Understanding Barriers to International Trade

International trade offers businesses the opportunity to access new markets, diversify revenue streams, and gain a competitive edge. However, navigating the global marketplace isn’t always straightforward. Governments often impose trade barriers—measures that can either facilitate or restrict the movement of…

Effects of today’s global economy

Nations trade with one another for the same reason that  individuals and business firms within a country trade: both sides expect to benefit from the transaction. They benefit because trade enables them to exchange things they dont need for the…

Top Reasons of Economic failure

The global economy is referred to the economic status of the world’s countries or even to the global society. Economic status has been fragmented and become stagnant throughout globally. An abrupt fluctuation in global finances has been observed distinctively. Opulence…

Development of less developed countries by transnational companies

International Development is the development of greater quality of life for humans. It therefore encompasses foreign aid, governance, healthcare, education, gender equality, disaster preparedness, infrastructure, economics, human rights, environment and issues associated with these. International development seeks to implement long-term…

Global financial centers: New York and London

New York and London are global financial centers, which in practice mean a great impact on these markets, most processes occurring in the global economy. New York – the center of the U.S. capital market. New York retained the title…