“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.” ~ Warren BuffettPhoto credit: Laurel J. Delaney, Pratt Beach, Rogers Park, Illinois, U.S.A., The Global Small Business Blog
International economics is concerned with the effects upon economic activity of international differences in productive resources and consumer preferences and the institutions that affect them. It seeks to explain the patterns and consequences of transactions and interactions between the inhabitants of different countries, including trade, investment and migration.
“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.” ~ Warren Buffett