4. Mass mail all of them. 5. Qualify them by asking them questions? The response rate in those websites from people who you are trying to sell to will be around 5%. The response rate from people who you are trying to buy from will be higher, around 25%. Then, you can go to China. Meet those people in person and make deals with them. First of all, you have to qualify them whether they are the right fit or not.
Views: 14527 Matt Laker
Exchange rate 04:  Impact on imports and exports .flv
Impact of a change in the Rand/dollar exchange rate on imports and exports
Views: 22434 lostmy1
What global trade deals are really about (hint: it's not trade) | Haley Edwards | TEDxMidAtlantic
TPP, NAFTA, GAAT, WTO -- the concepts that govern our global economy and international trade are confusing to say the least, but affect us all. And why is there so much conflict around trade deals, which became a focal point during the 2016 US Presidential election? Haley Edwards breaks down the history of trade and explains how the idea of global trade has transformed in the past decades. Haley Edwards is an author and correspondent at TIME. Her book, Shadow Courts: The Tribunals That Rule Global Trade came out in 2016. Previously, she was an editor at the Washington Monthly and a foreign correspondent in the Middle East and the former Soviety Union, where she reported for the Los Angeles Times, The Atlantic, The New Republic, and other publications. She studied philosophy at Yale University and journalism at the Columbia University Graduate School of Journalism in New York. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx
Views: 52706 TEDx Talks
Currency Appreciation & Depreciation - How it Affects the Economy | Economics
In this video we will learn what is Rupee appreciation and depreciation. It is also referred to as currency devaluation and revaluation. You must have read it in the newspaper that rupee has become stronger or weaker or crashed or gained some points against the American dollar. All of this simply means that the value of rupee has either increased or decreased against the American Dollar. This topic is part of Macroeconomics. Currency Appreciation & Depreciation has a huge affect on a nation's economy. It drives Foreign Direct Investment FDI, increases foreign reserves and it also affects a country's import and export. Fill this feedback form for a better learning experience https://goo.gl/vrYPBw Click here if you want to subscribe https://www.youtube.com/user/TheRealSengupta Maps and sketches can be found on the instagram account search for "geographysimple"
Views: 26062 Amit Sengupta
Exchange Rates 2:  Determination (Extended Version)
The market forces that affect nominal exchange rates. Includes a discussion of the PPP theory of exchange rate determination, the effects of export demand, and the theory of uncovered interest parity. Relative to the basic version, this extended version also studies the effects, on the exchange rate, of increases in (a) the domestic interest rate and (b) the sovereign bond default risk. These applications, which begin at 15:23, are also covered in lecture. Only the basic version of the video is required.
Views: 16 David Frankel
#72, Foreign exchange rate (Class 12 macroeconomics)
Class 12 macroeconomics ..... Foreign exchange rate.... Foreign exchange.... Types of foreign exchange rate ..... Depreciation and appreciation of currency.... Contact for my book 7690041256 Economics on your tips video 72 Our books are now available on Amazon Special Combo - Economics on your tips Micro + Macro http://amzn.in/d/eSxj5Ui Economics on your tips Macroeconomics http://amzn.in/d/2AMX85O Economics on your tips Microeconomics http://amzn.in/d/cZykZVK Official series of playlists UG courses ( bcom, bba, bca, ba, honours) – https://www.youtube.com/playlist?list=PLgC10_Xv-BGirAqOr-hU8e-N_Nz0UpgJ- Micro economics complete course – https://www.youtube.com/playlist?list=PLgC10_Xv-BGg5n3YU6oEV7_HIzBuEbbOz Macro economics complete course- https://www.youtube.com/playlist?list=PLgC10_Xv-BGg2ORORpILqiDR1gyH3MkXw Statistics complete course- https://www.youtube.com/playlist?list=PLgC10_Xv-BGjrAkDyeMioJ7DEexAEeVdt National income – https://www.youtube.com/playlist?list=PLgC10_Xv-BGjpE-1V4uz_0wvvbZQnSsj_ In order to promote us and help us grow Paytm on - 7690041256
Views: 386866 Economics on your tips
How Does China Manipulate Its Currency?
» Subscribe to NowThis World: http://go.nowth.is/World_Subscribe With about $400 billion in debt and a broken economy, Greece is in trouble. But, how did Greece end up with such a high debt, and who do they owe money to? Learn More: Greece's Debt Due: What Greece Owes When http://graphics.wsj.com/greece-debt-timeline/ "Greece is negotiating with its eurozone creditors to get more aid before the indebted government runs out of cash." Explaining the Greek Debt Crisis http://www.nytimes.com/2015/04/09/business/international/explaining-the-greek-debt-crisis.html "Greece, the weak link in the eurozone, is struggling to pay its debt as its people and its creditors grow more restive." Greek debts: what does it owe? When will the money run out? http://www.theguardian.com/business/2015/apr/24/greek-debts-what-does-it-owe-when-will-the-money-run-out "Crunch talks between Greece and its eurozone creditors are under way, but investors are growing increasingly sceptical that the country can reach an agreement on reforms and unlock the aid it needs from international lenders to avoid a debt default." Greek debt crisis: Who has most to lose? http://money.cnn.com/2015/01/28/investing/greek-debt-who-has-most-to-lose/ "Greece and its international lenders have embarked on a battle over the country's staggering debt." Watch More: What Happens If A Country Goes Bankrupt? https://www.youtube.com/watch?v=3PZDLG-rtGs&list=UUgRvm1yLFoaQKhmaTqXk9SA _________________________ NowThis World is dedicated to bringing you topical explainers about the world around you. Each week we’ll be exploring current stories in international news, by examining the facts, providing historical context, and outlining the key players involved. We’ll also highlight powerful countries, ideologies, influential leaders, and ongoing global conflicts that are shaping the current landscape of the international community across the globe today. More from NowThis: » Subscribe to NowThis News: http://go.nowth.is/News_Subscribe » Like NowThis World on Facebook: https://go.nowth.is/World_Facebook » Connect with Judah: Follow @judah_robinson on Twitter – Facebook: http://go.nowth.is/LikeJudah » Connect with Versha: Follow @versharma on Twitter – Facebook: http://go.nowth.is/LikeVersha http://www.youtube.com/nowthisworld Special thanks to Lissette Padilla for hosting TestTube! Check Lissette out on Twitter:https://twitter.com/lizzette
Views: 286220 NowThis World
How Exchange Rates Work
● We explain topics simply. So Subscribe if you want to learn while being entertained. ✔ Please like the video and comment if you enjoyed - it helps a lot! ▶ If you want a question answered then ask in the comments and we may make a video about it! About the video: You may have traveled a lot and wondered why you get more of one currency when you exchange it for another. If so, you have witnessed exchange rates in action, but do you know how they work? Watch the video to find out what exchange rates are, how to convert between them and the different systems which determine a currencies exchange rate. Historically the gold standard system had been used, which fixed currency to a select value of gold, held in a vault. The three main systems are the floating, managed and fixed exchange rate systems. The floating system has minimal government intervention, using supply and demand to determine the exchange rate. The managed exchange rate is allowed to be within a permitted band and a fixed exchange rate is usually pegged to a currency with the interest of being competitive in the international market. The video explains this in more detail and with helpful picture to guide you through the subject.
