international Trade

Views:
 
     
 

Presentation Description

No description available.

Comments

Presentation Transcript

MANAGERIAL ECONOMICS II :

MANAGERIAL ECONOMICS II

Students OF SYBMS :

Students OF SYBMS PRESENTING

Slide 3:

International trade

STARTING with:

STARTING with Shaikh Atifa Sana

International Places all over the world:

International Places all over the world

Meaning of International Trade:

Meaning of International Trade * International trade is exchange of capital , goods , and services across international borders or territories. In most countries, it represents a significant share of gross domestic product (GDP). While international trade has been present throughout much of history (see Silk Road , Amber Road ), its economic, social, and political importance has been on the rise in recent centuries.

Global Competitiveness Index (2008-2009): competitiveness is an important determinant for the well-being of states in an international trade environment. :

Global Competitiveness Index (2008-2009): competitiveness is an important determinant for the well-being of states in an international trade environment.

Regulation of international trade:

Regulation of international trade * Traditionally trade was regulated through free trade agreements between two nations. Free trade is usually most strongly supported by the most economically powerful nations, though they often engage in selective protectionism for those industries which are strategically important such as the protective tariffs applied to agriculture by the United States and Europe . Traditionally agricultural interests are usually in favour of free trade while manufacturing sectors often support protectionism. The regulation of international trade is done through the World Trade Organization at the global level, and through several other regional arrangements. Eg :-South America, North America, and many more

Risk in international trade :

Risk in international trade Buyer insolvency (purchaser cannot pay); Non-acceptance (buyer rejects goods as different from the agreed upon specifications Credit risk (allowing the buyer to take possession of goods prior to payment); Regulatory risk (e.g., a change in rules that prevents the transaction); Intervention (governmental action to prevent a transaction being completed Political risk (change in leadership interfering with transactions or prices); Natural catastrophes, freak weather and other uncontrollable and unpredictable events

Reference :

Reference * www.google.com * www.wikipiedia.com * www.internationaltrade.com

Slide 12:

Thank you

authorStream Live Help