Trade Essays

Economists divide international economic exchanges into three categories: trade, labor flow, and capital movement. Trade refers to the exchange of goods such as cloth or wheat in the 19th century. Labor flow involves people migrating in search of employment. Capital movement entails both short-term and long-term investments across great distances. This paragraph presents information about […]

Vertical integration is a management control approach in microeconomics and management, where companies in a supply chain have a shared owner. Each member produces different products or services for specific markets, which are then combined to fulfill a common need. This is different from horizontal integration. Vertical integration can also refer to management strategies that […]

I am pleased to connect with you and offer advice regarding your request. Here are some points that will help you in your activity. You mentioned that your hobby involves buying old cars from auctions, fixing them, and then selling them at auctions for a profit. Your friend’s suggestion to register as self-employed was accurate. […]

Devaluation means decreasing the value of nation’s currency relative to gold or the currencies of other nations. Devaluation occurs in terms of all other currencies, but it is best illustrated in the case of only one other currency. Devaluation and Depreciation are sometimes used interchangeably, but they always refer to values in terms of other […]

1.0 Introduction The founding of the People’s Republic of China in 1949 marked the initiation of contemporary China-Africa trade and economic relations .From the 1950s to the 1970s, African countries were preoccupied with their fight for national liberation while China worked to safeguard its own sovereignty and territorial integrity. They supported each other, forged friendship […]

The bank has been formulating and publicly announcing monetary policy on an annual basis since 2002/03 with the major objectives of maintaining price stability and external as well as financial sector stability and to create a favorable environment for high and sustainable economic growth as directed by NRB Act, 2002. Narrowing down of current account […]

The debt ceiling crisis in America originated from a significant increase in defense spending and an ongoing domestic economic recession, resulting in the government surpassing the legal borrowing limit. The debate surrounding whether to raise the debt ceiling has been prolonged and contentious due to its potential impact on the capital market. Raising the debt […]

Afternoon once again some more on Zimbabwe. (NOV 2008) The rise and ultimate expansion of the Mutapa State owed in part to the decline of Great Zimbabwe. According to oral traditions, Nyatsimba Mutota migrated from the declining Great Zimbabwe and began his conquests of the Korekore and Tavara of the Dande and Chidema areas It […]

Chatime Malaysia managing director Bryan Loo said it expects to have at least 100 bubble tea outlets nationwide by year-end. “We are looking at expanding across Malaysia which includes Sabah and Sarawak as well,” Loo told reporters after the launch of the BCARD and Chatime collaboration at a Chatime outlet in Bandar Puteri Puchong yesterday. […]

The procedure for import trade varies from country to country and is influenced by the import policy, statutory requirements, and customs of different nations. Import trade is regulated by the Government in most countries worldwide. The main aims of these regulations are the appropriate utilization of foreign exchange, limitations on imports of non-essential and luxury […]

Devaluation and revaluation are official changes in the value of a country’s currency relative to other currencies. Devaluation, the deliberate downward adjustment in the official exchange rate, reduces the currency’s value; in contrast, a revaluation is an upward change in the currency’s value. Devaluation is a reduction in the value of a currency with respect […]

Hindustan Unilever Limited (HUL), previously known as Hindustan Lever Limited, is the largest Fast Moving Consumer Goods company in India. In late June 2007, HUL was renamed and it reaches two-thirds of the Indian population through its over 20 distinct categories in Home & Personal Care Products and Foods & Beverages. These products contribute to […]

Sri Lanka is a known country for trade during ancient and medieval times. Its native high-quality products such as Gem Stones, Ivory and Spices have gained popularity not only the neighboring countries like India, China & Persia (Present-day Iran) but also in ancient Kingdoms such as Greek & Rome. Facts of Sri Lanka has been […]

Sea transport has been around for centuries but it has been more active since the ninetieth century. It deals with the shipment of sea freight from one port to another. Sea cargo services are generally used for large deliveries, that have longer lead-times, whilst maintaining crucial visibility and steering clear of costly delays and demurrage […]

This was one of the first theories of international trade. They focus on the individual country in examining patterns of imports and exports. These theories are useful in describing trade for commodities. This is because they are standardized and undifferentiated type of goods and services that focus mainly on price. Mercantilism This theory was developed […]

Coffee and Ethiopia have shared a lengthy and highly tumultuous relationship. According to some, their history dates back to the fifteenth century, but it is widely acknowledged that extensive trade didn’t begin until the late eighteenth century (Aregay 1988, 19). As world coffee consumption skyrocketed in the nineteenth and twentieth centuries, Ethiopia’s economy grew increasingly […]

The sugar trade was driven by its easy accessibility of slaves, land, and the sugar itself. Due to these characteristics the sugar trade flourished greatly through much of the world. Slaves were a main reason for the increase in sugar crops. The trading of slaves was already increasing at the time and therefore made obtaining […]

The slow but continuing reform has been successful in bringing about a relatively high rate of growth to the Turkish economy. The developments of the last two decades show that the Turkish economy achieved a notable improvement after the implementation of the structural liberalization and adjustment program starting in 1980s. The main purpose of this […]

Products can be classified on the basis of three characteristics: durability, tangibility, consumer or industrial use. 1. Durability and tangibility. Non-durable goods are tangible normally consumed in one or a few uses (such as food, soap and clothing). Because these goods are consumed quickly and purchased frequently, the appropriate strategy is to make it available […]

A bill of exchange or “draft” is a written order by the drawer to the drawee to pay money to the payee. A common type of bill of exchange is the cheque (check in American English), defined as a bill of exchange drawn on a banker and payable on demand. Bills of exchange are used […]

Trade unions can be very powerful organisations, however their power does not inevitably lead to increases in wage rates, but not always. The power that the union has can have a big impact upon whether or not it can affect the wage rates within that particular market. It largely depends upon the financial status of […]

Nowadays, all people say that English is the most essential and easiest language that people could use to communicate in different countries. As I read thoroughly the two articles, which are called “ English seen as a Co-star among Global Language” and “Can English be Dethroned”, I’ve found out that people more commonly accept using […]