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Why Is Fair Trade Important? While free market capitalism has delivered the greatest quality of life improvements in the history of civilization for the most people around the world, this incredible engine of innovation can be harmful if it isn't properly regulated. While it's great for people...
China is a key trading partner for over 140 countries and regions. Its overall tariff level has been reduced to 7.3 percent, aligning closely with the developed members of the World Trade Organization. Multinational corporations have long leveraged the Chinese market and have expanded their global p...
This is what makes Bush's decision to increase farm subsidies last month all the more depressing. Poor countries have long suspected that the rich world urges rade liberalization only so it can wangle its way into new markets. Such suspicions caused the Seattle trade talks to break down three ...
South Africa has long been known as one of the strongest economies in Africa. Today, it has the third-largest economy behind Nigeria and Egypt.1 South Africa is one of the richest countries in Africa, with the 6th highest GDP per capita of any nation on the continent. 2 This suggests...
The people of the Chaco Culture built immense structures that at times encompassed more than 500 rooms. They also participated in long-distance trade that brought cacao, macaws (a type of parrot), turquoise and copper to Chaco Canyon.
While the concept of investing has been around for millennia, investing in its present form can find its roots in the period between the 17th and 18th centuries when the development of the first public markets connected investors with investment opportunities. The Amsterdam Stock Exchange was establi...
One factor not shown in an analysis of ratios and numbers is how long a company has been around and the conditions they have weathered. Coca-Cola was founded in 1892 in Atlanta, Georgia.3It has stayed in business through several wars, depressions, recessions, epidemics, pandemics, stock marke...
Although China has also made many efforts to address environmental and sustainability issues, such as public interest campaigns and policy formulation, the effects have been greatly reduced, implying that China has a long way to go to achieve sustainable cities. To solve this realistic governance ...
if γ > α 1 2 / 1 − α 1 2 𝛾>𝛼21/(1−𝛼1)2, manufacturers will also increase the wholesale price of green products, which indicates that although green consumers’ preference for brown products increases, as long as the green market is large enough, the manufacturer can ob...