It has been more than a few months since Mermaid City was established, and during these few months, Mermaid City has also been developing rapidly, especially in terms of trade. It has a tendency to become the largest port city in the south of Kingdom of Arcanum.
And these days, Claire was not idle either. After settling all these matters, he also started practicing on his own. It is not to improve one's own cultivation, but to polish one's own cultivation. My Archmage peak power was improved by that damaged godhead, so sometimes the mastery is not in place.
The Trade Points number of Claire has also accumulated to five points. It was originally six points, but when it accumulated to four points, Claire was used to make a transaction and matched to a useless plane. After trading something casually, Claire was not used again to try. It's not like I haven't tried it before. Not every transaction can be matched to a good level.
For example, the plane of cultivating immortality that he has always been thinking about, except for that time when it matched with "Hong Yu", it has never been matched again.
Rather than trying your luck, it is better to keep it in the free trading market. At least everything there is marked. Although the cost is a bit higher, the certainty is higher! And now I don't have any special trading needs. Claire plans to wait until ten points are saved and then take out a little bit to try his luck in matching.
For now, save it first. He had seen a "demigod" godhead in the free trading market before. Claire knew the benefits of the godhead firsthand, so if he had the chance, he still planned to see if he could get it.
"Phew!"
A Gold Coins popped out from Claire's finger, spun around in the air several times and then fell back into Claire's hand. Then it slid back and forth between the fingers in Claire's hand as if it had gained vitality.
After playing with it for a while, Claire stopped what he was doing, picked up Silver Dragon Coins and looked at it.
"It is indeed much more refined." Claire sighed.
The workmanship of this Silver Dragon Coins is much more refined than the general Gold Coins of Kingdom of Arcanum. Although it is only a reflection of the details, it can also be seen that the strength of the Silver Dragon Empire is far superior to Kingdom of Arcanum.
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 industrial level and technological level of the country. For example, in the previous life, only four countries could produce gravure printing machines that could produce banknotes. Among more than 200 countries, only 50 countries could independently print banknotes.
Claire The current Tulip Duchy can theoretically mint its own currency, but it is not necessary. No one will use it after it is created, and the cost is much higher than using domestic currency directly.
In addition, if you can make currency, it also depends on whether you can make it well. The workmanship of Kingdom of Arcanum and Gold Coins is not as fine as that of the Silver Dragon Empire. You may think that it is not necessary to make it so fine, but others think that it is only the most basic.
Claire looked at Gold Coins in front of him and pondered for a moment, then Regan came over with a large armful of books in his arms.
"Master, the financial income and expenditure of Mermaid City in the past few months are all here."
Claire stood up from his recliner and asked, "Is everything settled?"
"I've asked people from the tax department to do the math." Regan said this with a smile on his face.
"Then let's talk about Mermaid City's income and expenditure 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 compiled.
"Mermaid City's financial growth has maintained a growth rate of 30% in each of the past three months, 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. After excluding the cost, there are still more than 13 million Gold Coins. Sixty percent of this part has been invested in Mermaid City according to your instructions..."
"In addition, the number of stores in Mermaid City is also gradually increasing. There are already more than fifty stores, including three large stores, thirteen medium-sized stores, and more than thirty small stores. Many of those small stores have obtained loans from us, and the taxes they have paid in the past few months are also considerable..."
"Tourism is also an important source of Mermaid City's fiscal revenue, and tourism-related industries are also booming..."
"In terms of expenditures, they are mainly on infrastructure construction and preferential subsidies from some policies..."
The more Regan talked, the more excited he became. He never thought that Mermaid City would bring such a big surprise to them Griffin County. Looking at it now, the young master is really famous for his foresight!
However, after finishing speaking, Regan found that his young master's expression was not particularly happy. Instead, he kept turning the Silver Dragon Coins in his hand, frowning and looking thoughtful.
"Master." Regan asked, "Is there something wrong with this?"
He thinks there is no problem. Mermaid City is developing very well. Could it be that the young master feels that the development speed is not fast enough?
Claire stopped spinning Silver Dragon Coins in his hand and asked, "How many Silver Dragon Coins do we have left in our hands now?"
After hearing Claire's question, Regan also picked up the account book in front of him and looked it up. He had not been a political officer for so long in vain, and he quickly found the page in the account book.
"Well... there are still 2.2 million Silver Dragon Coins left. If converted, it will be 13.2 million arcane Gold Coins."
"That's the problem." Claire said, "I exchanged five million Silver Dragon Coins with Temi Bank, but now I have consumed more than half of it."
After Regan thought for a moment, he still didn't quite understand what Claire wanted to express.
"So you are going to redeem Silver Dragon Coins again, right? Master?" Regan asked in confusion.
Claire shook his head, "That's not what I mean. It's that all the Silver Dragon Coins in our territory have been circulated and have not been earned back."
Regan is still a little confused, because it is an international trade, and the Silver Dragon currency is an international currency, so they naturally use Silver Dragon Coins to buy goods from other countries. If they buy other people's things, of course the money will be reduced. Is it possible that it will increase?
But they didn't lose. The things they bought for Silver Dragon Coins could be sold at a higher price in the territory. In this way, they also made a profit.
"Master, I don't quite understand. Mermaid City's financial report states that we made money from foreign trade." Regan asked directly. Just ask if you don't understand. This is what Claire said to him.
He tapped his fingers on the table twice, "Trade deficit, the import volume in our territory is greater than the export volume..."
"Do you know what this means?"
Regan is not a fool, and he quickly thought, "It shows that we are weak in foreign trade relations!"
Claire clicked, "Yes."
This shows that other people's things are very popular on our side, but our own products cannot be sold. Although we can buy high prices with their products, we are still making money from our own people, which is equivalent to concentrating the funds of the people below back into our own hands or some people's hands, but in fact there is still a large amount of funds flowing out of our side.
If there is a long-term trade deficit, then the resources and funds on one's own side will be increasingly lost outward, leading to an increase in foreign debt, which will in turn affect the normal operation of the entire territory's economy.
Of course, Claire can also choose to take the things obtained from trade to other territories to buy them and earn their money to fill his own vacancies. But the problem is that other territories already have their own ports. For example, Hill City has eaten up all the share in the eastern part of the kingdom, and the market share in other places is also full. He takes it like dragging coal to Shanxi to sell, and there is no profit.
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 the wealth from the outside is brought in, which is more beneficial to the economic development of the territory.
However, it is not simply that a surplus is good and a deficit is bad. Excessive trade surplus will also bring disadvantages. Therefore, it is best to maintain a balance and have a surplus, but not to go too far.
The current situation is that the two are completely out of balance, and I have no initiative at all in foreign trade relations.
I made two maps, one for Griffin Territory and the other for the southern part of Kingdom of Arcanum, and put them in the comment area. You can take a look. The kingdom map and world map will continue to be updated later.
I always feel like this map came a little late, hahaha