Journal of Advanced Management Science Vol. 2, No. 1, March 2014 The Determinants of Gold Prices in Malaysia Siti Nurulhuda Ibrahim, Nurul Izzat Kamaruddin, and Rahayu Hasan Universiti Teknologi MARA, Bandaraya Melaka, Malaysia Email: {Sitinur304, nrl_izzat, rahayuhasan} @bdrmelaka.uitm.edu.my Abstract—This paper analysed factors that affecting the prices of gold in Malaysia. The study used Multiple Linear Regression Model to determined significant relationship between dependent and independent
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Name: Azwirah Yasin Course: Econs 001 Title: The strength of a currency reflects its credibility. Or is it the other way round Date: 11/21/2014 In this world of globalization, every country have the strong desire to move the nation forward and nurture their determination to sustain, develop and increase its power among other countries. It is indeed a known fact that we somehow have the richest country to the poorest country, each striving to attain credibility and integrity with countless
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95651546 Abstract The dollar- linked exchange rate system in HK was put into operation in 1983 and was always regarded as the footstone of stabilizing HK economy since then. However, 30 years later, great changes both inside and outside have taken place in Hong Kong. Now, a series of economic and social problems associated emerge with the Hong Kong's present exchange rate arrangement- linking HKD to USD. Is the dollar-linked exchange rate system still suitable for HK? Will the Hong Kong monetary
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Macro aggregates are the economic indicators that describe the conditions of an economy. Examples of macro aggregates include national income, unemployment, inflation, exchange rate, remittance, total consumption and investment, export, import, balance of payments, national budget etc. This paper is mainly focused on analysis on four macro aggregates such as inflation, remittance, exchange rate and export between two different time period i.e. October to December 2012 and October to December 2011
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Seminar 3 Introduction to Business - Part 1: Conducting Business in the Global Economy Chapter 3 Competing in the Global Economy Learning Objectives 1. Discuss why nations trade 2. Explain why nations restrict international trade and list four forms of trade restrictions 3. Highlight three protectionist tactics nations use to give their domestic industries a competitive edge 4. Explain how trading blocs affect trade 5. Highlight the opportunities and challenges of conducting business
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Determinants of Exchange Rates * The Purchasing Power Parity or PPP happens to be one of the most significant approaches to determine exchange rate. PPP is primarily based on the “Law of One Price”. However, this law is based on the assumption that identical goods are sold at equal prices. It is a flow model of the balance of payment. This law lays down that exchange rate of currencies have to compensate for the differences in prices of goods. The Relative PPP approach continues to be applied
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members as primary objectives of economic policy. 3. To promote exchange stability, to maintain or orderly exchange arrangements among members, and to avoid competitive exchange depreciation. 4. To assist in the establishment of a multilateral system of payments in respect of current transactions between members and in the elimination of foreign exchange restrictions which the growth of world trade. 5. To give confidence to members by making the Fund’s resources available to them under safeguards
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competitiveness would have to be restored by reducing domestic prices, wages, and public expenditures in order to drive down the real exchange rate. Latvia's policy program and initial results To study economic adjustment under a fixed exchange rate system 1. Explore the meaning of a "sudden stop" in capital flows and causes of Latvia's economic boom and busts. 2. Assess the tradeoffs involved in internal and
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First Name Surname Instructor Course Date Economics 1. The value of the US dollar is currently at very high levels in historical contexts vis-à-vis other currencies. When the value of dollar increases, how is it supposed to affect the US exports and imports? What effect could we have on international trade balances, domestic employment, and GDP? Looking first at the export, on 1 July, one euro traded for $1.37 yet on 13 October, one euro could only get $1.27, which is about 8.5% less. It
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vibrant private sector. The country joined the European Union in 2004 and pegged its currency, the lat, to the value of the euro. The eventual goal for Latvia was to adopt the euro. To maintain parity against the euro, Latvia used a variation of a system known as a currency board, where local currency in circulation is backed, unit for unit, by re- serves of foreign currency, which in Latvia’s case was primarily the euro. From 2006 onward repeated warnings indicated the Latvian economy might be overheating
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