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Modern macroeconomic theory claims that government spending, taxation, and monetary creation is essential for economic growth ...
North Korea, a socialist economy that relies on rationing as the main means of goods distribution, is building a rare ...
Pyongyang’s official currency exchanges are expanding beyond the dollar and yuan to handle yen, euros and rubles as North ...
The Central Bank of Nigeria has reduced the exchange rate to clear goods at ports as the naira performed strongly in the ...
including goods,” Deputy Finance Minister Ivan Chebeskov announced, speaking to reporters on the sidelines of the international “Exchange commodity market” forum. Quoted by the Russian ...
What is the value of a country’s goods against those of another country ... are somewhat sticky in the short run and the nominal exchange rate is not (in countries where exchange rates are market ...