Archive | International Trade

Cartels: Formation and Factors | International Trade

After reading this essay you will learn about:- 1. Formation of Cartels 2. Factors Conductive For Cartel Formation 3. Operations of the Cartel 4. Factors which Indicate the Cartel Presence. Formation of Cartels: The trading blocks and product associations and commissions are legal entities with written constitution and code of conduct for the member countries/industries. […]

Trade Barriers: Tariff Barriers and Non-Tariff Barriers

This article throws light upon the two main types of trade barriers. The types are: 1. Tariff Barriers 2. Non-Tariff Barriers. Trade Barrier: Type # 1. Tariff Barriers: These barriers are meant for price protection of the domestic industry. It is imposed in any of the following three forms or a combination of them: Ad […]

Trading Blocks: Formation and Review | International Trade

After reading this article you will learn about:- 1. Introduction to Trading Blocks 2. Formation of the Trading Blocks 3. Review of Selected Trading Blocks. Introduction to Trading Blocks: Geographical proximity and common interests are the two reasons for nations to come together and form a community having mutual respect and responsibility for each other’s […]

Global Strategy for Markets (With Diagram) | Business

After reading this article you will learn about:- 1. Introduction to Global Strategy for Markets 2. The Need Factor 3. The Investive Phase 4. Prospecting 5. Product Approach. Introduction to Global Strategy for Markets: The domestic markets are the most protective one here the markets and the logistics can be controlled directly and indirectly with […]

Factors Affecting the Demand and Supply of Trade | Business

This article throws light upon the four major factors affecting the demand and supply of trade. The factors are: 1. Importance of the Study of Demand and Supply 2. Man-Made Factors and Natural Factors 3. Identifying Opportunities 4. The Undercurrents in the Market Place. Demand and Supply of Trade: Factor # 1. Importance of the […]

Comparative Study of the Foreign Trading Policy

This article provides a comparative study of the foreign trading policy. Study of the Nation as One Unit: A nation is a collection of economic utilities in different forms like land, products & means of production, and the people that make use of these utilities. The laws of governance & control of the land tie […]