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Books > Business & Economics > Economics > International economics > International trade > General
Americans have contradictory beliefs about how international trade affects the country as whole and specific communities. Yet notwithstanding the heat of political rhetoric, these beliefs are rarely mobilized into political action. Alexandra Guisinger examines this apparent disconnect by examining the bases of Americans' trade preferences in today's post-industrial economy and why do so few politicians attempt to take advantage of these preferences. The changing American economy has made the direct effects of trade less obvious, making the benefits and costs more difficult to determine. In addition, information sources, including the media, have changed in content and influence over time, their influence varies across different groups of individuals, and partly as a result individuals hold countervailing beliefs about the effect of trade on their own and others' economic outcomes. American Opinion on Trade provides a multi-method examination of the sources of attitudes, drawing on survey data and experimental surveys; it also traces how trade issues become intertwined with attitudes toward redistribution as well as gender and race.
Introduction to International Trade Finance covers the complete cycle of international trade and explains the roles of the specialist operators. Introduction to International Trade Finance aims to:
Principles of International Economic Law provides a comprehensive overview of the central topics in international economic law, with an emphasis on the interplay between the different economic and political interests on both the international and domestic levels. Following recent tendencies, the book sets the classic topics of international economic law, like WTO law, investment protection, commercial law and monetary law in context with aspects of human rights, environmental protection and the legitimate claims of developing countries. The book draws a concise picture of the architecture of international economic law with all its complexities, without getting lost in fragmented details. Providing a perfect introductory text to the field of international economic law, the book thoroughly analyses legal developments within their wider political, economic, or social context. Topics covered range from codes of conduct for multinational enterprises, to the human rights implications of the exploitation of natural resources. The book demonstrates the economic foundations and economic implications of legal frameworks. It puts into profile the often complex relationship between, on the one hand, international standards on liberalization and economic rationality and, on the other, state sovereignty and national preferences. It describes the new forms of economic cooperation which have developed in recent decades, such as the growing number of transnational companies in the private sector, and forms of cooperation between states such as the G8 or G20. This fully updated second edition covers new aspects and developments including the growing importance of corporate social responsibility, mega-regional-agreements like CETA, TTIP, and TPP, trade and investment related aspects of human rights law.
Trading in oil futures and options is an introduction to price risk
management in the worldwide oil industry. With numerous practical
examples, it requires no prior knowledge and should be read by
everyone involved in the industry.
This book provides a basic guide to the iron and steel industry in a single convenient reference source. The origins of steel and its manufacture are explained first, with a basic outline of the principal steel grades. The author then goes on to look at production and consumption and its commercial significance. He also analyses the global trade in steel and shows its importance to the metals industry as alloying elements and coatings. The final section considers the future for steel, the changing trade patterns, environmental issues and the threat of substitutes to the industry.
In its first seven years, the North American Free Trade Agreement (NAFTA) tripled trade and quintupled foreign investment among the U.S., Mexico, and Canada, increasing its share of the world economy. In 2001, however, North America peaked. Trade slowed among the three, manufacturing jobs shrunk, and illegal migration and drug-related violence soared. Europe caught up, and China leaped ahead. In The North American Idea , eminent scholar and policy-maker Robert A. Pastor explains that NAFTA's mandate was too limited to address the new North American agenda. Instead of offering bold initiatives like a customs union to expand trade, the three leaders thought small. Interest groups stalemated the small ideas as they inhibited the bolder proposals, and the governments accomplished almost nothing. To overcome this resistance and re-invigorate the continent, the leaders need to start with an idea based on a principle of interdependence. If one country fails, all three are harmed, and if one grows, they all benefit. Drawing on first-hand experience as a policy-maker and analyst, Pastor shows how this idea-once woven into the national consciousness of the three countries-could mobilize public support for continental solutions to problems that have confounded each nation working on its own. To stimulate trade and reduce illegal migration, for example, the three countries could set up a fund to invest in the continent's infrastructure. Such a fund would be impossible without leadership and an idea of the continent's current importance and its future promise. Providing essential historical context and challenging readers to view the continent in a new way, Robert Pastor offers an expansive vision and a detailed blueprint for a more integrated, dynamic, and equitable North America.
