Economics

Opening up its markets in the year 2000 proved to be a wise decision for Canada. Canada trade improved, so did its international trade governance. It also enabled Canada to forge free trade agreements with several countries, such as Japan...

International trade has flourished over the years due to the many benefits it has offered to different countries across the globe. International trade is the exchange of services, goods, and capital among various countries and regions, without much hindrance. The...

 The opportunities and challenges of international trade have been an issue of major concern for the economists and policy makers of the contemporary world. As far as the challenges facing the international trade are concerned, they vary with the economic...

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...

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...

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,...

 The Organization Of The Petroleum Exporting Countries (OPEC) was founded in the year 1960 by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela.OPEC is an intergovernmental organization. The sole aim of the organization is to maintain stability in the oil prices through efficient, economic...

Trade organizations are associations that countries establish to liberalize trade among member countries through voluntary participation. Treaties like the NAFTA aim to liberalize trade between member countries smoothly. Trade organizations are established for specific purposes. The aim is to help...

Too many trading forums and treaties are talked and debated about but we hardly remember their actual accomplishments. The North American Free Trade Agreement or NAFTA, which came into force on January 1, 1994, is not just another treaty that...

The International Finance Corporation (IFC) is a Washington, DC-headquartered organization that promotes private sector investments in developing countries. To obtain assistance from the IFC, countries must become its members. The organization has a total of 181 members. TO become a...

  The Member Countries of International Labour Organization is as follows: ILO Member Countries   The Member Countries of International Labour Organization is as follows: ILO Member Countries Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bolivia Bosnia...

Sustainable economic growth is the ultimate goal of the OECD or Organization (Organisation) For Economic Cooperation and Development. The OECD is an international organization that has 30 members. The OECD was established in 1961 with the following objectives: Promote Employment...

This follows a complete list on IFC Member countries and the respective years of joining the organisation.   This follows a complete list on IFC Member countries and the respective years of joining the organisation.   Countries Year Of Joining...

International organizations are legally constituted entities that operate across several nations. Such organizations do not operate for profit. Some of the international organizations are the WTO (World Trade Organization), Global Futures Foundation and IMF (International Monetary Fund). International organizations are...