Home » Economics » Back to the Basics: What is CAD and Why does it matter?

Back to the Basics: What is CAD and Why does it matter?


2 Comments

  1. Pritesh Somani says:

    Thanks for sharing basic economics to people who have no clue in economics. I have a question regarding your point that foreign exports would increase up until the seller gets more money back home which would lead to high inflation. But hasn’t exports fallen in the last 2 years and as far as I know even though rupee is depreciating, there is no sign of increasing exports. How do you explain that?

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    • Pkeday says:

      I do not think that exports have fallen over the last two years (in Rupees terms). The figures, according to my research are, (in Rupees billions – approx) 11500 (2011), 15000 (2012) and 16500 (2013).

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