The‘fair trade’or‘trade justice’movement promotes the use of reasonable labor, environmental and social standards for the production of goods and commodities. The movement focuses on goods that originate from poorer markets and end up in the advanced economies. The aim is to eradicate the expl...
A trade discount is a situation in which a price reduction is extended by a seller to a buyer in exchange for the buyer agreeing...
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FOB (Free on Board) price is a term commonly used in international trade to denote the cost of goods at the point of shipment, including the cost of the goods, transportation to the port of departure, loading charges, and export documentation.
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Analyzing price action If you plan to analyze or trade markets based solely on current and historical prices, you’re likely to focus on three things: trends, chart patterns, and significant technical events. Trends.In general, an uptrend is defined by higher highs and higher lows (see figure...
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When focusing solely on trade effects, a trade surplus means there is high demand for a country’s goods in the global market, which pushes the price of those goods higher and leads to a direct strengthening of the domestic currency.
Fair trade is a movement that believes it is unethical to pay producers in developing countries the market price if that price is too low to provide a sufficient quality of living. Instead, certain importers agree to pay producers in the developing world at least a minimum price for their goo...