Economy

What is the foreign trade balance?

and what is its definition? The balance of payments represents monetary transactions between one country and another in a given fiscal year. It includes imports and exports of goods and services, investments, donations, and remittances.Thus, the balance of payments is divided horizontally (imports and exports of goods and services, investment income, and foreign currency reserves) and vertically (credits – inflows of funds; debits – outflows of funds). In other words, it is the balance between exports to and imports from a country, and the difference between exports and imports represents the balance of payments. The balance of payments is

Economy

Economists Warn Trump Against 1930s Mistakes

A total of 1,140 economists, including 14 Nobel laureates, wrote to Donald Trump on Thursday in response to escalating trade friction between the United States and the European Union sent the letter. Trump has imposed tariffs on steel and aluminum imports, but has granted temporary exemptions only to the European Union and Australia, among others.In 1930, 1,028 economists urged Congress to reject the protectionist Smoot-Hawley Tariff Act. The letter\’s authors cite this trade law, which many economists believe was one of the factors that triggered the Great Depression. Today, Americans face a host of new protectionist activities, including threats

Household

Household Management

Well, generally it\’s a matter of course. It means keeping the whole gear turning . Keep it from creaking, keep it from jamming, keep everything moving. It can be a bit nerve-wracking. If it\’s just one guy, it\’s not that big of a deal. Because what you don\’t clean up yourself stays put, and what you do clean up, you clean up the same way. It just has to be repeated from time to time. How often is up to the owner of the apartment, house or property. But if there are more occupants in the household, there are

Business

Draw a line in the sand and start a new life

Workplaces are very important to our lives. In this day and age when people tend to postpone retirement, it is really desirable to choose a job that you find fulfilling and enjoyable. This is because as long as you are doing work that satisfies you, the financial rewards are not that important. For this reason, people who have dreamed of their duties from a young age are observed by others as happy and successful. The majority, however, are not so lucky and want to change, or at least improve, their jobs. If you are one of these people, there

Cell phone

Smartphones

Now that almost everything is subordinated to technology, I sometimes feel like I\’m in a science fiction movie. But what do I actually need from these technologies to live? Of course, we need cell phones and computers to live. In this day and age, I can\’t live without them. Whether at work or in our personal lives. We need to be connected to everyone. From doctors to your children\’s school teachers. But do you know the advantages and disadvantages of cell phones? Smartphones can do many things. We used them to call and text. But with the advent of

Travel

Super Tips for Choosing the Best Light Bulbs

Light bulbs have many great features that we all need. Choosing the right one is important because if you choose the right one, you won\’t have to replace it for a long time. Don\’t make your decision based on price alone. There are fourbasic choices. classic (60W), halogen (42W), energy-saving (12W), LED frosted (9.5W) and clear (6W) bulbs. Sizes and finishes also vary. Otherwise, the products would not fit and would be unusable even if economically feasible. At the same time, the market enjoys an abundance of shapes. It is up to you to decide what design you want.

Online

Do I need a lawyer?

For example, everyone lives somewhere, works somewhere, drives somewhere. And there are problems with all of the aforementioned, and those that are not. And that these various problems can arise! And if it escalates, it can reach the stage where the circle of paragraphs begins to tighten around you. Normal people often get stuck here. This is because while we all know approximately what is allowed and what is not allowed, what is done and what is not done, there are so many nuances, even very small ones, that, after all, one does not know them. And it is

Cell phone

Cell Phones and Teenagers

I remember the first time my mother took me to a store that sold cell phones. And I looked around the store for a while, wondering why I was there, and after about 5 minutes my mother came up to me and told me to pick out a cheap cell phone. She said it would be my birthday in a week and I could pick out one of the phones. How happy I was. Because that was my dream. My best friend already had a cell phone and I was the only one who didn\’t. And I really don\’t

Economy

If you need a loan

Sometimes you have to borrow money to get by. There are times when you have to pay more than you earn or save. At such times, one cannot do without debt unless one becomes a defaulter, i.e., one who does not have a good reputation among sensible people. What if such a person needs to take out a loan? How can we make sure that such a loan will be of good help to that person and not break his/her neck later? Such a person should think and calculate carefully before applying for this form of assistance. This is