GOLDILOCKS
During Iraq's visit to the US, they talked about a comprehensive economic relationship. In essence, this is a free trade agreement.
A free trade agreement is cooperation between two countries that develops trade relations and investment opportunities on an International level.
Trade deals increase imports and exports between two countries. This has the ability to bring into line exchange rates accomplishing less risk on both parties normalizing their trade exchanges between each other.
In other words, a free trade agreement with Iraq would bring an equilibrium of exchange rates between our countries allowing this trade relationship to move our currencies into a real value between us.
WATCH THE WATER.
© Goldilocks
https://youtu.be/3HwVNjERTxA?si=8zHnh8s5qR-HJ33a
https://carlsonschool.umn.edu/news/international-trade-agreements-result-more-stable-currencies#:~:text=%E2%80%9CIt%27s%20hard%20to%20find%20a,less%20risk%20in%20their%20currencies.%E2%80%9D
https://www.trade.gov/free-trade-agreement-overview
https://smallbusiness.chron.com/supply-demand-model-trade-restrictions-13422.html
https://www.investopedia.com/terms/f/free-trade.asp#:~:text=A%20free%20trade%20agreement%20is,prohibitions%20to%20inhibit%20their%20exchange.
https://en.m.wikipedia.org/wiki/Free_trade_agreement
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