Memberships of trade blocs changed over time because countries realized that there are a huge amount of benefits to joining a trade bloc union. Benefits such as Free trade within the bloc which means that they have free access to each other’s markets, members of the trade bloc are encouraged to specialize. This means that at the regional level there is a wider application on […]

This paper seeks to provide comments on disclosure or other aspects on the article entitled “Global accounting rules could reveal trade secrets” by Cole (2008). The article discusses about the possible revelation of trade secrets which is due to the fear for vague standards under the international financial reporting standards (IFRS) that may require too much disclosure as a result. The IFRS will replace the […]

Introduction This purpose of this document is to discuss the trade between McDaniel’s Commodities UK Ltd and Yamaha Koshimoto (YK) Impex Japan. The document specifies the seller’s conditions for the completion of the export of dried cassava chips to YK Impex Company. The transportation method, payment terms, required documentation and other important inputs, processes and terms needed to accomplish the trade between both parties would […]

Introduction International trade and competitive advantages in the costs of production in China have brought numerous opportunities for China’s exports but also generated challenges due to protectionism from its foreign competitors. Consequently, there have been numerous trade cases against China, including anti-dumping, anti-subsidy, in many economic sectors. The very current trade case involving China is the US accusing Chinese manufacturers of dumping photovoltaic (PV) panels […]

The Impact of the Cuban Trade Embargo By: Natalie Bell 2/25/09 [pic] International Business Law BLAW 4320 [pic] Cuba, the largest island nation in the Caribbean just ninety miles off the coast of Florida, experienced many difficult struggles through its extensive history. It was the last major Spanish colony to gain independence, following a lengthy struggle that was begun in 1868. It was in 1898 […]

In this paper, I base this model on the gravity model of international trade as Smith (1999, 2000, and 2002) and Rafiquzzaman (2002). The gravity trade model states that the amount of trade between two countries can be evaluated on their country-level characteristics (Anderson, J. E. , 1979). The basic gravity model can be derived as below: Xijk = ? 0i (Qj/Nj) ? 1i (Nj) […]

Introduction It is frequently said that the European Union ( E.U. ) is “ an economic giant but a political midget ” . If the 2nd statement seems controversial, the first 1 is verified. Indeed, the E.U. is a major trading power as it is the universe ‘s largest exporter ( 16.2 % of planetary exports[ 1 ]) and importer of goods and services, accounting […]

Introduction The Atlantic slave trade (AST) was a trade in human slaves that took place across the Atlantic Ocean from the 16th and on through the 19th century. It was a trade predominantly in African slaves from mainly the central and western regions of the continent, who were sold by African slave merchants and tribal leaders to European slave traders (Stearns 2001). The slaves were […]

Introduction A trade union refers to an organization with members consisting of workers and union leadership who are united for the promotion and protection of their common interests. Workers come together in a union so as to pursue such goals as the protection of the integrity of their trade, clamour for higher pay and employment, and better working conditions (Reynolds, 2008). A trade union could […]

China’s Trade Disputes Disputes over protection of Intellectual Property Complainant: United States Respondent: China Before China Joined the GAIT (General Agreement on Tariffs and Trade) in 1986, it was a planned economy. What that does mean? It means that the government was in charge of the production, investment and prices. In other words, the government was in charge of running the economy. By that time, […]