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.

JAPAN: AN EXAMPLE TO FOLLOW FOR THE EUROPEAN COMMUNITY

Japan is currently the world's third largest economy after the U.S. and China. However, the country's traditional policy given its cultural conviction and a series of events outside their control have catapulted to a continued deadlock in time for decades. It was break the routine combining perfectly both monetary and fiscal policy, so it starts to show signs of a speedy recovery and hope to continue down the path right. Japan begins to leave behind deflation and would be interesting that the European Central Bank take note of how to do following suit.