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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:
*Guide the reader through every phase of typical trade
transactions, examining in detail the relationships between the
various parties involved and explaining the facilities
employed.
*Demonstrate the range of banking instruments and techniques
available to exporters and importers which enable them to enter
into contracts, confident that whichever method of settlement they
agree upon can be provided with the minimum of risk.
*Provide a firm understanding of when to apply a particular form of
finance, what risks are involved and how they can be
counteracted
Now updated to include the UCP600.
*Inspired from the basic entry level training courses that have
been developed by major international banks worldwide.
*Will enable MSc Finance students, MBA students and those already
in the finance profession to gain an understanding of the basic
information and principles underlying the topic under
discussion
*Questions with answers, study topics, practical "real world"
examples and text with an extensive bibliography and references
ensure learning outcomes can be immediately applied
Now updated to include the UCP600.
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.
Although aimed primarily at those new to risk management it will
also provide a useful theoretical background to more experienced
managers and it will show those in other markets how the oil
industry uses futures and other derivatives.
This book concentrates on all the risk management tools available
to everyone from crude oil producer to refined product consumer and
explains the theory of futures, exchange options and over the
counter trading.
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.
This two-volume collection, supported by an in-depth introduction
that addresses origins, actuality, endgame and afterlife, brings
together for the first time contemporary documentation and more
recent scholarship to give a broad picture of Japan's Treaty Ports
and their inhabitants at work and play in the second half of the
nineteenth century. The material selected, shows how the ports'
existence and the Japanese struggle to end their special status,
impacted on many aspects of modern Japan beyond their primary role
as trading stations. Compared with their counterparts in China, the
Japanese treaty ports cast a small shadow. They were far fewer -
only four really mattered - and lasted for just under fifty years,
while the Chinese ports made their centenary. Yet the Japanese
ports were important. The thriving modern cities of Yokohama and
Kobe had their origins as treaty ports. Nagasaki, a major centre of
foreign trade since at least the sixteenth century, may not have
owed so much to its treaty-port status, but it was a factor in its
modern development.
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.
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.
This report provides new data on trade in medical goods and
services and medical value chains; surveys the evolving policy
landscape before and during the pandemic; and proposes an action
plan to improve trade policies and deepen international cooperation
to deal with future pandemics.
The main objective of this book is to offer an overview and a
critical assessment of current connectivity issues in Asia and
Europe, seen from an industrial perspective. Critical insights into
the contemporary debate on connectivity during times of crisis,
which has led to significant economic and social disruptions, are
offered throughout the book. European and Asian countries seek to
"bounce forward" and not "bounce back" as they navigate the complex
economic recovery process. Innovation and investment emerge as
critical players to help an economic recovery that shifts towards a
more resilient and environmentally friendly approach, to ensure
that the world economies stay connected. The global health crisis
has revealed that, more than ever before, ubiquitous connectivity,
underpinned by pioneering innovation, is a must. As such,
governments worldwide need to ensure that businesses and societies
emerge stronger and more resilient from existing and emerging
crises by laying solid foundations that help to circumnavigate
future disruptions of a global magnitude.
Worldwide supplies of sugar and cotton were impacted dramatically
as the U.S. Civil War dragged on. New areas of production entered
these lucrative markets, particularly in the South Pacific, and
plantation agriculture grew substantially in disparate areas such
as Australia, Fiji, and Hawaii. The increase in production required
an increase in labor; in the rush to fill the vacuum, freebooters
and other unsavory characters began a slave trade in Melanesians
and Polynesians that continued into the twentieth century. ""The
White Pacific"" ranges over the broad expanse of Oceania to
reconstruct the history of ""blackbirding"" (slave trading) in the
region. It examines the role of U.S. citizens (many of them
ex-slaveholders and ex-confederates) in the trade and its roots in
Civil War dislocations. What unfolds is a dramatic tale of unfree
labor, conflicts between formal and informal empire, white
supremacy, threats to sovereignty in Hawaii, the origins of a White
Australian policy, and the rise of Japan as a Pacific power and
putative protector. It also pieces together a wonderfully
suggestive history of the African American presence in the Pacific.