This textbook offers a comprehensive analysis of traditional and newly emerging challenges affecting international logistics management from practical, theoretical and policy perspectives. Principles of International Logistics provides an in-depth exploration of the role of intermodal transportation, and the policy-oriented issues of market liberalization, regulatory policies, quality of institutions and supply chain orientation. Key Features: Detailed discussion of the role of the different modes of transport including air, land and maritime transportation Evaluation of international logistics and its economic significance, giving students a strong understanding of the basic principles of logistics Practically-oriented examples and cases drawn from developed and developing countries in Asia, Europe, South America and Africa to allow students to apply their knowledge in practice Coverage of new and emerging international issues such as new technologies and their application to logistics, placing traditional logistics concepts into modern context Principles of International Logistics will be an essential text for undergraduate students of international logistics, logistics management and global supply chains, and an excellent supplementary text for those studying operations and supply chain management more broadly.
This forward-looking book introduces the concept of Ethical Value Networks, building upon a theoretical exploration with primary evidence of their impacts in the Global South. It moves away from focusing on the consumption section of networks, with grounded impact studies that explore ethicality as a concept, how ethical value is created and how this is distributed through the socio-economy. Framed by theoretical exploration and reflection, the book offers a selection of case studies from Africa, Latin America, the Pacific, and Southeast Asia to highlight the implications of Ethical Value Networks for producers and localities in the Global South. Chapters further analyse and critique the rise of the ethical trade and certification schemes, as well as three ethical trade constellations: social justice through fair trade, sustainability through organic agriculture, and authenticity through geographic indications. The in-depth analysis of ethical trading in wine, coffee, fruit and other key sectors combined with theoretical study will make this an important read for ethical trade researchers as well as policy makers and those responsible for the governance and operation of ethical value networks. It will also be an invigorating read for economic geography, development studies, international development and management studies scholars.
This publication contains detailed tables showing international trade for 258 individual commodities (3-digit SITC groups) and eleven world trade tables covering trade values and indices up to the year 2013. The information contained is based on data provided by approximately 175 countries (areas), representing more than 90% of world trade of 2013. The publication is aimed at both specialist trade data users and common audience at large. The presented data, charts and analyses will benefit policy makers, government agencies, non-government organizations, civil society organizations, journalists, academics, researchers, students, businesses and anyone who is interested in trade issues. The information and analyses are presented in a way which can be comprehended by non-expert users of statistics.
In an era where services play an increasingly vital role in servicified global value chains, this insightful book provides a comprehensive study of legal aspects of rules of origin for services and their importance in international trade. The author identifies and examines the defects in the current approach to rules of origin for services through an astute analysis of these rules in the General Agreement on Trade in Services and in preferential trade agreements. In addition, by asserting that trade in goods and trade in services cannot be separated, the author provides a comparative analysis of rules of origin in these two fields, offering a better understanding of their boundaries and connections. Paving the way for further development, the author concludes that certain aspects of rules of origin for goods, such as the product-based approach, may be repurposed for services. Addressing an area of rule making insufficiently explored to date, this book will prove important reading for students and scholars of international trade, economics, and governance. The focus on new patterns of international trade will also benefit trade experts, policy makers and businesses.
The third edition of EU Customs Law provides a fully updated treatment of legislation, new treaties and cases in the two courts of the EU especially but also in Member States. This volume also includes commentary on the Union Customs Code and secondary legislation, and increased coverage of areas such as the wider role of customs authorities apart from the collection of customs duty, such as security of goods and post 9/11 developments generally, the history of customs unions and their implications for governments, non-EU customs unions to which EU law is relevant, and the inter-relation between customs duty and direct tax.
Exploring themes associated with corruption, sustainable development, and human rights and security, Robert J. Hanlon considers the political dynamics of corporate social responsibility (CSR) within the context of the 'Asian Century' and its place in an increasingly multipolar world. By assessing how social responsibility is changing the discourse around trade, development and diplomacy, Hanlon sheds light on how competing visions of social responsibility are influencing political narratives in China and the West, examining multipolarity, the construction of Global China, and the ascent of competitive pluralism. Chapters argue that the liberal economic order founded at Bretton Woods is wavering with Western governments and multinational corporations who are seeking new strategies to compete against China, especially in emerging economies known for weak governance structures and dysfunctional rule of law. As CSR emerges as a political tool for states and business actors, this timely book adopts a human security approach for assessing the weaponization of political values within an increasingly fragmented rule-based liberal order. Expanding on the themes of constructivism, competitive pluralism and progressive neoliberalism, while introducing the novel concept of developmental CSR, this forward-thinking book will prove a vital resource for students, scholars and policymakers interested in Asian politics, public policy, CSR and international relations.
