Rupee appreciation makes imports cheaper and exports more expensive. According to intelligence reports by the Associated Chambers of Commerce and Industry of India, sectors like petroleum and petroleum products, drugs and pharmaceuticals and engineering goods – which have import inputs of as much as 77...
Introduction Foreign direct investment (FDI) is considered to be the lifeblood of economic development, especially for a developing country like India. It plays an important role in the long-run development of a country not only as a source of capital but also for enhancing the...
Remittances – The principal focus with respect to the economic effects of Diaspora on the country of origin has been on their substantial financial contributions through remittances – private transfers from migrants to their families. According to the World Bank remittances can (i) reduce recipient...
Introduction The purpose of trade protection is to protect the domestic firms from foreign competition thereby enabling these firms to gain efficiency and effectiveness in their production processes. The protection is more vital in developing nations in which the infant/new firms are allowed to grow...
Tariffs are the most common kind of barrier to trade; indeed, one of the purposes of the WTO is to enable Member countries to negotiate mutual tariff reductions. A tariff is a tax imposed on the import or export of goods.In general parlance, however, a...
At last, Labour steps up. Brexit is the great national crisis of our times and yet the leaders of the opposition have sometimes seemed so muted it has driven remainers to tear their hair out in frustration. Made-to-order essay as fast as you need it...
With the continuing globalisation of markets and internationalisation of Trade, professionals from wide range of organisations from large multinational corporations to small to medium sized enterprises are increasingly coming together to do business in the international workplace particularly in meetings. Such international events usually bring...
Trade has always been a vital aspect of any civilization. The Ancient Egyptians were wonderful traders. Ancient Egypt was a country rich in many natural resources but still was not self – sufficient and so they had to rely on trade for necessary goods and...
The Indian Textile Industry is a major contributor to the economy as it contributes roughly around 12 percent of the GDP of the country. It is one of the oldest contributors to the economy and is the second largest contributor, right after agriculture. The Indian...
North Bihar Report As one of the poorest regions in India according to the GDP of the other states, Bihar is not in a very good state economically. An economy primarily focusing on agriculture as well as service, there is also the troubles of slavery...
When traveling to another country, it is crucial to take notice on legal, political, cultural, and moral differences. Marketers must also take notice in these differences. Before launching a campaign or launching a new product, it is crucial to understand the culture’s consumer behavior. For...
While studying Argentina, one can see that the country’s economy boomed between 1880 and 1920 through its major exports, agriculture and livestock. The first major drop in revenue occurred immediately after this period of history; this drop was a whopping 50 percent.1 There must be...
Following the financial crisis in 2008, there is much more enthusiasm in the policy-making classes for supra-national regulation, or , at least, coordination of regulatory rules. A good example of rules being set on a global scale is the Basel Committee’s rules on bank capital...
The definition of a nation-state is a more unified country, which means the people share a common culture and language that means that they are loyal to their sovereign. An absolute monarchy was starting to develop more power over their subjects now that the church...
Introduction Several aspects define globalization, and it has a broad meaning that mainly dwells on the changes occurring on the social, economic, and political lines in the world today. According to Sassen (2015), globalization has made the world presume a single nation. In business, globalization...
Introduction Made-to-order essay as fast as you need it Each essay is customized to cater to your unique preferences + experts online Get my essay Of the countries under consideration, the five that would be most suitable for immediate establishment of a BFSI subsidiary are...
Comparative advantage Beside absolute advantage, comparative advantage is another concept that everyone should know well since it plays an important role in trade. Comparative advantage is the ability of an individual, a firm or a country to produce a good or service at a lower...
Globalization is a process fueled by, and resulting in, increasing cross-border flows of goods, services, money, people, information, and culture (Held et al. 1999:16). Stephen Kobrin (1997:147-148) describes globalization as driven not by foreign trade and investment but by increasing technological scale and information flows....
For many British citizens was morning 24 June 2016 a huge shock to discover that UK had voted to leave EU. Prime minister (David Cameron) had resigned, Scotland was contemplating a referendum that could bring an end the existence of the UK. British inhabitants claimed...