Essays on Export

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Introduction

This research paper will analyze the impact of domestic sales on an exporting nation. The nation for this survey is Spain. There is an escalation in the number of firms in Spain. These firms trade in the international market. This statistics is on the rise since the past three decades. This quick rise in international business in Spain is promoting competition in international and domestic markets. The relationship between the domestic and international demand of goods affect the nation's economy majorly. The entry in international markets ...

Abstract

The analysis is in the favor of the Qatar region as far as enhancing the export composition is concerned. This is also found from the analysis that the composition of goods have been changed exceptionally well from 1998 to 2014, and it has been analyzed accordingly in this entire analysis. It will be a perfect choice for the country to comply with such things in the future as well.

Introduction

The term economics have many faces and concepts, and every concept of economics is essential for the concerned authorities to get information regarding this particular concept. Adam Smith and Alfred ...

Introduction

The global market place of usually dynamic, some of the factors that determine the trends of global market trends include foreign relations, involvement in regional trading and politics, international trade agreements and financial crises. Bilateral trade treaties are an integral element of global trade between two countries (Jian & Shujie, 2006). This paper provides an overview of how the export opportunities for New Zealand are likely to change over the course of the next decade putting into consideration its trade relationship with China.
In order evaluate effectively the trends of export ...

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Exports and Import of Rough Diamonds Regulations
Introduction
The Kimberly Process Certification Scheme (KPCS) was created by the United Nations General Assembly (UNGA) through which it imposes wide-ranging requirements on all its members to empower them to attest shipments of rough diamonds as ‘conflict-free’, thereby preventing ‘conflict-diamonds’ from flowing into the legal trade of diamonds globally.
The Kimberley Process, led by South Africa since the year 2000, has its roots in the decision of all the Southern African nations to take action to put an end to the flow of "conflict" diamonds to ...

Introduction

Global events threatening security of huge numbers of people are recognized as important triggers for introducing changes to the systems of international and national law, so that in the future similar events can become preventable. The brightest example to confirm this thesis is introduction of the UN system and development of international humanitarian and criminal law after the World War II, which was associated with lots of events, which are currently being classified as crimes against humanity, genocide and war crimes. Apart from influencing the international law, World War II had variety of implications on different spheres of life ...

Adequate research is imperative to starting and setting up an export/import business. Vital information about the expenditure and the procedures involved can be gained from thorough online research. Any import/export business can be set up as a sole proprietorship, partnerships or a corporation. Every country has its own set of laws on this. A business license is one of the foremost requirements and you need to check with the local government agencies about licensing and tax requirements before you venture out.
There may be restrictions imposed on certain import/export activities for particular products/ services in different countries. Hence, viability ...

In this paper I will argue that keeping good chemical industry partnership with Sweden will benefit the world for years to come. Therefore further analyses and estimation of Intra-industry trade (IIT) share will be carried out from this perspective. Swedish trade flows for “Miscellaneous chemical products” group have a code of 598 according to SITC (Standard International Trade Classification) given on www.scb.se and 38 according to Harmonized System Codes Classification (Appendix A). In order to see how big the share of Swedish intra-industry trade is and what is the impact of it on the major world partners, we will ...

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The frame work for export Strategy

This Board paper is aimed mainly at addressing the need for the development of a recommended export policy. The major target for this export stratagem is to bring it to the attention of the Board of Directors of EMAA flower Company in Mexico and ensures that it’s adopted and implemented as an export strategy with Great Britain.

Why and how firms engage in international trade

Firms are attracted to participate in trade on an international level on the basis of the viewed market potential that the products as well as services that they produce command demand across border countries. The other very crucial factor hinges ...

Importing and Exporting Operations

Introduction
Chilean Trade Company is a startup company operating in the import/export business. The company’s main business specialization is Lithium products trade operation between Chile and US as both of these countries provide high-technology products.
The impacts of such trade of operations must be clearly understood. Different methods are considered along with the business set up, organization, and location to come to such a conclusion. The strategic approaches are elaborated and further described so that the document can act in guiding investors, public consumers and the government.

