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International trade

A Wisdom Archive on International trade

International trade

A selection of articles related to International trade

international trade

ARTICLES RELATED TO International trade

International trade: Encyclopedia II - Financial markets - Raising capital

To understand financial markets, let us look at what they are used for, i.e. what is their purpose? Without financial markets, borrowers would have difficulty finding lenders themselves. Intermediaries such as banks help in this process. Banks take deposits from those who have money to save. They can then lend money from this pool of deposited money to those who seek to borrow. Banks popularly lend money in the form of loans and mortgages. More complex transactions than a simple bank deposit require markets where lenders and th ...

See also:

Financial markets, Financial markets - Definition, Financial markets - Types of financial markets, Financial markets - Raising capital, Financial markets - Lenders, Financial markets - Borrowers, Financial markets - Derivative products, Financial markets - Currency markets, Financial markets - Financial markets in popular culture, Financial markets - Financial markets slang

Read more here: » Financial markets: Encyclopedia II - Financial markets - Raising capital

International trade: Encyclopedia II - Economics - Definitions of economics

Broadly speaking, economics is a social science, and its area of study is human activity involved in meeting needs and wants. However, beyond this there are a range of definitions, past and present which have been applied, first to the term political economy and then to the modern term economics. John Maynard Keynes once remarked that "Economics is the science of thinking." Broadly the history of the study moved from the study of "wealth" to "welfare" to the idea studying trade offs. < ...

See also:

Economics, Economics - Definitions of economics, Economics - Wealth definition, Economics - Welfare definition, Economics - Scarcity definition, Economics - Areas of study in economics, Economics - Economic assumptions, Economics - Supply and demand, Economics - Price, Economics - Scarcity, Economics - Marginalism, Economics - Value, Economics - Economic language and reasoning, Economics - Development of economic thought, Economics - Schools of economic thought, Economics - Modern 'mainstream' economics, Economics - Neoclassical economics, Economics - Post-Keynesian economists, Economics - Other alternatives, Economics - Economics and other disciplines

Read more here: » Economics: Encyclopedia II - Economics - Definitions of economics

International trade: Encyclopedia II - Dependency theory - Spread of theory

Dependency theory became popular in the 1960s and 1970s as a criticism of standard development theory that seemed to be failing due to the continued widespread poverty of large parts of the world. With the seeming growth of the East Asian economies and India in the last few years, however, the theory has fallen somewhat out of favour. It disagrees sharply with classical and free-market economics. It is far more accepted in other disciplines such as histor ...

See also:

Dependency theory, Dependency theory - Spread of theory, Dependency theory - Implications, Dependency theory - Practical Failure, Dependency theory - External link

Read more here: » Dependency theory: Encyclopedia II - Dependency theory - Spread of theory

International trade: Encyclopedia II - Economic and monetary union - List of Economic and Monetary Unions

Economic and monetary union - Proposed. Economic and monetary union of the Caribbean Community Economic and monetary union of the Economic Community of West African States (ECOWAS) Economic and monetary union of the Gulf Cooperation Council (GCC), due in 2010 Economic and monetary union of the Southern African Development Community (SADC), due in 2016 Economic and monetary union of the South American Community of Nations (CSN), due in 2019 Economic and monetary u ...

See also:

Economic and monetary union, Economic and monetary union - List of Economic and Monetary Unions, Economic and monetary union - Proposed, Economic and monetary union - See Also, Economic and monetary union - Links

Read more here: » Economic and monetary union: Encyclopedia II - Economic and monetary union - List of Economic and Monetary Unions

International trade: Encyclopedia II - Global financial system - Institutions

Global financial system - International institutions. The most prominent international institutions are the IMF, the World Bank and the WTO The International Monetary Fund (http://www.imf.org/) keeps account of international balance of payments accounts of member states. The IMF acts as a lender of last resort for members in financial distress, e.g. currency crisis, problems meeting balance of payment when in deficit and debt default. Membership is based on quotas, or the amount of money a country pr ...

See also:

Global financial system, Global financial system - History, Global financial system - Institutions, Global financial system - International institutions, Global financial system - Government institutions, Global financial system - Private participants, Global financial system - Legal frameworks and treatises, Global financial system - Major incidents, Global financial system - Criticism discussions and reform

Read more here: » Global financial system: Encyclopedia II - Global financial system - Institutions

International trade: Encyclopedia II - Geographical indication - History and legal effect

Governments have been protecting trade names and trademarks used in relation to food products identified with a particular region since at least the end of the nineteenth century, using laws against false trade descriptions or passing off, which generally protect against suggestions that a product has a certain origin, quality or association when it does not. In such cases the consumer protection benefit is generally considered to outweigh the limitation on competitive freedoms represent ...

