The price of anything is the amount of life that you exchange for it.
Unknown
RELEVANT
Economics is both a social science and the art of managing the laws of scarcity and abundance. Supply and Demand determine price and markets find their equilibrium when a product or service is in perfect balance.
Land, Labour and Capital are the cornerstones of classical economics.
Economics is the social science that studies how people interact with things of value; in particular, the production, distribution, and consumption of goods and services.
https://en.wikipedia.org/wiki/economics
INFORMED
International trade studies are determinants of goods-and-services flows across international boundaries. It also concerns the size and distribution of gains from trade. Policy applications include estimating the effects of changing tariff rates and trade quotas. International finance is a macroeconomic field which examines the flow of capital across international borders, and the effects of these movements on exchange rates. Increased trade in goods, services and capital between countries is a major effect of contemporary globalization.
In sourcing kitchen sinks from the European Union there are several considerations that I need to make, one is what is the import tariff applicable to the kitchen sinks that are manufactured by the Countries and the factories of my choice. The second economic concern, is to determine what will be the exchange rate of the ZAR versus the EUR.
The increase in traded goods between the EU and SA will make a positive contribution to the balance of payments of South Africa.
The consumer has a choice of high quality kitchen sinks with a minimum guarantee of 25 years. European standards of design and production are here in South Africa.
FRESH
I want you to make a difference and to influence the transformation that we all still need to embrace for the World to heal.
Pristine water, clean rivers and seas, no pollution, organic foods, virus free lifestyles, solar energy, digital e-commerce revolution, climate healing are all critical elements of our evolution and, of course, they all make a huge difference to economies of abundance.
Be present, Be conscious and Be an Ambassador of Hope.
Talk to you soon,
Simplify, Simplify, Simplify
Thoreau
TRADE ANTHOLOGY 