The only and recent form of exchange is the use of money. Money is important in our day to day lives as it enables us to trade ang get the goods we want. Aside from being a medium of exchange as the key important function, the unit of account is the next which is the unit measure of currency that represent the value of goods, services, liabilities and expenses. Assets are economic resources that are tangible or intangible that results to positive economic values. Money has been used or established due to those important four function. The measure of an economy and observation of order resulted to the usage of money.
These types include coinage, representative, commercial bank, digital, commodity and paper. The various types of money have different features that are distinct from each other. Like in the case of coinage, coins have been used for a while now and it was previously made of silver, gold and now currently and widely copper.
Production of counterfeit money has also not been spared at all. Just from the word representative it stands in for place of in which it takes several forms. The various forms in which representative money takes is paper money or physical tokens which is then exchanged to something of the same value.
Commodity money is also the other type of money in which it’s the value of the commodity being traded with another. Electronic or digital type of money is more of a crypto-currency concept in which many countries have adopted successfully.
All countries through the different founded companies have been using their website are able to communicate with their clients. Communication is very important to relay the correct information while at the same time close deals and draw some feedback too. The websites contains all the necessary information about the services and the products offered also the addresses of the company which has the location. Clients are able to comment on the quality of the services they obtained as well as the products acquired. At the same time, prospective customers go through these websites before making decisions about a company.
The official silver bullion coin of the American nation is the American silver eagle. Many developed economies such as America influence other developing economies in terms of their exchange rate which is majorly affects the growth and development of these countries. Trading is the exchange of goods and services but with some monetary form which is influenced by the value of the developed currency. The shape and design of the American silver eagle has changed over the recent years. With the impact that the developed economies pose on to developing economies, solid maintenance of these relations are sustained. Developing economies are aided through foreign aid as an impact of developed economies.