Kuduk: Difference between revisions
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=== Trade Relations ===
For most of Kuduk’s history, both as a collection of independent tribes and as a federation, the vast majority of trade was carried out internally within the isles.
Beginning during the late 20th century, Kuduk joined the [[Red Crown Economic Union]], which spurred some trade between Kuduk and its members. During this time, Kuduk’s main relations for trade remained confined to just nations within the RCEU.
Following several political reforms in 2023, Kuduk opened up the possibility of forming trade relations to nations outside of the RCEU for the first time. Most notably, a trade deal was made with [[New Leganes]].
=== Policies ===
Following the political reforms of the 2023 election, fiscal and monetary policy are decided by the Ministry of Finance and the [[Kuduk National Bank]] respectively. Historically, both fiscal and monetary policy were decided within tribes by their tribal councils, often creating inconsistent and differing economic policies across the isles.
The Ministry of Finance is responsible for deciding the total budget of the nation’s fiscal year and for controlling the nation’s fiscal policy. Since it’s inception in 2023, the Ministry of Finance has worked closely together with the Káan Administration to normalize fiscal policy across the isles and standardize the use of the Krone.
=== Restrictions and Regulations ===
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