International Trade

Negotiations between the European Union (EU) and the United States (US) on the Transatlantic Trade and Investment Partnership (TTIP) are currently dragging on without a clear time target—no wonder in view of the highly complex topics on which to agree....

With the resounding Republican victory in November’s midterm elections, most pundits are despairing that Congress and President Barack Obama will find any areas for cooperation in the coming two years. If there is a potential bright spot of mutual interest,...

Like the Trans-Pacific Partnership, the Regional Comprehensive Economic Partnership, and the Free Trade Area of the Asia-Pacific, the Transatlantic Trade and Investment Partnership (TTIP) between the European Union (EU) and the United States (US) is a second-best approach to trade...

Are the stars aligning for both passage of a trade promotion authority bill by Congress and approval of the Trans-Pacific Partnership agreement? Are the stars aligning for both passage of a trade promotion authority bill by Congress and approval of...

The impact of Chinese demand on global iron ore prices is well known. A less acknowledged consequence of China’s emergence is the transformation of incentive structures in the global shipping market. Dramatic increases in freight rates shifted global iron ore...

The trade industry encompasses the exchange of goods and services across national borders. The history of foreign trade dates back more than 5,000 years. By the 1st century BC, the silk route had been established. This was an extensive network...

Given its strategic location and free trade policy, Singapore has achieved rapid growth in trade over the past several decades. The price and the quality of products and goods have also contributed to the expansion of trade in Singapore. The...

Free trade has existed from the time man learned to barter, much before the concept of actual money and currency materialized. Now, it refers to the movement of goods and services within and outside a country without government regulations. Free...

A Trade Deficit occurs when the value of a country’s imports exceed its exports for a specific period of time, usually a year. The relationship between imports and exports are called the trade balance. When exports exceed imports it is...

Trade barriers refer to government-imposed policies to restrict international trade. Most commonly, a country’s government employs tariffs, duties, embargoes and subsidies as trade barriers. However, imposing trade barriers are against the concept of free trade, popularized by developed nations.  ...

Free trade and a trillion dollar economy sums up Mexico trade and economic performance. The country has opened its doors to international competition and pushes ahead for improved trade relations with the US, Asia and western Europe. Mexico Trade: Economic...

India and China the two emerging economies have increased their respective share in the world trade. After 1980s the economic performance in both the nations are experiencing a better trend. The percentage share of both the nations in the world...

    The issues of international trade and economic growth have gained substantial importance with the introduction of trade liberalization policies in the developing nations across the world. International trade and its impact on economic growth crucially depend on globalization....

    The history of international trade is a long and chequered one. The term has different connotations across history. For example in the era when the nation states were not there the term international trade meant trade over long...

The Gravity Model of Trade is an important model in the arena of international economics. It is like the other gravity models that are present in the domain of social sciences. It makes predictions on the bilateral trade flows and...