See also:

Geographical indication, Geographical indication - History and legal effect, Geographical indication - Provisions of TRIPS

Read more here: » Geographical indication: Encyclopedia II - Geographical indication - History and legal effect

International trade: Encyclopedia II - Microeconomics - Assumptions and definitions

The theory of supply and demand usually assumes that markets are perfectly competitive. This implies that there are many buyers and sellers in the market and none of them have the capacity to influence the price of the good. In many real-life transactions, the assumption fails because some individual buyers or sellers or groups of buyers or sellers do have enough ability to influence prices. Quite often a sophisticated analysis is required to understand the demand-supply equation o ...

See also:

Microeconomics, Microeconomics - Applications and Complications, Microeconomics - Assumptions and definitions, Microeconomics - Basic Definitions, Microeconomics - Total Cost-Total Revenue Method, Microeconomics - Marginal Cost-Marginal Revenue Method, Microeconomics - Modes of Operation

Read more here: » Microeconomics: Encyclopedia II - Microeconomics - Assumptions and definitions

International trade: Encyclopedia II - Gold standard - History of the modern gold standard

The adoption of gold standards proceeded gradually. This has led to conflicts between different economic historians as to when the "real" gold standard began. Sir Isaac Newton included a ratio of gold to silver in his assay of coinage in 1717 which created a relationship between gold coins and the silver penny which was to be the standard unit of account in the Law of Queen Anne; for some historians this marks the beginning of the "gold standard" in England. However, more generally accepted is that a full gold standard requires that there be ...

See also:

Gold standard, Gold standard - Why gold?, Gold standard - Early coinage, Gold standard - History of the modern gold standard, Gold standard - The crisis of silver currency and bank notes 1750–1870, Gold standard - Establishment of the International Gold Standard, Gold standard - Gold Standard from peak to crisis 1901–1932, Gold standard - The Depression and Second World War 1933–1945, Gold standard - Post-war International Gold Standard 1946–1971, Gold standard - Theory, Gold standard - Differing definitions of Gold Standard, Gold standard - Effects of gold-backed currency, Gold standard - Advocates of a renewed gold standard, Gold standard - Gold as a reserve today, Gold standard - References, Gold standard - External links, Gold standard - Articles

Read more here: » Gold standard: Encyclopedia II - Gold standard - History of the modern gold standard

International trade: Encyclopedia II - Trade - Organisation of trade

Patterns of organising and administering trade include: State control - trade centrally controlled by government planning. Laws regulating Trade and establishing a framework such as trade law, tariffs, support for intellectual property, opposition to dumping. Guild control - trade controlled by private business associations holding either de facto or government-granted power to exclude new entrants. In contemporary times, the language has evolved to business and professional organizations, ...

See also:

Trade, Trade - History of trade, Trade - Development of money, Trade - Current trends, Trade - International trade, Trade - Organisation of trade, Trade - International organizations, Trade - Types of trade, Trade - Support for trade, Trade - Notes, Trade - External link

Read more here: » Trade: Encyclopedia II - Trade - Organisation of trade

International trade: Encyclopedia II - Directive on services in the internal market - Three pillars

The Services Directive proposes several important changes in the EU services market. These can be grouped into three interrelated pillars: "freedom of establishment", "country of origin principle" and "mutual assistance". The first is what is referred to as the "freedom of establishment". This means that if a company or individual is able to provide a service in one EU country, should they wish to provide the same service in another Member State, there should be little, if any, legal or administrative restrictions on them doing so i.e ...

See also:

Directive on services in the internal market, Directive on services in the internal market - Three pillars, Directive on services in the internal market - Criticisms, Directive on services in the internal market - Future

Read more here: » Directive on services in the internal market: Encyclopedia II - Directive on services in the internal market - Three pillars

International trade: Encyclopedia II - Trade sanctions - Politics of trade sanctions

Trade sanctions are frequently retaliatory in nature. For example, in 2002 the United States placed import tariffs on steel in an effort to protect its industry from more efficient foreign producers, such as China and Russia. The WTO ruled that these tariffs were illegal. The European Union threatened retaliatory tariffs on a range of US goods, forcing the US government to remove the steel tariffs in early 2004. Economic sanctions frequently result in trade wars. The World Tra ...

See also:

Trade sanctions, Trade sanctions - Politics of trade sanctions, Trade sanctions - Recent historical examples of trade sanctions

Read more here: » Trade sanctions: Encyclopedia II - Trade sanctions - Politics of trade sanctions

International trade: Encyclopedia II - Dependency theory - Criticism

While dependency theory as a purely theoretical approach to global economics still exists, to date, all attempts to use the theory to find a practical solution within its framework have failed. The reasons include, but are not limited to: Corruption. State-owned industries tend to have a much higher rate of corruption than privately-owned companies. Lack of competition. By subsidizing in-country industries and preventing outside imports, these companies have no incentive to improve their products, to try and become more efficient in their processes, to please cu ...

