Can you send and receive money with an unverified PayPal account? What are the limitations if you use an unverified PayPal account? Why would you verify your account?
YesHaving a bank account is not required to receive funds, send money (or spend money) - you can do all three with an unverified account up to a certain point.Using PayPal Without a Bank AccountIf you don't have a bank account attached to your PayPal account, and you'd like to get your money out, you can either "send" or "spend" whatever money someone has sent you."Sending Money" generally means person to person or person to business money transfers.Spending means buying something via a website, app, account payment, debit card, etc. Whatever you have in your balance will get spent first, and any remainder will go on your bank card.Outside of the US, in many markets you can also withdraw funds to a credit card. This is called an "original credit" by Visa and they don't allow it in the US, I believe.The Verification Process"Verification" means that you have added a bank account to your PayPal account and confirmed that you control it - through either comparing "random deposits" into the bank account, by logging in to the bank account from within PayPal, or by getting a one time code that we can send to the Transaction History of your bank account, which you would then pull from your statement and give back to us.Un-verified accounts will eventually face risk limits on sending and receiving depending on the country and usage which can be amount (usually between $1000 and 4000 USD), number of transactions, or both.
Country A limits other nation's exports to Country A to 1000 tons of coal annually. This is an example of ?
Looks like C. is the answer. A would mean they would charge essentially a tax on imports in order to protect domestic producers. There's no mention of a tax, so that's not happening here. Export subsidy would mean the government would put down some money on things that are exported out of the country in order to lower the price to foreign consumers. Again, no mention of subsidy or money, so B is not what's happening. D. means the government would limit how much it exports to other countries... which is a bad idea. Why limit how much you can sell of something that you've already produced or are able to produce more of? More importantly, that's not what the question describes. C. seems to be the best answer. The government is limiting how much foreign coal domestic consumers can buy, thus forcing them, beyond a point, to buy the presumably less-cost efficient domestic coal (thereby helping domestic producers).
How do small countries make money?
The same as for large countries: they make and sell goods and services. Singapore is an extreme example: https://www.cia.gov/library/publications... Very high per capita income (higher than the U.S.), https://www.cia.gov/library/publications... very small population (about 4.6 million), and very high population density (17,000 people per sq. mile) http://en.wikipedia.org/wiki/List_of_cou... South Korea and the the Netherlands are other countries with high population densities (1,260 and 1,020 people/mi^s respectively) and reasonably high per capita GDPs ($26K and $40.3K respectively) For small countries with smaller population densities that are doing well, consider: Norway, Ireland, and Switzerland. In any country, of any size, you can't be well off without high productivity. You seem to dismiss this as technology, but that isn't all it is. It involves cultural aspects such as a strong work ethic, a low level of corruption, political stability, a well-educated work force, etc. If you have those resources, then small size doesn't hurt. If you don't then large size doesn't help. Russia, for example, has incredible resources. But its per capita GDP is not all the high and would be much lower if it weren't for its oil and natural gas sales. It all goes back to comparative advantage as opposed to absolute advantage. http://internationalecon.com/Trade/Tch40/T40-0.php
What is the Western Union limit on money transfer? Does it differ depending on where the money is being transfered to?
Straight from the WU website’s faq:Your limits will vary based on your transaction history, the receiver's country, your location (state) and the service you choose.ONLINE: When sending online, your limits are typically as follows:In Minutes, Three Day, and WU® Pay$2,999 per money transfer Next Day$500 per money transfer Mobile Money Transfer$500 per money transfer Bill Payments/Quick Collect$2,500 per 7 days to a biller (certain states have a limit of $400 only) Prepaid ServicesLimits vary by card issuer.Online FX International Payments$10,000 per transaction (and this limit can be raised)SMARTPHONE: When sending using a smartphone, the same limits apply as when sending online, although not all the same services are offered on the smartphone.AT AGENT LOCATION: There's usually no restriction on the amount of money you may send at an agent location. However, some countries set limits on how much can be received. If you have questions about a specific amount you're sending or a specific country, please call Customer Care at 1-800-325-6000.ON THE PHONE: The money transfer limit ranges from $300 to $2,500.
Is there a limit you can send money through western union cross country?
I am a student and my family usually wires through bank and i know there is a limit before the government starts to step in and question where the source is coming from which is $10,000 each time. I plan to purchase a car here but im skeptic about how much one can send money through western union. People tell me you can send as much and as many times as you like but limited to around $5k, but i find it fishy and too easy and wonder if there is a catch? I was wondering is there a limit on how much you can wire and how often can you do it through western union?
I just received an email from "Parsco International Limited, UK. Has any others got this? Is this a scam?
The company says they are looking for "representatives" to sell oil and gas products in this country. I also noticed that the grammar is very poor for comming from a "legitimate" company. The name at the bottom is "Barry L. Fard". Is it just me or does that name sound a little funny? I think there is something "FISHY" going on here. Any input from others would be welcome.
Under what conditions might a country devalue its currency today?
recession. A country needs to encourage more business and trade. Meaning they need more money from other countries flowing into their economy. So they devalue their trade inorder to encourage people to buy goods made in their country.