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International 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 things they do need and wont. Some areas can produce…
Social media is actually a mode of communication among all the members of the country. To get all the news and information related to the whole country, the only way is social media. Television is the social media to get all the ideas, news, information, etc. Apart from television there…
For that reason alone, financial advisers typically recommend putting 15 percent of a stock portfolio in non-U.S. markets. For most people, a diversified international mutual fund covers the map. Yet if you’re keen on a particular foreign market, consider giving a small portion of your international allocation to a fund…
Digital diplomacy is the new buzz word that governments are following nowadays. Social media unites people globally for any common or serious problem. Their voices are the power and determined only by Likes and Shares provided by them. Let us see the importance of government getting engaged in digital diplomacy…
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 reasons are there for depletion of the world’s economy. US…
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 solutions to problems by helping developing countries create the necessary…
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 of the leading financial center in the world despite the…
There are many international organizations functioning all over the world. They differ in their spheres of interest and size however all of them have their influence on international business relations. Trade organizations are voluntary associations between countries, formed with the purpose of liberalizing or opening trade between those countries. The…
There are a few theories of international trade. One of the most famous is the theory of absolute advantage by Adam Smith. It’s main position are: 1) government should not interfere in the foreign trade regime to maintain open markets and free trade, 2) foreign trade stimulates the development of…
The role of international organizations in developing financial sector among the countries over the world is realized in the recent years. In the same direction, the countries have made changes to develop their financial markets. World Bank One of the most known International Financial Organizations is the World Bank. World…