Views: 417768 SimplyExplain
Balance of Trade - Import Export | Foreign exchange and trade | Macroeconomics
This video is about balance of trade and balance of payment, how it affects a country’s economy. Current account deficit means the value of imports of goods / services / investment incomes is greater than the value of exports. The export import department of any nation are the main components of international trade. Trade balance economics is essential to understand in order to answer the question " what is balance of trade". --- click here to read the article version https://goo.gl/CUYdSs --- Click here if you want to subscribe https://www.youtube.com/user/TheRealSengupta
Views: 27810 Amit Sengupta
Foreign Exchange (FOREX)- Macro 5.2
Mr. Clifford explains the market for foreign exchange and national currencies. If you want more practice watch this video: https://www.youtube.com/watch?v=9DVYVfI81R8
Views: 433864 Jacob Clifford
Staying on top of fluctuating currency rates and getting the most from the weakened
Brexit has been described as one of the most significant events in British history. The ramifications of the vote and the subsequent deal Britain gets will ripple through generations. It is likely to affect almost every aspect of life in some way or another, not just for the UK, but its relationship with Europe and the world. We ran a webinar with Currency UK on how to plan ahead to stay on top of fluctuating currency rates - something that has become especially prominent since Brexit. Rob Affleck from Currency UK is joined by Kevin Shakespeare from the Institute of Export & International Trade to cover what procedures and support are available for businesses looking to safeguard themselves against further fluctuations. Open to Export webinars are powered by the Institute of Export & International Trade – the UK’s only professional body representing international trade. Catch up with all of our webinars at opentoexport.com/webinars
Views: 85 Open to Export
The Determinants of Exchange Rates in a Floating Exchange Rate System
To understand how a country's currency might appreciate or depreciate, you must understand the variable that can affect demand or supply for the currency on the forex market. This lesson will introduce a useful acronym (TIPSY) for remembering the determinants of exchange rates, and evaluate the advantages and disadvantages of floating exchange rate systems. Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other services to support economics students and teachers. Learn more here! http://econclassroom.com/?page_id=5870
Views: 28845 Jason Welker
How to Increase Export || Niryat Bandhu Scheme  || Foreign Trade policy
How to increase Export in india ? All about Niryat Bandhu Scheme and its objective , international business export import promotion in india to new young entrepreneurs by DGFT ( Director general of Foreign Trade ) with the Collaboration with IIFT ( Indian Institute of foreign Trade ) ‘Niryat Bandhu’ Scheme was launched with the objective of to get-access to the new and potential exporters to mentor them by conducting counseling sessions, individual facilitation, orientations programmes, etc. to make them able to do business in international trade. ‘Niryat Bandhu’ scheme was first introduced in October 2011, by the Director General of Foreign Trade (DGFT), for international business mentoring first generation entrepreneurs in international business enterprises. Under this novel scheme the officer (Niryat Bandhu) would function in mentoring arena and would be a ‘handholding’ experiment for the Young Turk entrepreneurs. According to the scheme officers of DGFT will be investing time and knowledge to mentor the interested individuals who want to conduct business in a legal way. The scheme got an overall allocation of Rs. 23.23 crore for the plan period (2012-17). However, a token allocation of Rs. 2 Lakh was sanctioned in the fourth quarter of the financial year 2013-14. Why in News ?Niryat Bandhu In the financial year 2014-15 the ‘Niryat Bandhu’ scheme actually took off when it was sanctioned Rs. 2 crore for the first time. More than 18,000 new and potential exporters including students of management stream etc. were mentored and provided insights on numerous aspects of international trade. For the financial year 2015-16 of Rs. 2 crore has been sanctioned, along with this an amount of Rs. 1.40 crore has been provided to the RAs for proper implementation of programmes during this financial year (the ongoing year). In September, 2015 an “Online certificate programme on export business” was introduced in collaboration with IIFT (Indian Institute of Foreign Trade) for new exporters, employees of status holders, entrepreneurs, etc. The programme covers 20 live sessions of 2 hours each that can be appraised by the registered participants using their desktops. Every month, programme would run a course with maximum intake of 60 participants. Objective of Niryat Bandhu Scheme ‘Niryat Bandhu’ Scheme was launched with the objective of to get-access to the new and potential exporters to mentor them by conducting counseling sessions, individual facilitation, orientations programmes, etc. to make them able to do business in international trade. DGFT deals with the implementation of programmes through its 36 regional authorities, which are also known as field officers, who directly come into contact with the new and prospective exporters in course of sanctioning IEC, authorizations, incentives, scrips etc. At the beginning of the year, the fund is sanctioned to the RAs (Regional Authorities) along with a tentative sanctioning of activities under different contents of the scheme. It is done so that they can design their plan in advance in coordination with stakeholders, namely, State government departments, export councils, Industry associations, excise, customs etc. Keeping in mind the strategic significance of small and medium scale enterprises in the manufacturing sector and in employment generation, as an intervention strategy 108 ‘MSME’ (Medium Scale Manufacturing Enterprise) have been recognized that is based on the export potential of the product and the density of industries in the cluster for focused intervention to encourage exports. Apart from these steps, under Niryat Bandhu Scheme 35 ‘Towns of Excellence’ have been selected for outreach intervention. It has been made certain that the orientation programmes would concentrate on specific export product with the objective of adding new exporters from that sector and as well as encouraging the export of the specific product. Buy our Emailupdate course and get all our pdfs free + many other stuff :- http://imojo.in/f1y62b Buy full Uttar Pradesh PCS UPPCS study package for UPPCS 2017 PRe+ Mains + UP Exams :- http://imojo.in/9nv1nt Buy Full Study Package for BPSC /Bihar PCS -2016 ( 60-62 CCE ) :- PRelims + Mains :- http://imojo.in/BPSCStudyPackage Buy full Uttarakhand PCS UKPSC 2016 Study Package for PRe+ Mains :- http://imojo.in/UKPSCStudyPackage Buy Full RAS Rajasthan PCS Pre + Mains Study Package from Here :- http://imojo.in/36hmxf Our Online Store link :- https://www.instamojo.com/studyforcivilservices/ Please Contribute towards Study for Civil Services :- http://imojo.in/ContributetoSCS Useful for Exams like UPSC , IAS , IPS , IFS , State PCS Exams like UPPCS/UKPSC/MPPCS/RAS/BPSC/CGPSC , SSC Exams , Banking Exams , IBPS, RRB , RBI , NET , SSB , CDS , NDA , SCRA , Railway Exams , Banking clerk exams , HTET Exams and Various Other Competitive Exam
