Start As a Lord In a Viscount

Chapter 426: : trade deficit

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It has been more than a few months since the establishment of the Mermaid City, and in the past few months, the Mermaid City has also been developing rapidly, and the development of trade is even more rapid, and it has already become the southern part of the Austrian Kingdom. The biggest port cities are trending too.

And these days, Claire has not been idle either. After finishing all these things, he also began to practice on his own. It's not to improve one's own cultivation, but to polish one's own cultivation. The power of the peak of his magician is improved by that broken godhead, so sometimes he does not master it very well.

And Claire's trading points also accumulated to five points, originally six points, but when it accumulated to four points, Claire used it to make a transaction, matched to a useless plane, and after trading a random thing, Claire was behind Didn't try again. It's not that I haven't tried it before, and not every transaction can be matched to a good plane.

For example, the plane of immortality that he has always been thinking about, except for the one time he matched with "Hongyu", he has never been matched again.

It is better to keep it in the free trading market than to take it for a chance. At least the things there are marked. Although the cost is a bit higher, the certainty is higher! And now he doesn't have a special need to break the transaction, Claire intends to wait until ten points are saved, and then take out a point to match and try his luck.

Now, save it for now. I have seen a "demi-god" godhead in the free trading market before. Claire has experienced the benefits of godhead, so if there is a chance, he still intends to see if he can get it.

...

"call out!"

A gold coin popped out of Claire's fingers, and after several laps in the air, it fell back into Claire's hand, and then slipped back and forth between the fingers in Claire's hand as if it had gained vitality.

After playing for a while, Claire stopped the movement in her hand, picked up the silver dragon coin in her hand and looked at it.

"It is indeed a lot more refined." Claire sighed.

The workmanship of this silver dragon coin is much more refined than the general gold coins of the Austrian Kingdom. Although it is only a detailed reflection, it can also be seen that the strength of the Silver Dragon Empire is far beyond the Austrian Empire.

The strength of a country can be seen from the forging of gold coins, which is related to various factors within a country, such as the level of industry and technology within the country. For example, in the previous life, only four countries could produce gravure printing machines capable of producing banknotes. Of the more than 200 countries, only 50 countries could print banknotes independently.

Claire's current Tulip Principality can also coin its own currency, but it's not necessary. No one uses it, and the cost is much higher than using domestic currency directly.

In addition, it is possible to make currency, and it can also be divided into whether it can be done well. The workmanship of the gold coins of the Austrian Kingdom is not as refined as that of the Silver Dragon Empire. You may think it is unnecessary to do so finely, but others think it is only the most basic. , to judge.

After Claire looked at the gold coins in front of her and pondered for a moment, Regan came over with a large handful of books.

"Master, the financial revenue and expenditure of Mermaid City for the past few months are here."

Claire got up from her reclining chair and asked, "Is it all done?"

"It's already been done by the tax department." Reagan said this with a smile on his face.

"Let's talk about it, the income and expenditure of Mermaid City in the past few months."

"Okay young master." Regan picked up a book in front of him, which was the final version that had been sorted out.

"For the past three months, Mermaid City's financial growth has maintained a growth rate of 30 percent each month, and we expect this rate to be maintained for more than a year."

"In addition, we have earned a total of more than 30 million gold coins from trade, and after deducting the cost, there are more than 13 million gold coins. This part has already taken out 60% of the mermaid according to your instructions. in town..."

"In addition, the number of shops in Mermaid City is also gradually increasing. There are already more than 50 shops, including three large shops, thirteen medium-sized shops, more than 30 small shops, those Many of the small shops have taken out loans from us, and the taxes they have paid over the past few months are also considerable..."

"Tourism is also an important part of Mermaid City's fiscal revenue, and tourism-related industries are also booming..."

"In terms of spending, it's mainly on infrastructure and preferential subsidies on some policies..."

The more Regan talked, the more excited he became. He never thought that Mermaid City would bring them such a big surprise to the Earl of Griffin. From what it looks like now, the young master is really very prescient!

However, after finishing speaking, Regan found that his young master's expression was not particularly happy, but was constantly turning the silver dragon coin in his hand, frowning with a contemplative look.

"Master." Reagan asked, "Is there a problem?"

He thinks there is no problem. Mermaid City is developing very well. Could it be that the young master thinks that the speed of development is not fast enough?

Claire stopped the silver dragon coin that was turning in his hand and asked, "How many silver dragon coins are left in our hand now?"

After hearing Claire's question, Reagan also picked up the ledger in front of him and checked it out. He didn't have to be a political officer for so long in vain, and quickly found the page on the ledger.

"Well... Now, there are still two million and two million silver dragon coins. If converted, it is 13.2 million Austrian gold coins."

"That's the problem." Claire said, "I exchanged five million silver dragon coins with Temi Bank, and now I have consumed most of it."

After thinking for a while, Reagan still didn't quite understand what Claire was trying to convey.

"So I'm going to exchange silver dragon coins again? Young master?" Regan asked in confusion.

Claire shook his head, "That's not what I mean, it's because all the silver dragon coins in our territory have been circulated and have not been earned back."

Reagan was still a little puzzled, because it was due to international trade, and the silver dragon currency was an international currency, so they naturally used the silver dragon coins to buy goods from other countries. Less talk~www.readwn.com~ Is it possible that there will be more?

But they are not at a loss. For those things they bought with silver dragon coins, they can sell them at higher prices in the territory, so they are also profitable.

"Master, I don't quite understand. The financial report of Mermaid City says that we made money from foreign trade." Regan asked directly, if he didn't understand, he had to ask. This is what Claire told him.

Saying that, he tapped his finger on the table twice, "The trade deficit, the import value of our territory is greater than the export value..."

"Do you know what that means?"

Reagan was not stupid either, he quickly thought, "It shows that we are weak in foreign trade relations!"

Claire nodded, "Yes."

This shows that other people's things are very popular on my side, but my own goods cannot be sold. Although I can buy high prices by relying on their things, it is also the money I earn from my side, which is equivalent to He concentrated the funds of the following people back into his own hands, but in fact, there was still a large amount of funds flowing out from his side.

If there is a long-term trade deficit, then the resources and funds on our side will be exacerbated outward, resulting in an increase in external debt, which in turn affects the normal operation of the economy in the entire territory.

In addition to the trade deficit, there is also a trade surplus, which means that the export volume is greater than the import volume, which means that it is more beneficial to the economic development of the territory to draw in the wealth from outside.

However, it is not simple that a surplus is good, a deficit is bad, and an excessive trade surplus will also bring disadvantages. Therefore, it is best to maintain a balance and have a surplus, but not too much.

The current situation is that the two are completely out of balance, and they have no initiative at all in foreign trade relations.

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