Group items tagged

World leaders have warned of a new wave of protectionism, hampering international trade and destroying jobs.

The World Trade Organization (WTO) is an international body whose purpose is to promote free trade by persuading countries to abolish import tariffs and other barriers. As such, it has become closely associated with globalisation.

The United States is taking action against china because China is attempting to manipulate their currency so they always have an advantage in trade.

This article is saying how a land as barren as that of Nevada, can still make for good trade. Nevada has made itself a place where questionable events may be held. By doing this they give them self the comparative advantage in tourism. Tourism may not seem like a good but it is. Nevada, by hosting these events, give the tourist an incentive to come. Nevada has made itself more profitable than other tourist destinations by having things such as Boxing and Prostitution. In the interstate/international market for tourism, Nevada has made itself a top competitor.  In the economic terms, Nevada can produce certain services (prostitution, casinos, boxing,...etc) with less opportunity costs (prison, fines, fees,...etc) than the leading competitor. Also it is in a prime location. People from all over the states can fly or drive to Nevada to see the shows and events that would be illegal elsewhere.  This truly shows that with smart planning, any country/entity has the ability to trade successfully. 

This is an article about how Malaysia's terms of trade is improving. 

letter to the editor about issues surrounding free trade.

This article regards China as responsible for the recession in the USA because China causes unfair international trade where other countries do not stand a change against its labour force.

This article is about China imposing a heavy trade restriction (tariffs - $1 billion) on the import of chicken from the United States. The imposition of tariffs would lead to a loss in 300 000 jobs in the poultry industry in the United States.

In this article, we can see that united states has its own reasons to claim now to pursue such a strategy, because it has run large deficits for most of the last three decades, become the largest debtor country and accommodated other countries' desire for export-led prosperity.

President Obama is lobbying Germany and France to take coordinated measures to prevent Greece's woes from engulfing its neighbors.

clothing business by Faruque Hassan enjoying low costs of production.

The New York Times reports on the United States car company Ford exporting its cars to Russia.