12, Aug, 2022
Does International Trade Create Winners and Losers?

International

  Is trade good for Americans? People seem largely divided on the issue. A 2017 poll found that only 52 percent of Americans feel that trade agreements between the United States and other countries are good for the United States.1 However, unlike the general population, economists are overwhelmingly supportive of trade. […]

International merchandise trade is booming. Exports of many countries are growing at double digit rates and global trade has already surpassed the pre-pandemic levels of 2019. However, the global trade recovery hides an important asymmetry: small economies and the poorest countries are falling behind. Their recovery is not yet in […]

The COVID-19 pandemic and associated global recession have had a devastating effect on international trade. In the second quarter of 2020, global trade was down 18.5 percent, a far sharper drop than was seen for GDP.[1] Much of the economic activity that continues in a pandemic—health services, housing services, utilities—is […]

International trade is the lifeblood of the world economy, but is subject to constant change from economic, political and environmental forces. Emerging economies have seen their share of total global trade rocket in recent years. China, for instance, is now responsible for 15% of all world exports. Unfinished goods, components […]

On the topic of international trade, the views of economists tend to differ from those of the general public. There are three principal differences. First, many noneconomists believe that it is more advantageous to trade with other members of one’s nation or ethnic group than with outsiders. Economists see all […]

Shipping containers stacked at Kwai Tsing Container Terminal, operated by Hong Kong International Terminals Ltd. Paul Yeung/Bloomberg © 2017 BLOOMBERG FINANCE LP If you have not noticed by now, President Trump has a fetish with international commerce in merchandise.  That might be understandable a century ago, when trade among countries […]

The European Commission has released its latest Trade and Investment Barriers Report (TIBR), laying out barriers to international trade across the EU. The report identifies a total of 425 measures restricting international trade in countries outside the EU – a record high – with 45 new trade barriers established in […]

Though blockchain has had its fair share of advocates and detractors in the transportation and supply chain sectors since its advent, its relevance within the market cannot be questioned. For instance, earlier this week, global container lines CMA CGM and the Mediterranean Shipping Company (MSC) joined TradeLens, the blockchain-based digital shipping […]

The geographic diversification of international trade and investment has become a public policy goal of many countries, including Canada. Increasingly, policy-makers are raising concerns regarding the risks, largely political, that arise when there’s too much concentration of trade and investment on a small number of trading partners. Trade in services, however, […]

The International Trade Centre (ITC) and UPS have partnered to deliver a series of training seminars and workshops for women business owners in Mexico, Nigeria, Vietnam and the United Arab Emirates. The workshops contribute to ITC SheTrades’ commitment, in collaboration with UPS, to connect 3-million women to the global marketplace […]

Track to launch in the 2019-2020 academic year Indiana University’s McKinney School of Law has announced the launch of a new LL.M. track in International Trade Law. The track has grown out of a partnership with  World Trade Center (WTC) Indianapolis, which connects local businesses to the global marketplace. No immediate information […]

Right now, Congress has a big opportunity to help small business. And while the nature of the opportunity is tremendous, and historic, it may not fit with common perceptions about what type of policies really help local or family-owned companies. The issue before Congress? Approval of a major international trade agreement. […]

Kolkata, Mar 1 (IBNS): To focus on powering the Indian growth story and the role of financial institutes, technology and infrastructure, the Bengal Chamber organised an International Trade Conclave on India’s International Trade Growth within the emerging markets here on Friday. Deb A Mukherjee, Senior Vice President, The Bengal Chamber […]