Chilean Trade Company (CTC) is a start-up company located in Hamburg ...

Forewords

South Korea is an East Asian nation located in the southern part of the Korea Peninsula. Prior to 1948, the South and North Korea were one nation under different occupying forces. The forces of the United States occupied the south while the Union of Soviet Socialist Republics (USSR) occupied the north. However, in 1948 after the World War II, the nation of South Korea was established, and the two parts were partitioned. This partition caused unbalanced economic units. This was because North Korea controlled majority of the natural resources and heavy industries which were created during the time in ...

Iron and Steel Overview

The demand for steel highly depends on both global and national economies. Development and enhancement of sophisticated technology has improved both quality of product and productivity of work. Integrated mills require very high capital requirements and all mils are greatly affected by commodity prices. Another major force and focus for steel and iron industry include environmental regulations, which check the environmental impacts coming from mills (L e e, 2011). Advancement in technology have greatly reduced the demand for labor, with some Canadian manufacturers reducing the number of man-hours required to produce a ton of steel by 90% over the ...

1 (a). Study by Koutsoumanis et al, the survey on time-temperature conditions of the Hellenic pasteurized milk’s chill chain, the data were gathered through the exhaustive survey of temperature and time conditions during transportation to the storage at retail and domestic storage.

The truck’s temperature during transportation had mean of 6.7 and 6.5 median, making the average temperature of 6.66 °C and 2.0 h standard deviation (Koutsoumanis et al, 2010, p.2). The time of transportation is measured with weibull distribution model which is a fully parametric model. Weibull distribution is a more generalized form of the exponential ( ...

Introduction

Globalization and other factors are driving international businesses and trade. In that respect, multinationals are increasingly becoming subject to factors that are not only born in their home country, but also from host countries as well as markets within which they sell their products. One such factor is the exchange rate that determines the value of the payments that exporters receive for their international sales as well as the value those importers pays for their purchases from foreign markets. In that view, it is becoming crucial for managers and business leadership to establish suitable strategies for managing the risks ...

Introduction

France is among the world’s top five leading economies. The country has significant agricultural resources, a huge industrial stand, and a vastly trained workforce (Hill, 2011). France’s economy is well organized to support international deals of trade with various goods and services. As such, France remains one of the European Union’s chief importers as well as an exporter of a range of products.  The intent of this paper is to provide an analysis of the opportunities for import and export trade for France.

A comparison of opportunities for export and import trade in France

France is rated as the second biggest exporter globally. The country carries out ...

British Exports

Even before the world wars that have struck around the globe, the United Kingdom has always maintained a self-sufficient and stable economy as they kick started the beginning of the Industrial Revolution. Through the world wars, it has managed to sustain the damages and still continuously support itself through exports they have presented around the globe. Since the inception of the European Communities and to its evolution as the European Union, the UK remains to be a strong force in the group. Upon the entrance of the new currency, the Euro; the UK did not incorporate it to their ...

Economic growth is a crucial factor in every country; hence, many resources are channelled towards the improvement of the economy. With economic growth, the citizenry of a given nation stand to benefit as their lives are improved in all spheres, since they are able to secure jobs more easily, save for the future and live a decent life[ CITATION Aut01 \l 1033 ].
The paper is focused on the economic growth of Canada with specific reference to the staple theory of economic growth. The theory is of the idea that, economic growth is dependent on the primary means of ...

Warehousing is a process that involves the storage of wares or merchandise in large scale, in an orderly and systematic manner, for the sole purpose of making them suitably available when they are needed. Ideally, it involves a preservation process of goods in bulk from the moment of purchase or manufacture up to the time when their need arises. Warehousing is one crucial component of trade that demands great mastery and dedication if trade is to be successful (Nelson, 2000). This is because it creates utility of time by providing an over pass between manufacture and final use of ...