See also:

Dependency theory, Dependency theory - Spread of theory, Dependency theory - Implications, Dependency theory - Criticism, Dependency theory - External link

Read more here: » Dependency theory: Encyclopedia II - Dependency theory - Criticism

International trade: Encyclopedia II - Shrimp farm - Social changes

Shrimp farming in many cases has far-reaching effects on the local coastal population. Especially in the boom years of the 1980s and 1990s, when the business was largely unregulated in many countries, the very fast expansion of the industry caused significant changes that sometimes were detrimental to the local population. Conflicts can be traced back to two root causes: competition for common resources such as land and water, ...

See also:

Shrimp farm, Shrimp farm - History and geography, Shrimp farm - Farming methods, Shrimp farm - Life cycle of shrimps, Shrimp farm - Technologies, Shrimp farm - Hatcheries, Shrimp farm - Nurseries, Shrimp farm - Growout, Shrimp farm - Farmed species, Shrimp farm - Diseases, Shrimp farm - Economy, Shrimp farm - Socio-economic aspects, Shrimp farm - Ecological impacts, Shrimp farm - Social changes, Shrimp farm - Footnotes

Read more here: » Shrimp farm: Encyclopedia II - Shrimp farm - Social changes

International trade: Encyclopedia II - Directive on services in the internal market - Future

On 22 March 2005, EU leaders, led by France, agreed on a "far reaching" revision of the Services Directive to preserve the European social model. French President Jacques Chirac told an EU summit in Brussels that the changes planned by the Directive were "unacceptable". 6 However, modifications to the Directive will be introduced within the normal course of the EU legislative process, at a later stage. The Directive will not disappear from the pipeline beca ...

See also:

Directive on services in the internal market, Directive on services in the internal market - Three pillars, Directive on services in the internal market - Criticisms, Directive on services in the internal market - Future

Read more here: » Directive on services in the internal market: Encyclopedia II - Directive on services in the internal market - Future

International trade: Encyclopedia II - Franz Oppenheimer - Personal life

After his study of medicine in Freiburg and Berlin, Oppenheimer was practiced as a physician in Berlin from 1886 to 1895. From 1890 onwards, he began to concern himself with sociopolitical questions and social economics. After his activity as a physician, he was editor-in-chief of the magazine Welt am Morgen, where he became acquainted with Friedrich Naumann, who was, at the time, working door-to-door for different daily papers. In 1909, Oppenheimer earned a Ph.D. in Kiel with a thesis about economist David Ricardo. From 1909 t ...

See also:

Franz Oppenheimer, Franz Oppenheimer - Personal life, Franz Oppenheimer - Ideas, Franz Oppenheimer - Writings

Read more here: » Franz Oppenheimer: Encyclopedia II - Franz Oppenheimer - Personal life

International trade: Encyclopedia II - Don Callis - Wrestling facts

Don Callis - Finishing and signature moves. Claw Superkick Figure Four Leglock Don Callis - Quotes. "Excuse me... Excuse me..." ...

See also:

Don Callis, Don Callis - Career, Don Callis - Wrestling facts, Don Callis - Finishing and signature moves, Don Callis - Quotes, Don Callis - Championships and accomplishments, Don Callis - Personal life

Read more here: » Don Callis: Encyclopedia II - Don Callis - Wrestling facts

International trade: Encyclopedia II - Shrimp farm - Ecological impacts

Shrimp farms of all types, from extensive to super-intensive, can cause severe ecological problems wherever they are located. For extensive farms, huge areas of mangroves were cleared, reducing biodiversity. During the 1980s and 1990s, about 35% of the world's mangrove forests have vanished. Shrimp farming was a major cause of this, accounting for over a third of it according to one study;[VBY01] other studies report between 5% and ...

See also:

Shrimp farm, Shrimp farm - History and geography, Shrimp farm - Farming methods, Shrimp farm - Life cycle of shrimps, Shrimp farm - Technologies, Shrimp farm - Hatcheries, Shrimp farm - Nurseries, Shrimp farm - Growout, Shrimp farm - Farmed species, Shrimp farm - Diseases, Shrimp farm - Economy, Shrimp farm - Socio-economic aspects, Shrimp farm - Ecological impacts, Shrimp farm - Social changes, Shrimp farm - Footnotes

Read more here: » Shrimp farm: Encyclopedia II - Shrimp farm - Ecological impacts

International trade: Encyclopedia II - Economics - Areas of study in economics

Economics is usually divided into two main branches: Microeconomics, which examines the economic behavior of individual actors such as businesses, households, and individuals, with a view to understand decision making in the face of scarcity and the consequences of these decisions. Macroeconomics, which examines an economy as a whole with a view to understanding the interaction between economic aggregates such as national income, employment and inflation. Note that general equilibrium theory combines concepts of a macro-economic view of the economy, but does so fr ...

