Essays on Trade

NAFTA is an agreement signed by Canada, Mexico, and the United States to create a North American trilateral trade bloc. It was established on January 1, 1994 (Twenty-Five years ago). It consists of two highly industrialized countries – the United States and Canada, and a …

The North American Free Trade Agreement (NAFTA) came into place on January 1, 1994 with the intent to allow free trade between the United States, Mexico, and Canada without barriers. In theory, all three countries were expected to benefit equally from the implementation of the …

The North American Free Trade Agreement (NAFTA) is a free trade agreement that has been a controversial topic for many years, particularly in the United States. The NAFTA is a free trade agreement that was signed in 1993 between the three countries, Canada, the United …

GST stands for Goods and Services Tax which is an indirect tax levied on the supply of goods and services. It is levied at every step of the production process i.e. on raw materials purchased by the manufacturer, on products sold to wholesaler by the …

Coffee prices soar and businessmen in the middle of it rake in profits at the expense of the coffee farmer who for years has been on the verge of absolute poverty after investing heavily on the incumbent commodity through massive inputs and labour. However this …

Choosing to invest in futures instead of options brings along both advantages and disadvantages. There is the generally acknowledged strong positive relationship between the currency futures price and the conversion rate expected to prevail for any currency duo. Investing in futures at a given price, …

“Like, every coin has two sides, even this concept of GST has its own benefits and limitations, I leave on the reader to decide for them the impact of GST on economy whether on micro or macro level.” GST is great step of transformation of …

Trade liberalization seems to have increased growth and income through lower price, advanced inputs, technology sharing and access to various infrastructures. However, these gains have been appeared as inverse in case of low-income countries. Great thinkers like Milton Friedman, Adam Smith, David Ricardo, Heckscher- Ohlin …

Globalization, variation and Increasing demand on products and services has encouraged a lot of companies, large and small, to implement policies and strategies into their businesses plans to sustain and protect themselves against competitors. Especially those, foreign competitors. Also to give them the ability and …

International Trade is the Trade between different countries. Purchase from and sale of goods and services outside the country is called international Trade/foreign Trade. Foreign Trade plays an important role in accelerating the process of economic growth of a country. Foreign Trade can be divided …

 The National Law Centre for Inter-American Free Trade states that industrialised countries attained their status mostly by protecting their intellectual property and enacting protectionist measures, however developing and transitioning economies are being advised to liberalise their markets in order to achieve economic growth in the …

Executive Summary Careful consideration must be given to key factors before a company makes the decision to expand into foreign markets. PharmaMed, a U.S. based multinational manufacturer and distributor of medicines and consumer healthcare company, has identified Mexico as an extremely promising country for expansion. …

“Do developments in international trade regime since 1995 (when WTO was formed) confirm Stephen Krasner’s theory concerning the determinant relationships between trade openness and balance of powerif not, what theory may explain these developments? 1.Introduction This paper aims to discuss and analyse the effects of …

Abstract There exists vast literature regarding the 1997 Asian financial crisis. Wade (1998) observed that: Interpretations of the Asian crisis have coalesced around two rival stories: the “death throes of Asian state capitalism” story about internal, real economy causes; and the “panic triggering debt deflation …

Introduction: WTO (World Trade Organization) agreements consists of the rules and regulations and having fair trade practices framework with the developing countries of the world. In order to face multilateral negotiations and to cope up with the failure of Doha Round. The multilateral trade system …

Introduction Triumph motorcycles is a privately- owned British company. Triumph has always had its own distinctive character and a history of creating motorcycles. The company plans to enter Chinese market, they prepared a detailed marketing plan, which is including 7 main parts: marketing objectives, product …

Introduction At present, with the increasing process of globalization, the world is integrated as a huge market. International trade is becoming increasingly important between countries. Therefore, exchange rate are now of great concern, people care about its ups and downs, and its implications, especially, to …

PART ONE INTRODUCTION The most basic needs in an economic functioning is the starting of the expanding deficit and natural resources which are the essentials of making manufactured goods and are the most important foundation of consumption of economy. As the impact on the financial …

Abstract Like an iceberg, most aspects of culture are largely invisible to the casual observer (for example, gender roles, ways to solve problems, conversational patterns). Using Hofstede’s and Trompenaars’ definitions, what aspects of culture do Hollywood films promote around the worldIn what ways do Hollywood …

Introduction If people look back the development of the world economy over the past decades. Manifestly, the world economy is in the time of prosperity and increasingly perfected, thanks to a notion ‘globalization’, which could be seem as one of the important contributors to promote …

Introduction In studying the history of the United States, we come to learn of its rise as a worldwide power. The Global economy has weakened in recent times, especially due to wars and unhealthy banking, leading many economies to major financial setbacks and crisis. China …

Introduction Sea transport is the backbone of international trade and globalization, carrying more than 80% of the volume of world merchandise trade. In 2007 the volume of international maritime transport increased by 4,8% compared with the 2006 year and reached 8.02 billion tons. For comparison, …

Introduction In the past years and in recent times there have been several factors influencing the decline of trade unions, these are ;Business trends, structural changes to industry and labour market changes which involved a change from manufacturing sector to service sector, increase in self …

INTRODUCTION: Textiles and Clothing (T&C) industry is one among the important industries and the major source for the trade in the both developed and developing nations. This sector is mainly depended on the skilled as well as unskilled labour with a highly innovative, design development …

ABSTRACT This dissertation evaluates the European Union’s Common Agricultural Policy (CAP) to determine whether it is an effective and viable way of achieving allocation and redistribution of resources efficiently. It examines the current overall performance of this policy and its effect on international trade. To …

Introduction Background In 1978, when a series of reforms aimed at economic development and opening to world trade were made, China used these to become one of the largest economies in the world by the time of their accession to the WTO in 2001. Just …

Introduction In a globalized world, very few people would question the benefits of international free trade. Different countries can produce their own products having a comparative advantage, and then exchange with the products produced by other countries. However, in the process of international trade, there …

Abstract: This study aims to examine the determinants of FDI in China and India and the causes for their difference. Ordinary least squares models were first applied to analyse separately FDI determinants in China and India and then a panel data model was developed to …

ABSTRACT This study seeks to highlight the management practices employed by multinationals in controlling and managing the financial risks they are exposed to. It also assessed the management practices used by multinationals in the face of financial crisis using Lufthansa and BMW as case study. …

Introduction WTO and Trade Libralization “The world Trade Organization (WTO), is the only global international organization monitoring and controlling the rules of trade between nations. It was formed in 1995 with the General Agreement of Trade and Traiffs (GATT) as its basis.” (Paul and Aserkar, …