Determination of Won/USD Exchange Rate With Respect to Global Oil Price Change
To see the relationship between exchange rate and oil price, we use econometrical methodology, multiple regression. Our regression model is this:
s_t=β_1+β_2 (m_t-m_t^* )+β_3 (y_t-y_t^* )+β_4 〖lroil〗_t+u_t
*Explanation about explanatory variable
s_t : Nominal exchange rate (USD/Won)
m_t-m_t^*
Technology
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∘ Fermentation Control : It is a method for protecting the product from air outside, and controling enzyme activity. The advantege of this method is that it help extend expiration date of Makkoli to triple.
∘ Raw-rice Fermentation : It is restored of traditional brewing traditional wine technique. Brewing in this way, it doesn't need to steam rice so that
Ⅰ. 한국 자동차 기업 현대자동차(HYUNDAI)
1. 현대 자동차의 북미 진출 배경 및 현황
"Excel = 현대 차 =한국 차"라는 인식을 거두며 미국 진출에 성공했던 현대는 그 동안 미국 시장에서 저가에 소유하는 차라는 인식이 컸다. 이러한 현대의 저가 이미지는 고품질 승용차에 대한 소비자 유도의 장애요인
I. Introduction of currency wars
War using the exchange rate policy has been sustainable like Europe’s exchange rate policy in the early 20th century and Japan’s exchange rate policy after World War II. Recently, Economic purposes such as restoring slowdown of economy due to financial crisis and recovery of trade deficit are combined with political purpose and retaliatory currency manipul
What is Bioenergy?
Bioenergy is renewable energy made available from materials derived from biological sources. Biomass is any organic material which has stored sunlight in the form of chemical energy. As a fuel it may include wood, wood waste, straw, manure, sugarcane, and many other byproducts from a variety of agricultural processes.
So, Why do we produce Bioenergy?
One reason governments