How to Add Real Time Currency Converter in Excel Sheet (Calculate Currency & Update)
Add and Calculate All Currencies in Real time in Excel Sheet also update currency.. Click here for more detail... http://www.bsocialshine.com/2016/04/how-to-add-real-time-currency-converter.html Euro, dinar, US dollar, taka, rupees, franc, real, peso, pound, rupiah, rial, yen, shilling, dirham, rupee, riyal, rubie, Saudi riyal, rand, won, lira,
Views: 146529 MJ Tube
Did China Silently Start The Currency War with Dave Kranzler
Chris Marcus of Arcadia Economics interviews Dave Kranzler
Views: 1708 Miles Franklin
What You Need to Know Before Exporting to Canada
Our neighbor to the north, Canada has many promising business opportunities for U.S. businesses looking to export. Thanks to the North American Free Trade Agreement, duties on most products exported to Canada are zero. Ecommerce is a great way to sell directly to Canadian consumers and retailers. A U.S. Commercial Service export agent can help you identify Canadian distributors or partners and get you on your way to doing business in Canada. Watch the Export Destinations video to get a better taste of what business opportunities lie in Canada. For more: https://www.export.gov/article?id=Canada-Market-Overview October 23, 2017
How to calculate the impact of import and export tariffs.
A tutorial on how import prices increases consumer surplus and decreases producer surplus, the impact of tariffs and the deadweight loss to society. Like us on: http://www.facebook.com/PartyMoreStudyLess
Views: 193247 Economicsfun
International Commercial (INCO) Terms used in International Trade
The shipment of an export item from the seller's warehouse to the buyer involves various steps including packing, loading, domestic inland transport, terminal port's charges, loading on to the ship/flight, Insurance & Freight charges, arrival charges, Duties and taxes and finally the delivery to the buyer. While the buyer would definitely pay for the export item, there might be confusion about who would pay for the additional costs ? This is determined by the International Commercial(INCO) terms which the buyer and seller agree to. These INCO terms are discussed in this video. This video is developed by the Office of the Additional Director General of Foreign Trade, Bengaluru as part of an initiative under the Niryat Bandhu Scheme of Government of India. Disclaimer :: This video is for information and educational purposes only. For more details contact you may contact a DGFT office
No time to visit a Export Import consultant, here we are ALL LIVE... #ImportExport #iiiEM
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US Treasury warns Taiwan central bank about excessive manipulation of currency markets
Over the past six months, the NT Dollar exchange rate against the US dollar at market close has varied greatly over intraday exchange rates. This has led the US Treasury to claim Taiwan’s central bank has been exerting too much interference in currency markets. Analysts say such a warning is not only targeting Taiwan but also China. Shortly before the close of the market each day, the Central Bank sells NT dollar to prevent appreciation of the local currency. This move has led US Treasury to accuse Taiwan of violating market transparency. Li Chi-chanForeign Exchange Expert From June to September, Taiwan has had larger interventions into (exchange rates). (The US) hopes that large export countries avoid interfering with exchange rates and instead concentrate on using trade as a means of helping exports.Analysts believe that this warning from the US is intended for someone else.Li Chi-chanForeign Exchange Analyst After the severe depreciation of China’s yuan in August, the US was quite angered but now that US-China relations have become more complex, (the US) may have sought out a smaller economy that has close ties to China such as Taiwan to remind China about refraining from currency manipulation.Taiwan’s central bank stressed that the NT dollar exchange rate is determined by supply and demand though it did say it could continue to communicate with the US about this matter.
China's Currency Manipulation is Harming America. Fair Trade Would Restore US Jobs and Prosperity
From http://VideoThink.net : US-China trade should be mutually beneficial. Unfortunately, China has undervalued its currency against the US dollar, to gain an unfair advantage in world trade. It's non-tariff barriers limit imports from the USA. And it has obstructed investment by foreign companies in China. Since entering the World Trade Organization in 2001, China has abused free trade with a mercantilist trade strategy that has severely damaged the economies of the USA, Europe, and nations around the world. Yet under both President Obama and President Bush, the United States Treasury Department has consistently refused to name China as a currency manipulator. This has prevented Congress from imposing import duties on Chinese goods. The result has been enormous trade deficits for the USA, huge job losses and chronic unemployment, a reduction in USA government tax revenues, and higher social safety net payments. This has worsened the stubborn US budget deficits and the ballooning national debt. Meanwhile, the Chinese economy has grown rapidly, year after year. In manipulating the renminbi / yuan, China has amassed staggering foreign currency reserves and a massive hoard of US Treasury bonds. It may be trying to hide these in Belgium's EuroClear bank, to disguise its currency manipulation. US Corporations have contributed to this problem by relocating their manufacturing facilities to China, to exploit China's cheap labor. This has enriched US corporations with soaring profits, while impoverishing many Americans who are unemployed or under-employed. China is now using its export wealth to acquire strategic natural resource and high tech industries in the USA, Europe, and worldwide. The long-term consequences of China's currency war for the USA could be very serious, and all Americans should be very concerned. Clarification: By 2013, China's money supply was 9 times as large as it was in 2000. That translates to 800% growth. In comparison, the US money supply only doubled. Remember to click the Like button. Thanks! Link to this video: youtube.com/watch?v=ENnhwgfFZzE Related links: Cumulative trade deficit with China -- Ron Rimkus http://blogs.cfainstitute.org/investor/2012/09/14/why-the-current-account-deficit-helps-explain-the-economics-of-qe3-2/ China Economic and Security Review Commission 2014 Report http://origin.www.uscc.gov/Annual_Reports/2014-annual-report-congress Stop Currency Manipulation and Create Millions of Jobs http://www.epi.org/publication/stop-currency-manipulation-and-create-millions-of-jobs/ History Shows That Sanctions Are Needed http://www.epi.org/publication/pm164/ Treasury report on currency manipulation http://www.treasury.gov/resource-center/international/exchange-rate-policies/Documents/2014-10-15 FXR.pdf Various Employment charts http://www.bls.gov/web/empsit/cps_charts.pdf Foreign currency reserves: http://data.worldbank.org/indicator/FI.RES.TOTL.CD?order=wbapi_data_value_2013+wbapi_data_value+wbapi_data_value-last&sort=desc