The global clothing industry has a very wide reach, encompassing all countries on Earth. Clothes are a necessity of life, people need to be protected from the elements to survive and this is what clothes do. But to what extent do we need clothes and...
According to the United Nations Statistics Division, in 2018, China accounted for 28% of global manufacturing. Chinese manufacturing sector contributed approximately $4 trillion in 2018. However, in 2020, global manufacturing saw the steepest contraction since 2009 as coronavirus impacted China, severely affecting the global supply...
Henry Kissinger was not entirely incorrect when he said “today’s threats more frequently arise from the disintegration of state power and the growing number of ungoverned territories.” However, there are currently several threats are reemerging in the world from a strengthening of power. Some of...
Essentially every major event and political shift in history has been the product of various triggers building up to their occurrence, and in Mexico’s history, this holds true. In this essay, I will discuss the main factors behind the conception and implementation of the 1994...
Introduction Since its inception in 1949, US-China relation has faced rise and declined. The tension between their relations has sometimes intensified and led at the alarming point. In 1949, the Chinese President, Mao, Cared out its Communist Republic in China aftermath of peasant revolution. US...
To understand the underlying political reasons and motives behind the US-China trade war, it is noteworthy to understand the alteration in terms of political standings in the U.S. from 2016 and onwards. “Make America Great Again”. Unless you have been oblivious or ignorant to what...
The world today is full of the complex fields of technology, growing industries, and humanities. One place that has developed a great amount is the country of Canada. It has been ranked highly for its quality of life, its relationship with the United States, and...
First attempt by the French With trade being the most important industry in the world at the time, it is no surprise that many countries explored the possibility of bridging the gap between the two oceans. During the start of the eighteenth century reaching the...
Introduction International trade allows countries to expand their markets for goods and services that may not have been available locally. As a result of international trade, the market has greater competition and hence more competitive prices, making the product cheaper home for the consumer. Global...
This paper is written to critically analyse the legal and economic implications in relation to the current United States (US) - China trade war on World Trade Organisation (WTO) and one WTO member state, which in this case is Vietnam. The US has decided to...
Introduction Talking about the colonial drug trade Arabs and local doctors utilized opium in the British East India Company. British started its drug trade journey in Bengal. Farmers of poppy economic condition became worse by opium monopoly. Social issues represented eventual incident of 1857 as...
In the book of The Influence of Sea Power upon History, Alfred Thayer Mahan emphasizes sea power not only military but also politic (Mahan, 1890). The most important factor of trade is sea and if a country’s international economy is strong, it will be got...
Introduction The aim of this research is to identify and explain the causes behind issues concerning the misuse of foreign aid and the imbalances created by international trade, while providing concepts for potential long-term solutions. The research will go over the respective issues, detailing the...
Definition of International Monetary Fund (IMF) Strategy The International Monetary Fund (IMF), generally called as the Fund, is a general association with the headquartered in Washington, D.C, containing 189 countries trying to create by and large money related speculation, secure budgetary quality, bolster comprehensive exchange,...
International finance is an important part of today’s society. Growing countries need to be able to learn other currencies and trade options when trying to negotiate competitive terms with other countries. If a country can learn an efficient and cheap way to trade with other...
Adam Smith’s Wealth of Nations, chapter four is an interesting read on the Adams Smith ideas on foreign trade, about its flaws and suggestions for improvement. Adam openly condemns and indicates the faults in economic policies and models which were introduced by economists before his time. He believed that...
Fair Trade is the organization that offers alternative products to already-existing conventional products and it was founded as a response to poor working conditions for the workers in third world countries. For the product to receive the Fair Trade certification, it must fulfill certain conditions...
Fair-Trade is a great way to ensure the health and safety of many individuals in the Ivory Coast and helps deliver justice to the workers who have spent most of their lives, producing goods for us. By Pursuing a Fair-Trade mark, Confetti can help and...
Fair trade is a method for exchanging items that expects to guarantee that producers get a reasonable price. It primarily applies to things made for exporting in the international market like bananas, cocoa, coffee, cotton, tea or sugar. From the late 1990s, fair trade enhanced...
In this paper, I will discuss the International political economy of Colombia and its historical events like trades, war, and debt crisis. The theme of this paper will be focused around International Finance like the World Trade Organization, International Monetary Funds, and International Bank for...
Did you know that Apple employs more people than a good-sized city, which is over 90,000 people? And if Apple was a country, it would be the world’s 27th largest country which is located between Venezuela and Belgium? And the company is so successful that...
Identification of the Country For the given assignment we were supposed to choose a country for the purpose of conducting research that is required to fully the international trading profile of the country. For the further research purpose, I have chosen country NEPAL. Nepal is...
This coursework is an attempt to understand the theories associated with Global economic integration and to analyse the significance and impact of Global economic integration (GEI) when conducting International Trade in China. In this course work, I have presented some theories of GEI then I...
Introduction Brazil is the largest country in South America and the fifth largest country in the world. There are many things to see and do including the Amazon Rainforest, the Christ the Redeemer Statue and many soccer stadiums and exhibits. The reason I chose Brazil...
Being the largest country with an area of 17,075,200 square kilometers (6,592,800 sq mi), Russian Federation also known as ‘Mother Russia’, is full of blessings to earth, containing a wide range of natural resources including world’s largest natural gas reserve (2nd largest producer), oil reserve...
With the contrasting responses and situations, there are different strategies that both could potentially follow to make their situations better. When following the responses of the EU to the imposed tariffs, a statement can be made that they have approached the tariffs in a very...
General overview of GATS The GATS was propelled by basically indistinguishable destinations from its partner in stock exchange, the General Agreement on Tariffs and Trade (GATT): making a believable and dependable disposition of worldwide trading rules; guaranteeing reasonable integrity all things considered (standard of non-separation);...
In a capitalist society, citizens are encouraged to trade on the world stage and are also incentivised for it. Each citizen has an equal opportunity to make profits and companies have the opportunity to gain access to untapped markets. Historically, capitalism has allowed many people...
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