Introduction

As many firms in the emerging markets across the globe seek to engage in international business, the need for strategic reasoning is ever increasing. Decision-making mechanisms have to remain detailed to ensure that all actions taken align with the company`s goal of increasing its sales, thus maximizing its profitability. (Helm, 2014, pg 72)Company`s specializing in production in the various industries have to take into account the diverse nature of the global market. At the base of making an entry into a foreign country, lies the focus of deciding what market to venture into and selection of ...

International trade

Technology is a critical factor in production and international trade. The competitiveness of a country correlates with the level of technological development. Posner’s technology gap model explains the trade that exists between an innovative country that comes up with a new technology and the country that imports products from the innovative country. According to Posner, a country that has a technology lead will benefit from international trade so long as it keeps the lead. Due to the economic differences between countries, technological advancement and product innovation do not take place simultaneously in countries (Krugman & Obstfeld, 2012).
Innovative countries ...

Economic development and the IMF and the World Bank in the Caribbean

Introduction
Following the international standards, the Caribbean nations are not very rich in natural resources and this has affected their economies very much. A lot can be done so as to improve the economy in the Caribbean. The paper will discuss the history of the Caribbean economies and the experiences they have gone through in the development of their economies. It will also discuss how trade agreements with other countries, the World Bank and the IMF have helped to shape up the Caribbean economies.
Tourism and the sugarcane industry are also major contributions to the Caribbean economies and their ...

Over the past few years, multinational corporations (MNCs) have emerged and have business presence in vast geographical locations in on the globe. Numerous businesses involved in consumer products and services, in particular financial and management services, have taken advantage of globalization and innovation in information technology to build huge business empires. China and the other emerging Asian ‘tiger’ economies present excellent business location for manufacturing based MNCs. The Middle East is taking the bunch of financial services multinational companies so as to facilitate trade between the East and the . Oil firms are investing in remote locations both on land ...

Export Trading Company: A company that extends a number of its support services to the companies that either operating or want to enter into export business. These services include acting as third party in dealing, shipping, warehousing, they also help clients in finding out buyers in a foreign countries, billing and to provide insurance and marketing services. The Export Trading Company Act 1982 encouraged establishment of Export Trading Companies to provide support to small companies. The act focused on increasing American export business and to provide American products into the world market. Is the Act really benefiting small companies ...

Essay Questions on Marketing

Q1. Identify three separate tools that can be used for analyzing a market and explain using examples how companies can use these to aid their decision making when planning to expand their export marketing operations
A PESTLE (political, Economic, Social, Technological, Legal and Environmental) analysis is one market analysis tool. The PESTLE factors are a framework for examining all the external factors that affect a business (Murphy, 2004). These factors are then weighed on how they support or impede marketing operations. They are a good indicator of growth and decline in a business. In addition, they can show the ...

Abstract

Since the inception of the modern technologies, the world of business has really evolved. The hi-tech transport and communication facilities have made it possible for countries to import and export goods and services. This has led to the emergence of global and regional business powers. UK has a stake in international business, as shown in the essay below.

UK in International Business

1. UK Government role in international trades & international investment.

Sine time immemorial, the UK has been a key player in businesses around the world. This dates back to the Trans-Saharan trade, the triangular trade and the slave trade. During all these ...

Every country in the global community has numerous products sent for export and numerous services expanding their influence abroad. While choosing a product or service to be marketed in a foreign country, it is essential to conduct a carefully analysis of both internal and external environments and emphasize cultural differences of two countries, because it may significantly influence the success and financial performance of the product or service. The following paper will analyze the entrance of Gatorade, sports beverages, to Russia, and the steps United States should undertake in order to market this product in such a different culture.
...

Introduction:

Despite the devastating effects of the 2008 global financial crisis and the subsequent Euro zone crisis, the tourism industry has continued to flourish. Initially, the industry was referred to as a cottage industry but the international travel and tourism industry has evolved becoming a major contributor to economic growth and development in almost every economy in the world. Research has shown that the global increase in worldwide tourist arrivals outperform gross domestic product growth in one out of every two years in the past three decades. Many countries regard tourism as the most significant primary export industry especially the ...

