International Trade Policy Essay Examples and Topics

A Government Cannot Support Domestic Audiovisual Industry Without Discriminating Against Foreign Products

Introduction Several nations have developed ways of safeguarding their local film industries through conserving market share of domestic films against domination by American films. The market share of American’s films is about seventy percent in the entire world. Many countries have created protectionism techniques such as tax concession, import quotas, subsidies, and screen quotas to […]

Foreign Trade Zone: Legal Issues and Implications

The government of the United States of America (US) created the Foreign Trade Zone (FTZ) to ease customs procedures for companies within US that continually engage in trading activities beyond the US boundary. This analytical treatise reviews the current revision of the FTZ by the Foreign Trade Zones Board and its legal implications. The Foreign […]

International Trade Policy

Making Trade Fairer Is More Important Than Making It Freer The argument under international trade policy that “Making trade fairer is more important than making it freer” is a sound policy proposition that has microeconomic and macroeconomic implications on the performance of local and international economics in aspects of employment, minimization of job losses, better […]

International Economic Conditions in Ukraine

Introduction Ukraine is the largest country in Europe in terms of land mass. The country borders Belarus on the northwestern side, Russia from its eastern and northeastern side, and Black Sea from its southwestern side. Ukraine also borders Poland, Hungary, and Slovakia. It continues to enjoy the second largest military body among all European nations. […]

Sustainability of Trade Relationship Between EU and China

Globalisation has opened up channels for different countries to join hands in a bid to strengthen their business ties. China is one of such countries. Upon joining world trade organisation (WTO), China became the EU’s largest trading partner in goods and fourth trading partner in terms of services. Although frustration in the bilateral trade relationship […]

Changes in Volume and Distribution of FDI

Introduction The last day of 2012 will remain one of the most significant days in the memoirs of the recently re-elected American president Barack Obama. This is because the American economy may revert to recession if the country’s legislature fails to agree on some changes to the tax code and some spending. One of the […]

International Trade and Its Effects on Globalization

Introduction The evolving world has proved that nations are indeed exchanging goods and services and strengthening interdependence. Many nations are involved in both inbound and outbound trade by importing the products and human resources that the country does not possess and exporting their surplus outputs. International trade provides a pathway that encourages interdependence across nations […]

Protectionism in International Trade

Introduction In the growing debate over globalisation and free trade, it is difficult to focus on real policies under discussion. There are varied issues that focus on environmental destruction, markets, and exploitation among others, but one must relate globalisation to free trade in order to understand global trade policies. Globalisation reflects the adoption of free […]

Asian Drivers of Global Change

Introduction Great global economical vibrancy has been witnessed in the Asian region in the recent past. This has led to a group of nations in this region developing into economic powerhouses that command global trade markets and policies. Dynamic Asian economies have earned themselves the name “Asian Drivers of Global Change” due to new energy […]

The Issue of Global Trade Imbalances in the US and China

Introduction Globally, the mid 2000 experienced an economic performance boom. Things then turned for the worst after the financial crisis that happened in August 2007. During the boom period, the aggregate growth of the economy was robust; the rate of inflation was low; the international trade, in reference to the flows of finance, expanded; the […]

Anti Dumping Policy

Antidumping laws are put in place to alter the existing pricing policies used by the foreign firms. Basically, the laws are made with a view to protecting domestic firms from foreign pricing that are seen as having a negative economic impact on the local industry. The anti dumping restrictions are carried out when the foreign […]

Economic Policies: United Arab Emirates and World Trade Organisation

Trade and Commerce Trade and commerce has an underlying effect on the economy of the world as a whole. The effects of this phenomenon result from the different economic principles put in place by governments and other agencies to ensure international trade is free and fair. Krugman and Wells (2012) cite a number of economic […]

Dubai economic policy on international trade

Dubai’s openness to international trade is the most important factor in Dubai’s rapid development. Dubai’s policy on international trade has encouraged the development of infrastructure to support trade. Infrastructure built to support trade includes roads, airports, and power plants among others. The rapid development in real estate can also be attributed to international trade. Trade […]

The Process of Foreign Trade System Reform and Current Policy Issue in China

Introduction After a 27-year rule Chairman Mao Zedong, in 1976, Deng Xiaoping took over the reins of power of The People’s Republic of China. The economic principle-guiding rule of Chairman Mao was the Great Leap Forward while Deng Xiaoping guiding principle was opening up the economy. The policies were different on many fronts. Chief among […]

International trade in Nigeria

Introduction Globalization refers to “the growing interdependence of countries resulting from the increasing integration of trade, finance, people, and ideas in one global marketplace” (Bigman 2002, p. 7). This paper examines the effect of globalization on Nigeria’s participation in international trade. In particular, it will focus on how trade liberalization, protectionism, BWIs, and MNEs have […]

China’s Export, Import, and the Related Policies

Tariffs on imported food and cars China is the second largest importer and America’s largest trade partner. Other partners include Japan, the European Union, South Korea, Taiwan, and ASEAN countries. Since the Chinese integration into the world economy, the amount of its imports has also increased significantly. Some of the major imported products in the […]

Summary: “Trade Protectionism Rises as Economies Slow” by Sudeep Reddy

This summary and analysis looks at an article from the Wall Street Journal dated 14th June 2012 and written by Sudeep Reddy. The article titled “Trade Protectionism Rises as Economies Slow” contends that economic slowdown in many regions around the world has made many nations to turn to trade protectionism to ensure that their economies […]

