Economics E Scavanger Hunt Laura And Derek Essay
Portugal has the lowest inflation rate. Low inflation rate is widespread in Europe. The reasons for low inflation rate in Rezone can be listed as follows. 1. Temporary factors – lower food / energy prices. 2. Sluggish growth. 3. Unemployment. 4. Inflation expectations. 5. Monetary policy. 6. Internal devaluation: Portugal is uncompetitive for the Single currency in Rezone. This led to large current account deficit. But Portugal can’t allow its currency to devalue, so it is pursuing internal devaluation – trying to restore competitiveness through lower wages, and cutting prices.
Due to the drop on the Leonie compared to the SIS$, exports to the US will be cheaper for the US driving up the exporting from Canada. This will affect all manufacturing companies, Industrial products and so on. This is, for the majority, a good thing for Canada, because it is such a big exporting country. Http://www. Stevens. Ca/business/coed- forecasts-bank-of-Canada-will-raise-key-interest-rate-in-may-201 5-1. 2117704 – negative forecast for Canada is the price drop in oil, some provinces like Alberta and Saskatchewan, will feel the effects due to oil being their top exported good.
So parts f Canada will be hit harder because of this oil crisis then other parts of Canada. Http://www. RFC. Com/economics/economic-reports/PDF/other-reports/pop.
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Thus, the real estate industry and the related industries of upstream raw material will contribute less in China’s economy growth. 2. Environment pollution: Many factories are shut down by government due to environment pollution. Especially those may cause air pollution because the haze weather has been a big issue in recent years in China, so the government is considering making adjustment of industrial structure to reduce the number of factories which contribute largely to environmental pollution.
Those factories may have a certain contributing to China’s economy growth in the cast; the close of them may slow down China’s economy growth in a way as well. 3. Reforms’ negative influence: The anti-corruption campaign and the recent crackdown on shadow credit suggest that the impact of reforms could be highly uncertain. Although these reforms are expected to proceed gradually, there are still potentials that the reforms may pose significant downside to economy growth. Http:// www. coed. Org/economy/china-economic-forecast-summary. HTML