The growth of international trade has led to a reduction in poverty rates and has fueled technological progress. Small and large businesses alike can now sell their products across borders and reach a global audience. The removal of barriers among nations encourages the flow of goods, labor and ...
The growing integration of many countries in a world-wide division of labour, the decline of trade barriers and national regulations, as well as an increasing mobility of production factors are descriA. JungmittagF. MeyerKrahmerG. Reger
Seniors will account for one-quarter of global consumption by 2050, double their share in 1997. Developing countries will provide a growing share of global labor supply and of consumption, making their productivity and prosperity vital for global growth. The current calculus of e...
While traditional estimates of the gravity equation rely on gross trade data, a growing literature has emphasized the importance of using novel measures of value‐added exports (VAX) data to account for the international fragmentation of production (see, e.g., Johnson & Noguera, 2012; Kaplan, ...
“California’s farmers and ranchers are at significant risk of bearing the brunt of any potential retaliatory actions resulting from the broad imposition of global tariffs,” said Shannon Douglass, president of the California Farm Bureau Federation. ...
However, as of 2025, reunification doesn't seem likely due to the aggressive and disruptive tactics of North Korea, its ongoing effort to develop nuclear weapons, and its growing relationship with Russia. Sponsored Trade around the clock
Trade refers to the exchange of services and commodities in the country, and compensation is provided to the seller by the buyer. Trade is categorized as external and internal trade. Money is used as the medium of exchange during the trade. Trade increases competition in the market; thu...
According to research estimates, higher tariffs would boost government revenues in the short-term, albeit at the expense of slower long-term growth. While the knock-on effects to inflation, global currencies and trade-dependent sectors are complex, history shows that corporate bond spreads have wide...
Combining PBF with equity measures Innovation clusters, such as combining PBF with user fee exemption measures for indigents, may be useful to respond to the growing concern that PBF inadequately addresses inequity in access to care [7]. We found, however, that packaging PBF with user fee ...
The U.S. has no South China Sea claims itself, but has deployed Naval and Air Force assets for decades to patrol the strategic waterway, through which around $5 trillion in global trade transits each year and which holds highly valuable fish stocks and undersea mineral resources. A United ...