ADM 3318 Lecture Notes - Lecture 6: Free Market, Making Money, World Economic Outlook
2 Dec 2016
School
Department
Course
Professor
Document Summary
Because of the russia/ukrain crisis, countries decided to re-orient: they started to install new strategies and policies, shifting towards green energies, decreased their dependence on oil from overseas, demand decreased, so prices had to go down. Until 2014, there was sanctions against iran. If it does(cid:374)(cid:859)t fi(cid:448)e up its (cid:374)u(cid:272)lear progra(cid:373), the(cid:455) (cid:449)ill ha(cid:448)e to (cid:271)e pu(cid:374)ished. In 2016, sanctions got lifted; it is now able to export. Iran produces a lot of oil: loser: produ(cid:272)er of oil; if ira(cid:374) had(cid:374)(cid:859)t (cid:271)ee(cid:374) there, prices of oil would probably have been higher. Their beliefs tend to be different (democracy is not always present) Size of the population makes it hard to manage. Dprk not always called dprk because of disagreement with the d (democratic) people korea. Taiwan independent country; although it is still often assumed that they are part of china: current leader is not pro-china.
