Category: Trade

Introduction Economic integration makes international trade easier through the removal of trade barriers and tariffs. With economic integration, good and services, labor, and capital find their way in the country where they can be put into maximum use. Increase in mobility of factors of production faces some negative challenges especially because of the economic pressures…

Introduction The field of industrial relations deals with the relationships between workers, more often groups of workers, and the management of an organization. This is why union systems are integral and one of the most important issues connected with the industrial relations. Union system may be characterized by numerous trade unions, the organizations of workers…

International trading is vital in overcoming the problems of limited natural resource production opportunities. Moreover, countries trade with each other to get a higher income due to the difference in the cost of production in the home country and abroad. Another aim of international trading is to increase the specialization of production, which enhances the…

Table of Contents Introduction Human Resource Issues How to Avoid the Situation Ethical issues Advice to Doctor Wong Conclusion Reference List Introduction An employment contract is an agreement between two parties, that is, the employer and the employee (Mouzas, S. & Furmston, M., 2008). The contract is a legally binding agreement that is enforced by…

The Russian invasion of Ukraine has caused enormous human misery, but it has also harmed international trade, which will disproportionately affect low-income nations. Higher costs for commodities such as food and energy resources, raw materials, for instance, will actually increase inflation further, diminishing the value of earnings and putting downward pressure on demand. Furthermore, adjacent…

Table of Contents Prepayment Letters of credit Consignments Open account Drafts References Prepayment The importer pays for the goods before they are shipped for export. The supplier is fully protected from nonpayment for the goods as it gets done in advance. The importer is at a greater risk since the exporter may receive the payment,…

Table of Contents Introduction History of China’s Economy Causes of China’s Economic Rise Current China’s Trade Policy Benefits and Limitations of the Current Trade Policy Global Implication of China’s Economic Rise and Trade Policy Sustainable China Trade Framework Summary and Conclusion References Introduction The presented paper aims to analyze the implications of China’s trade policy…

Table of Contents Abstract Job Losses Protectionism or Free Trade The Reality Summary References Abstract Free trade or protectionism has always been a controversial debate not only within countries but in the global trading arena. The issue was brought back to the forefront with the onset of the global economic recession that has plagued almost…

Table of Contents Abstract The Policies’ Effects Conclusion References Abstract ac With the complexity of these three factors (trade, debt and investment); it calls for support from all quarters for a country to be able to effectively drive them to the nations benefit. As far as trade and investment are concerned, the country has identified…

The world trade organization and North America free trade agreements are both international trade agreements with several similarities and differences. This assessment paper will be deeply focusing on their comparisons and their ways of settling disputes. Both agreements have a common relationship towards the field of trade and economic of raising the standards of living,…