Firms engaged in importing and exporting use forex transactions to pay for goods and services. Consider the example of a German solar panel producer that imports American components and sells its finished products in China. The Chinese yuan the producer received must be converted back to euros afte...
1970 was the World Conservation(保护)Year.The United Nations wanted everyone to know that the world is in danger.They hoped that governments(政府)would act quickly in order to conserve nature.Here is one example of the problems.At one time there were 1, 300 different plants, trees and flowe...
You’re about to pull the trigger and buy 100 shares of a stock you’ve had your eye on. Each month, you contribute to your 401(k), spreading the money among several funds. Your parents are retired. Each month, one receives a pension check, while the other sells part of their portfo...