Currency pair

they mainly target the transition of Bitcoin from virtual currency into common fiat currency. This method of regulation assumes that criminals that use the Bitcoin’s anonymous nature will eventually need to convent their Bitcoins into another currency. This may be an effective strategies for the time being, however, if Bitcoin become a widely accepted medium of exchange in both the online and the offline world the need to exchange currencies in order to access real value may be…

Health-based regulations In the past eras the health effects of the consumption of tobacco and its related products were ignored (Bates, et al., 2003). The level of awareness of the health effects and risk posed by the consumption or exposure to the consumption of such products was limited. Few people were aware of what tobacco and related products could do to their bodies, but this has changed in the recent past (Kessler, et al., 1996). With sensitization and creation of awareness many people…

investigate the effectiveness of PPP in future researches. Firstly, since the exchange rate involves the matters about international transactions and other economic aspects, resulting in that the trade protectionism hampers the convertibility of currencies. Furthermore, the system of monetary and foreign exchange control differs from country to country. Hence, it is difficult to measure the degree of foreign exchange control, and they are unable to be quantified at the same time. It is…

Beck, Thorsten. "Financial development and international trade: Is there a link?" Journal of international Economics 57, no. 1 (2002): 107-131. This paper by Beck focuses on economies that has created budgetary sectors, have a near favorable position in assembling businesses. A two-division display demonstrates the part with vast scale economies benefiting more than the other financial sectors. In nations with elevated amounts of monetary advancement, fabricated fares speak to a higher offer of…

Blockchain is a shared, distributed ledger that facilitates the process of recording transactions and tracking assets in a business network [1]. It is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but can be applied to everything of value. Once the information is entered in Blockchain it cannot be erased, modified or tampered with. Everyone in the network will be able to write data/perform transactions but cannot modify…

VISA Inc. is a multinational financial services corporation which facilitates electronic funds transfers across the world. Visa also issues debit and credit cards but it does not extend credit or sets charges for the consumers. It only caters to the needs of financial institutions regarding VISA-branded payment products which are used by the institutions to offer cash access programmes and cashless transaction programmes to their customers. The global network of Visa transactions is also called…

According to Edward Bahaw, Money can be defined as anything which is generally acceptable as a means of settling a debt obligation. Money can also be defined a medium of exchange, standard of deferred payment, unit of account and a store of value. As persons need money to get things done, persons will demand and hold money for various reasons. Firstly money demanded can be defined as the amount of money a person holds in their possession. The three motives for holding money…

few problems; we will be dealing with notably two. Starting off with, the sample he worked with, ignored the most flourishing period of the Bretton Woods system i.e. 'heyday'. It started in 1962, mistakenly assumed to be in 1959, when most of the currency of Europe turned convertible, extended even after 1968, the year in which there was a fall down of the gold-pool agreement and the centre country removed obligation on Federal Reserve remarks. Secondly, Giovennini’s data collected from the…

equivalent of the price in Swiss francs at the date that payments should have been made. That is, initially the plaintiff advanced a claim in complete accordance with what was then understood to be the mandatory approach in English courts, the forum-currency/breach-date rule. However, because of doubts cast upon the wisdom and scope of this rule after the drafting of its claim but before the matter came on for hearing- in particular, the decision of the Court of Appeal in Schorsch Meier came out…

How important were economic factors in determining US foreign policy in1890? There were many economic issues, which contributed to the determining of US foreign policy, some were very important than others. There were also many planned, religious and government policy issues. They affected the USAs foreign policy. Foreign policy is the way a certain country contracts with other countries. It can be pretentious by domestic thoughts and the behavior of other states. America increased effect over…