1. why did the yen carry trade work during the early 2000s?

Interest rate was almost Zero.

Explanation:

In the early 2000s, the interest rate of Japanese Yen was almost zero. That's why many Japanese businesses started to borrow Japanese Yen and started investing in the US treasury bills. In that time, the interest of the US treasury bill was 3-4%. Because of this reason, Yen Carry trade worked in the early 2000s.

i believe it to be a democracy

superior technology and improved medical knowledge to foster imperialism. quinine enabled europeans

to survive tropical diseases and venture into the mosquito-infested interiors of africa and asia. the combination

of the steamboat and the telegraph enabled the western powers to increase their mobility and to quickly respond

to any situations that threatened their dominance. the rapid-fire machine gun also gave them a military advantage

and was in convincing africans and asians to accept western control. the following table summarizes the

causes of the new imperialism:

causes of new imperialism

economic military/political humanitarian/religious technological

need for markets need for military bases white man’s burden new medicine

raw materials national security spread of christianity new weapons

source of investments source of

pride—nationalism

social darwinism

(superiority of western

society)

transportation

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