International Trade Issues
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Rescooped by Alec Daniel from International Trade and Multinationals
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US files WTO complaint against Chinese auto subsidies

US files WTO complaint against Chinese auto subsidies | International Trade Issues | Scoop.it
WTO - The US filed a complaint at the World Trade Organisation Monday against China's subsidies to its auto sector, which President Barack Obama said "directly harm" American workers...

Via Antonis Antoniou
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Rescooped by Alec Daniel from Inclusive and Sustainable Business
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international trade of organic food products | sustainable food economics

international trade of organic food products | sustainable food economics | International Trade Issues | Scoop.it
international trade of organic food products | sustainable food ...: International trade of organic food is a th...

Via Javier Ayala
Alec Daniel's insight:

This article talks about putting limits on certain goods. It mainly targets organic goods because most consumers will say that such good should not be traveling long distance for long periods of time. Instead they should be developed in closer areas.The European Union as well as the United States signed an agreement after discussing it on and off for about 10 years. They finally concluded that between the US and EU trade can go on (with organic goods) with a USDA certification and can be sold in the EU without needing to receive a second certification and vice versa. This agreement makes for a fair trade between both the US and the EU.

 

-Becca Roberts

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Study Reveals Impact Of Time Differences On International Trade - RedOrbit

Study Reveals Impact Of Time Differences On International Trade - RedOrbit | International Trade Issues | Scoop.it
Study Reveals Impact Of Time Differences On International Trade RedOrbit While research has been conducted into the effects of geographical distance, it is only recently that economists have begun to investigate the impact of time differences on...
Alec Daniel's insight:

In a study done by Dr. Edward Anderson he discovered that in cases where international trade is done face to face, the parties involved actually lose profit. Dr. Anderson revealed that for every hour of time difference companies have between each other they reduce the trade of their goods by 2%-7%. When companies establish deals in person it reduces the work day that their employees have because the travel time it takes to get to the different country as well as the jet lag their employees have to  deal with. Anderson mentioned that by using communication that is constantly used today like telephones and video conferences, would be more efficient and keep trade from falling.

 

- Alec Daniel

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Rescooped by Alec Daniel from International trade and social justice
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Bangladesh textile factory fire leaves more than 100 dead

Bangladesh textile factory fire leaves more than 100 dead | International Trade Issues | Scoop.it
Blaze occured at Tazreen Fashions in Dhaka, which makes clothes for foreign clients including C&A

Via Owen Dowsett
Alec Daniel's insight:

This article is an example of how international trade effects small countries. With international trade becoming more and more popular smaller countries look to form partnerships with other countries to expand their resources. To do this, the countries began to overwork their workers and over produce their resources, which causes budget deficits, sometimes a surplus or natural disasters happen which kill the workers. Small countries tend to neglect their workers rights by making them work unjust hours and make them work in terrible conditions .

 

- Eric Lynch

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U.S. trade deficit climbs to $42.3 billion in February

U.S. trade deficit climbs to $42.3 billion in February (#News #BusinessNews U.S.
Alec Daniel's insight:

This article explained how deficits can effect a country's economy while also giving valuable information about how the United States related to other countries like China. China has one of the lowest deficits mainly due to the fact that they can build things for a low price while selling them for a very high price in the United States. In the United States though, the cost for us to build a product and then sell it in another country could ultimately result in a loss, which is mostly due to other countries being able to built the same products for less.

 

- Faries Gray

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