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shipping
Maritime transport is the shipping of goods under contract between import and export destinations. It is also referred to as marine shipping and consists of both coastal and international trade of these goods. Maersk Line is the worlds largest shipping company and is one of the biggest operating o......
19/07/2023 
2853 
Sophia
sliding tariff
Sliding Tariffs
Sliding tariffs are a type of taxation whereby the rate of duty applied to goods imports (or exports) changes as the value of the good changes. Initially proposed as a policy response to the high cost of international trade, sliding tariffs were designed to reduce the economic fri......
Specific Duty Reduction and Exemption Goods
Tax Relief Goods
The government has established regulations to provide tax relief for certain goods and services. This includes items such as food, clothing, housing, and medical care, which are tax exempt or eligible for reduced taxation. In addition, certain residual public revenues, such as re......
speculative bubble
Speculation Bubbles
A speculation bubble is an economic abnormality that occurs during periods of rapid asset price appreciation. Speculative bubbles occur when a rapid increase in asset prices that is not supported by underlying value suddenly erupts, followed by a dramatic decline. It has been ......
Spot Forex Trading
Spot Foreign Exchange Trading
Spot foreign exchange (FOREX) trading involves the simultaneous purchase of one currency and sale of another currency at an agreed exchange rate in the interbank market. It is the most liquid financial market, with an estimated daily turnover of over 5 trillion US do......
Spot trade
Introduction
Foreign exchange (also known as forex or FX) is a global market for exchanging currency between all major nations and can be seen as one of the most important markets in the world. According to the Bank for International Settlements, average daily turnover in foreign exchange markets......
Spot Trading
Spot trading
Spot trading is the buying and selling of foreign currency exchange in the market of foreign exchange. The trading acquisition of various currencies is handled by intermediaries, such as banks and brokers, and is referred to as spot trading. Spot trading is completed through either b......
spice trade
China’s Spice Trade
China has a long and rich history of involvement in the spice trade. Spices have been traded in China since at least the Han Dynasty (206 BCE–220 CE) and are still highly valued in Chinese cooking today. The Chinese spice trade has evolved over the centuries, and although it......
small trade
Small-scale Trade
Small-scale trade is the process of buying and selling products and services between individuals and businesses. The transactions usually take place within the local area, but can also be international in scope. Typically, this type of trade includes services such as retailing, ......
security interest
What is a Pledgors Rights?
A pledgors rights is an agreement between a lender and a borrower in which the borrower puts up property as collateral for a loan from the lender. The property, known as the collateral, is pledged to the lender, who is called a pledgee.
The purpose of a pledgor’s rig......
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