You Get What You Pay For

by Herminne Tonita - Market economy and the increase of the demand on the market have made that the offer in no matter what field of economy: industry, tourism, shops, and factories grew too. When the demand grows the offer also develops and improves the aspects that are requested by the buyers. For example, everybody is interested in travel agencies and where they can spend their holidays s ...

Date added: 16 February '07

Mergers and Takeovers

by Cristina Nuta - In a market economy it is quite common that small companies, with reduced financial means, should be taken over by other companies or that two or several companies should merge to form a new company. A buy out means the purchasing of a company, either entirely, or at least the controlling percentage of its shares. In the case of small companies with limited assets, in orde ...

Date added: 31 July '07

Exchange Rates

by Cristina Nuta - By exchange rates we mean the value of a country's currency expressed in terms of another country's currency. The exchange rates are sometimes fixed or pegged, that is determined by a country’s monetary authority- the central bank- but, in a market economy, they are established like any other price by the interaction of supply and demand that means they are floating rates. Bu ...

Date added: 21 November '07