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The United States and Asia by Zalmay M.Khalilzad
The United States & Asia by Zalmay M.Khalilzad
The United States & Asia by Zalmay M.Khalilzad
The past 20 years have been a time of relative peace in Asia and, notwithstanding the 1997-1998 financial crisis, a period of robust economic growth as well. Currently, however, Asia is beset by a variety of problems that could well imperil the stability it has long enjoyed — including territorial disputes, nuclear rivalry, rising nationalist sentiments, and increased military capabilities. This report summarizes the manner in which the United States can best meet these challenges and thereby ensure continued peace and stability in the region. In the interests of this goal, the report outlines an integrated political, military, and economic strategy that the United States can pursue to inhibit the growth of rivalries in Asia and, more broadly, prevent the rise of instability in the region. Also delineated are changes in U.S. military posture that will be made necessary by this strategy.
“synopsis” may belong to another edition of this title.
What is forex?
Quite simply, it’s the global market that allows one to trade two currencies against each other.
If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.
If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.
Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.
An exchange rate is the relative price of two currencies from two different countries.
You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!
You’ve exchanged one currency for another.
Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.
Currency Exchange
Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.
It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.
Salepage : The United States and Asia by Zalmay M.Khalilzad
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