Commodities are basic goods used in commerce and are most often used as inputs in the production of other semi-finished or finished materials. They are very important products in our lives today and constitute non-negligible sources of income for many countries. This book serves as a guide to the marketing of these goods and provides scholars and commodity market participants with useful concepts, tools and guidelines to better organize and operate commodities exchanges. Issouf Soumare explains in detail commodities exchanges, from conceptualization of the exchange to its operationalization. He describes the architecture of a typical commodities exchange, looking at its trading and clearing functions, the warehouse receipt system and the regulatory framework. The book also presents practices of commodities exchanges around the world and discusses commodity products and instruments traded on these exchanges, their pricing and usage. This book is very useful and timely, as many emerging countries are setting up commodities exchanges. Academics interested in commodities and their marketing as well as industry professionals such as commodity traders, commodity exporters, risk managers, clearing officers, market makers, commodity producers, agricultural cooperatives, commodity processors, bankers, warehouse operators, and regulators will find this a useful reference.
This timely Research Handbook investigates the radically transformative impact of the Belt and Road Initiative (BRI), addressing key questions regarding its economic, political and strategic consequences: What does the Chinese government hope to achieve with the BRI? How have recipient states responded? And what are its potential opportunities and risks? Bringing together prominent international scholars and analysts, this Research Handbook arrives at a critical time in the infrastructural development of the BRI, shedding light on its influence in the future of global politics and economics. Chapters unpack the role of the BRI in Chinese foreign policy, placing infrastructural development at the centre of regional affairs, great power dynamics and economic and investment trends. Employing geopolitical and diplomatic modes of investigation, it offers critical and holistic views of the progress and challenges of the BRI's implementation and its implications on the world stage. Providing an innovative global viewpoint on the BRI, this Research Handbook offers cutting-edge perspectives for scholars and students of political science, particularly those investigating the latest developments in Chinese domestic and foreign policy. Its practical insights and broad empirical analysis will also benefit policymakers and think tank analysts working in the field. Huiyao Wang, Center for China and Globalization (CCG)
Bill Pritchard provides an important update on how current trade methodologies are implemented as China becomes one of the world's largest fresh fruit importers from countries such as Laos, Myanmar, Thailand and Vietnam. The book also looks at their distinctive trade aspects and what can be learnt from alternative practices carried out in other countries through the use of global production networks. An in-depth analysis provides the reader with a welcome insight into existing processes from production through to export, often through informal routes, with a marketing structure providing more power to the distributors and brokers and mixed effects on the farmers. Using empirical evidence from four countries, this book explores what could, and should, be implemented in this under-researched topic to aid rural development. This will be an invaluable resource for researchers of human geography, international trade and Asian studies, particularly those with a focus on Southeast Asia and China.
This detailed and perceptive book examines the extent and scope of how rules for accession to the WTO may vary between countries, approaching the concerns that some countries enter with a better deal than others. Dylan Geraets critiques these additional ?rules? and aims to answer the question of whether new Members of the WTO are under stricter rules than the original Members, whilst analysing the accession process to the multilateral trading system. Taking an integrated approach, the author combines the results of a Mapping Exercise of all 36 Protocols of accession with a legal analysis of the decisions by the WTO Dispute Settlement Body involving Protocols of Accession. In doing so, this book provides the first comprehensive analysis of the issue of Member-specific ?WTO-Plus? commitments in Protocols of Accession. Whilst addressing the institutional and historical aspects of the WTO accession process, it provides a vital update to the existing scholarship on WTO accession, offering coverage of all accessions including those of Afghanistan, Kazakhstan and Liberia. Accession to the World Trade Organization will be invaluable reading for academics interested in WTO accession practice, as well as lawyers, practitioners and government officials in the field of WTO accession.
