SPECIALIZATION
Specialization, in production, is focusing on a particular good or service of a business in order to maximize the efficiency and effectivity of production. An example of specialization are countries where goods come from. In certain countries where the seasons are tropical, their specialization are goods like fruits and rice where they have already formulated the best ways and procedures to ensure maximum efficiency and effectivity. Most countries have their own specialization where global trade is essential. Only very few countries have the ability to be completely self-sufficient.
POPULAR TERMS
Fair Trade Investing
A strategy where investors choose only those companies that promote fair trade with suppliers in developing nations.
Barter
The act of trading services and goods between more than one parties without using any money. Bartering benefits countries and companies which views ...
Rafael Miranda Robredo
Rafael Miranda Robredo was born in Spain in 1949. He became Endesa’s CEO, a Spanish electricity company, in 1997. Before working for Endesa, ...
Oil ETF
Oil ETFs have a great demand from investors as oil is a universal commodity in the modern international economy. Almost every end product used by c ...
Equity Linked Note - ELN
Debt instrument whose return is identified by the performance of an individual equity security, basket of stocks, or an equity index.
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SEE FOREX TUTORIAL
Digesting Financial Statements: Pension Plans
Deducing on the topic we previously discussed, this tutorial now puts the spotlight on the pension fund. It is a distinct long-term obligation for ...
Gauging Inflation
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
Health Savings Account: Introduction
In essence, health savings account shoulders any health- and medical-related expenses that are not included in the high-deductible health plan. Pay ...
Digesting Financial Statements: Revenue
When it comes to reporting revenue, companies should pinpoint the perilous revenues, match reported revenues to the money at hand, and analyze and ...
Ethical Investing: Socially Responsible Investing
Socially responsible investors look for socially responsible companies, especially their relations with outsiders.
First and foremost, th ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:00 | Expected Annual Inflation 2y from now | 3 quarter | |
| 07:00 | Economy Watchers Survey | Jul | |
| 07:45 | Unemployment Rate | Jul | |
| 10:30 | Sentix Investor Confidence | Aug | |
| 01:01 | BRC Retail Sales Monitor | Jul | |
| 01:50 | M2 Money Supply + CD | Jul | |
| 02:30 | Westpac Consumer Sentiment | Aug | |
| 03:30 | NAB Business Confidence | Jul | |
| 05:35 | 30-Year JGB Auction | Aug |
