International Trade

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...

30 June 2010

Import Export Trade, Imports and Exports

Imports involve transfer of goods and services from a foreign country to home country.Exports on the other hand, entail transfer of goods and services from a home country to the foreign consumers. Import export trade assumes huge importance in the...

30 June 2010

Dumping, Anti-Dumping

When a country floods the market of another country with products that are sold at very low prices, it is called as ‘dumping.’ Dumping benefits the buyers but impacts a country in other ways.What is Dumping?To understand its exact meaning,...