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Kay Bradley

http://www.princeton.edu/~pkrugman/deardorff.pdf - 0 views

www.princeton.edu/...deardorff.pdf

comparative advantage economics trade Krugman

shared by Kay Bradley on 25 Sep 12 - No Cached
  • Kay Bradley on 25 Sep 12
     
    Paul Krugman macroeconomic discussion of comparative advantage and world trade: Acts 1-3
ershai

Venezuela subtracts six zeros from currency, second overhaul in three years | Reuters - 0 views

www.reuters.com/...verhaul-three-years-2021-10-01

venezuela currency economy

shared by ershai on 20 Oct 21 - No Cached
  • Venezuela's year-on-year inflation is 1,743%, according to the Venezuelan Finance Observatory. A minimum wage salary is barely $2.50 per month.
  • Maduro's socialist government blames U.S. sanctions for the country's woes, while critics assign responsibility to interventionist macroeconomic policies
  • widespread adoption of the U.S. dollar for commercial transactions in Venezuela
  • ...1 more annotation...
  • Bolivars in cash in Venezuela are rarely used for routine purchases
  • ershai on 20 Oct 21
     
    In the beginning of October, Venezuela cut six zeros from its currency in an attempt to fight inflation. Similar attempts have occurred, in 2018 for example, but the effects typically don't last more than a few years. Bolivars in cash are rarely used for everyday purchases anymore.
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