Chairman of GAPPINDO said that import tariff from shrimp (lobster) item to Japan is ZERO, decline from 1 percent. The free tariff is realized based from the deal between Indonesia and Japan. Indonesian exporters are happy now because free tariff increase their profit and this zero tariff indicates that international trade between ASEAN and outside [...]
Posts Tagged ‘International Trade’
Japanese Surplus On International Trade
March 17th, 2008
jacky How do Japanese do when Surplus Condition on International Trade
To continue my previous post ‘Floating Exchange Rate, Currency up and down, let us see how Japanese do to stabilize their money supply when surplus on international trade?
When surplus happened, that money didn’t entered to Japan, but let it outside as (foreign exchange) devise.
So [...]
Floating Exchange Rate, Currencies Down and Up
March 16th, 2008
jacky An economic theory; why currencies up and down, fluctuate
Before I go on, let make sense with an assumption, the currency must floating exchange rate (no official exchange rate) so a simple illustration will works well.
Imagine there are two currencies, Yen Japan and Dollar (USD). Another assumption is no speculation motive.
For example, when Japan have surplus [...]
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