Unemployment Charts: http://www.shadowstats.com/alternate_data/unemployment-charts National Employment Law Project http://www.nelp.org/page/-/Reports/NetChange.png?nocdn=1 BLS Glossary http://www.bls.gov/bls/glossary.htm List of USA companies employing people in China http://www.cnn.com/CNN/Programs/lou.dobbs.tonight/popups/exporting.america/frameset.exclude.html WTO Charts http://www.wto.org/english/res_e/statis_e/its2014_e/its14_highlights1_e.pdf How Much U.S. Debt Does China Hold? The U.S. Isn’t Sure http://blogs.wsj.com/economics/2014/08/15/us-treasury-unsure-exactly-how-much-us-debt-china-holds/ Major Foreign Holders Of Treasury Securities http://www.treasury.gov/ticdata/Publish/mfh.txt and http://www.treasury.gov/resource-center/data-chart-center/tic/Pages/index.aspx Euroclear article http://www.washingtontimes.com/news/2014/jun/29/baffled-by-belgium-burst-of-us-bond-buying-raised-/?page=all Is Euroclear holding US bonds on behalf of China? http://asia.nikkei.com/print/article/27820 Peterson China Foreign Reserves http://blogs.piie.com/china/?p=79 M2 Money Supply http://www.investopedia.com/terms/m/m2.asp New York Times: China's money supply Growth http://www.nytimes.com/2014/01/16/business/international/china-dwarfs-us-in-monetary-stimulus.html?_r=0 Federal Reserve Economic Data Charts (FRED) http://research.stlouisfed.org/fred2/graph/ Currency manipulation and the Trans Pacific Partnership http://www.foreignaffairs.com/articles/142784/c-fred-bergsten/the-truth-about-currency-manipulation It Is Time To Stand Up To China http://www.forbes.com/sites/mikecollins/2015/01/28/it-is-time-to-stand-up-to-china/ Treasury Fails To Name China as a Currency Manipulator for the 12th Time http://www.epi.org/blog/jack-lew-sees-evil-treasury-fails-china/ Video by Harvard-educated economist Peter Navarro: Death by China http://deathbychina.com/
Views: 29385 VideoThink.net
Get Down to Business: Why the Web Matters (Chrome Dev Summit 2018)
Music? Coffee? Ideas? By focusing on speed and taking advantage of the Web’s expanding capabilities, three global businesses found meaningful engagement with new and existing users everywhere. Hear directly from Spotify, Starbucks and Pinterest about the unique methods they’ve used to build and continually improve their PWAs and as a result, achieved growth and business success. Find the event schedule and more info on the website → http://bit.ly/2AA1R87 All Sessions playlist → https://bit.ly/CDS18-AllSessions Subscribe to the Google Chrome Developers channel! → https://bit.ly/ChromeDevs1
Today currency rate exchange/open market rates/currency rate/us dollar/uae dirham/Saudi Riya
Visit My Website : https://www.horipoint.com/ Hope you like Our Video, Make sure you like and share our videos with your friends and family. You can also subscribe our Youtube Channel for more videos. today currency rate in pakistan today currency rate uae dirham today currency rate exchange today currency rate sri lanka today open market currency rate in pakistan open market uft currency rate in pakistan today currency rate us doller today exchange currency rate euro vs dollar exchange rate today exchange rate today dirham to rupees foreign currency exchange rate today world currency exchange rate today western union currency exchange rate today currency exchange rate western union currency exchange rate pakistan western union western union currency exchange rate western union currency exchange Today currency rate in uae to pakistan Today currency rate in dubai to india Today currency rate euro in pakistan Today dollar rate price uk pound rate in pakistan today uk pound rate today in india uk pound currency Today malaysia currency rate malaysia currency today australian dollar exchange rate today Today australian dollar rate Today qatar riyal rate in pakistan Today omani riyal in pakistan Today malaysian ringgit rate in pakistani rupees Malaysian ringgit rate today Today bahrain dinar rate Today chinese yuan rate in pakistan Hong kong dollar rate in pakistan Hong kong dollar rate New zealand dollar rate western union rate pakistan rupee pkr to us dollar Dollar Rate in Pakistan / Open Market forex rates, interbank, and currency exchange rates are significant information for business and finance professionals. The open market forex rates include buying and selling prices of world’s leading currencies including USD, Euro, Pound, Riyal, Dinar, Rupee, etc. in the world market. Interbank exchange rates of various currencies are also available on this platform. You can access the bank buying TT clean, and the bank is selling TT & OD rates for all coins online. Similarly, those individuals who are traveling or making business transactions internationally can check out the exchange rates online. All the rates are regularly updated. Find dollar rates in Pakistan also find forex exchange rates into PKR Pakistani rupees today. You can get all currency exchange rates live and reliable sources. Find the latest and updated dollar converted rate into PKR. Dollar rates are available in Pakistani open market exchange rates, interbank rates and it' forex/foreign currency exchange rates so far. On this platform of currency exchange rates you can find some major international forex rates such as, Euro [ -EUR] rates, British Pound rates [£-GBP], UAE Dirham rates [Dh-AED], Saudi Riyal rates [Riyal – SAR], Chinese Yuan rates, Canadian Dollar rates [CAD], Australian Dollar rates (AUD), Qatari Riyal rates (QAR), Malaysian Ringgit rates (MYR), Hong Kong Dollar rates (HKD) and Singapore Dollar rates (SGD) respectively. The US dollar rate in Pakistan is increasing almost every day at a fast pace, You can use the currency converter on this website to convert any amount of Pakistani currency into US dollars. The rate of dollar is changing on a daily basis. Therefore, the converter available on this website is updated every day according to the latest rate. You can trust the calculations made by this tool and get results within a matter of seconds. #AsadAbbasPakistanOfficial
Import Export: how to start import export business (2018)
Import Export In This Video We Learn How To Start An Import/Export Business.(2018) This is 8 steps to start your Import/Export Business No.1. Select Your Business Name and Set up a Website and Blog Without a website or blog, you can't have a networked import/export business. Get yourself a platform that allows you to develop a presence online and grow your business beyond your wildest imagination. No. 2. Pick a Product to Import or Export Market research is an essential step in the export process. With close to 200 countries in the world to export to, you want to make sure that you’re targeting the right ones. No. 3. Find the Right Market Wait! Before you shift into high gear, you must determine whether there really is a market for your product or service. No. 4. Source a Supplier Once you have a likely import or export product in mind, learn everything there is to know about it. If you were its creator, how would you improve it? Go to a manufacturer and suggest product improvements to turn a mediocre product into something slightly ahead of its time. Your suggestions might mean the difference between a Sony Walkman and an Apple iPod. No. 5. Price the Product The business model for an import/export business is based on two critical elements within the international sales operation. 1. Volume (number of units sold). 2. Commission on that volume. (The more you sell, the more you make.) No. 6. Find Customers you have done a good job with your blog or website, customers will find you. But don’t rely on it. You should also go hunting for customers! Check with local contacts, such as trade organizations, embassies and trade consulates. They generally have a good sense of who’s doing what in the international marketplace. They can offer contact lists specific to your industry (Most Important Two Tips In Video) Every single Video on my channel is made with Love and Hard work, So don't forget to leave a Like.. :) Watch my other useful Videos: Top 10 Exports Countries and Products : https://youtu.be/IRJtI60OsHk How to Get Export Order : Import Export Business : https://youtu.be/rfEJ0Fig_7A
