International trade

Write about International trade

@smojojwang · 2 years ago

Take 3 on Package 2

The Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill was signed into law recently on the 26th of March 2021 which is now Republic Act No. 11534. Finance Secretary Carlos Dominguez I...

2 likes · 0 comments

@smojojwang · 2 years ago

Reflection: Philippines Relationship with ASEAN and the benefits of ASEAN integration

Globalization took a huge part in the economic success of countries all around the world and this includes the establishment of the Association of Southeast Asian Nations which is an organization that...

5 likes · 0 comments

@smojojwang · 2 years ago

Does protectionism breed corruption?

Thank you to my first ever sponsor here in Read.cash @AnonSunamun it means a lot to me. With the concept of protectionism, countries place restrictions on imports into the economy. This seems li...

3 likes · 0 comments

@smojojwang · 2 years ago

Why does the government create trade barriers?

If trade barriers hurt the average worker in an economy (due to lower wages), why does the government create trade barriers? When a country imposes trade barriers, it’s either for the betterment or l...

7 likes · 4 comments

@smojojwang · 2 years ago

How a business may use the trade theories to develop its business strategies

In order for the countries and firms/businesses to have a sustainable competitive advantage, the first thing to consider is the importance of knowing the factor conditions or the local market resource...

1 likes · 0 comments

@smojojwang · 2 years ago

Classical, country-based international trade theories: Differences and how it evolve?

International trade brings to light the exchanging of goods and services between countries. With that being the case, economists, researchers, and analysts study and debate the possibilities as well a...

1 likes · 0 comments

@smojojwang · 2 years ago

Protectionism: Is it morally right or wrong?

Is protectionism is morally right or wrong. Will political intervention in economic processes such as trade be more beneficial to a country? In my own standpoint, protectionism is morally wrong in a...

2 likes · 0 comments

@smojojwang · 2 years ago

Tariff and Trade Barriers

What are the effects of tariff in the Philippine economy? The tax imposed on the imported goods that enter the country makes the foreign goods less attractive to the consumers and prevents them to c...

2 likes · 0 comments

@smojojwang · 2 years ago

Mercantilism: a bankrupt theory?

Mercantilism is a bankrupt theory that has no place in the modern world. Is this an accurate statement? In my opinion, mercantilism results in the isolation of one country and restricting interacti...

2 likes · 0 comments

@smojojwang · 2 years ago

International Trade, Comparative Advantage & Opportunity Cost

Reasons why countries may engage in international trade With the emergence of the concept of trade, countries are able to exchange goods and services across borders, and these relations between count...

1 likes · 0 comments

@smojojwang · 2 years ago

Multilateral, bilateral, or unilateral liberalization: Which way for Asia and the Philippines?

Trade liberalization brings prosperity to the participating nations by allowing consumers to have access to higher-quality and lower-priced goods. Also, it drives economic growth, enhanced efficiency,...

2 likes · 0 comments

@smojojwang · 2 years ago

International Trade and Philippine Economic Growth

With the emergence of the concept of international trade, countries all over the world can exchange goods and services across their borders and this contributes to the greater economic wealth as well...

2 likes · 0 comments

@smojojwang · 2 years ago

Modern, Firm-based International Trade Theories

As the economy progressed, the emergence of the modern economy is keeping up its pace and thus brought changes into international trading. In comparison to the classical theory, this addresses the exp...

1 likes · 0 comments

@smojojwang · 2 years ago

Benefits of International Trade

In principle, the benefits of international trade to a country exceed the costs, no matter whether the country is importing or exporting. In practice, it is not always possible to compensate the loser...

2 likes · 0 comments

@smojojwang · 2 years ago

Trade Surplus and Trade War

Is it possible for a country to strive for both a trade surplus and a healthy inflow of capital from abroad? A country cannot have both trade surplus along with the healthy inflow of capital from ab...

2 likes · 0 comments

@icaaang · 2 years ago

Based on the lessons that we tackled, the highlights that I learned are international trade have a big role in this globalization mostly for developing countries. Ethics is also important for a global...

1 likes · 0 comments