This article describes the changing geographic trading patterns of international trade. It includes a discussion of factors influencing these patterns, such as the growth of emerging economies, global integration after the Second World War, and changes in comparative advantage. It also considers how these changes affect employment. Using a graph to illustrate these changes, we…
Month: October 2022
Forex Concepts Everyone Should Know
When it does come to trading currencies, there are a few important concepts that everyone should know. There is the Pip, the market rate, Liquidity, the mid-market rate, the interbank rate, and FX spread, markup, and margin. Foreign exchange involves any transaction involving two or more different currencies. Pip A pip is a measurement unit…