United States dollar

Country risk is associated with lending or depositing funds, FDI, or any other financial transaction, in a country. Risks can include both political and economic risks, currency blockage, expropriation, financial uncertainties, and inadequate access to hard currencies. Understanding country risk in a global context is important as companies move from being domestic to multi-national companies. Country risk can impact decisions on investment of capital budget, whether to portfolio invest in…

Exchange Rates The exchange rate is “the price of a currency in terms of another, e.g. how many U.S. dollars can be bought for one pound sterling” (Rutherford 140). Exchange rate ensures the connection of the national currency with other currencies, as well as a comparison of macroeconomic indicators of different countries. Ultimately, the exchange rate determines the purchasing power of a particular currency. The exchange rate has a significant effect on the country's foreign trade since the…

For my profile of an economist I will present on David Hume. The format of this presentation will be Power Point. Hume was part of the Scottish Enlightenment and lived from 1711-1776. Hume strongly opposed mercantilism and advocated for free trade. One of his key discussions revolved around the price-specie flow mechanism. Hume evaluated British policies that minimized imports and maximized exports as a means of accumulating wealth. Understanding the nature of the market, Hume concluded that…

and established new administrations. However, the new government also has been corrupted. Their economy was ruined by repeated corruption. The new government has given special powers to ministries. Legal protection always favored the conglomerates. State-owned businesses were privatized, and the government betrayed the national properties. The opposition party was powerless. Both politicians and the media were corrupt, so they made a fool of people with lies.…

it is irrational to assign value to a piece of paper or a hunk of useless metals. Evidence lies in the past, The German mark was once so worthless due to over printing that the Germans burned it to stay warm through harsh winters. Even the American dollar today has suffered inflation so severe that a can of coke that would have cost five cents in 1959 now costs 30 times that amount. Sure, money is convenient, but it has also caused economic recession and depression. Without money, governing…

Q1: When determining what factors affect change on the exchange rate, the concept of supply and demand can be used to describe the overall behavior of those factors (Mishkin & Eakins, 2012). In regards to the exchange rate, demand is simply the desire that countries have towards obtaining currency foreign to their own. In a similar fashion, supply can be described as the amount of the currency a country supplies so that it can be exchanged to purchase goods priced in a foreign currency…

variability of foreign exchange gains and losses on ROE. These tests yielded a P-Value of 0.04 or 4%. A P-value of 4% is less than set significance levels at 5% (95% level of confidence) and 10% (90% level of confidence) hence the Null Hypothesis which states that there is no significant impact of foreign exchange gains and losses on the profitability of Oil and GAS Companies cannot be rejected. This implies that there is a significant impact of foreign exchange gains and losses on the…

Have you ever wondered why a dollar or even a coin has any value at all? It’s just a piece of paper or metal and just as easily seashells or beads could have been given value for trade, right? Well what’s stopping other physical objects, or in this case pieces of code, from having value? Virtual currency or “cryptocurrency”, so called because it is a currency that uses a form of cryptography, is a type of currency that exists solely online. One of the most successful cryptocurrencies to emerge…

Argentina, on the other hand, has a wide range of natural resources that the country benefits from. In 1976, the economy was affected by the depraved governance of a military dictatorship, which led to an increase in corruption and in anti-labor policies due to financial liberation increasing the country’s debt by reducing capital for investment. While Argentina is a rich country, since 1974 their economy has recorded steady economic growth meaning that there’s very little to no progress being…

the years the US dollar has proved to be one the more superior currency in the world. The US dollar will always be as strong as it because it is high in demand. Especially when we are trading with other developed economies such as Japan or Europe. So with the relatively good economy, it has helped boost up the US financial markets, it has made the us more attractive to foreign capital. Even though the US dollar has proven its worth some doubt its strength. Some claim the dollar constantly loses…