See also:

Economics, Economics - Definitions of economics, Economics - Wealth definition, Economics - Welfare definition, Economics - Scarcity definition, Economics - Areas of study in economics, Economics - Economic assumptions, Economics - Supply and demand, Economics - Price, Economics - Scarcity, Economics - Marginalism, Economics - Value, Economics - Economic language and reasoning, Economics - Development of economic thought, Economics - Schools of economic thought, Economics - Modern 'mainstream' economics, Economics - Neoclassical economics, Economics - Post-Keynesian economists, Economics - Other alternatives, Economics - Economics and other disciplines

Read more here: » Economics: Encyclopedia II - Economics - Areas of study in economics

International trade: Encyclopedia II - Economics - Economics and other disciplines

There is some tension between economics and theories of ethics, historically a branch of philosophy, which emphasizes how people ought to conduct ourselves and balances of rights and duties. Modern economics deals with this tension explicitly: According to some thinkers such as Mr. John Syko, a theory of economics is also, or implies also, a theory of moral reasoning. One way economists deal with this is to qualify discussions of economic choice by noting the qualifier ceteris paribus ("all other things held constant...") referring to moral or social factors that are (for the sake of a ...

See also:

Economics, Economics - Definitions of economics, Economics - Wealth definition, Economics - Welfare definition, Economics - Scarcity definition, Economics - Areas of study in economics, Economics - Economic assumptions, Economics - Supply and demand, Economics - Price, Economics - Scarcity, Economics - Marginalism, Economics - Value, Economics - Economic language and reasoning, Economics - Development of economic thought, Economics - Schools of economic thought, Economics - Modern 'mainstream' economics, Economics - Neoclassical economics, Economics - Post-Keynesian economics, Economics - New-Keynesian economics, Economics - Other alternatives, Economics - Economics and other disciplines

Read more here: » Economics: Encyclopedia II - Economics - Economics and other disciplines

International trade: Encyclopedia II - Economics - Areas of study in economics

Economics is usually divided into two main branches: Microeconomics, which examines the economic behavior of individual actors such as businesses, households, and individuals, with a view to understand decision making in the face of scarcity and the consequences of these decisions. Macroeconomics, which examines an economy as a whole with a view to understanding the interaction between economic aggregates such as national income, employment and inflation. Note that general equilibrium theory combines concepts of a macro-economic view of the economy, but does so fr ...

See also:

Economics, Economics - Definitions of economics, Economics - Wealth definition, Economics - Welfare definition, Economics - Scarcity definition, Economics - Areas of study in economics, Economics - Economic assumptions, Economics - Supply and demand, Economics - Price, Economics - Scarcity, Economics - Marginalism, Economics - Value, Economics - Economic language and reasoning, Economics - Development of economic thought, Economics - Schools of economic thought, Economics - Modern 'mainstream' economics, Economics - Neoclassical economics, Economics - Post-Keynesian economics, Economics - New-Keynesian economics, Economics - Other alternatives, Economics - Economics and other disciplines

Read more here: » Economics: Encyclopedia II - Economics - Areas of study in economics

International trade: Encyclopedia II - Dependency theory - Practical Failure

While dependency theory as a purely theoretical approach to global economics still exists, to date, all attempts to use the theory to find a practical solution within its framework have failed. The reasons include, but are not limited to: Corruption. State-owned industries tend to have a much higher rate of corruption than privately-owned companies. Lack of competition. By subsidizing in-country industries and preventing outside imports, these companies have no incentive to improve their products, to try and become more efficient in their processes, to p ...

See also:

Dependency theory, Dependency theory - Spread of theory, Dependency theory - Implications, Dependency theory - Practical Failure, Dependency theory - External link

Read more here: » Dependency theory: Encyclopedia II - Dependency theory - Practical Failure

International trade: Encyclopedia II - Microeconomics - Applications and Complications

The simplest way to estimate the opportunity cost of any single economic decision is to consider, "What is the next best alternative choice that could be made?" (This is even though most economic decisions involve multiple alternatives.) The opportunity cost of paying for college this semester could be the ability to make car payments. The opportunity cost of a vacation in the Bahamas could be the down payment money for a house. Note that opportunity cost is not the sum of the available alternatives, but rather of benefi ...

See also:

Microeconomics, Microeconomics - Applications and Complications, Microeconomics - Assumptions and definitions, Microeconomics - Basic Definitions, Microeconomics - Total Cost-Total Revenue Method, Microeconomics - Marginal Cost-Marginal Revenue Method, Microeconomics - Modes of Operation

Read more here: » Microeconomics: Encyclopedia II - Microeconomics - Applications and Complications

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