Antidumping trade protection is one of the most frequent and ubiquitous trade policies in the global economy. This review discusses the key reference pieces in the antidumping literature that have critically defined and shaped what we know about this important and unique form of trade protection. The review critically analyzes the literature and discusses its future directions - it is an important research tool not only for new and established scholars in international economics, but also policymakers and legal scholars.
This is an invaluable piece of work that, to my knowledge, is not replicated anywhere, even in piecemeal fashion. It should be read by everyone having a stake in the Transatlantic Trade and Investment Partnership (TTIP) negotiations. It fills an historical vacuum in US-EU agricultural trade relationships that has existed for decades. This book provides the context of the past half century, and it will be invaluable for another half century.' - Clayton Yeutter, Former US Trade Representative, Former US Secretary of Agriculture and Senior Advisor at Hogan Lovells, US Tim Josling and Stefan Tangermann's Transatlantic Food and Agricultural Trade Policy traces the past fifty years of transatlantic trade relations in the area of food and agricultural policy, from early skirmishes over farm policies to on-going conflicts over biotech foods and hormone use in animal rearing. The authors take an analytical approach to the causes of transatlantic conflict and the extent to which these trade tensions in agricultural markets have reflected wide differences in policy approaches and levels of support. They explore the role played by international rules, in the GATT, and subsequently the WTO, in disciplining farm price support policies to allow for more open markets. The book also points to possible ways to end five decades of transatlantic trade tensions in the area of food and farm products. Scholars, practitioners and policymakers will find this timely book an invaluable and comprehensive guide to the causes of, and solutions to, the persistent EU-US trade conflicts in agricultural and food policy.
Providing insights on the products of a unique period for academic research in international economics, this review is an important piece of literature for a vital area of study. Highlighting main issues such as welfare gains and losses, trade patterns and international transaction interventions, the author provides a timely and comprehensive research review on the heavily debated topic of international trade and investment.
The COVID-19 pandemic has adversely affected global trade. While factories have stopped production worldwide due to COVID-19, global trade has also been adversely affected by the pandemic. The international trade of the world's top exporting countries has begun to decline. Although it is too early to judge the impact of the pandemic on world trade, as the virus has not yet been eradicated, research into the cause-effect relationship between these two phenomena is necessary to understand the magnitude of its impact as well as possible solutions to the problem. The Transformation of Global Trade in a New World provides relevant theoretical frameworks and the latest findings in the field of international business and internationalization. It addresses the asymmetric impact of the COVID-19 pandemic on international trade and the methods of entry into foreign markets together with the future prospects of global trade in an era of globalization. Covering topics such as economic crisis, green finance, and labor force sustainability, this premier reference source is an excellent resource for business leaders and executives, economists, logistics professionals, sociologists, students and faculty of higher education, librarians, researchers, and academicians.
Due to the Covid-19 global pandemic, Australia and South Asian Countries have experienced significant disruption in international trade, investment, travel for business and higher education, tourism, and supply chains. It is important to reflect and address some of the key issues and challenges faced by Australia in this sector and analyze potential recovery strategies for the future. Inevitably, in the coming decade, Australia will need to pursue its interests in a more competitive and contested world. This pandemic has witnessed an intensified trade war of Australia with its strongest bilateral trade partner China, threatening an increasing number of industries in Australia such as agribusiness, forestry, and mining. A nearsighted solution to this problem does not seem feasible, given the recent diplomatic fallout between the two nations. Australia thereby needs an alternative strategic bilateral coalition to combat this situation and progress towards a sustainable economic goal. Based on the above scenario, the core objective of this book is to suggest and explore that South-Asian nations could be the prominent focal point for Australia to move forward, as it is a large market with population nearing two billion. This book will provide an overview of the Australian trade and investment relationship with South Asian Countries, identify trends and developments of the bilateral trade relationship of Australia with South Asian countries (in strategic areas of trade, travel, investment, and education), and will shed light on the future opportunities for development and partnerships for economic growth, trade in goods and services and tourism between Australia and South Asia. It will also display how Australia can play a leading role amongst the SAARC countries (Afghanistan, Bhutan, Bangladesh, India, Maldives, Nepal, Pakistan, and Sri Lanka) to cooperate for their individual national economic development and growth objectives and be best prepared to meet the United Nations Sustainable Development Goals (SDGs) for the future. |
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