Answer:
epal’s main trading partners are India, China, Bangladesh, USA. The country mainly exports clothing, carpets, handicrafts, leather and jute products, vegetables and cereals Nepal imports oil and oil products, machinery & equipment and electronics.
Nepal had adopted liberal trade policy in 1992 and the new Trade Policy is announced in 2014. The foreign trade of Nepal is being directed towards wide range of countries in the world after Nepal became the member of WTO in 2004. Nepal has trade relation with more than 100 countries. Nepal has identified 19 selected items for exports through its National Trade Integration Strategy (NTIS) in 2010.
Nepal is facing a problem of ever increasing trade deficit. Import is rapidly increasing but the increase in export is very low. Nepal is facing trouble to take the advantage of globalization in trade.
Explanation:
It is John Locke who believed that children were born into the world with minds like "blank slates" and that their experiences determined what kind of adults they would become. His ideas challenged the ideas of Plato and Rene Descartes where they argued that there are certain knowledge that are inborn in humans.
Answer:
In this scenario, of low economic growh, high unemployment, and low inflation rate, the Fed needs to pursue what is known as a countercyclical policy, which is to say, the Fed needs to carry out policies that will result in the opposite economic conditions (high growth and more employment).
The most important policy tool the Fed has at its diposal is the interest rate. In this case, the Fed has to lower the interest rate. A low interest rate means that firms will be able to access cheaper loans in order to invest. The more they invest the more workers the will probably hire, and this would make the employment rate go up.
However, the Fed must take care of not lowering the interest rate just too much because this could lead to an excessive amount of money in the economy (money supply). If the money supply higher than the output of products and services, then, inflation could go up by quite a lot.
In conclusion, the Fed must lower the interest rate just enough to raise economic growth and employment, and keep inflation stable at the same time.