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In our society today, money's value is measured by what it can buy—its purchasing power—not by its material worth, but it hasn't always been so. · My previous papers Impact of agriculture output on exchange rates and Currency competition-Survival of the fittest dealt with issues surrounding...
Persistent link: https://www.econbiz.de/10005408054
‘When it comes to a new international money to replace the dollar, if it be replaced within the near-term future, I find it impossible to fasten on to a firm prediction… The safest prediction is that there will be another transitional period, like that between the world wars, after which a...
Persistent link: https://www.econbiz.de/10005561253
Agriculture accounts for USD 547 billion (approximately) of international trade, which means 9.1% of world merchandise trade and it constitutes 40.9% of world exports in primary products.In the coming decades the agricultural sector faces many challenges stemming from growing global populations,...
Persistent link: https://www.econbiz.de/10005119347