It’s easy to take for granted our accessibility to products native to or manufactured in countries on the other side of the world. International trade makes it possible to enjoy a dinner of Kobe beef from Japan, tropical fruits from India and a bottle of wine from France, without having to wait days (or weeks) for all the ingredients to arrive. From the days of the Silk Road between Europe and Asia in the 1200s, international trade has facilitated the exchange of goods and services between nations. As transportation evolved to make doing business internationally more practical, the result has been a global economy where events in one county can impact product supplies, demand and prices in countries thousand of miles away. For consumers, global trade means more business competition, which (despite tariffs and other additional costs that do not apply to domestic trade) typically results in lower prices for the products they want to purchase. It also opens up more markets where countries can sell the goods that are more abundant within their borders. The Cycle of Global Trade Relationships International trade can, over time, change the nature of relationships between two countries. One familiar example is when a poorer nation provides labor and facilities to more developed trading partners, acquiring wealth that can then be channeled into greater domestic productivity. When that happens, it could eventually result in a reversal of roles, where the product importer becomes an exporter. One sees elements of this in the trade relationship between the U.S. and China.
Those “silos” that often pop up in large organizations – where departments fail to share information, tools and priorities –… Read More
IndexBox has just published a new report: ‘U.S. Textile Bag And Canvas Market. Analysis And Forecast to 2025’. Here is a… Read More
A steady drumbeat of tariffs, changing trade policy and an overall environment of uncertainty are leading many manufacturers to take… Read More
Despite recent plans to revive moribund negotiations, the prospects for a near term solution to the U.S.- China trade conflict… Read More
Global Whole Fresh Milk Market 2019 – Output is Driven by Increasing Demand in India, Turkey, the EU, and the U.S.
IndexBox has just published a new report: ‘World – Whole Fresh Milk – Market Analysis, Forecast, Size, Trends and Insights’. Here… Read More
Not just sand castles It’s September, which officially marks the end of summer. Kids have headed back to school and… Read More
IndexBox has just published a new report: ‘Asia – Woven Fabrics Of Cotton – Market Analysis, Forecast, Size, Trends and Insights’…. Read More
IndexBox has just published a new report: ‘U.S. Men’s And Boys’ Cut And Sew Apparel Market. Analysis And Forecast to 2025′…. Read More
House Democrats are holding up ratification of the U.S.-Mexico-Canada Agreement (USMCA) until U.S. Trade Representative Robert Lighthizer agrees to make… Read More
The U.S. and Brazil are the largest economies in the Americas, and all signs point to an even more active… Read More
Two-way FDI is plummeting With trade talks between the United States and China running hot and cold, it’s irresistible to… Read More
« Previous 1 2 3 4 5 6 … 240 Next »