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What is Free Trade?

Free trade is an issue of great importance for those in business and consumers around the world. It refers to the right to sell goods and services around the world without any hindrance. With free trade the only thing determining the price of things will be supply and demand factors. As well as goods and services, free trade can also refer to the ability of labor to move freely around the world. The issue of free trade is a highly contentious one, and both sides of the debate can provide persuasive arguments for their position.

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Why Does the Interest Payable on a Mortgage Change?

Mortgage interest rates change all the time and this can make life difficult for those of us who have to make such payments. These fluctuations can mean that we sometimes have to pay more money each month on interest – or at a later date if we have a fixed rate mortgage. The fact that the mortgage rate is so unpredictable is one worry that people have when they apply for one. Wouldn’t it be great if there was just one mortgage rate and that it never varied? Unfortunately this isn’t really likely to ever happen.

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What is Inflation and Why do Economists Want to Avoid It?

Inflation is an economics term that most of us hear a lot. There will often be news stories about how the government is working to keep inflation low. While this word is commonly used in the media there still be a bit confused as to what it actually means for us. We might also wonder why economists and governments are so eager to avoid inflation. This is an important idea in economics, but one that can cause confusion for the rest of us.

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The Best Economic Theory Books, Some Classics, to Learn Theories of Economics

Many people around the world have views on how the economy works or should work. A lot of these opinions are just personal judgements which may have no evidence to back them up. Economic theory is a more respected form of opinion because it is based on evidence and is subject to constant peer review. Economic theory tries to be more objective while many of our personal economic ideas are merely subjective. It is useful to understand the different economic theories not only because they provide a lot of insight about how the world works but also because they influence so many people. Even if we don’t agree with a theory you can be certain that there are some very powerful people who do. Here are just some of the best economic theory books available today.

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The Best Macroeconomics Books to Learn Macroeconomics

Macroeconomics is interested in how the economy works overall. This is a subject that is of great interest to a lot of people in the general public and not just students and economists. An understanding of macroeconomics can help people have a much better understanding about how our world functions and why governments and international agencies might be behaving as they do. There are many great books about macroeconomics and we will only be able to examine some of the very best of them here.

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The Best Banking Books to Learn Banking

Banking is a topic that is of interest to a lot of people. This is a subject that can not only appeal to the professional banker, or individual studying this material at university, but also people who are interested in how the economy and finance works. There are some great books available to help people learn more about this subject. The following is a selection of just some of the best banking books; it is not intended to be exhaustive but hopefully there will be something to suit people with all the different levels of interest in the subject.

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The Best Microeconomics Books to Learn Microeconomics

Microeconomics is focused on the micro level of the economy – the individual parts that influence the economy such as supply and demand as well as competition.  A study of microeconomics can help people have a much better understanding of the world around them. For those who are interested in learning more about this fascinating subject there are some great books to help them do this. Below is a selection of some works that may be of interest; although this is in no way claims to cover all the worthy books on this subject.

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What is Bankruptcy and How Do You Declare Yourself Bankrupt?

These days, with the economy going through a rough patch, you will frequently hear about businesses going bankrupt. The reality is that even in good times there are always plenty of companies going into bankruptcy. You may have wondered though about what it exactly means to go bankrupt and how do you declare bankruptcy?

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