Group items tagged

This article talks about how Australia has experienced a fall in their terms of trade at the end of 2011 (last year), and it is the first time since 2010. This occurred due to an increase in import expenditures and a slight fall in export prices.

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

This article mentions the effect of different terms of trade between various countries on the outcome of the eurozone.

the health spending in US is very high. Even when we compared it to France's. It is also known as the country who spends more on health care than any other country in the world. As they have as well count in per capital terms.

"The government's complicated changes to tax and benefits have begun, squeezing most households in real terms" (from the article)

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. 

The Japan Times reports on a Japanese trade deficit.

The article discusses trade between Vietnam and Russia and the actions taken to encourage trade

This article is about how companies are trying to use phones in a form of headsets instead of using desktop phones to reduce money spent on them as well as in terms of convenience. It relates to this weeks topic as companies/firms (not the company that want to use them) that sell these headsets are making different features and such to increase demand.

In this article there are things about monopoly and oligopoly and in this article there are some information about these in terms of consumers

This article is about the development in terms of the environment and also we can call it 'green' economic growth.

This article is about savings of Americans less and earnings of America a lower minimum wage - in real, or inflation-adjusted, terms - than at nearly any other time since 1950.