Export

world currency will make China’s exports less competitive. As overseas central banks make large purchases of the renminbi, it will make the renminbi appreciate (Bradsher). Therefore, China will have a difficult time preventing the currency from appreciating, which in turn will make exports from China less beneficial (Bradsher). Due to the ironclad law, China’s goods will not be as desirable (Trefler 42). Even though the U.S. owes China a large sum of money for the exports brought into the…

in the context of very high unemployment rate in South Africa as well as the high inequality within the country, garment industry remains as one of the important sectors because of its capacity to absorb labour. Besides supplying both domestic and export activities, the local producers are creating more jobs, especially in rural areas. Those manufacturers are dealing with the control by ‘lead firms’ which referred to the global and local retailers’ domination in the industry, and have become…

“Real change is never easy, but it is always possible and it usually starts from the bottom up. If we each do our part we can accomplish anything. Nowhere is that reminder more relevant- or urgent- than with energy” – Barack Obama. (Seattle Times, Van Jones). A new market is beginning to emerge from a strong drive for cleaner and greener technology, especially in dealing with energy production. Green technology is currently in the infant stages with several countries competing to create new…

Many countries started with their country from early as the 1830s, many things were already being present however it wasn’t fully modernized. For example, the export per capita increased tremendously from 1827 to after the 1880s. One of the main reasons why production was being exported to different parts of the world was because of their types of transportation. “The railroad was an apt symbol of this commitment…

The Flaws of Free Trades What is Free Trade? According to the Merriam Webster dictionary, Free Trade means “a system of trade between nations in which there are no special taxes placed on imports”. This enables countries to trade on their exports and imports without government intervention. Free trade also means that there will be no form of authority or control to balance out the traders. Economists advocate for free trade because it predominantly benefits both countries. This allows most of…

How did the Nile shape ancient Egypt? Egypt lasted for about 2,000 years. The first pharaoh to ever rule over Egypt began his rule in 2920 BCE. The people of Egypt paid their taxes in wheat, and wheat was their main export. So wheat was like their money. Irrigation was the way they got water to their crops it was the only way for farms that weren't on the shore of the Nile to get water to their otherwise dry land. The Nile shaped ancient Egypt in the forms of settlement distribution, economics,…

According to the Uppsala Internationalization Model, there are four different modes of entering the international market: (i) No regular export activities (ii) Export via independent representatives (agents) (iii) Establishment of overseas sales subsidiary and (iv) Overseas production/manufacturing unites. These four modes follow a sequence from low to higher degree of internationalization (Andersen…

Natural Gas Pricing Outlook Supply and demand, technological breakthroughs, severe weather, prices, law & regulation, demographic changes, geopolitical conflicts and disputes are some of the multitude of variables that changes year on year affecting the economy of natural gas sector. Natural gas is more of a volatile economy, even more volatile than crude oil mainly affected by the seasonality and natural gas inventories. Weather conditions as storms and hurricanes can force the supply side…

stability issue for Australia and factors that contribute to high CAD include narrow export base, manufacturing competitiveness, and accumulated foreign debt. Australia has a narrow export base which means that Australia’s exports are heavily titled towards primary commodities. For example, Australia’s abundance of coal and minerals. This means that Australia has a limited range of products available for export. A depreciation of the Australian dollar Traditionally, Australia has been a low…

adding value to Cement industry CEMEX operates in the ‘not so export friendly’ globally concentrated cement industry, so, global expansion was an obvious choice for cement industry seeking geographic diversification. Globalization offered CEMEX and other Cement manufactures to enjoy various benefits such as i) empire building and growth via stabilized revenues, also benefiting from the arbitrage prices and economies of scale ii) export tariffs reduction and complete reduction in import tariffs…