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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 9 / 2388 | 
                
    
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In May, attention was drawn to the fact that the Union of South Africa, a member of the International Monetary Fund, and a gold-producing country, was being seriously handicapped by the low price at which gold was offered for sale in the controlled markets. That country's imports came at inflated prices, while its export gold was held to a prewar price level of $35 per ounce...
        
        
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This problem was further emphasized in September, when the Prime Minister of Australia opposed a subsidy for gold mining on the ground that the United States was the world's major buyer, and that if the United States should cease buying gold, the metal's value would drop sharply. The current gold production of the world's gold mines was absorbed by the United States, as well as the official gold reserves of many of the other nations...
        
        
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            General points of the essay
            
                                    Entering International Markets
                                    How Country Of Origin Image Can Affect International Business Success And Further Internatinal Expansion.
                                    International Business law - General Terms of Sale
                                    International Capital Markets
                                    International Gray Markets
                                    International financial markets
                                    Operating in International Markets
                                    South Africa company investing in EU country
                                    south africa gold mines
                                    Country Profile on South Africa
                                    Cry The Beloved Country Is A Prophecy Of The Future Of South Africa
                                    Cry, The Beloved Country: The Breakdown And Rebuilding Of South Africa
                                    International Monetary Fund
                                    South Africa Country Report
                                    What do you understand by Economic and Monetary Union? To what extent does membership of an Economic and Monetary Union constrain a country's use of monetary and fiscal policy
                            
                    
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