Search results for keyword: globalized
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......
19/07/2023 
1113 
Lily
agency problem
The Effect of Proxy on Business
As the world continues to become more globalized, business opportunities continue to expand. Businesses can now access new markets and find customers who may not have been accessible otherwise. However, to do this, they may need to enlist the aid of a proxy. A prox......
Regional price difference
Regional Price Differentials
The concept of regional price differentials (RPDs) is an essential component of economics, and it has become increasingly important in an ever-globalizing economy. RPDs are used to measure the difference between the prices of goods and services in one geographic locat......
Prebisch's New Theory of Protection Trade
Introduction:
Free trade has been a contentious issue since the eighteenth century, when Adam Smith famously proposed it as a source of economic growth and transformation. However, the debate has shifted since then and the concept of protectionism has gained more acceptance. This essay will exami......
trade intelligence
New trade information
The current state of world trade is more complex and rapidly changing than ever before. In an effort to stay ahead of the competition, governments, companies, and individuals are continuously seeking information that can help them gain the advantage when conducting internat......
foreign trade
International Trade – Advantages, Challenges and Opportunities
International trade is an essential part of our everyday lives. By enabling goods to cross country borders, international trade brings great benefits, especially in terms of being able to access a wide variety of products from differ......
absolute advantage trade model
Absolute Advantage Trade Model
The concept of absolute advantage is one of the key ideas of international trade theory. It was first developed by Adam Smith in his 1776 work An Inquiry into the Nature and Causes of the Wealth of Nations. In this work, Smith argues that countries can gain from tra......
conversion risk
，有关于心理转换风险。
Psychological Conversion Risk
Psychological conversion risk is a term used to describe how the psychological processes of people can affect the risks they take with their investments. It is a concept that has gained traction in recent years with the emergence of a variety of......
international advertising
Business is the largest part of any national economy and in the most recent decades, the Internet revolution has changed the way business is done and created new opportunities for entrepreneurs to establish, finance, and run global businesses. In this article, we will explore how international adv......
predatory pricing
Piracy pricing
Piracy pricing refers to the unethical practice of charging exorbitant prices for products, services or resources. It takes advantage of scarcity or an insufficient supply or transport capacity in order to increase profits, often to the point of gouging. This type of price setting ......
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