International Trade

Imports are goods that are legally shipped from one country to another. Import trade involves customs authorities from both the countries. Along with exports, importing goods and services forms the foundation of international trade.Import Trade: Dynamics To import its goods...

Trade balance is the difference between a country’s imports and exports. When a country’s imports surpass its exports over a period of time, it is called a trade deficit. A country’s balance of trade is its largest component when it...

Exports data or exporting statistics refers to the statistical data about goods, commodities or services that are transported to another country for sale or trade. There are several organizations that keep track of exports. As a result, they provide country-specific...

Trade deficit is a situation when in an economy the imports are more than the exports. In such as case the economy is highly dependent on the import of goods. There are various factors for the trade deficit, such as...

 The following table shows the Annual percentage change of world Imports volumes. Levels of Imports are represented both in country wise and region wise over the years. Imports Volumes In Advanced Economies (Annual Percentage Change)     Ten-Year Average 2000...

The Baltic Dry Index or BDI is an international index to measure the cost of shipping raw materials, such as iron ore, coal, steel and cement, through the sea route. It is also known as BALDRY. The London-based Baltic Exchange...

Free market economy is what governs most of the trade in Australia. So, prices of goods are determined by the forces of demand and supply. There is minimal intervention from the government in regulating the trade market. Despite the dominance...

The Ricardian model of international trade attempts to explain the difference in comparative advantage on the basis of technological difference across the nations. The technological difference is essentially supply side difference between the two countries involved in international trade. The...

UK trade consists of the movement of goods and services within the European Union (EU), of which it is a member, and to non-EU countries. International trade in the UK is assisted by UK Trade & Investment (UKTI). This government...

Trade in USA positioned the country as the world’s largest economy, where businesses are free to make market decisions. Trading in international markets is part of its ‘capitalist economy’ outlook. Trade in the US is regulated by the Office of...

Trade shows or trade fairs are exhibitions organized by various industries to showcase new technology, products and services developed by them. Also, companies use these events to review and examine recent consumer trends. Issues within a specific industry may also...

The following table shows the Annual percentage change of world Exports volumes. Levels of Exports are represented both in country wise and region wise over the years. Export Volumes In Advanced Economies (Annual percentage change) The following table shows the...

The following table shows the Annual percentage change of world trade volumes and prices over years. Both the change in Exports and Imports are being represented in the table both in developing nations as well as developed nations. Summary of...

The concept of fair trade has gained substantial importance in the today’s world market. It is a kind of social movement, which is aimed at ensuring fair trade deal for the producers of less developed and developing nations. Proper working...

When a domestic government imposes a tax or duty on an imported good, it is called a tariff. The World Bank predicts that global economy would expand by $830 billion by 2015 if these trade barriers such as tariffs were...