Views: 59231 Import Export USA
A Surprising Economic History of the World: Why Countries Remain Rich or Poor
Following the financial crisis of 2008 widespread concern arose among advanced economies concerning the size of their deficits; they increasingly joined emerging economies in viewing export-led growth as their ideal strategy. In March 2009, even before international cooperation reached its peak with the 2009 G-20 London Summit Economist Ted Truman became one of the first to warn of the dangers of competitive devaluation breaking out. He also coined the phrase competitive non-appreciation. On 27 September 2010, Brazilian Finance Minister Guido Mantega said that the world is "in the midst of an international currency war." Numerous financial journalists agreed with Mantega's view, referring to recent interventions by various countries seeking to devalue their exchange rate including China, Japan, Colombia, Israel and Switzerland. Other analysts asserted that fears of a currency war were exaggerated.[11] In September, senior policy makers such as International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn and US Treasury Secretary Tim Geithner were reported as saying the chances of a genuine currency war breaking out were low; however by early October, Strauss-Kahn was warning that the risk of a currency war was real. He also suggested the IMF could help resolve the trade imbalances which could be the underlying casus belli for conflicts over currency valuations. Mr Strauss-Kahn said that using currencies as weapons "is not a solution [and] it can even lead to a very bad situation. There’s no domestic solution to a global problem." Daniel Tenengauzer, the head of emerging-market currency and rates strategy at Merrill Lynch, suggested talk of a currency war can be seen as "political posturing", noting that emerging economies had been intervening on a wider scale back in 2009. George Soros expressed concern saying "I share the growing concern about the misalignment of currencies. Brazil’s finance minister speaks of a latent currency war, and he is not far off the mark. It is in the currency markets where different economic policies and different economic and political systems interact and clash." Considerable attention had been focused on China. For much of 2009 and 2010, China has been under pressure from the US to allow the yuan to appreciate. Between June and October 2010, China allowed a 2% appreciation of the yuan, but there are concerns from Western observers that China only relaxes her intervention when under heavy pressure. The fixed peg was not abandoned until just before the June G20 meeting, after which the yuan appreciated by about 1%, only to slowly devalue again until further US pressure in September when the yuan again began relatively steep appreciation, with the imminent September US Congressional hearings to discuss measures to force a revaluation.[17] Leading financial journalist Martin Wolf has suggested there may be advantages in western economies taking a more confrontational approach against China, which in recent years has been by far the biggest practitioner of competitive devaluation. Though he suggests that rather than using protectionist measures that may spark a trade war, a better tactic would be to use targeted capital controls against China to prevent them buying foreign assets in order to further devalue the yuan, as previously suggested by Centre for European Policy Studies director Daniel Gros.
Views: 3780 The Film Archives
Floating vs. Fixed Exchange Rates- Macroeconomics 5.4
Float it or fix it? Mr. Clifford expalins the difference between floating and fixed exchange rates and how countries peg the value of their currency to another currency. Make sure to watch this video first: https://www.youtube.com/watch?v=9DVYVfI81R8
Views: 281881 Jacob Clifford
Foreign Direct Investment
Foreign Direct Investment It is the long term investment by a company in a foreign country. Apex-Brasil offers free support to build relations with governments, organizations and companies in various parts of the country.
Rial slump effects Kurdish trading
(7 Aug 2018) LEADIN: Iran's tumbling currency is causing problems for businessmen in the northern Kurdish region of Iraq. They trade across the border but expect to lose money on the goods they have exported. STORYLINE: Currency traders ply their business in Sulaymaniyah, in the northern Kurdish region of Iraq. But this is a difficult day at work for them. The Iranian currency, the rial, has tumbled to 95,000 against the US dollar this morning in this currency market after new US sanctions were introduced against the Islamic Republic. The rial has been sliding for months because of uncertainty and economic hardship caused by the Trump administration's withdrawal from its nuclear accord with Iran. Iran's official rate remains 42,000 rials to the dollar but black-market rates in Tehran reached 98,000 on Monday. Businessmen here are set to lose because they deal mostly in dollars and the slide of the rial means they are getting less money for the same export items. "Traders are shipping dry goods and electronics such as televisions and mobiles as well as clothes to Iran. But this trade has been happening on the basis of credit. They send the items and they receive the money later," says Ari Khaled, a businessman. Another businessman, Rasul, confirms the problem. "We were shipping goods to Iran at a time when the dollar was worth 7,000. Now it's worth 10,000. We can't get our money back. And they can't make up the difference for us." Sulaimaniyah in northern Iraq is a key market for the rial because Iran conducts an increasing amount of trade with Iraq's Kurdish region. Find out more about AP Archive: http://www.aparchive.com/HowWeWork Twitter: https://twitter.com/AP_Archive Facebook: https://www.facebook.com/APArchives Google+: https://plus.google.com/b/102011028589719587178/+APArchive​ Tumblr: https://aparchives.tumblr.com/​​ Instagram: https://www.instagram.com/APNews/ You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/0341fe996f705200097f356422b81422
Views: 181 AP Archive
S.# 67 Exchange Rates for Exports in Urdu / Hindi
For Better Understanding, pls see this video at first Export Documents on NEGOTIATION & COLLECTION Basis in URDU / HINDI https://www.youtube.com/watch?v=_4-FHqSsXGw
CAIIB Forex Case Studies 1
It is a case study on calculation of Foreign Exchange rate for discounting of FC export bill by using cross rate.
