Ⅱ. Exchange rate regime
1. What is the exchange rate?
In finance, the exchange rates between two currencies specifies how much one currency is worth in terms of the other. It is the value of a foreign nation’s currency in terms of the home nation’s currency. For example an exchange rate of 91 Japanese yen (JPY, ¥) to the United States dollar (USD, $) means that 91 yen is worth the
: Interest Rate ↑→ Currency↑
Japanese Yen surged by 4.6% to 80 yen per dollar just within minutes on Wednesday in practice and it was the biggest move in history
Insurance companies and many other Japanese Companies withdrew their foreign investments and exchanged them for Yen
in order to cover insurance and restore the country.
Yen became in demand and got strengthened.
Structure of international politics during the Cold War bipolar system of the United States and the Soviet Union as an axis. The same mechanics smile narrowly defined as hostile relationship the other hand, China has opened up a variety of possibilities to the third country. Flexible balanced bipolar system, the US-China relationship as defined. During the Cold War, the US-China actually has been
I. Environment Analysis
Introduction
Lately, South Korea's cosmetic companies are actively entering Japanese market. In particular, low-priced brand companies entering are remarkable. Continuing the long-term recession, Japanese consumers find inexpensive cosmetics. Through this period, cosmetics of South Korea draw popular through low price and good quality. Celebrity publicity is also inf
1. What is meaning of Sino?
In foreign terms, Sino mean the name of China. Sino must be used as connected with a shape accompanied hyphen (-). There are two cases as follows.
① Mainly In diplomatic, history term,
When used in conjunction accompanying China and other countries.
* the Sino-Japanese War 중일전쟁
* Sino-US relationship 중미관계
② China-rela