II. 2. The progress of Yen carry trade
Since 1990s, Japanese government and central bank started lowering interest rate policies so that Yen carry trade has begun.
1) After Kobe Earthquake in 1995, the Bank of Japan lowers the interest rate at 1%. In 1997, as financial crisis in East-Asia was broadening, Yen carry assets were paid off. In addition, The sharp increase in foreign bank as
II. Yen carry trade
II. 1. What is Yen carry trade?
II. 1. (1) Typical meaning
The typical meaning is “borrowing at low interest rates in yen and using the loan to buy higher yielding assets elsewhere.” During the past decade, the trade has become a “staple” for many investors. One of the most popular forms of the strategy exploits the gap between US and Japanese yields. Anyone
1. Abstract
On October 24, 2002, Korea concluded its first Free Trade Agreement (FTA) with Chile amidst delicate international and domestic circumstances. The first FTA between Asia and America allows Chile to strengthen its transoceanic platform proposal, either for services and exchange of goods (Government of Chile, 2004). It has been four years since the Korea-Chile FTA has been in effect
of Korean sun dried –salt’s industry
1907 Start of modern
sun-dried salt transfer creation
1947 If inside the shoes army next the war-weariness creation to be successful from, sun-dried salt transfer universal anger.
1960’s sun dried –salt’s union and
sun dried –salt official law
1980’s Prosperity
1997’s Opening the salt market
2002’s Income share of
continuously. It's already over $ 21,000. New Zealand's GDP per capital is similar with Korea.
- Major industry : New-Zealand
The value of the Agriculture sector accounted for 5.3% of GDP. The forestry, fisheries, and mining sector accounted for 2.8% of GDP. It means natural resources is one of the major industries in New-Zealand.
Trade statistics of countries
[Korea]