forces. The state level explains international situation as being driven by the domestic regimes of states, while the system level focuses onthe role of systemic factors, or the effect that international anarchy is exerting on state behavior.
① Individual level
By using the individual level, we can analyze that this dispute is attribute to Lee Myung-Bak and Gim Jeong-Il.
Lee Myung-Bak
On August 2, 1990, Iraq invaded and occupied Kuwait
On August 3 the UNSC called for Iraq to withdraw from Kuwait
On November 29 the UNSC called for Iraq to withdraw from Kuwait by January 15, 1991,
Ṣaddam Hussein refused to withdraw Iraqi forces from Kuwait
On January 16–17, 1991 The Persian Gulf War began
- With the multinational coalitionforce led by the US air offensive
On August 2, 1990, Iraq invaded and occupied Kuwait. UNSC tried to resolve the situation peacefully to avoid armed conflict. On August 3, the UNSC called for Iraq to withdraw from Kuwait, and On November 29, the UNSC declared that if Iraq did not withdraw from Kuwait by January 15, 1991, they authorized using of force against Iraq. However, Hussein refused to withdraw Iraqi forces from Kuwait. On
the franc hit a record high against the euro.
“The Japanese authorities need to be aggressive now and hit the market hard, fast and furious, because as time goes on, the announcement effect will dissipate,” David Bloom, global head of FX Strategy Research, said in a report to clients Wednesday. “For this to actually work, what is needed is global cooperation.”
Theintervention by
the 20th century. As the average lifetime is getting higher, the percentage of World`s population aged 65 and over is going up.
Figure4. Percentage of World’s Population Aged 65 and over (*Projection)
20th century governments in the developed countries decided to expand public pensions. They decided to und them on a pay-as-you-go so called paygo basis. The paygo model was attractive
2. Policy Analysis with Partial Capital Mobility
• Expansionary fiscal policy, fixed exchange rates
IS curve shifts right, Y and R increase.
Higher R increases foreign capital inflow.
• Creates BP surplus and upward pressure on currency.
Central bank intervenes in the foreign exchange market.
• Buys excess foreign currency.
Incr
the market to sell yen and buy dollars, Japanese Finance Minister Yoshihiko Noda said he will continue to watch forex market trends.
The widely anticipated move immediately pushed the surging yen down from the fresh 15-year highs it hit on Tuesday to trade above 85 against the dollar. The U.S. currency gained more than 2 percent immediately after theintervention.
On Tuesday the yen had r
standard (-+1%)
1945. 10 The official won-dollar exchange rate was enacted to 15 won per dollar by U.S. authorities.
1948. 02 The dealing rate about 850 won per dollar was formed after the enforcement of the foreign exchange slip of deposit policy.
1948. 10 After the establishment of a government, the official exchange rate was formed to 450 won per dollar onthe basis of (The tenta
the domestic affairs of another state when citizen’s lives are at stake due to actions by their government. Supporters of humanitarian intervention argue that it is legal and legitimate, referring to the UN charter 2:7 article. The idea of humanitarian intervention is contested because of its links to the principles of sovereignty, non-intervention and non-use of force. Humanitarian interventio
Article 1 Application of UCP 600
The Uniform Customs and Practice for Documentary Credits, 2007 Revision, ICC Publication no. 600 ("UCP") are rules that apply to any documentary credit("credit") (including, to the extent to which they may be applicable, any standby letter of credit) when the text of the credit expressly indicates that it is subject to these rules. They are binding on all parti