Case Notes for Chae Chan Ping v. United States (130 U.S. 581). Herein a Chinese laborer was prohibited re-entry to the US under the Act of 1888. Key Issues included whether the act conflicted with pre-existing treaties or could be applied to those who left the US before the act was passed. Continue reading Chae Chan Ping v. United States (130 U.S. 581)
“Currency Futures” are financial contracts wherein a buyer and seller agree to exchange money at a future date using a predetermined rate; thus minimizing risks from potentially volatile and costly exchange rates.
This article examines how futures work. Continue reading Currency Futures and How They Work (With Examples)
Explicit Costs are the cost of resources traded in external markets. Implicit Costs are the value of resources sacrificed by the owner for the sake of the company. Continue reading Living Economics: Implicit and Explicit Costs
