YUAN VS DOLLAR: BATTLE FOR INTERNATIONAL HEGEMONY

Clearly in the world are happening political, economic and social changes, so from this blog we want to give the reader an idea of how this metamorphosis affects international trade, but above all, we want to provide information so as to form with realities implicit in the day and usually we are not able to see. In this article we express our personal opinion about what some developing countries should do to be definitely developed based on commercial export potential from its wealth of natural resources which must be increasingly transformed into finished products.

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.