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Fixing Global Finance

By: Kavaljit Singh

...reign Exchange FTA Free Trade Agreement GATS General Agreement on Trade in Services GCC Gulf Cooperation Council GDP Gross Domestic Product HNWI High ... ...The Hongkong and Shanghai Banking Corporation IFSL International Financial Services, London ILO International Labour Organization IMF International Mo... ...ne in cross-border trade in goods was greater than the decline in trade in services. In fact, trade in certain services (such as professional and IT) ... ...old level through credit market shocks, the increasing prices of goods and services, and rising unemployment. The Report claimed that “By 2010, about ... ... since it is backed by strong receivables in the form of specific goods or services) became highly vulnerable during the financial crisis. Since econo... ...h as Siemens or Vodafone might do by investing in a manufacturing plant or telecommunications network), but in order to sell them on at a profit as so...

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