External Expansion Limited

Showing posts with label credit expansion. Show all posts
Showing posts with label credit expansion. Show all posts

Wednesday, 30 April 2014

UNRAVELING THE INS AND OUTS OF INTERNATIONAL TRADE

Analyzing the origins of the expansion of International Trade, U.S. forces see how prefix your currency as a mechanism for international payment and then, with the unilateral breaking of the gold standard, the rest of the world embarks on credit expansion until the global financial crisis interrupted stage making a dent in the global economy. From this new situation, arise new approaches, which come from the hand of Russia, with the purpose of changing the dollar standard that prevails at present; and we wonder what will happen.