International trade is the process of exchange of goods and services across international borders. International trade has an importance in the social, economic and political factors of a country and it represents a significant share in a country’s gross domestic product. Increase in the use of technology, industrialization, multinational companies...
Understanding global economy is subject to what is most frequently referred to financial literacy. Financial literacy is, as remarked by Giesler & Veresiu (2014) a set of skills and knowledge which allow individuals understand, how to earn money, how to effectively spend and invest it, and, lastly, how and why...
Africa is endowed with many natural resources. Such resources have been able to benefit various other countries located outside the continent. For instance, oil has been instrumental in building the economies of Arab countries such as Saudi Arabia and Qatar (Watts 51). However, the same effect has not been replicated...
Despite the corruption in the international monetary system that runs the various countries around the globe, the economic struggles that currently burden the continent of Africa is a direct result of repeated corruption and failure in African leadership. With regards to the natural resources that are fruitful across the land,...
In terms of economic factors, there are few which have affected Africa's overall performance greater than the slave trade and its long, convoluted history in relation to a global scale. The particular case of African development can be seen as directly responsible by the conditions which were set forth by...
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