Indian Affairs Puns

We often say that the current world we live in is an open one. Things and places are more accessible than ever before. People, goods and capital can freely flow within countries. Though the instantaneous thought that comes to us is that it’s a positive thing that now countries can benefit from each other’s specialized goods, services and knowledge, there are cons to it too.

Interdependency is a good thing, but should be navigated carefully. If not handled well, it can have disastrous effects. Let us understand how India and the world interact with each other, especially economically.

Understanding factors

• International trade: One of the major factors determining the economy of a country is trade. Simply put, when countries exchange goods & services with each other, they are exposed to demand and supply factors guiding the whole world, not just their own country. Thus, countries tend to produce more of what they specialize in and what can be produced relatively cost effectively. They depend on imports for other goods. For example, India exports cloth since skilled labour is cheaply available here and depends on certain cloth types (raw material) from Bangladesh. If prices of cloth is Bangladesh rise, our costs in producing cloth will rise too and profitability will be negatively affected. Poor results can cause stock prices to fall. I hope you understand why oil prices are such a concern to so many analysts.
• Foreign Exchange: Such examples often have more severe impacts than illustrated, especially on GDP and foreign exchange. When we can export goods at cheaper prices, we earn more revenues and foreign exchange. This leads to an appreciation in the domestic currency. With a stronger currency (and more wealth in inflation adjusted terms), we can see a rise household income and more people investing in equity. It also creates high demand. In contrast, if our imports increase too much, the domestic currency depreciates. This however, makes our exports seem cheaper, and we may get an inflow of foreign capital amid improving GDP. Foreign capital inflow has known to shot up Nifty in the past couple years.
• World Market Timings: Investor sentiments are guided by earnings releases of companies, commodity prices, foreign exchange rates and a whole lot of other factors. Information technology has equipped people with real time data, which has given them the power to make faster decisions. And not all markets are open simultaneously.

https://www.govinfo.gov/app/details/BILLS-117s3443is

Introduced: Sponsor: Sen. John Thune [R-SD]

This bill was referred to the Senate Committee on Indian Affairs which will consider it before sending it to the Senate floor for consideration.

3 cosponsors are on that committee.

Govtrack.us Summary

We often say that the current world we live in is an open one. Things and places are more accessible than ever before. People, goods and capital can freely flow within countries. Though the instantaneous thought that comes to us is that it’s a positive thing that now countries can benefit from each other’s specialized goods, services and knowledge, there are cons to it too.

Interdependency is a good thing, but should be navigated carefully. If not handled well, it can have disastrous effects. Let us understand how India and the world interact with each other, especially economically.

Understanding factors

• International trade: One of the major factors determining the economy of a country is trade. Simply put, when countries exchange goods & services with each other, they are exposed to demand and supply factors guiding the whole world, not just their own country. Thus, countries tend to produce more of what they specialize in and what can be produced relatively cost effectively. They depend on imports for other goods. For example, India exports cloth since skilled labour is cheaply available here and depends on certain cloth types (raw material) from Bangladesh. If prices of cloth is Bangladesh rise, our costs in producing cloth will rise too and profitability will be negatively affected. Poor results can cause stock prices to fall. I hope you understand why oil prices are such a concern to so many analysts.
• Foreign Exchange: Such examples often have more severe impacts than illustrated, especially on GDP and foreign exchange. When we can export goods at cheaper prices, we earn more revenues and foreign exchange. This leads to an appreciation in the domestic currency. With a stronger currency (and more wealth in inflation adjusted terms), we can see a rise household income and more people investing in equity. It also creates high demand. In contrast, if our imports increase too much, the domestic currency depreciates. This however, makes our exports seem cheaper, and we may get an inflow of foreign capital amid improving GDP. Foreign capital inflow has known to shot up Nifty in the past couple years.
• World Market Timings: Investor sentiments are guided by earnings releases of companies, commodity prices, foreign exchange rates and a whole lot of other factors. Information technology has equipped people with real time data, which has given them the power to make faster decisions. And not all markets are open simultaneously.

We often say that the current world we live in is an open one. Things and places are more accessible than ever before. People, goods and capital can freely flow within countries. Though the instantaneous thought that comes to us is that it’s a positive thing that now countries can benefit from each other’s specialized goods, services and knowledge, there are cons to it too.

Interdependency is a good thing, but should be navigated carefully. If not handled well, it can have disastrous effects. Let us understand how India and the world interact with each other, especially economically.

Understanding factors

• International trade: One of the major factors determining the economy of a country is trade. Simply put, when countries exchange goods & services with each other, they are exposed to demand and supply factors guiding the whole world, not just their own country. Thus, countries tend to produce more of what they specialize in and what can be produced relatively cost effectively. They depend on imports for other goods. For example, India exports cloth since skilled labour is cheaply available here and depends on certain cloth types (raw material) from Bangladesh. If prices of cloth is Bangladesh rise, our costs in producing cloth will rise too and profitability will be negatively affected. Poor results can cause stock prices to fall. I hope you understand why oil prices are such a concern to so many analysts.
• Foreign Exchange: Such examples often have more severe impacts than illustrated, especially on GDP and foreign exchange. When we can export goods at cheaper prices, we earn more revenues and foreign exchange. This leads to an appreciation in the domestic currency. With a stronger currency (and more wealth in inflation adjusted terms), we can see a rise household income and more people investing in equity. It also creates high demand. In contrast, if our imports increase too much, the domestic currency depreciates. This however, makes our exports seem cheaper, and we may get an inflow of foreign capital amid improving GDP. Foreign capital inflow has known to shot up Nifty in the past couple years.
• World Market Timings: Investor sentiments are guided by earnings releases of companies, commodity prices, foreign exchange rates and a whole lot of other factors. Information technology has equipped people with real time data, which has given them the power to make faster decisions. And not all markets are open simultaneously.

We often say that the current world we live in is an open one. Things and places are more accessible than ever before. People, goods and capital can freely flow within countries. Though the instantaneous thought that comes to us is that it’s a positive thing that now countries can benefit from each other’s specialized goods, services and knowledge, there are cons to it too.

Interdependency is a good thing, but should be navigated carefully. If not handled well, it can have disastrous effects. Let us understand how India and the world interact with each other, especially economically.

Understanding factors

• International trade: One of the major factors determining the economy of a country is trade. Simply put, when countries exchange goods & services with each other, they are exposed to demand and supply factors guiding the whole world, not just their own country. Thus, countries tend to produce more of what they specialize in and what can be produced relatively cost effectively. They depend on imports for other goods. For example, India exports cloth since skilled labour is cheaply available here and depends on certain cloth types (raw material) from Bangladesh. If prices of cloth is Bangladesh rise, our costs in producing cloth will rise too and profitability will be negatively affected. Poor results can cause stock prices to fall. I hope you understand why oil prices are such a concern to so many analysts.
• Foreign Exchange: Such examples often have more severe impacts than illustrated, especially on GDP and foreign exchange. When we can export goods at cheaper prices, we earn more revenues and foreign exchange. This leads to an appreciation in the domestic currency. With a stronger currency (and more wealth in inflation adjusted terms), we can see a rise household income and more people investing in equity. It also creates high demand. In contrast, if our imports increase too much, the domestic currency depreciates. This however, makes our exports seem cheaper, and we may get an inflow of foreign capital amid improving GDP. Foreign capital inflow has known to shot up Nifty in the past couple years.
• World Market Timings: Investor sentiments are guided by earnings releases of companies, commodity prices, foreign exchange rates and a whole lot of other factors. Information technology has equipped people with real time data, which has given them the power to make faster decisions. And not all markets are open simultaneously.