The English economist A. Pigou at the beginning of the XX century came to the conclusion that the monopolization of the economy and external effects can seriously disrupt the impact of competition on the efficiency of the economic system. The result is a discrepancy between individual and public interests, a decrease in the level of […]
Tag: Brand
Currency position of banks
Banks perform operations on the purchase and sale of foreign currency both on behalf of customers and at their own expense and on their own behalf. When the bank makes independent transactions for the sale of foreign currency, the ratio of claims and liabilities of the bank in foreign currency is violated. The ratio of […]