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Home/ IB Economics HL 2010-2012/ Contents contributed and discussions participated by Gunnhildur Omarsdottir

Contents contributed and discussions participated by Gunnhildur Omarsdottir

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Egypt Seeks $3.2 Billion Loan From I.M.F. - 2 views

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    The article is discussing the effect on recent in events in Egypt on their exchange rate. The exchange rate has devalued drastically in the last year and economists say that a further devaluation will almost be inevitable, as it is likely to cause a very bad inflation as well as further social unrest. The reason for the devaluation in the currency is reduced demand for the currency, for example there are much fewer tourists in Egypt now that have been before.
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Brazil inflation rate climbs after interest rate cut - 0 views

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    The article discusses a situation where Brazil is dealing with high levels of inflation. Assumptions are that this is happening as a result of declined exchange rates.
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China Charges Protectionism in Call for Solar Panel Tariffs - 1 views

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    This article is about that China fears that if the US turns to protectionism it will have very bad effect and undermine the global economy, it would also harm international efforts to combat global warming.
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Growing trade ties between India and Pakistan - 1 views

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    The article is about how India and Pakistan are hoping to trade goods directly instead of continuing to trade through third nations such as Sri Lanka and Dubai, they hope to be able to trust each other to make a good trade agreement that everyone will respect.
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US South Korea trade deal clears first hurdle - 2 views

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    This article is about a free trade agreement that US and South Korea made. They have finally reached an agreement four years after they had initially agreed on trading. This shows that there are various barriers in free trade. One of the reasons for why the US wanted to trade now was to make more job opportunities in the US.
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