Introduction

Indonesia has established itself as one of the world’s largest producers of furniture and handicrafts not only in the Asian region but also globally. Since 2006, the country has ranked among the top 10 exporters of furniture with countries such as China, Canada, Mexico, Italy, Taiwan Vietnam and Malaysia (Trade Research & Development Agency, 2008). The country has abundant natural resources required to sustain production of furniture. It is the world’s largest producer of Rattan (a type of climbing palm used to make furniture) (Trade Research & Development Agency, 2008). There are also several varieties of wood such as ...

- Globalization and burgeoning technology/innovation that shrink product-life-cycles, coupled with global competitor’s quality and price, brings goods to the USA adding to 80-90% mega-competition for most consumer goods sold in USA, compared to <25% in 1950’s. Equally, global companies compete severely and challenge US firms abroad.
- The U.S. and Eurozone economies play major roles in the world economy and are crucially important for each other’s prosperity. The two sides combined account for around 40% of world GDP, over 25% of world trade, 60% of world foreign direct investment flows, and 60%-70% of world banking ...

International Trade in East Asia

Introduction
The practice of international trade underwent massive changes in the world trading communities over the last 20 years. Upon the formation of World Trade Organization (WTO), the sole regulatory body for the international trade and business, international trade has increased significantly. Until the 1970s, most of the countries relied more on domestic products than imported goods. Almost all the large global economies like France, the UK, Germany, the USA, and Italy were fulfilling their demands from domestic production. However, from the 1980s onwards, bilateral trades have seen a huge upturn. For instance, in the 1980s, Japanese export to ...

Introduction

Economic development stands for sustained and effective actions of communities and policy makers that promote good standards of living and quality economic health of a specific region. Quantitative and qualitative changes in the economy also define economic development of a place. Any nation aiming at achieving an effective economic development must come up with a strategic plan that caters for the economical and social well-being of the citizens. Development forms one of the fundamental pillars that promote the economy of the nation. Development takes place in many aspects and various factors influence the development of the country. The location, ...

International Logistics Inc. Export Potential

An analysis of new markets and potential organic growth opportunities is always a subject to various assumptions that are based on the business of the company. These assumptions drive help I assessment of internal organizational capabilities and external influences, such as governmental, environmental, legal and other aspects, directly impacting business activities. International Logistics Inc. is involved in extremely sensitive and demanding business segment, not only from the perspective of the supply chain and customer relationships, but also from regulatory background, technical capacity and characteristics of the local markets in which the company is present. It worth mentioning, however, that ...

Voluntary export and import restraint agreement quota

Voluntary export restraint agreement quota is both beneficial and disadvantageous to the involved countries. The trade ministries in both countries should therefore weigh its consequences to a country that imposes the quota before they come to such an agreement. Moreover, its resultant effect may not only affect the imposing country but also the citizens of the recipient country who might not buy the new product (Jones, 1984).
The restraint export quota has economic effects to a country’s development and in my opinion; it might immensely affect the importing quota country economic status. Raising the products costs to a ...

The United States and Colombia entered into a free trade agreement known as the U.S - Colombia Trade Promotion Agreement, which was signed on November 22, 2006, went into effect on May 5, 2012. The trade agreement eliminated tariffs removed tariffs on more than 80 percent of U.S. exports of industrial and consumer exports to Colombia (Blaha & Anglin 2012). There are plans in place to remove the remaining tariffs in a period of 10 years. The main aim of the agreement is to ensure order in trade and other economic activities. This resulted into elimination of trade barriers that ...

The United States Commercial Service is an arm of the U.S. Department of Commerce’s International Trade Administration that aims at promoting trade. It is made up of professionals from more than 100 cities across more than 75 countries worldwide. One of the major goals of this service provider is to assist companies in their first steps as they get started in exporting. It also helps them increase their sales to new global markets. The United States Service uses the Government’s export portal as its main online resource. It provides information to clients exporting their goods. It also ...

