International Finance Case Study Example | Topics and Well Written Essays - 1500 words

International Finance - Case Study Example One of the ways through which persistently weak currencies can be stabilized is by use of the preexisting currency. This implies that the government can employ microeconomic policies in order to ensure that the currency regains its value. For example, central banks should ensure that money supply is closely monitored to avoid inflation. Other instruments that can be used to regulate money supply include open market operations, discount rate and reserve requirements among others. Most importantly, the interest rates should be controlled to ensure that the public do not excessively borrow an aspect that can result to increase of the money in circulation and inflation. Another way of solving the problem of persistent currency is introducing a new currency. This implies that the central banks should hire experienced economic analysts in order to study the implication of generating new currency. It is vital to note that due to dire causes of making new uncontrolled currencies including hy perinflation, it is essential that government should first use all the available microeconomic policies before embarking on introducing a new currency. Vietnamese Dong among other weaker currencies can also be stabilized by borrowing foreign currencies (Ellen, 2012). Most of the countries with weak currencies usually borrow US dollars in order to ensure that the value of their currencies is maintained at an appropriate rate. While all the three ways are important, the best approach that a government can use depends on political situation. Most importantly, the three approaches should be able create a domestic market, increase reserves and strengthen the existing institutions. By importing or exporting to a foreign country such as Thailand, Blades is able to benefit in various ways. First, the company is able to import the products that it is facing difficulties in producing. Based on the high costs of production that Blades is facing in the US market,

The Appalachians in North America Essay Example | Topics and Well Written Essays - 1250 words

The Appalachians in North America - Essay Example Mitchell., Additionally, the Appalachian mountain ranges also include ridges and valleys1. Appalachian is a name that is believed to have been derived from the Apalachee Indians who were believed to be the pioneers of the place and were mostly woodsmen. Early Appalachian was full of valleys and huge gaps that were not easily navigable thus hindering transportation and various activities. This writing analyses some of the significance of the Appalachian Mountains both in geographical perspective and in the society. The Appalachian Mountains re of great importance as far as recreational matters are concerned since it has numerous parks and also the Appalachian Trail which is mostly used by stout hikers globally. The mountain ranges remain one of the most significant geographical and historical features in the world especially due to its uniqueness and size as well as its old age. Perhaps if the Appalachians could have been located in a different place it could still maintain its geogra phical influence but different cultural and economic influence2. The mountains could not affect the natives or the first settlers equally because there must have been different cultural background of the settlers. Suppose the Appalachians could have been located in Africa or Asia, initially the name and the culture of people around it would have been traced back to the original African or Asian culture. Even economic and social activities would have either slightly or greatly changed. Some of the features of the mountains especially the ice cover and vegetation cover may have also been altered depending on the climate and activities taking place in that particular region3. This is one of the pictures of some of the National Parks found within the Appalachian region which is known as Shenandoah National Park in the Blue Ridge Mountains in western Virginia4. Culture of the people living around the Appalachian Mountains was a mixture of different cultures from England, Scotland and Ger many settlers who were seeking land, freedom and new opportunities thus making the region multi-cultural region especially at the modern age when most people around the world have gone to seek for employment. Some Americans also think that the Appalachians are not well educated and all these could be attributed to the fact that the regions’ topography could not favor infrastructural development. The Appalachians are not as civilized as other parts of America and are sometimes referred to as hicks, rednecks and hillbillies. The Appalachians greatly consider family values and togetherness5. European settlers greatly influenced the social disruption that also brought about environmental disruption especially due to introduction of plants and animals from Europe. The indigenous however initially depended on the valuable resources provided by the Appalachia region such as wildlife to be hunted, fish from the sparkling rivers as well as logs that helped them in building houses6. Th ere were also some unique cultures such as casual mountain dances practiced by the Appalachians. It is also worth noting that most of the Appalachians could not fully dwell on farming because the mountains were rocky and hilly thus hindering their ability to make a living out of farming. This led to some disheartening conditions such as widespread of poverty that eventually led to widespread disease infections and malnutrition amongst the population specifically the children7. Economic activities within the Appalachian regions varied from fishing, farming, manufacturing and commerce. There are also notable coals as well as natural gas in the Appalachian plateau as well as