What are the Theories of International Trade

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…

Categories Real Estate

Understanding Mortgage APR

When you apply for a mortgage, the lender is required to tell you the interest rate and the annual percentage rate, or APR. But what exactly is the APR? The APR is designed to help you shop for loans by…

The role of International Financial Organizations

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…

Barriers On International Trade

Nations trade with one another because they expect to benefit from the transaction. Trade enables them to exchange things they don’t need for the things they do need. But sometimes imports mean fewer jobs and less income for some domestic…

Categories Business

What is an MBA?

The Master of Business Administration (MBA) is a master’s degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country…

Measuring the effectivity of international trade

International trade is based on the process of importing and exporting goods. Every good exported by one country must be imported by another. International trade increases total output. Nations trade with one another because they expect to benefit from the…

Exports, imports and country specialization

Nations trade with one another because they expect to benefit from the transaction. Trade enables them to exchange things they don’t need for the things they do need. Some areas produce things that others cannot. It is caused by the…

Categories Real Estate

Which type of home equity loan should you choose?

This all depends on your situation. However, there are some scenarios where the choice is apparent. For instance, let’s say you need $15,000 to pay for your daughter’s wedding next month and $5,000 to fix your roof next week. In…

Categories Business

How to enter a foreign market

Foreign markets can be very attractive to a business looking for new customers, especially when its home market is becoming saturated. Such an expansion, however, needs to be thoroughly researched and carefully planned to ensure that the timing is right.…

Categories Business

Reasons why outsourcing and global production exists

Global companies place production facilities when costs are lowest. But for some companies costs are only a small part of the production picture. Countries along the world have increased the number of trade barriers, but in another hand market in…