Based on deft archival research in Australia, New Zealand, Fiji,
Hawaii, the United States, and Great Britain, ""The White Pacific""
uncovers a heretofore hidden story of race, labor, war, and
intrigue that contributes significantly to the emerging
intersectional histories of race and ethnicity.
Most policy makers readily acknowledge the economic, environmental,
and social benefits of moving freight and passengers by waterways.
However, why do many countries struggle to develop and revive their
inland waterways transportation (IWT)? One reason is because of the
dearth of successful examples of IWT revival. Aside from the United
States and Europe, which have been relatively successful, the
experience of many emerging countries has been a tale of intensive
use followed by total collapse of the IWT sector. However, the
combination of societal, economic, and environmental imperatives is
motivating reassessment, as countries look to develop sustainable
transport systems and to curb greenhouse gas emissions from the
transport sector. China's experience has similarities to the
experience of many countries and offers valuable lessons. This
report is the result of an in-depth retrospective study of IWT in
China and fills a gap in global knowledge. From an IWT system that
carried less than 150 million tons in 1978, IWT in China carried
3.74 billion tons of cargo in 2018—six times more than either the
European Union or the United States. China now has the busiest IWT
system in the world. China's leadership in IWT development started
with years of investment in infrastructure that transformed
lowgrade waterways, allowing larger vessels to use the waterways,
which resulted in higher transport efficiency and lower cost. China
also invested in development of skills and technical know-how. To
date there are 127,000 km of inland waterways in China that have
high-quality navigability and a good safety record. During the
period of rapid economic development, China also adopted or
developed internationally recognized technical innovations for
river classification, vessel replacement, navigation technology,
and environmental protection. What China achieved is informative.
In particular, how and why China improved IWT provides valuable
lessons for other countries
The 1970s are of particular relevance for understanding the
socio-economic changes still shaping Western societies today. The
collapse of traditional manufacturing industries like coal and
steel, shipbuilding, and printing, as well as the rise of the
service sector, contributed to a notable sense of decline and
radical transformation. Building on the seminal work of Lutz
Raphael and Anselm Doering-Manteuffel, Nach dem Boom, which
identified a "social transformation of revolutionary quality" that
ushered in "digital financial capitalism," this volume features a
series of essays that reconsider the idea of a structural break in
the 1970s. Contributors draw on case studies from France, the
Netherlands, the UK, the US, and Germany to examine the validity of
the "after the boom" hypothesis. Since the Boom attempts to bridge
the gap between the English and highly productive German debates on
the 1970s.
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.
Trade has played a critical role in global poverty reduction. In
harnessing the potential of trade, some of the most successful
countries have developed strong trade relationships with their
neighbors. However, many South Asian countries have trade regimes
that often offset the positive impact of geography and proximity.
This report documents systematically the gaps between current and
potential trade in South Asia and addresses important specific
barriers that have held trade back. These barriers include tariffs
and paratariffs, real and perceived nontariff barriers,
connectivity costs, and the broader trust deficit. This
policy-focused report unpacks these critical barriers to effective
trade integration in South Asia through four in-depth studies that
produce new, detailed, on-the-ground knowledge. Three of the
studies are based on extensive stakeholder consultations. Two also
rely on tailored surveys. The fourth study, on tariffs, benefits
from new data on paratariffs. The report also marshals new evidence
showing how trading regimes in South Asia discriminate against each
other. Given the South Asian context, incremental, yet concrete
steps aimed at tapping the potential of deeper integration are
appropriate. The report has been drafted in this spirit. It offers
precise, actionable policy recommendations that could help achieve
measurable progress in key areas of trade and integration that
would be to the advantage of all countries in the region.
The book presents a strategy to bolster Africa?s market access in
the current global environment.
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