Risk and Electronic Payment System:

risk and electronic payment system

People are widely using the electronic ways of payment and they also prefer it over traditional ways. The easy ways provided by electronic systems which are convenient also are the reasons why such systems have achieved such popularity and adaption. But convenient and eased life doesn’t mean there is no risk. […]

TRADE BALANCE AND CURRENCY DEVALUATION:

TRADE BALANCE

The balance of trade and currency exchange rates are influenced by each other because it affects the supply and demand for foreign exchange. The price of the currency fluctuates in the world market when exports are not equal to imports. The price of one currency is described in terms of another when the values are […]

DISADVANTAGES OF FREE TRADE:

DISADVANTAGES OF FREE TRADE

Free trade remarkably contributes to economic development. Countries can boost their economies through collective economic activity. Besides all the good things about free trade, it also has negative impacts as well: DISADVANTAGES OF FREE TRADE Fewer trade barriers mean people from other countries can come to avail jobs in local companies. […]

FREE TRADE AND ITS BENEFITS:

FREE TRADE

Free trade is a phenomenon that encourages the exchange of goods and services without strict restrictions in order to increase its benefits. Free trade can benefit all the countries involved in it because fewer restrictions mean free movement of goods and services. In the arena of free trade a very important […]

Money Transfer to PayPal Account

paypal account

Nowadays you can make a different type of money transfers like money transfer to PayPal, cash transfer or money transfer to the bank accounts. Even you can send money to mobile wallets or on Facebook. This has made things so much easier and provides the opportunities for the businesses to expand […]

IMPACT OF MONETARY POLICY ON REMITTANCES:

IMPACT OF MONETARY POLICY ON REMITTANCES

Remittances; funds sent by foreign workers to their home countries, are very much important to the economic growth of developing countries. The monetary policy of the country deals with the issues of inflation rates by increase and decrease in the money supply typically by the central banks. The relation between remittances […]