What is eBay?

eBay is one of the world’s largest online marketplaces, connecting buyers and sellers from across the globe. Founded in 1995 by Pierre Omidyar, eBay has evolved from a simple auction platform to a diverse marketplace offering a wide range of products, including new and used items, collectibles, electronics, fashion, and much more. With millions of […]

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What is a Sourcing Agent?

In the dynamic landscape of global commerce, sourcing agents play a pivotal role in facilitating efficient trade between buyers and suppliers across different regions. Whether you’re a multinational corporation or a small business owner, understanding the significance and functionalities of sourcing agents can significantly enhance your sourcing strategies and streamline your supply chain operations. In […]

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Game Theory

Game Theory (GT)

What is Game Theory? Abbreviated as GT according to AbbreviationFinder, game theory is the study of decision making that an individual makes when the outcome of this choice depends on what other individuals decide, as in a strategy game. This theory was developed from studies on economics and mathematics, through strategic situations in which a […]

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World Economic Forum (WEF)

World Economic Forum (WEF)

Short for WEF by AbbreviationFinder, World Economic Forum, has set itself the goal of sharing and dialogue on the development of the economy and promote social progress; Headquarters: Geneva. The foundation is supported by its members, which include the world’s 1,000 largest private companies and 200 smaller companies, mainly from developing countries. The WEF was […]

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FISCAL POLICY

Meaning of Fiscal Policy

Fiscal policy is a sub-area of ​​financial policy and includes all monetary measures of a state that affect the economy. It is therefore an important economic policy control instrument. Through its fiscal policy, a state can exert significant influence on the cyclical or economic development. Fiscal policy comprises all (financial) measures that government agencies can […]

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FOREX TRADING

Meaning of Forex Trading

The term Forex is derived from the English term “Foreign Exchange”. Forex trading has become increasingly popular in recent years. Forex trading differs in spot trading, which takes place between banks, insurance companies and other financial institutions, and forex trading, in which private investors participate. To participate in forex trading, a private investor must open […]

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MONETARY POLICY

Meaning of Monetary Policy

The term “monetary policy” always refers to the actions of central banks. Monetary policy encompasses all measures taken by banks that aim to stabilize the financial market. Various tools are available to central banks to achieve this. With their monetary policy, central banks should, among other things, ensure price stability. An expansionary monetary policy leads […]

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