Business… Globalisation 29 Jun 202019 Jul 2020 * Globalisation - Introduction Globalisation means different things to different people. In economics, globalisation refers to the increased openness of an economy to the international trade, capital flow, transfer of…
Economics… Trade Barriers 27 Jun 2020 Trade Barriers - Despite having many benefits of free trade, various countries have put up barriers to trade. Many instruments are used as barriers to trade but most important are…
Economics… Economics Terms Series Part 5 – Trade, Trade Barriers, Balance of Payments, Stock Market, Stock Exchange, Shares 2 May 20203 May 2020 TRADE The exchange of goods and services, usually for money. INTERNATIONAL TRADE The movement and exchange of physical goods such as materials, component parts, equipment and finished products as well as…