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12y ago

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What were the reasons people wished to trade with other countries?

This is because some countries have or had goods that in other countries were hard to come by, so countries traded for maximum satifaction.


Why the us have a strong economy after World War II?

Because the North American Continent was never damaged in the war while both Europe and Asia manufacturing facilities were completely devastated. If a country wished to buy new widgets, they HAD TO come from he U.S. as there were virtually no sources.


What are the controversies of Diosdado Macapagal?

From 1961 to 1965, Diosdado Macapagal served as president of the Philippines. During his presidency, Harry Stonehill, a $50 million business owner in the Philippines, was investigated for tax evasion, smuggling, and other corrupt deeds. Macapagal deported him rather than prosecuting him despite claims that he wished the campaign against corruption in the government.


What is the average annual income in Yemen in U.S. dollars?

It is very low. I cannot come up with an average number. I looked it up on Google and I found it ridiculously overestimated.However, in 2007, I remember that I used to be paid $150 a month even though I was a sale representative in one of the good cars companies in Sana'a, which is the capital of Yemen. At that time, the average salary within the company was about $250. I wished I could work at the U.S embassy when I heard that there were people who used to make $500 a month. So, you can get a sense of how much you would make.


What will occur if reserve bank wished to impliment a deflationary open-market policy?

If a reserve bank wishes to implement a deflationary open-market policy, it will sell government securities in the open market. This action reduces the amount of money in circulation, leading to higher interest rates and discouraging borrowing and spending by consumers and businesses. The overall effect aims to curb inflation by decreasing demand in the economy, thereby stabilizing prices. However, it may also risk slowing economic growth if not managed carefully.