International Trade as a Contributor to a Peaceful Existence of Nations

Introduction International trade is a trade that involves two or more countries. It involves the exchange of goods, services and capital. Countries sell products in other countries; these goods are referred to as exports. Goods bought from other countries are referred to as imports (Batiz, 2004). International companies engage in international trade in order to […]

The International Trade Policy and Realizing of Economic Growth

International trade entails the conduct of business by all countries in a similar platform with no preference for the mutual benefit of all players. In this regard, the relevant bodies regulate all players ensuring the proper handling of all the factors of production. The entrepreneurship factor, which plays crucial role in the process, requires proper […]

Trade Liberalization in International Trade

Introduction International trade is the exercise of exchanging products, either tangible or intangible, between different countries across the globe. This involves both import and export trade, both of which have their significant positive and negative impacts in the trading countries. Due to the controversies surrounding international trade, the venture is not fully acceptable in almost […]

Dubai Academic City Market Entry Strategies

Introduction Companies have shifted their focus from domestic to global marketing due to the emerging competition. Global marketing entails opening up markets in a worldwide degree and taking business advantage of different global operations and opportunities (Gillespie 2007). Dubai Academic City (DAC) The Academic city is a home to new global schools such as colleges […]

International Trade and Investment

The rationale for international trade and investment has economic, political, and legal perspectives. There are economic advantages every country derives from international trade since no country can produce everything it needs. It is through trade with other countries that a country earns foreign exchange, which it requires to buy what it needs from other countries. […]

The law of comparative advantage forms the basis of international trade

Introduction Factors of production differ from country to country. The difference is significant in the labor skills, availability of raw materials, climate and population density. These factors are generally immobile; hence, their differences tend to persist from country to country. Even though climate and land are immobile, other factors like capital and labor have tight […]

Economic Policies of Different Countries

Introduction The day-to-day economic world is driven by different policies as adopted by different countries based on different schools of thought. The paper investigates the organisational purposes of a business, the nature of national environment in which the business operates, the behaviour of organisations in their market environment, and the significance of global factors that […]

The Formation of a Custom Union Between Russia, Kazakhstan and Belarus

Abstract A customs union can be referred to as a trading conformity that permits duty-free distribution of goods and services between member partners and the application of a uniform external duty on goods bought from non-member states outside the trading block. Generally, custom union eliminates any domestic obstacle to trade and calls for a harmonization […]

Politics of Subsidies and World Trade

Introduction The modern world is characterized by unprecedented levels of interaction between people of different nations and cultures. This phenomena has been promoted by globalization, which is a process typified by the immense integration of economies and cultures. As globalization has increased, the volume of international trade has risen with all nations in the world […]

The Asian Cases Comparative

Summary of the main argument of the paper including critical assessment of the methodology and/or results The paper focuses on the economic development of two chosen countries within the East Asia region, namely South Korea and Taiwan. As indicated, South Korea and Taiwan have experienced tremendous economic growth over the last fifty years with a […]

Should the US declare China a currency manipulator?

Introduction There has been a raging debate as to whether the US should declare China a currency manipulator. The debate has resulted from Beijing’s behavior in international trade that seeks to dominate the international market. China intentionally maintains its exchange rate lower than that of the United States to make its products cheaper than products […]

Barriers to International Trade and Economic Development in Africa

With the advent of globalization, many African countries are opting for free trade to enable them to participate effectively in the international market and therefore boost their growth. There are, however, certain barriers that these countries face, which limit them from actively participating in international trade. This state of affairs has contributed to the slow […]

The Benefits of Trade: China versus India

Countries benefit from trade due to comparative advantage. Baumol et al. (2009) defines comparative advantaged in trade as a country’s capability of producing one good than another. According to the law of comparative advantage, two countries, goods firms or individuals can all benefit from trade if in the lack of trade they boast dissimilar relative […]

Impact of Trade Liberalization

Introduction Trade liberalization is the opening of domestic market to the international world. It is the establishment of free market across the globe where by all players across the world are accorded the freedom to carry out business transaction in any country. The trade liberalization is opposed to the concept where countries protect their domestic […]

International Trade between China and Africa

Introduction Despite the collapse of Doha negotiations and world economic crisis, international trade is increasing rapidly. The move is even facilitated further by globalisation and development in information, communication and technology. Different countries trade on comparative advantage and absolute advantage policies and aim to guarantee the availability of goods and service to consumers, when they […]

World Publics Welcome Global Trade – but not Immigration

Introduction The publics of the world support the idea of globalization. Thus, aspects such as multinational corporations, free markets and trade have been encouraged. Nonetheless, publics are not supporting the negative aspects related to globalization. For example, immigration facilitates adverse effects on the locals’ culture and surroundings. Thus, this has contradicted the positive impacts associated […]

International trade and Investments

Introduction The following discussion focuses on IMF’s & ECLAC’s effects on international trade and investments regarding the stages of economic development. These stages of economic growth are best analyzed using Rostow’s model that is characterized by five stages namely: traditional society, transitional stage, take off, drive to maturity, and high mass consumption. The stages of […]

International Trade: Beneficial and Dangerous Dependency Between Countries

Abstract The growth of international trade started gradually way back in the 19th century mainly through regional trading blocs. It experienced great growth until the First World War and remained low throughout the inter war period. After the Second World War, it has experienced growth partly due to the formation of regulating mechanisms. The concepts […]

International Trade Advantages and Limitations

Scientific innovation and invention in technology, communication, and transport networks has facilitated integration among countries; one major element of globalisation is international trade. International trade is trade among countries; it operates on two main paradigms, importation and exportation of factors of production and finished commodities. International trade prevails because of economic, resource and wealth differences […]