Views: 28690 Ns Toor
Learn about Export Procedure
Find 1500+ education videos available at http://www.youtube.com/user/IkenEdu Business is everywhere in the world and the kids should always learn about the basics of business so that they will be aware about these. In this video, kids will learn the role of customs in facilitating legitimate trade and help secure access to overseas market. Watch the full video and learn everything about Export Procedure.
Views: 191184 Iken Edu
Export Exchange Rates Template [Oracle PBCS Release - Apr 2017]
Sign up for monthly Oracle PBCS Updates at: http://bit.ly/2goOoGg This video update is part of the monthly Oracle Planning and Budgeting Cloud Service (PBCS) Update Series from eCapital Advisors. On a monthly basis, experts at eCapital review Oracle release notes to provide a look at the latest features and changes users & administrators must know about. The April 2017 Oracle PBCS Update included: Follow Up To March 2017 Update What is PBCS? Don't Forget About EPBCS! Known Issue - Report Security New in April New EPM Automate Utility Version Single Sign-On With NetSuite Activity Reports Updates New SmartView for Office Version Project Revenue Recognition What-If Planning Additional Expense Categories Additional Projects Enhancements Export Exchange Rates Templates Exclude Dynamic Calc Members - Data Push Allow Drilling On Shared Members Changing Financial Reporting Server Values Displaying POV Prompt - Reports Data Management Integration - Budgetary Control and Encumbrance Accounting Application Design Best Practices Changing Maintenance Time to Accommodate Daylight Saving Time Standard Interface Reporting Studio - Desktop Client File Integration - Oracle Fusion Financials Cloud Q & A
Views: 116 eCapital Advisors
🇹🇷 Erdogan's currency woes: What's next for Turkey's lira? | Counting the Cost
At the end of a volatile week for the embattled Turkish lira, President Recep Tayyip Erdogan has called on Turks to convert foreign currency savings into the country's currency. The lira, which has fallen about 15 percent this year, hit a low of 4.93 against the US dollar on Wednesday, before Turkey's central bank raised its top interest rate by three percentage points to 16.5 percent in an attempt to help stabilise the currency. Erdogan has been struggling to stop the currency crisis ahead of the snap presidential and parliamentary elections on June 24. On Wednesday, credit ratings agency Moody's cut Turkey's economic growth forecasts. Offering his take on Turkey's economy, Charles Robertson, chief global economist at Renaissance Capital, explains that the big swings in the currency are due to "a massive build-up of private sector debt in Turkey over the last 10-15 years." He says that in recent years there's been growing concern that "at some point in the medium term, like now, you're going to see a lending stop, growth stop, and then people flee Turkish assets because people have been buying into Turkey under the assumption it would grow five percent forever and the risk is it's going to slump into recession." While Turkey's private sector debt is around 70 percent of GDP (gross domestic product), the "particular size of the borrowing is not the issue ... China is double that," he says. "It's the scale of the increase over 10 years, which usually coincides with excess borrowing, bad borrowing decisions - perhaps into real estate or something similar - and that tips over. We saw that a lot in the global financial crisis across Eastern Europe countries and to some extent the US had that problem in the global financial crisis." Asked about Erdogan's recent comments describing high-interest rates as the "mother of all evil", Robertson says, "Erdogan was the market's darling for a decade or so. And there was always local concern that he was encroaching his powers getting too great. He's now been empowered for so long that there is very little constraint upon him ... But it's the central bank which has people concerned the most because Turkey relies on foreign capital to fund its current account deficit ... It needs foreign capital. So to say 'we don't want to pay the interest rates required to attract that capital has frightened the markets." This week, the central bank finally announced a streamlining of interest rate tools to focus on having one single main rate to reassure investors. "The 300 bases point rate hike has helped, having interest rates up at around 16 percent has helped, but also for a number of years the central bank has been trying to raise rates but not tell the electorate in Turkey that they're raising rates to try and keep the President [Erdogan] happy," says Robertson. "This repo rate, which was sitting at around at eight percent, and has now been raised to 16.5 percent or so. That is a sign that finally orthodoxy seems to have won. And in the longer run that will work, like it worked for Russia." "Orthodoxy does win in the end and it looks like Erdogan has given up ... The central bank is being allowed to do what orthodox people would suggest and what the market wanted to see." But in the short term, Robertson believes that we will "see inflation rise and that's going to hurt poor people. It usually hurts the poorest." He predicts that growth will be slow, "at best two to three percent this year. And the population is growing [at the rate of] one to two [percent], so per capita, that's really not much of a gain. These are tough times for Turks now." More from Counting the Cost on: YouTube - http://aje.io/countingthecostYT Website - http://aljazeera.com/countingthecost/ - Subscribe to our channel: http://aje.io/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: https://www.aljazeera.com/
Views: 42820 Al Jazeera English
U.S. Import/Export Compliance Regulations
Here is a seminar that was sponsored by WorldTrans Services, Inc. and hosted by the San Diego World Trade Center on April 5, 2012. The speaker is Judi Taylor- founder and President of Trade Compliance Group (TCG)- San Diego. She has over 10 years of experience as an International Trade Compliance Consultant. Import/Export Compliance is regulated by a broad spectrum of U.S. Government Agencies. These regulations can sometimes be overwhelming when trying to expand into the International marketplace. WorldTrans sponsored this event to help keep your business informed, and to be connected with the right resources! This seminar addressed the following issues: • Who needs to comply with U.S. Import/Export Regulations? • What are the main causes of an Export violation, and what can you expect from the ITAR revisions currently in place under the Export Reform effort? • Where should Import/Export Compliance be implemented? • When does an Import/Export happen? • How can you manage your compliance? • How can you make the Export Regulations work for you instead of against you? • Why is it important to maintain an Import/Export compliance program? Contact [email protected] to find out more about these events!
