. Why Countries wants to manufacture cars ?
. Cars is increasingly becoming a trade deficit for most countries
. So by building a local auto industry, cut down in imports
. Reducing Trade deficit.
. Make the economy stronger.
. Therefore countries like Malaysia has printing Saga
. But small countries like Singapore goes one better by having COEs.
. Certificate of (car) Entitlement. Which could be as much as US$50k
This blog is a journal of charts on ASX stocks in various point in time. You might find charts on Major forex pairs,Nasdaq and SGX stocks as well.It reflects the author personal view. Its neither advisory or invitation to trade. All done in the interest and passion for the market, trading, technical analysis and elliot wave. And to exchange view, opinions with traders worldwide. .
No comments:
Post a Comment