According to Ghai and Gupta, it was the theory of comparative advantage that incorporated together a large portion of trade within the world by eliminating the necessity that pertains to absolute differences in cost, which [...]
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 shape [...]
The trilateral no-custom agreement between Russia, Kazakhstan and Belarus, came into effect, after the presidents of the three members country, approved to sign the custom code at a meeting between the three head of countries, [...]
This paper will discuss the politics of subsidies and world trade so as to demonstrate that while subsidies have positive and negative impacts, pervasive subsidization is harmful to world trade. Subsidies help to ensure stability [...]
The paper focuses on the economic development of two chosen countries within the East Asia region, namely South Korea and Taiwan.
Thirdly, China manipulation of their exchange rate is a threat to the global economy. Currency manipulation is a threat to global economy and the economy of the US.
A tariff refers to a tax that is imposed on imports by the federal government of a country so that it can manage to raise the price of the imported goods to the final consumer.
The poor economic performance witnessed in Argentina in the late decades of the nineteenth century led to the idea of liberalizing the economy in an attempt to rescue the country's economy. One of the effects [...]
The trade between the country and many African countries has embarked on service and technology from China which is exported to African countries.
The publics of the world support the idea of globalization. In summary, globalization has an influence on the culture and morals of the local people.
On the other hand, ECLAC's effects can be seen in its joint strategy formulation for promoting international trade and investments that encourage different stages of economic development.
The concepts of world output and international trade have become important indicators of trade patterns in the world. The relation between the two is that of a trade-led growth, which infers that expansion of international [...]
Comparative advantage David Ricardo developed the concept of comparative advantage in 1817; the main argument of the concept is that a country has a comparative advantage if its marginal production cost is lower than marginal [...]