Views: 23075 WorldTransinc
China's RMB Exchange Rate With Dollar Rises, But Devalues Internally
Follow us on TWITTER: http://twitter.com/cnforbiddennews Like us on FACEBOOK: http://www.facebook.com/chinaforbiddennews Chinese people are mocking rising exchange rate prices for the Renminbi, despite it having devalued inside China. One young man was interviewed by China's Central Television (CCTV) during the Third Plenary Session of the Chinese Communist Party (CCP). He highlighted that this is the issue of "most concerns for reforms". Analysts say that the RMB has been repeatedly devalued in China. However, the exchange rate against the dollar has continued to rise. The result is that the Chinese people can't afford to live, and foreign companies are constantly complaining. On November 12, the four-day party meeting came to a close. Prior to this, a CCTV reporter interviewed Chinese people on the street, with many responding that they didn't know what the Third Plenary Session was about. Instead, people complained about increasing house prices, and expensive medical care. One man said that the "RMB is in a sorry state for the Chinese people." Hua Po, current affairs commentator: "RMB has repeatedly depreciated, but the price of goods has risen. The exchange rate for the RMB against the dollar has continually risen. For ordinary Chinese people, prices are higher, but their incomes can't pay their bills. Thus, they complain everyday about the high prices." Hua Po says that foreign trade companies are also complaining. Because RMB exchange rates are constantly rising, their export competition has been deeply weakened. Who is benefiting from this situation? Hua Po: "The privileged groups within the CCP can benefit. This is because they can push the prices very high inside China, and thus make the RMB devalue. Once they acquire devalued RMB, they can exchange it to dollars at a good rate, and then transfer it abroad. This system has become very profitable." Chinese state media reported that 'Grandma Li' went to buy rice in a market. She found the price went up to 6.6 yuan per kilogram, and could remember that it was 3.8 yuan per kilogram in 2005. Lan Jiping, Professor at Capital University of Economics and Business in Beijing, also took rice as an example. Lan calculates the value for 1000 yuan, which is equivalent to 576 yuan in 2005. It means that 1000 yuan has lost value by 424 yuan within eight years. Money Weekly reported that cloth was worth a few dozen yuan in the past. It is now selling for over a thousand yuan. Property prices have risen from several thousand yuan per square meter to between 30,000 to 40,000 yuan. Taking these cases as examples indicates that RMB has devalued by 500% within eight years. Gong Shengli, researcher, China Financial Intelligence Unit:"Chinese people's income hasn't increased accordingly. Who should pay them money? Civilians have to pay more, but they don't get the income they need to do so." Hong Kong's Oriental Daily describes that China is the worlds largest bank note printing country. At the end of 2012, China's money supply reached 97.4 trillion yuan. This is nearly taking up 25% of the global total, and is 1.5 times greater than the US. The report says that the madness of printing money is equivalent to simply ripping off it's civilians. Zhu Xinxin, former editor, Hebei People's Radio Station:"The CCP uses different ways to plunder from its citizens, some of which are visible, the others invisible. There are so many different taxes and fees, which civilians become heavily burdened by." Zhu Xinxin suggests that large amounts of bank notes have been printed, resulting in the rich becoming richer, and the poor becoming poorer. Rich people are using financial leverage to increase their wealth, and poor people are finding it difficult to survive. Zhu Xinxin: "CCP propaganda of China as a prosperous nation is an entirely illusory image. The truth is one of rich officials and poor civilians. Actually, the privilege group of CCP officials have seized the national assets in their hands." Sources indicate that 0.4% of the Chinese people have seized 70% of China's wealth. The high-level CCP, and the families of officials and princeling covert both the money and land. They launder the money, and their assets have reached thousands of billions of yuan. Sources say that PetroChina, China Mobil, Industrial and Commercial Bank, and other major state-run companies' were listed on the US stock market. US The state-run People's Tribune newspaper has reported that in 2009, relevant organs announced the 3,000 richest Chinese families. These families' wealth has a net worth of 1.69 trillion yuan. The article admitted that two out of three resources of the richest families are "red families and red businessmen." 《神韵》2013世界巡演新亮点 http://www.ShenYunPerformingArts.org/
Views: 823 ChinaForbiddenNews
Our Man on the Ground - Richie Santosdiaz
Since early 2018, Richie Santosdiaz has been travelling the world and meeting key figures in international trade on behalf of Open to Export. He’s been asking them about their advice for UK exporters and the support that is out there for them all over the world. You can watch and read some of his interviews below. https://opentoexport.com/blog/our-man-on-the-ground-richie-santosdiaz/
Views: 1104 Open to Export
Fixed vs. Flexible Exchange Rate Regimes and Policies
Interview granted to "Nova Makedonija" 1. What is your opinion about fixed exchange rate regimes? A. Fixed exchange rate regimes are useful in crisis circumstances, when the restoration of stability and the trust of citizens, investors, and speculators is essential. Such harsh measures, usually coupled with capital controls, should be short-term and lifted immediately when the economy had picked up and expectations have settled. Maintaining a fixed-rate regime in the long-term has nefarious and dangerous consequences as the exchange rate diverges further and further from the real value of the currency, adjusted to inflation. This erodes the competitiveness of exporters, renders imports relatively cheap, distorts the price signal throughout the economy (in other words: people don't know what the real value of their currency is abroad). It also leads to speculative attacks on the currency from the outside (if the currency is convertible and traded in free foreign exchange markets) - or from the inside (in the form of a thriving black foreign exchange market.) 2. What is the connection between exchange rate policies and better economic results? A. This depends on how open the country is to the global capital markets and what percentage of its GDP is made up of international trade and various transfers from abroad (such as remittances.) As a rule, the more exposed a country is to the ups and downs of the global market, the more it should have a flexible and adaptable exchange rate policy. A country that exports and imports a lot needs to have competitive manufacturing, services (e.g., tourism), and agricultural sectors. An important part of such competitiveness is having the correct exchange rate which reflects inflation differentials, purchasing power disparities, relative advantages, and structural elements. Such constant adjustment (up AND down, for instance within a band) is excluded by a fixed rate regime. By adopting a fixed exchange rate, the country is giving up on one of its most important automatic economic stabilizers and policy tools, as Greece is discovering now to its great cost. 3. Is a fixed exchange rate good for controlling inflation? Is there a possibility to control the prices and make a correction of the value of the currency? Inflation reflects expectations of the population regarding the future level of prices. These expectations are affected by the level of stability inside the country - but also by factors outside it. In a country that is open to international trade, foreign capital flows, and foreign direct investment, external instability is far more important than internal stability. Indeed, in countries like Macedonia, Israel, and Brazil, most of the inflation comes from the outside via the soaring prices of imports such as energy products, foodstuffs, and raw materials. There is little the monetary authorities can do to affect such imported inflation. Still, it is true that a string of unannounced, arbitrary, unscripted, incomprehensible, and large devaluations will create inflation. The exchange rate policy has to be transparent, predictable, rational, and adaptable. There are dozens of countries around the world with various modesl of flexible exchange rates and, yet, with stable prices: these two are not mutually exclusive. Flexible exchange rates mean that the currency can do down (devaluation) - but also up (appreciation or revaluation.) 4. What happens to an economy if people from abroad stop sending money? Depends on: (1) What is the share of remittances in the GDP; and (2) What are the remittances used for. In most poor countries remittances constitute 10-15% of GDP and they are used by the recipients mostly for consumption. When remittances decline, consumption and GDP are adversely affected, the level of foreign exchange reserves declines, and outlays on social welfare increase. 5. Can a country defeat the trade deficit with a fixed exchange rate? The exchange rate is only one component in the overall competitiveness of the economy. Structural reforms in the public sector and various institutions; infusion of management and marketing skills; innovation; a functioning financial system; new inputs (equipment, information technology, intellectual property under license); focused and up-to- date training and re-skilling; better access to core export markets; the economic conditions in these export markets; level and relevance of the workforce's education; mentality and ethos - all these are as important as the exchange rate alone. Germany and Japan had overvalued currencies for decades and still were able to achieve prosperity and dominate international trade.
