economics
International Trade and Its Factors
Introduction International trade occurs when countries conduct their trading activities across borders (Carbaugh, 2013). World Trade Organization (WTO) acts as the sole trading body that regulates international trade among countries. Certain factors affect international trade negatively by making the operation of trading activities difficult. In particular, recessions affect international trade in several ways. However, both […]
China’s International Business
Over the last decade, many foreign firms have invested in China and used their Chinese factories to produce goods for export. If the yuan is allowed to float freely against the US dollar on the foreign exchange markets and appreciates, how might this affect the fortunes of those enterprises? China focused on pegging the value […]
International Business in Russia and South Korea
Introduction The success of a business firm depends on the marketing mix for the products and services. The four marketing mix includes product, price, place, and promotion. These variables would determine the growth rate of the company. Good managers utilize a marketing mix to promote the products manufactured by the company. Products This is the […]
Economic Analysis of the US Current State
Introduction The paper aims at giving information on the current state of the economy of the US. Some of the macroeconomic variables that will be reviewed are GDP, inflation, and unemployment rate. The paper will further discuss the state of recession and its possible impact on the state of Ohio. A summary of the trend […]
Economic Dimensions of Globalization
Introduction Changes in economic ideology as well as progress in technology have perpetuated increases in capital mobility between nations. The North now takes advantage of cheap labor and a favorable investment climate in the South. With the help of global financial institutions, it has been possible for elite nations to compel poor ones to assimilate […]
International Trade Benefits
Introduction With the world becoming a global village, every aspect of human life has also been integrated and trade has not been left behind either. The free movement of goods and services has been facilitated by the agreement between world economies; in the need and the benefits of promoting free international trade leading to trade […]
Immigration: Its Benefits for US Economy
Immigration is a complex issue that draws a lot of public attention in the USA. Americans have quite a specific view on this phenomenon. Furchtgott-Roth (2013) states that Americans oppose immigration, as they fear that immigrants can take up their jobs. Opponents of immigration emphasize the need to close borders and let the nation develop […]
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