Bank of Amsterdam
The creation of Bank of Amsterdam allowed merchant firms to hold money on accountinstead of carrying precious metals as a form of payment for trade goods.
The Bank of Amsterdam, founded in 1609, was the primary public bank to supply accounts circuitously convertible to coin. As such, it may be described because the first true financial organization. The debut of financial organization money didn't result from any conscious policy decision, however, but instead arose almost inadvertently, in response to the chaotic monetary conditions during the first years of the Dutch Republic. This paper examines the history of this momentous development from the attitude of recent monetary theory.
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<span>A lo largo de la mayor parte de la historia, el precio ha operado como el principal determinante de la decisión del comprador. Sin embargo, en las últimas décadas, los factores distintos de los precios se han vuelto relativamente más importante en el comportamiento de toma de decisiones del comprador. Además, el precio sigue siendo uno de los elementos más importantes para determinar la cuota de mercado y la rentabilidad de la empresa.</span>
Answer:
1. a native or inhabitant of Europe, or a person of European descent. 2. a white person in a country with a largely nonwhite population. adj.
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