Category: Trade

During the trade war between China and the US, the former seeks to promote lower tariffs in international trade. China is currently lowering tariffs on other countries to find new trade partners and enhance relationships with existing ones. This paper provides information on trade barriers and the ways the countries try to avoid them, promoting…

Table of Contents General Issue Perspectives from Each Side Analysis of Evidence Qualifications of the Authors Personal Opinion References General Issue Free trade is considered the predominant economic approach worldwide, with many countries subscribing to free trade entirely or partially. The idea is that through free fluctuation of goods and services, inefficient premises are removed…

Summary This paper is a discussion of the article, “Coronavirus: China Yet to Meet Key Phase One Trade Deal Target Due to Covid-19 Lockdown”, which was published on South China Morning Post (SCMP) on April 8, 2020. The article was written by Finbarr Bermingham and Wendy Wu. The article talks about the delayed release of…

Nowadays, the development of air, rail, and road transport contributed to the development the worldwide delivery of the products. As for the fabrication, it might be conducted nationally and internationally while the whole process involves various matters such as intellectual capital, sophisticated design, and manufacturing. In this case, the maintenance of supply chain is used…

A trade war is a situation in which countries seek to harm each other’s economies, retaliate against each other by imposing import restrictions and other methods. The imposition of a tariff on imported products makes exports unprofitable for the second country-party to the conflict. Also, it increases the competitiveness of goods produced domestically, as it…

Although international investment continues to influence growth in the global economy than trade, it has developed without the necessary presence of a formulated international system of rules according to Aaronson (2004). In fact, policymaking in this field has been without success. This is for example due to reasons of disagreement or a requirement for certain…

Table of Contents Absolute advantage Role of the summary assessment World trade organization About the company References Absolute advantage Absolute advantage is the ability of a certain economic unit like a particular country to produce a product in high quantities with a lower cost of production than some other unit. This is done when the…

Table of Contents Introduction Mexico: General Information and Main Trade Patterns Export of Mexico Import of Mexico Trade Theories Conclusion Reference List Introduction Trade is one of the most important elements of a country’s overall economic success. It can significantly influence the federal budget and ensure the financial stability of a state’s regions. Moreover, developed…

The modern business environment is mainly focused on increasing profits and raising gains from trade. These entrepreneurship’s primary goals are not easily achievable; consequently, there is an impressive number of instances of unethical practices among business owners. Being blinded by the high profits, the entrepreneurs commit immoral acts and do not follow the general trade…

Table of Contents Issue Importance of The Problem to the International Community Opinion Reference The moment that the American president-elect, Joe Biden, assumes power and makes the seeming easy pronouncement to abide by the climate agreement, retain membership in the World Trade Organization, and seek to improve free and fair trade among nations, it will…