The Chinese have long been accused of manipulating their currency to further serve their economic gains. The rest of the world, perhaps understandably, reacts badly to currency manipulation, as it is seen as the equivalent of “cheating” in the game of international economics. China is often reviled by the rest of the world because, unlike many other countries that pay lip service to traditional economic and political conventions, China has a tendency to act without thought to conventions. Even American presidential candidate Mitt Romney accused China of “cheating” at international economics and declared that if he became president, he ...

In “The Right Not to Vote, “Sandra Travis Edwards explains “the second time I decided not to vote was a little later. I had finally gotten settled in the town which is still my home, and I had time to get to know the community well enough” (Skwire & Wiener 362). In particular, Edwards bring out the idea that voting is a vital tool that the electorate should use if at all they are going to realize change within their societies. One thing that is important to understand is that voting is a democratic right that every eligible voter should ...

Introduction

There are several international alliances and organizations that countries may opt to be a member of. One of which is the ASEAN or Association of South East Asian Nations. The objective of this paper is to cover and discuss different key topics about the ASEAN and its member countries.
How does it operate as an international organization recognized by different countries? How do its member countries interact? What ties these countries together? Do the member countries actively participate in the discussions, forums, meetings and different projects and agenda of the organization? These are some of the questions that will ...

India: Reforms, Policies, Development

Report

Abstract
India’s economic miracle has always been the point of interests for western researchers. India has become a successful example of a rapidly growing economy due to a number of political, economic, social and industrial reforms. This country has become the world’s leader in hi-tech sphere, producing, supporting and implementing the world’s largest volume of software and hardware. In this report, the structural development patterns are shown during several periods, which brought tremendous shifts in economic, agricultural and industrial sphere making India the global leader in numerous aspects. However, efficient reforms have not solved certain ...

INTRODUCTION

Rio Tinto is a combination of predecessor companies formed by investors in 1873 and 1905. Due to such an extensive knowledge and experience in the mining industry, the organization is regarded as one of the finest and leading global mining and metal company. Being a global mining and metal company, the organization focuses highly on the exploration and processing of Earth’s finest mineral resources with an aim to maximize the shareholder’s value. In order to do so, the organization has the right people for the job and resources to provide the world with minerals and metals. Some ...

In the year 1948, the Republic of China was among the 23 signatory countries of the General Agreement on Trade and Tariffs (GATT). This happened following an announcement by Taiwan’s government that the Republic of China could quit the GATT. It was after China’s revolution of 1949. However, Beijing never recognized such an announcement that its government was quitting the system. After 40 years, in 1986 the Republic of China showed an intention through a notification to GATT, that it was ready to resume its position as GATT’s system Contracting Party. As a result, an examining ...

The law of comparative advantage has, for a long time, been used as the basis of international trade. The law is one of the main potential explanations for income growth rates and higher incomes of open economies. International trade currently accounts for about 25% of the worlds GDP, thanks to the liberalization of trade and the increase in foreign direct investment. Countries and companies trade with each other because of the gains or benefits that accrue from the exchange of goods and services to the trading countries. According to the law of comparative advantage, countries should produce the goods ...

Business operations are usually subject to various forces including the external factors that businesses have no control over. In that respect, businesses need to devise suitable strategies as a means of responding to the forces’ influence. That is applied as a means of enhancing firms’ performance and sustainability. With that view, this case analysis seeks to demonstrate how a region or a country’s economic aspects affects industries and businesses in terms of performance, value and strategies.

Synopsis and objectives

International trade is a key focus for countries in their bid to enhance growth and embrace globalization. In that respect, trade liberalization ...

Introduction

Tourism is a fast-growing and dynamic constituent of the economy sector in the United Kingdom. Tourism is assimilated into the economic system in such a way that it has considerable direct and indirect impact to the overall performance of the economy. The United Kingdom is a favorite destination for many domestic and international tourists, because of its geographical endowment, heritage, sporting activities and art creations. The United Kingdom is ranked sixth in the world by visitor numbers (Office for National Statistics, 2012). In terms of visitor expenditure the United Kingdom is ranked seventh in the world (Surugiu, 2009).
According ...

