0
How did the increase of trade in the global exchange led to inflation?
Wiki User
∙ 11y ago
As more products came on the market, wealth increased, and countries started making more money. As more money flooded the market, so it led to inflation.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What is inflation according to Hawtrey?
Inflation results from an increase in the amount of circulating currency beyond the needs of trade; an oversupply of currency is created, and, in accordance with the law of supply and demand, the value of money decreases. This is because excess demand means that aggregate demand is growing faster then the capacity of an economy to supply.
In what early civilization did an increase in trade lead to spread of new ideas?
The early civilization in which an increase in trade led to the spread of new ideas was the Ancient Silk Road civilization. The extensive trade network connected East Asia with the Mediterranean region, facilitating the exchange of goods, technologies, and knowledge. This resulted in the spread of various ideas, such as religion, philosophy, and scientific advancements, across different cultures and regions.
Why were Americans excited when they first learned of the French revolution?
they felt it would increase trade with France .
What term to describe the exchange of goods?
That is called Trade Barter Commerce Swapping Returns (an probably a whole lot more)
Did trade between regions increase during Shi Huangdi's rule?
yeah
How did the increase of trade in the global led to inflation?
As more products came on the market, wealth increased, and countries started making more money. As more money flooded the market, so it led to inflation.
What is global trade?
Global Trade is the exchange of goods and services between countries. Also, global trade could be taken in the context that there are no barriers to trade, thus there is global 'free' trade between countries.
How did technological innovtions influenced global trade?
Technological innovations have made global trade a lot better connected. They have also been able to increase the amount of global trade.
Establish international technological standards to facilitate the global exchange of information and barrier free trade?
ISO
The goal of is to establish international technological standards to facilitate the global exchange of information and barrier free trade?
ISO
Where can someone find information about global trade?
Information about global trade can be found on Global Trade Alert, Global Trade Corporation, World Trade Organization and Global Trade Information Services.
Whose goal is to establish international technological standards to facilitate global exchange of information and barrier free trade?
ITU
What goal is to establish international technological standards to facilitate global exchange of information and barrier-free trade?
ISO
Global economic interdependence and the effect of trade practices and agreements?
The economies of the world are all dependent on one another, because of these trade practices and agreements they've outlined. The trade agreements keep each country of the world accountable for their own economies and for the peaceful exchange of goods and services across the world. It is this exchange and interdependence that keeps the global economy afloat and working.
What is a result of global trade?
What is a result of global trade
Will global trade increase?
Yes, however it's essential for our collective futures to do this in a more environmentally sustainable way.
Will global trade participate in global trade in the future?
ove coure it will
