As sales for money replaced barter, economic exchange became faster and more frequent.
However, the people in this part of the world share many common heritages, including Confucianism, Buddhism, and thousand years of cultural and economic exchange and learning from each other.
What about rights to private property, to freedom of economic exchange, to the sanctity of contract, to equality before the law, to bear arms, to be left free of unreasonable searches, seizures or detentions?
And he has been seeking to change American policy towards Iraq by trying to unite the fractured Gulf war coalition behind a new sanctions regime, which would reduce economic sanctions in exchange for toughening the control of exports with military uses.
Due to its inability to pay its debts and a mutual desire to keep Greece in the eurozone, Greece has had to accept various external conditions from the EU regarding its budget and national economic policies in exchange for forbearance and additional capital.
Iran is mulling over a proposal to stop processing uranium in exchange for economic incentives.
Although Guatemala has legalised the dollar as a domestic currency in parallel with its own quetzal, many of El Salvador's other neighbours and economic competitors have floating exchange rates.
In other words, it sounds like in exchange for economic support and other types of agreements beneficial to Honduras, President Zelaya seems to have compromised his country's constitution and its democracy.
Rather than the tumbling yen being more evidence of economic incompetence, the exchange rate is the mechanism that redistributes demand away from economies that are operating at full capacity towards those in recession.
ECONOMIST: A weaker yen is good news, not bad, for Japan��s economy
Furthermore, Burma's grossly overvalued official exchange rate distorts economic activity and heightens the risks and challenges for foreign investors.
World powers, who suspect Iran is intent on building nuclear weapons, have offered economic and other incentives in exchange for the suspension of its enrichment program.
Among the long list of agreements made during the summit are expanded economic cooperation and a proposed exchange of video letters between families separated by the divided Korean peninsula.
The chief advantage is that this outlaws any national discretion in the conduct of monetary policy: interest rates and the money supply adjust automatically to changes in economic circumstances, with the exchange rate totally fixed.
The bigger problem, though, is the effect of fast economic growth coupled with a fixed exchange rate.
However, by adopting the euro early, a country forgoes the flexibility of altering its exchange rate to absorb economic shocks.
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The Alliance is hosting a gala dinner focused on fostering economic, cultural, and diplomatic exchange and understanding between the American and Azeri peoples.
Never short on ambition, Mr Sarkozy wants the G20 to become the forum for talks about global economic stability and governance, including exchange-rate volatility.
From a historical basis, the G-8 industrialized countries have not intervened in the foreign exchange markets throughout the economic crisis, making intervention impractical and not politically feasible.
Second, we agreed that exchange rates must reflect economic realities.
Negotiations that three European states - France, Germany and Britain - hope will induce Tehran to give up its nuclear ambitions in exchange for political, economic and technological concessions are going nowhere.
She said that developing countries needed to respond by beefing up bank supervision, restricting credit to fast-growing areas, imposing capital requirements that changed with the economic cycle and monitoring their foreign exchange exposures.
Scott Ritter, once one of the most hawkish, and controversial of the arms inspectors, argued in the New York Times on August 16th that economic sanctions should be dropped in exchange for the resumption of meaningful weapons inspections.
Meanwhile, a representative of Mr McCaw a Seattle-based cellular-telephone millionaire who helped to finance September's transfer of Keiko, a killer whale, to Iceland flew into Makah territory last week to see if a way could be found to halt the hunt in exchange for certain unspecified economic incentives.
It is worth putting up with some, in exchange for the benefits of economic activity.
Losing their local currencies for the euro meant, in effect, a move to an exchange not related to local economic or social realities.
Rather than moving toward more flexibility in exchange rates within Europe the economic arguments suggest less flexibility and a closer integration of capital markets.
But many Chileans are no longer prepared to ignore what they see as flaws in their hard-won democracy in exchange for political stability and economic growth.
ECONOMIST: Pent-up frustration at the flaws of a successful democracy
The Emergency Economic Stabilization Act gave the Securities and Exchange Commission the authority to suspend the mark-to-market rules, which went into effect in the fall of 2007, just in time for the credit crisis.
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