Gross Domestic Product per Capita

This economic term refers to the overall national output of a country divided by the total number of people in the country. This is expressed in US dollars for every person for the year for which the data used is published. The gross national product per capita of Egypt has increased exponentially over the years since 1990. The graph below shows the data for gross domestic product per capita since the year 2004.

Economic growth

The economic growth of a country is measured through the consideration of many factors. The economy of a country also takes many forms inspired by the ...

Introduction

Switzerland is one of most prosperous economies of the world. Switzerland is a tiny nation with a tiny population but people are skilled, talented and hard working. This central European nation is a landlocked nation and it has limited natural resources. Switzerland is a model for other nations of the world and they can learn from Switzerland how a nation with limited resources can lodge its remarkable presence among other prominent countries of the world. This paper intends to discuss economy of Switzerland and delves deep in order to examine economic conditions, major issues and several other related aspects ...

Question 4

MD international being an export oriented company; they are bound to face innumerable challenges in course of transacting business. From the sourcing of the products, to the actual delivery to clients, there are many business hurdles some that can be handled from within and some that need the assistance of the government or some other external influence to solve. The main market that MD Corporation engages is the Caribbean countries, which pose some unique challenges to trade owing to their economic health, political structures and many other factors.

The government assists MD and indeed any other exporting company in varying ways such as follows.

The United States has access to a lot of information concerning ...

EULA:HEALTHCAREALERT.COM

HealthCareAlert.com is a company specializing in the creation of Smartphone applications to help individuals using the application gets updated in any health threat and providing possible solutions thereto. Basically, the application identifies any health threat near the user then provides reality news where these threats are. It is also a capable of identification of hotspots and cluster spots where these threats are.
For a customer to use the application, he needs to register and provide personal information to the company before getting access to the application. All activities related to its use are bounded by the company’s Application ...

According to the Philippines’ systematic summary of the 1983 to 2006 Balance of payment, that shows all its transactions in reference to the rest of the world, it is reflected that economy has always been ever changing with inconsistencies and policy experimentations. It is also a reflection of different external and internal factors have affected her economy hence exhibited by a “boom and bust” trend.
For many ages, the Philippines have been a largely preferred commercial center owing to its ethnic minority-the pioneer Chinese occupants. During the first and early second millennium, the archipelago had been rampantly visited by ...

PART ONE

Ferrari is a highly renowned and high end performance trademark Italian automobile manufacturing company. Ferrari products range from street cars to turbo-powered sports cars, Ferrari458 Italia specifically, with high level of agility and performance . In this paper, we will focus on the core competencies, pre-market analysis and industry-market technicalities that Ferrari 458 Italia will encounter in order to intrude in highly crowded and competitive Chinese automobile market.
It’s quite evident that whatever the case maybe, whenever a new project is being started or some parent project is extended, it will be encountered by unexpected threats, uncertainties and vulnerabilities. ...

The GATT came into action by its 23 founding members on October 30, 1947 and came into force on January 1, 1048. The original 23 founding countries include the US, Chile, India, Syria, UK, Netherlands, Canada, Australia, Myanmar, Lebanon, Norway, Cuba, New Zealand, Sri Lanka, South Africa, Belgium, Czechoslovakia Brazil, China, Pakistan, Zimbabwe, and Luxemburg (WTO 2012).

The WTO’s predecessor, GATT came into existence after World War II with the intention of harmonizing and facilitating international trade. The international community at that time raised awareness of the need for a multinational organization in addition to IMF and World ...

Venezuela is a Latin American country whose one of the main exports is oil. It has rich oil deposits which make a great contribution of to the national income through exports. This oil trade accounts for the largest share of the Venezuela’s exports from the industrial sector. The industrial exports in turn contribute about 60% of the total gross national income. Oil thus forms one of the basic economic generators or foreign exchange earners (Weisbrot, 2).
A review of the Venezuelan economic development reveals that the economy has grown by over 94% of the anticipated rate. Though this ...

