Category: Trade

Introduction Trades Union Congress is a Britain’s federation of trade unions that is made up of 58 affiliate unions in Wales and England (Lecture Notes Week 2). Founded in 1868, this union brought together all other trade unions in this country that represented employees in various sectors of the economy. The union was meant to…

The funeral services industry is essential since it allows grieving people to bury their dead ones in style. The Federal Trade Commission (FTC) proposes and implements specific guidelines to meet the demands of both the professionals in the industry and the consumers. However, there are specific issues that affect the experiences and quality of services…

Introduction As the international economy is being integrated, business opportunities, as well as challenges, continue to ensue. Such challenges affect different nations around the globe, including those with stable economies. In this regard, even the local corporations/companies and the multinational corporations are not immune to the business challenges present in the current globalized society. The…

Table of Contents Introduction United States Trade Deficit Trends from the Recession era The Future of the US Trade deficit Conclusion References Introduction Trade balance refers to an ideal situation where a country’s imports and export are equal. In real life situations, it is difficult to attain this balance, resulting into either a deficit or…

Table of Contents Introduction Aim Scope Simulation in international trade concepts Rodamia’s comparative advantage Advantages and Limitations experienced Factors affecting foreign exchange rates Conclusion Recommendations Reference Introduction Evaluation of a country’s natural resources is paramount in determining the country’s rate of economic growth. Considering the fact that countries have got different quantities and quality of…

Policies refer to statement of intent about developmental issues. Policies are developmental theories and assumptions about the world. They carry incentives that encourage development and others that discourage particular actions. Public policies are intended to achieve certain objectives, an action by the government to attain certain results. The policy process should help the decision makers…

Table of Contents Introduction WTO definition Conclusion Reference List Introduction Looking at the process of globalization maintained and developing in the world practice and in the international relationships one can point out the significance of financial and economic growth for countries using some regulative organization. GATT and then WTO is the organization for the provision…

International trade is a valuable way of a country’s domestic market. This is due to the fact that with its help, labor productivity increases, and the total volume of production increases. Moreover, States whose enterprises and organizations export their products to other countries have a significant economic advantage due to the development of specialized industries.…

Table of Contents Absolute advantage Comparative advantage Foreign Exchange Rates References Absolute advantage Absolute advantage is a concept where one country produces a similar good at a cheaper cost of production compared with another country (William, 2008). This means that the production costs of one country are likely to be higher compared with another country.…

Table of Contents Introduction Fair Trade and Its Principles Fair Trade Brands Conclusion References Introduction International Trade is a very integral part of the world economy, many countries proper because of the international trade, fair trade comes under international trade and more light will be thrown upon the same in this paper. Fair trade is…