Global warming is an increasingly serious problem around the world. To mitigate the influence of global warming on people’s lives, the Obama Administration put an emphasis on reducing greenhouse gas (GHG) emissions to mitigate global warming. The adoption of energy efficient vehicles, including hybrid electric vehicles (HEVs), plug-in hybrid vehicles...
Relationship between the exchange rate and the trade balance is a key component for a developing nation. Although, in theoretical sense, depreciation of currency would result in an improvement in the trade balance, sluggish response of trade flows to changes in currency has prompted researches to look in to the...