Trade Essays

Globalisation is a force that became the buzzword of the 1990s. Various countries around the world have experienced a thrilling increase in trade, innovation transfer and cross-border investment flows in recent years. The effects of globalisation and the evolution of the most developed economies are difficult to separate and a few authors believe the effects […]

A Free Trade Zone is an important area for growth and development in a state where there is poor capacity for local participation. The Ras Al Khaimah Free Trade Zone was established within this overall paradigm to attract commerce. This also enjoys an ideal geographic location and with Saqr Port in close proximity it positions […]

This groundbreaking document, the inquiry into the nature of wealth, was written down in the late 18th century. Yet, after more than two hundred years the world of economics and politics is still affected by the treatise from the brilliant mind of Adam Smith. It seems that taking away the historic work could mean the […]

By its nature Globalisation spans a multitude of disciplines, communities and cultures. Globalisation has been defined differently worldwide by numerous people of academic and professional acclaim. These differences can stem from social, political and economic standpoints. The differences that stem from these definitions can be ascertained from a particular point of view on the subject. […]

The American Fur Company was a relentless monopoly operating in the climatic era of the fur trade. It was established by John Jacob Astor in 1808. The company was created at a time that was favorable to its expansion; it even grew to have a more powerful presence than the federal government over vast areas. […]

South Korea is currently undergoing economic liberalisation and deregulation, although the government has not fully embraced a completely laissez-faire approach to the economy and trade. The UK TI team in South Korea is actively working to eliminate any remaining regulatory obstacles that may hinder entry into the market for UK-based companies (UK Trade and Investment, […]

On a general perspective, SIA faces through financial and commodity risks, such of which comprises of changes in jet fuel prices, foreign exchange rates, interest rates and the market value of its investments. SIA uses derivatives to hedge against these vulnerabilities. Financial risk 1. Jet fuel price risk Like other airlines, Singapore airline’s (SIA) revenue […]

During the late Seventeenth and then the Eighteenth Century, the countries of Western Europe were going through an Industrial Revolution that would see their economies and societies radically transform due to industrialisation and an increase in foreign trade. China is traditionally seen as being left out of this or even isolating itself from the Western […]

Economic globalisation is, in a sense, the strengthening of the position of capitalism as the prevailing structure of production in contemporary history According to Walters, globalisation is a ‘social process in which the constraints of geography on social and cultural arrangements recede and in which people become increasingly aware that they are receding. ‘ It […]

1. In the past five years, the analysis of Export-Import Policy has been centered on the growth of Special Economic Zones. Furthermore, significant attention is given to the global recession in 2009, which is considered one of the most severe recessions since World War II. This recession has had a substantial impact on various economic […]

Chapter 7 The Road to Revolution, 1763-1775 I. The Deep Roots of Revolution • The American Revolution can be attributed to the arrival of the first colonists in America. • Despite lasting eight years, a feeling of independence had already begun to emerge as a result of the vast distance between America and London, which […]

Introduction India presents attractive investment opportunities due to its consistent growth and abundant skilled labor force. As the largest democracy in the world, India has the tenth biggest economy and is ranked fourth globally in terms of purchasing power parity. Moreover, India follows a federal system of government that clearly defines powers between the Central […]

Types of Bill Of Lading There are two types of Bill of Lading (B/L) on the basis of Receipt of cargo:- 1. Shipped on Board B/L: Cargo is on board the vessel, It confirms the buyer that cargo is actually shipped. 2. Received for Shipment B/L:  Shipping Company confirms having received the goods for shipment by […]

The issuance of the currency is controlled by the Reserve Bank of India. The modern rupee is subdivided into 100 paisa (singular paisa), although this division is now theoretical; as of 30 June 2011, coin denominations of less than 50 paise ceased to be legal tender. Banknotes are available in nominal values of 5, 10, […]

Introduction The balance of payment has been an important indicator of the growing economic activities in all countries. The purpose of this essay is to discuss factors that causes Balance of payment problems that are encountered by developing and emerging economies. This essay starts off with an introduction of the definition of B. O. P […]

Free trade is the absence of government regulation in citizens’ transactions with foreign nations. The theories of Smith, Ricardo, and Hecksher-Ohlin explain the advantages of trade. While it may seem clear that trade is beneficial, these theories offer insight into why a country should participate in global trade for goods it can already produce domestically. […]

Labour movement implies in some degree, a community of outlook, it is an organization, or rather many forms of organizations based upon the sense of common status and a common need for mutual help. The trade union movement on the other hand, started after 1918, when the workers formed their associations to improve their conditions. […]

A trade bloc is a type of inter-governmental agreement (also known as trade pact), often part of a regional inter-governmental organization, where regional barriers to trade, (such as tariffs and non-tariff barriers) are reduced or eliminated among the participating states. Advantages of Trading Blocs The main advantages for members of trading blocs are as follows: […]

Intercoastal Electronics Company is excited about the upcoming year, and is ready to acquire new inventory equipment in order to process a streamline operation for their small, rapidly growing consumer electronics products base. The acquisition of new assets within the new year, is extremely essential to planning a budget, and will require the participation of […]

Revaluation of Yuan synopsis. Sun rose from the east with shocking news. China government and People’s Bank of China officially changed the value of their currency and thus removed its peg with US dollar. Prior to the revaluation, $1 U. S. dollar bought 8. 27 Chinese Yuan. After the revaluation, $1 U. S. dollar buys […]

Ancient Greece and Ancient China have many similarities and differences. A similarity between the two ancient civilizations is how they socially treated their women, while a difference is how their economy was handled due to the different trade systems. Another difference between the two societies was the way they ran their political systems. The ancient […]

The Sugar and Silver Trade networks had a profound global influence from the 15th to 18th centuries, impacting nations involved and the entire world. Today, our world is marked by extensive globalization with thriving international trade. Presently, approximately 90% of electronic goods sold in the United States are produced in Far East Asian countries such […]