What was the jewellery in but where its wider implication?
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Explanation:
The tariff war between the two countries and its wider implication for both economies has and spurred the demand for gold among investors searching for a ‘safe haven’. Already in the first quarter of the year, central banks have turned into key buyers. Retail investors have followed too.
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Explanation:
Hope it helps....
(a) In 1834, a customs union or zollverein was formed at the initiative of Prussia. It was joined by most of the German States.
(b) The aim of zollverein was to bind the Germans economically into a nation. The Union abolished the tariff barriers and reduced the number of currencies from over thirty to only two.
It helped to awaken and raise national sentiment through a fusion of individual and provincial interests. The German people realised that a free economic system was the only means to engender national feeling.
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