Economics

Introduction The standard of living is the level of material goods, wealth, necessities, and comfort available to a particular socioeconomic group, mostly a nation. It includes factors like poverty rate, income, employment availability and quality, Gross Domestic Product, political and economic stability,

No country can grow and increase productivity by itself. Certain raw materials and expertise are required to make a win-win situation for all the parties in an international transaction between two different countries. When countries deal, they need a currency exchange rate