Tag: currency

An exchange rate is a ratio of two currencies whose movement primarily reflects changes in both countries that issue those currencies. In my international trade…

Bitcoin has been all over the news recently. Some claim that it is a Ponzi scheme run by hackers. Others claim it is an idealist…

Shinzo Abe was first elected prime minister of Japan in September 2006. He showed commitment to fiscal policy reforms, including a balanced budget, but failed…