IB Econ HL Section B

This article speaks about how a key driving factor in the Egyptian uprising was income inequality. As Egypt developed, a small portion of the population became very rich while most people continued to struggle.

The EU, which has adopted the common market system comprised of most European countries, is seen affected as a whole by one country's actions, Belgium's dependence on cheap raw materials.

Russia is planning to join the World Trade Organization as early as 2011 after pressing for WTO membership for 17 years.

After years of negotiations, Russia's prime minister Vladimir Putin believes that they will soon enter the World Trade Organization.

As the World Trade Organisation (WTO) gathers in Hong Kong for fresh negotiations between rich and poor countries, should Africa be hopeful?

Colombia initiated talks about a free trade agreement with Singapore that could clear the path to Colombia's membership of the APEC Pacific Rim trading bloc.

This article is about epresentatives from 12 South American countries signing an agreement to create a political and economic bloc modelled on the European Union.

This article is about the possibility of a free trade area in Africa. This has been suggested as an anti-poverty strategy. Many barriers to trade currently exist between African countries, and their removal may encourage economic growth.

This article talks about developing countries, such as China and India, wanting to join in free trade with more developed countries in Europe and the US.

This article is about the attempt to agree on a free trade pact between the US and South Korea. The economies of both countries are hurt by protectionist measures, as they restrict the amount of exports.

In an effort to combat what is seen as deliberate action on the part of the Chinese government to keep that value of its currency artificially low to improve the competitiveness of exports in foreign markets, The US has considered devaluing its own currency. This has led to criticism from China and Russia.

Tobias Levkovich, chief US equity strategist for Citigroup says that protectionism can cause inflation ,a drop-off in business activity, and that US has other options to counteract the unemployment against cheaper import goods.

Against a backdrop of stubbornly high unemployment, both major political parties in the US have picked out China as a target for anger and, perhaps, protectionism. Concerned that cheap Chinese industries are usurping US jobs, politicians are threatening protectionist measures.

The Tea Board of India announced that they will set up a tea quality testing laboratory top control export quality of brew and inspect if it meets international quality and safety standards.

This article analyses the economic rationale of Brazil's tariff policy during the first two years of the Plano Real. To this end, a study is made of the changes made in import duties for all the products traded. The tariff reform process in Brazil was begun in 1988, after the old Tariff Act had been in effect for thirty years, and represented a marked intensification in the process of trade openness, with the definition of a schedule of gradually decreasing tariffs which was further speeded up as from 1990.

This is about the positive effect that trade has had on the UK economy. When more foreigners are buying UK goods, the economy benefits. This shows that decreasing a deficit of the balance of payments is beneficial for the economy.

A surge in imports in June pushed Britain's trade deficit with non-EU countries to its widest level on record.

This article speaks about how the balance of economic power has started shifting form the West to the east and talks about the role that developing countries have played as we approach the 10th anniversary of the Doha Development Agenda

This article discuss on the argument of whether or not to impose higher tax rates on the upper class of the economy.

This article is about governments such as China and South Korea making deals to purchase land from poorer countries. The locals living on the land are often poor and have no say in the deal. This shows the income inequality both between and within nations, as it is the poorer countries and the poorer citizens within those countries that suffer.