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论文作者:www.51lunwen.org论文属性:议论文 Argument Essay登出时间:2016-01-25编辑:carrie2点击率:13759
论文字数:4253论文编号:org201601241155235127语种:英语 English地区:美国价格:免费论文
摘要:本文讲述了菲律宾的货币体系的发展和演变,并讲述了直接交易和间接交易的利与弊。
Legal tender is any form of payment that must be accepted for a debt, according to the laws of the area. Generally, the term refers to government-issued cash money such as bills and coins, as opposed to credit lines, checks, or cards. The laws surrounding legal tender have proved vital in the formation of the fiscal policy of many nations.
The term legal tender means currency that is legally permitted to be used to obtain goods or services in a particular country.
Immediately recognized as legal tender for purchases and to settle outstanding debts, currency remains the single most common of all liquid assets that are used on a consistent basis by retail customers.
II. Development of Philippine Money菲律宾货币的发展
Pre-Hispanic Era前西班牙时代
Archaeological evidence indicates that small seafaring communities existed throughout the Philippine Archipelago for at least 2000 years, prior to the arrival of the Spaniards. The chief means of trading was barter. Records show that Chinese merchants came to the Philippines to trade porcelain, silk and metalwork in exchange for gold, pearls, beeswax and medicinal plants, which the Philippines is naturally rich in. Excavations also unearthed gold ingots, known as piloncitos, the first recognized form of coinage in the country. Barter rings in different sizes, gold ornaments and beads were the other objects used as medium of exchange during the period.
Spanish Era西班牙时代
The Galleon Trade, which started during the colonization of thePhilippinesin 1565 and lasted for 250 years, was responsible for transformingManilainto a trade center for oriental goods. These were brought across the Pacific, in exchange for odd-shaped silver coins called cobs or macuquinas. Other coins that followed were the dos mundos or pillar dollars in silver, the counterstamped coins and the portrait series, also in silver. In the 18th century, the Royalty of Spain authorized the production of copper coins by the Ayuntamiento orMunicipalityofManilain response to the acute shortage of fractional coins. These were called barrillas which first appeared in 1728.In 1852, the first banknotes called pesos fuertes were issued, and in 1861,the Casa de Moneda de Manila minted the first gold coins with the word 'Filipinas ' inscribed, which were called Isabelinas and Alfonsinos.
Revolutionary Period革命时期
On August 23, 1896, the Cry本论文由英语论文网提供整理,提供论文代写,英语论文代写,代写论文,代写英语论文,代写留学生论文,代写英文论文,留学生论文代写相关核心关键词搜索。