Executive Summary

Tata Nano is a cheap, back-engined, small-sized car with a capacity to carry four passengers built by Indian based automotive company known as Tata Motors. Tata Nano was first introduced in January 2008 during the 9th annual Auto Expo in India (Tata Motors Limited, 2008). The Tata Nano ...

The depression of 1930’s was known as the great depression because its ripples were felt in all countries of the word. It originated from United States and its spread was attributed to the forged relationship between United States and European economies. The further spread to primary producing countries is attributed to the trade interrelation which had developed between these countries and the already developed countries. The primary producing nations included Latin America, Asia and Africa states. This depression strongly pressed countries like Britain and Germany because they had a lot of loans obtained from United States. Employment in ...

Introduction

Guo Pei is a Chinese fashion designer most recently known for the custom-made dress that artist Rihanna wore on the red carpet during the MET Gala in 2015. Aside from being a fashion designer, Pei is the president of the Rose Studio Fashion Co. Ltd. Pei is also the Chief Designer in the company and one of the distinguished members of China’s association for fashion designers (Designers & Books, 2015). Pei’s Rose Studio, which was established in 1997, is one of the most inspiring brands when it comes to haute couture designs. Pei also won several awards over ...

Abstract

Hitler came to power in the post-war Germany bent under the load of contributions. By means of propaganda and well-defined plan to restructure the economy and direct all resources towards military state economy, Hitler was able to quickly and efficiently restore the living conditions to the level that preceded the Great Depression decline. The following work discusses in detail the reforms and changes that took place under the Nazis and argues that the “economic wonder”, as some commentators call the rapid improvement, was only a byproduct of the aggression plans fueled by Hitler’s theory of national supremacy and ...

Business report

Financial repression can be seen in many countries. The concept of financial repression was introduced in 1973 by Stanford economists Edward S. Shaw and Ronald I. McKinnon. The term financial repression means a government policy which aims at lowering interest rates and restricting capital movements. The goal of such government policy, which concerns monetary policy, is to reduce the government debt. Such government measurements can be defined as “stealth tax” (Polin 3). The long-term goal of such measurements is to reduce unemployment in the country and to spur the economic growth. It can be said, that such measurements can ...

There is clear positive relationship between imports and rate of economic growth of the country. The trade is considered favorable if the amount realized from the imports is more than the amount that was used to acquire them. Developing countries focus more on exporting their products while the developed countries will import more so that they can comfortably sustain their economy. Imports will always give pressure to the manufacturers to be more innovative on their production and apply methods that cut on costs so as to be able to compete with imports that are usually cheap.
International trade accelerates ...

Response Paper - ‘Made in USA’

The article ‘Made in the USA’ On The Rise As Manufacturing Costs Drop by Moodley (2012) is an interesting compilation of Boston Consulting Group and other empirical studies on the newest trends in manufacturing and production operations across the globe. The argument that the article is trying to make is that we are moving towards the new era, where previously clear and well established practices of labor outsourcing to less cost-intensive countries set the dynamics of the international business environment. The core of the author´s argument is the statistics that reflect current trends of international companies, such as ...

Turkmenistan’s international trade

When taking into consideration of Turkmenistan’s international trade for the last few decades, it has sought to improve its sovereignty by extensively getting only bilateral trade agreements. It is advocated that the country's prospective prosperity is dependent based on its actual ability to facilitate peace and stability in a probably volatile region. Based on that aspect, its international relations in relation to the essence of trade are articulated within previous Soviet territories that come from the central Asia and Russia. These intricate its assumption while focusing to cultivate emerging relations countries such as America, Asia and Europe, and ...

The primary differences in development between East Asia and Latin America is in the way that the regions took advantage of production and trade. East Asia took immediate advantage of trade by focusing on exporting its products while Latin America suffered from missteps in spending that caused greater debts in the region. Moreover, East Asia was able to capitalize on its manufactured goods by marketing it to the global market. Latin America, on the other hand, focused on marketing its primary goods such as raw materials, minerals and fuels, and agricultural products (Brid & Caldentey, 14). The following discussion focuses ...