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This article offers a short analysis of the Chinese export promotion: outward-oriented strategy to bolster economic growth with some causes for its slowing down. But export promotion is not sufficient to promote development and to ensure the sustainability of the growth-led process. Although China is a star of export- or outward-oriented strategy, there are some possible disadvantages as well, including dependence on foreign demand or worse income equality or environmental degradation as well as undermined care for social safety net. Export-oriented growth is a perfect example in economics that there are no absolutes and that everything is not white nor black but gray.

The U.S. trade deficit widened slightly in August as exports slipped, suggesting trade will probably not be much of a boost to growth in the third quarter. The import growth is weak and consistent with sluggish domestic demand. So in fact this article is about the goods and services account under the current account. The possible reasons for such trade deficit may be a decrease of foreign demand for US exports, decreased domestic interest rates and speculators' anticipations for the US dollar to rise, which means that there will be a tendency for the price of US dollar to appreciate. This leads to even less competitive exports. If I look at this situation from another perspective, more currency flowed out for imports than it flowed in for exports, creating the debit item and exacerbating the current account.

This article talks about how the finance minister wants to release funds for export promotion.

Japan's trade deficit nearly doubled in October, as growth in imports outpaced robust increases in exports to the U.S. and China, the Finance Ministry reported Wednesday. A weakening in the Japanese yen over the past year has helped exports, but it has also increased the cost in yen terms... This is the importance of looking at **how** payments balance. Though Japan has seen some significant increases in exports, most notably in the vehicle and chemical industries, too much money is still leaving Japan. Part of this may be due to the fact that many Japanese firms depend on foreign manufacturing. The government has plans to revitalize a large manufacturing sector of Japan, but the question now is how quickly and how much will it help?

As the article states: "The world's largest economies took a step toward common global guidelines for exchange-rate policies with a pledge Saturday to refrain from targeting their currency policies to gain a competitive trading advantage." This is well-involved in this week's topic, which is aggregate demand. Particularly, this article refers to its component, net exports (export revenue minus import expenditure, or simply X-M) and then its subsidiary component, changes in exchange rates. If a country's exchange rate becomes stronger, then this makes the country's exports more expensive to foreigners and vice versa. Manipulating with exchange rates can bring a certain country substantial trading advantage and this is what G-20 wants to overcome and allow free-trade market as it should be.

The article discusses how the U.S. trade deficit shot up nearly 10% to $36.4 billion in November, hitting its highest point since last January, the Department of Commerce said Tuesday. But even as imports soared, exports also grew -- for the seventh straight month. And some cheered the greater trade activity.

Japan's exports have been rising at an extremely fast rate for the last 3 years although the trade balance seems to remain mired with the Japanese imports expected to increase due to the shuttering of its nuclear power industry.

This article talks about Britain and its problematic exports with subsequent trade deficit problems. Interestingly enough, university courses fees are considered exports as well (money inflow). Britain is a country which is immensely integrated in the global trade flows, but they have a problem of trade deficit. "Part of the reason is the slowdown in continental Europe and America, which take 54% and 17% respectively of British exports. Another is the gradual depletion of North Sea oil and gas. A third is that Britain's strength is in services rather than in the raw materials, machine tools and handbags that emerging markets crave." This running trade deficit can amass huge problems and according to the article [http://www.telegraph.co.uk/finance/economics/10427783/Britain-to-have-worst-2014-trade-deficit-in-industrial-world-on-EU-forecasts.html] Britain will have to tackle it by using expenditure-reducing policies, expenditure-switching policies or supply-side policies.

This article talks about how China released a list of banned items to be exported to North Korea because the Chinese government is worried about how the North Koreans will utilize the items they receive from China. "The list of banned items was released amid a flurry of reports suggesting that North Korea is accelerating its two nuclear weapons programs."

This small article describes the export activities of the Netherlands recently. It gives an accurate impression of the situation, as there are defined values used, real life values. By that, the article provides an interesting insight to macroeconomic activities, from real life, between firms and consumer, all dealt with by the government.

This article is about how more cattle are being exported to Indonesia from Australia. This is due to an improvement in terms of trade by the lifting of a quota on live cattle imports. It talks about how this improvement of trade terms will be great for the Australian agriculture industry.

New Zealand's terms of trade rose for the first time in seven quarters, led by higher export prices for dairy products while a strong kiwi dollar helped constrain import prices.

This article talks about the trade deficit in Japan due to imports of smartphones, the recent earthquake and the consequences of nuclear energy. The trade deficit happened due to numerous numbers of imports against exports. Since Japan's nuclear energy accident, Japan switched to thermal generators and needed/still need to import fossil fuels, which is taking a big part in the trade deficit. In addition, the gadget industry is focusing on smart phones, and this is causing the massive imports of iPhone's and Android's to Japan impacting the market and the people. Also, after the earthquake of 2010, there has been a recover, but not to the level Japan needs to overcome the trade deficit.

In the article the US government accuses Germany of causing economical instability. The US government thinks that Germany relies too much on their exports and does not focus on domestic economy. Furthermore the german government keeps the value of the euro low in order to insure high exports.

There have been predictions of the Euro increasing by a .9% over the next year which are thought to potentially affect unemployment rates especially in Spain. Also, higher currency values are being linked to higher export prices from the European region. Even though export prices are higher, economists predict they will "keep growing despite the stronger currency"

These days, with an economy recovering from a slight collapse and people looking to alternatives to gasoline and coal, a shortage of oil is not very good for the fossil fuels industry. Yesterday, the Organization of Petroleum Exporting Countries announced that oil prices would remain stable, even in these times of uncertainty. With all the negatives of oil (the pollution, the wars it has caused, the danger it can put workers at to obtain, etc.) demand has started to decrease. But, petrol suppliers can't just increase their prices like the supply demand curves might predict because they don't want to risk scaring the remaining consumers into thinking the price of oil will only increase as more of it is used up. This has left OPEC and all of it's members in a bit of a pickle.

This article talks about the increasing need for oil to be imported by China. We learned that imports are leakages from the Circular Flow of Income, and that if leakages outweigh interjections, then income will fail. However, this being China, I believe the income for China will not be greatly affected because China is one of the biggest exporters in the world.

China picks up the decrease in trade and starts their way on a new economic recovery after a shaky inflation in January. Their exports increased drastically compared to the previous couple of months, and their global trade suplus widened.

This article discusses how the goods are less in demand so their GDP is decreasing. Goods may be too much, the economy is shrinking every time its recorded and is projected to fall in the coming months.

This article for me was the perfect example to show how the human needs have trouble coexisting with the finite amount of resources present. Fred Neumann, co-head of Asian economic research at HSBC Holdings said, "Countries such as China have seen droughts over many years. Now we see other parts of the world facing some water shortages, which is starting to impact the global price of certain goods."In this article it basically states the fact that some areas are running low on water and simply cannot keep up with the growing demand for food. Thus instead of having a balance the price of food increased at an alarming rate.