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Need more Facts, their impacts and possible solutions regarding this topic ain T

ID: 1142674 • Letter: N

Question

Need more Facts, their impacts and possible solutions regarding this topic

ain Topic: Povertv with a focus on Malnutrition Facts & Figures Impact Solution Every 4 seconds a child dies because of malnutrition Develop new wavs to tackle moderate acute malnutrition » » Over 840 million people still suffer from hunger » Government accountability o governments, UN Agencies, NGOs and other stakeholders to recognise acute malnutrition as a leading cause of child death » Undernutrition can reduce a nation's economic advancement by at least 8%

Explanation / Answer

International Channels

Figure 2.1 shows the kind of economic news you might see in the United States. If you are

living or traveling in a different country, you would see similar announcements about real

GDP, inflation, and economic policy. Using the Internet, it is also easy to check news sources

in other countries. If you start reading about economics on the Internet, you will come to

appreciate the global nature of economics. You can read stories in the United States about

monetary policy in China or fiscal policy in Portugal. And you can read news stories in other

countries about economic policy in the United States. In the modern globalized world,

economic connections across countries are impossible to ignore.

Figure 2.2 "Price of Euro in British Pounds, March 2008" presents two stories that show

globalization at work. Both share a common theme: the effects of a March 20, 2008, decision

by the FOMC to cut the target federal funds rate. The graph at the top of Figure 2.2 "Price of

Euro in British Pounds, March 2008" shows the market price of the euro—the currency used

in most of Europe—in terms of the British pound. When you travel, you typically exchange

one currency for another. For example, an American tourist traveling to France would buy

euros with dollars to have money to spend in France. If that same tourist then wanted to

travel from France to London, she might take some of her euros and buy British pounds. The

graph tells the price she would have paid in February and March of 2008.

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