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List Of Currencies In Oceania and Australia Continents Countries In Alphabetical Orders

List Of Currencies In Oceania and Australia Continents Countries: Man has progressed from barter system years ago.  It was an effective way of trading goods and services in the ancient times.  Imagine though how it would have been if you had to still depend on the barter system to trade for goods and services.  No currency, just bartering.  Your purse would have been real heavy.  In fact, the purses that we have currently would not suffice to store the cows, sacks of flour, salt, or whatever it is that the world used for bartering.  Thankfully, we do have currencies now which means services and goods are more easy to purchase.  They can be considered as legal tender. Currencies are currently available in the form or paper and coins in the hard cash.  They cannot be printed or minted by anyone.  The central bank is authorized to do so and if anyone else tries to, it is called counterfeit and can lead to one getting arrested by the police force of the country.  There are securit
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List Of Australia And Oceania Continent Contries

List Of Countries In Australia Continent : Australia and Oceania form the smallest of continents.  Here is a location description of same.  It is surrounded by the Indian Ocean, Pacific Ocean, and the Southern Oceans.  The land mass consistes of the mainland of Australia, New Zealand, New Guinea (eastern half of it), Tasmania, and thousands of tropical islands of Micronesia, Melanesia, and Polynesia all in the south of Pacific Ocean.  The number of countries here are 14 with 12 dependent territories which are overseas.  The largest country is Australia. 86 percent of the continent’s area is with Australia, one reason that the continent has Australia as part of its name.  Nauru is the smallest independent country.  It is so small that you need only an hour to drive around the country. As always, it is interesting to learn about some of the lesser know countries and let us start with Kiribati.  It is an island nation.  There are 33 atolls and island reefs and Banaba, a raised c
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Location: India
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List Of Countries In The World Alphabetical Order - How Many Countries In The World

The List Of Countries In The World Alphabetical Order: What can be defined as a country in official parlance?  A country should be a nation which has self governance with its own authorities plus it needs to be recognized by its sovereignty by the international community, basically the UN.  With these criterion in place we have 197 countries in the world.  Of these 193 are fully recognized by the United Nations.  Other four countries included are  2 as permanent observers and 2 which are recognized partially by other representative countries.   Now you may wonder who are the ones who are not recognized.  That is a totally different set of information and would not be discussed in this article, but would be an interesting read at some other time.  Just so that your interest is piqued, there is a long standing dispute on the sovereignty of Tibet by China and the Tibetans which has been going on for some time and the leader of the Tibetan people, Dalai Lama has been leading the prote
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Location: India
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Time Zones Clock of United State -

Time Zones Of USA: It is fun to find out about time zones.  But first, more on what is understood by a time zone.  A particular time is assigned to a section of the world due to its position such that commercial, legal as well as sociological functions are smooth and not led to confusions due to different time kept. The time zone can be determined by different state borders, geographic areas, climatic area, or just by the longitude of the place.  It does not look like a straight line as would be the case with regard to the longitudinal lines as consideration is given to the functionality of a time zone for a region before it is determined.  Hence you may not see too many time zones traversing a local area.  That would mean that you wake up in one time zone and after a 10 mt drive start working in another time zone. Nevertheless, for some bigger countries, it is essential to have a different time zone. Take for example the USA.  They have 9 standard time zones.  The District of
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Location: India
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List Of Currencies In South America Continent Countries

List Of Currencies In South America Continent Countries: There used to be barter system in the world.  You exchanged goods for goods or goods for services. Although effective this would have been cumbersome. As days progressed, man progressed to currencies as legal tender.  They were in the form of paper or minted from metals into coins.  Nations print or mint currencies as per their requirements.  There will be fractional forms of the currencies used as well in the coins and paper notes used.  When currencies are minted or printed nations always run the risk of counterfeiters doing the same.  There have been cases where nations who have turned foes or terrorist groups have funded counterfeiting of a country’s currencies in order to run havoc with its economy and thus bring it to its knees.  Therefore, lots of security measures are put into place so that the counterfeit note can be recognized.  The central banks of countries usually circulate currencies as per the direction of
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Location: India
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Richest Countries Of The World - Top GDP (PPP) Countries In The World

Richest Countries Of The World: If you are not good with numbers, this topic is going to fall flat while you read.  We are talking about the world’s richest countries and there are some mathematical ways to determine which is the richest.  Let us look at the methods first and then go into the different countries in that order.  The most common method used is to look at the GDP of the country.  In simple terms, you find out how much the country is able to produce with regards to goods and services giving it a value and then divide it by the total population of the country.  This would give you a very good indication as to the money with each person on an average in the country. The problem with this method is that you may get the numbers, but you don’t take into account the living conditions for which the GDP is taken and the cost of living there.  So we go into a little more complex process where we look at the GDP in conjunction with the Purchasing Power Parity of the countr
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Location: India
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Europe Countries | List Of Currencies And Their Place In The Forex Market

The European Currencies List: Currencies are used as legal tender.  This is a far cry from how it was years back when human beings resorted to barter system for transactions. Currencies can be in the form of paper notes as well as coins.  Government approve a certain form as the country’s currency and prints or mints it.  To avoid counterfeit a lot of security features are added in.  When we are involved in trade, there needs to be a legal tender for which currency is used.  For localized trades, the country’s currency would be used.  However, for global transactions, the currency unit used could be the most popular. The central government of the country has the right by the government to issue money for circulation.  Although there will be a main unit of currency, there would also be a fractional unit of currency. The currency forms an important part of the economy. There are around 31 different currencies in circulation in Europe. However, for Europe the Euro has been seen as
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Location: India
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