International Trade

30 June 2010

Baltic Dry Index, BDI

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...

30 June 2010

Trade In Australia

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...

30 June 2010

Ricardian Model of International Trade: An Overview

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...

30 June 2010

Risks in International Trade

    Risks in International Trade are the major barriers for the growth to the same. International trade has been a much debated topic. Economists have differed on the real benefits of international trade. The increase in the export market...

30 June 2010

Regional Trade Blocks at a Glance

The concept of trade blocks is crucial in the context of international trade. Trade blocks are free trade zones designed to encourage trade activities across nations. The formation of trade blocks involves a number of agreements on tariff, trade and...

30 June 2010

Export Report, Exports Analysis, Export Review

An export report or exports analysis is an in-depth evaluation of a country’s export statistics so that its economic planners or policymakers can devise policy changes. These policy changes are required to speed up a country’s economic growth. Areas of...

30 June 2010

Trade Shows

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...

30 June 2010

International Trade Volumes and Prices

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...

30 June 2010

Fair Trade

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...

30 June 2010

Tariff, Tariffs

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...