Economic Benefits of NAFTA

Economic Benefits of NAFTA NAFTA or the North American Free Trade Agreement is a treaty between the US, Canada, and Mexico and this treaty relates to their trading activities. ‘ This particular trade agreement is considered a very powerful treaty with wide application in the involved North American countries. ‘ In effect since 1994, NAFTA basically aimed … Read more

Benefits of Fiscal Policy

A fiscal policy is the measures that a government takes so as to stabilize its economy. It involves changing the allocations and levels of government expenditures and taxes. During sluggish economic times, the government cuts taxes and this leaves taxpayers with additional cash for spending, which increases consumption levels. In contrast, increasing taxes and reducing … Read more

Benefits Of Fixed Exchange Rate

Benefits of Fixed Exchange Rate Fixed exchange rate is a system where a nation’s government announces what its main currency is going to be worth and it also sets ups all guidelines of exchange. There are lots of gains from a fixed exchange system mainly because the government is in charge of regulating the performance … Read more

Benefits Of Inflation

Benefits of Inflation Inflation is the economic term used for describing the growing price of services and goods. Rapid demand and also government monetary or financial policies are the most common causes of inflation. Inflation has various benefits for businesses and investors. Here are some benefits of inflation. 1. Reduces debt values High inflation can … Read more

Benefits Of Nitrogen in Tires

Benefits of Nitrogen in Tires The compressed form of nitrogen is used for inflating tires of both aircrafts and race cars. This is done because the water vapor and oxygen found in regular air can degrade wheels and tires, lessening tire life. Nowadays, nitrogen inflation is easily accessible from most commercial dealers in car tires. … Read more