A few days ago
all over the world value of $ is coming down.Both china and india are having huge dollar reserves because of?
have accumulated huge reserves by remittances from people employed in usa. To tide over the economic problem if the US Govt. requested them to withdraw these remittance /call back and reinvest in US .Is this possible ? if done what will happen? ( specially in the housing sector) .
Top 2 Answers
A few days ago
Favorite Answer
The answer is: they export a lot more than they import.Go to any Wal Mart and make a random check of articles from electronics, to clothes, to toys, etc.,
They are mainly manufactured in China or in the case of textiles it’s India. This is one of the main reasons why both these countries have huge dollar reserves.
0
A few days ago
China are busy converting their US$ into €uros so your plan is off to a sticky start.
0
- Academic Writing
- Accounting
- Anthropology
- Article
- Blog
- Business
- Career
- Case Study
- Critical Thinking
- Culture
- Dissertation
- Education
- Education Questions
- Essay Tips
- Essay Writing
- Finance
- Free Essay Samples
- Free Essay Templates
- Free Essay Topics
- Health
- History
- Human Resources
- Law
- Literature
- Management
- Marketing
- Nursing
- other
- Politics
- Problem Solving
- Psychology
- Report
- Research Paper
- Review Writing
- Social Issues
- Speech Writing
- Term Paper
- Thesis Writing
- Writing Styles