TRADE PATTERN OF PAKISTAN TRADE At the international level‚ trade means both export and import. The word ’Export’ can be defined as commercial sale of goods‚ services and financial assets in the international market. Export refers to the value of goods and non-factor services that one country produces and sells to the rest of the world. It includes merchandise‚ freight‚ insurance‚ travel‚ and other non-factor services whereas the repetition of the same phenomena with the intention of purchasing
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Introduction Foreign Trade is the exchange of goods and service between one country and another country. There are some intermediaries between the trade partners such as; insurance firms‚ freight forwarders firms‚ customs firms and Banks. In this paper functions of these intermediares will be explained. Finance in Foreign Trade Banks play a critical role in facilitating international trade by guaranteeing international payments and thereby reducing the risk of trade transactions.; the
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1. Was the Roman grain trade made possible by a strong state‚ or was the strength of the state derived from the kind of economy exemplified by the grain trade? In the ancient world‚ even the first and most important for people’s survival is the food‚ but for the country‚ the first and most important for its survival is the military power. Just like the Roma Empire‚ even its land was poorer than the lands in the North Africa‚ it still could conquer the more fertile countries. How it could be? Was
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American Free Trade Agreement‚ one of the largest free trade areas‚ which in 1994 established a free-trade zone between the US‚ Canada‚ and Mexico. NAFTA passed with some important negotiations to protect the environment and labor standards. In 2001‚ President Bush organized the proposal of expanding NAFTA to a Free Trade Area for the Americas‚ surrounding 34 countries and 800 million people by 2005. President Obama continues to push for expansion to CAFTA known as Central America Free Trade Agreement
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Country Report on the Trade Union Situation in Sri Lanka Sri Lanka Office: No.4‚ Adams Avenue‚ Colombo 4‚ Sri Lanka. Phone: 94 1 502 710‚ Fax: 94 1 502727 e-mail: office@fessrilanka.org Website: http://www.fessrilanka.org Sri Lanka Labour force: 7.2 million 25-29 30-39 40+ 15.5 16.8 6.5 . Labour force participation rate by age and sex Age All ages 15-19 20-24 25-29 30-39 40+ Total % 51.7 25.2 68.7 71.6 71.8 54.9 Male % 67.9 30.6 83.3 95.3 96.9 76.5 Female % 35.9 35.9 54.0 51
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ADVANTAGES AND DISADVANTAGES OF INTERNATIONAL TRADE International trade allows countries to exchange good and services with the use of money as a medium of exchange. Several advantages can be identified with reference to international trade. However international trade does have its limitations as well. Discussed below are both advantages and disadvantages of international trade. Advantages • Greater variety of goods available for consumption – international trade brings in different varieties of a particular
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The Challenges of Fair Trade Historically‚ coffee cultivation had brought a positive influence in developing countries to alleviate rural poverty. Paige (1997) and Williams (1994) also claimed that coffee cultivation had enabled households to develop their land holdings in sustainable‚ high return activity‚ and gainfully employ their family labor (as cited in Barham‚ Gitter‚ Lewis & Weber‚ 2011‚ p. 116). However‚ the global coffee market has fallen into crisis in recent years. A research conducted
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International Trade Simulation‚ explain the basic concept of International Trade‚ emphasize the four key points from the reading assignments in the simulation‚ and apply these concepts to my workplace. Simulation Summary In the International Trade simulation‚ you are the Trade Representative of a small country called Rodamia. You are introduced to international trade--the theory of comparative advantage and the impact of tariffs‚ quotas‚ and dumping on international trade (Applying International Trade Concepts
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TABLE OF CONTENT 1.0 INTRODUCTION 1.1 Organic Products/Local produce 1.2 Fair Trade Products 2.0 FACTS AND FIGURES 3.0 GROWTH PROSPECTS 4.0 MARKETING INITIATIVES AND THEIR EFFECTIVENESS 5.0 EXISTING AND NEW PRODUCTS 6.0 AWARENESS‚ ATTITUDES & BEHAVIOURS OF CONSUMERS 6.1 ’Fair-trade Man ’ 7.0 FAIR-TRADE LABELLING ORGANIZATION 8.0 SECONDARY RESEARCH 8.1 The average spender 8.2 Suppliers 9.0 QUALITATIVE RESEARCH 10.0 QUANTITATIVE RESEARCH 11.0 FUTURE 12.0 CONCLUSION 13.0 REFERENCES
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FREE TRADE VS PROTECTIONISM The issue of Free Trade and Protectionism is one of the most important debates in International economy. According to free trade‚ they believe in opening the global market‚ with as few restrictions on trade as possible. On the other hand proponents of protectionism believe in concentrating on the welfare of the domestic economy by limiting the open-market policy. Both sides have strong view points‚ but it is important to analyze the benefits and disadvantages of free
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