Views: 10300 vakninmusings
Small country export tax
Effects of taxing exports in a small country. Government (tax revenue) and domestic consumers benefit (from the lower domestic price) but at a net cost to the domestic economy.
Views: 9760 Mike Moore
November 13, 2015 Financial News - Business News - Stock Exchange - Market News
November 13, 2015 Financial News - Business News - Stock Exchange - Market News CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2015 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2015 On Monday, there wasn’t much economic news, however, investors had time to further digest last week’s strong jobs report and markets turned downward on concern of the Fed raising interest rates as soon as next month. Exports from China in October fell 6.9% year-over-year, and imports dropped 18.8% year-over-year, and this also helped stoke fears of a global slowdown. Markets were down sharply by the close, with the Dow Industrials off 179 points. On Tuesday, import prices for October fell .2% for the month and export prices fell .5%. The U.S. dollar traded at its highest level since April against major world currencies. On Wednesday, more data from China showed retail sales were up 11% year-over-year in October, however, industrial output grew a bit below expectations at 5.6%. Markets ended the day modestly lower. On Thursday, jobless claims for the week ending November 12th were unchanged at 276,000. The Labor Department’s September JOLTS report showed the number of job openings increased 2.8% to about 5.53 million. Oil dropped sharply as crude oil futures settled at $41.75 a barrel, after government reports showed the U.S.’s stockpile of oil continued to grow. Markets fell sharply, with the Dow Industrials closing down 254 points. On Friday, the producer price index for October fell .4%, on top of the previous month’s .5% drop. Retail sales for October increased .1% on top of the prior month’s .1% gain. Markets opened sharply lower as oil prices continued to fall. Now let’s take a look at some stocks. Macy's, Inc. (NYSE:M). reported third quarter earnings before the market opened Wednesday and by the end of the day, shares tumbled almost 14%. The iconic retailer posted adjusted earnings of 56 cents per share, down from 61 cents a year ago. Revenue fell to $5.9 billion from $6.2 billion in 2014. This marks the third-straight quarter of declining sales. SunEdison Inc. (NYSE:SUNE) shares were down more than 24% Tuesday after the solar energy company reported a loss of 91 cents per share on revenue of $476 million. Analysts had projected a loss of 69 cents per share. Shares of SunEdison are down 82% since hitting this year's high of $33.44 on July 20th. Apple Inc. (NASDAQ:AAPL) new iPad Pro is the company’s largest and most expensive tablet to date. The new device started selling in stores Wednesday. Prices start at $799 and go up to a $1,217 model which includes 128 gigabyte and a pencil and keyboard cover. That’s 18% more than Microsoft’s Surface Pro 4 tablets with similar specs. On Wednesday Alibaba Group Holding Ltd (NYSE:BABA) and JD.Com Inc. broke their sales record results from the prior year during annual Singles Day, China's biggest shopping day. For the entire 24 hour period of November 11th, Alibaba had $14.3 billion worth of sales, an increase of more than 50% from $9.3 billion in 2014. JD.com didn’t disclose specific numbers, but said its revenue was double that of last year. Advance Auto Parts, Inc. (NYSE:AAP). shares collapsed more than 14% after releasing their third quarter financials. As a result, the company’s current CEO, Darren Jackson, will be stepping down in January. Advance Auto Parts has been under pressure from Starboard Value, an activist investor hedge fund, which is claiming that Advance Auto Parts should reduce its overhead costs and improve product sourcing. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 19881 FinancialBuzzMedia
Import/Export Secrets - How to Work From Home
http://www.importexportmillionaire.net Steve gives you an insight to the lucrative Import Export industry, and how YOU too can have a piece of the pie. Caution! Don’t Start an Import Export or Mail Order Business Until You Have YOUR Training Pack. Find Out Why Adam & Lisa Joined Up When Flooded Out- Twice & Then Travelled 1,075kms To Meet Us... Personal One On One Coaching Program...
Views: 11599 Import Export Secrets
New data on exchange rates and central bank policy rates
Explaining new BIS data sets released in September 2017
Impact of a Currency Appreciation
This short revision tutorial video looks at some of the possible effects of an appreciation in the external value of a currency. For more help with your A Level / IB Economics, visit tutor2u Economics http://www.tutor2u.net/economics If you find this topic video helpful, please SUBSCRIBE to our YouTube Channel For more help with Economics: Follow tutor2u Economics on Twitter: https://twitter.com/tutor2uEcon - - - - - - - - - MORE ABOUT TUTOR2U ECONOMICS: Visit tutor2u Economics for thousands of free study notes, videos, quizzes and more: https://www.tutor2u.net/economics A Level Economics Revision Flashcards: https://www.tutor2u.net/economics/store/selections/alevel-economics-revision-flashcards A Level Economics Example Top Grade Essays: https://www.tutor2u.net/economics/store/selections/exemplar-essays-for-a-level-economics
Views: 8839 tutor2u