econlife on ‘International Trade and Finance’

First explained by David Ricardo through comparative advantage, international trade and finance expands worldwide efficiency and productivity. Econlife looks at international trade to see its impact through goods and services, trade balances, trade barriers like tariffs and quotas and subsidies.

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    A Smaller Safety Net?

    Sep 10, 10 • 110 Views • Economic Debates, Government, International Trade and Finance, Labor1 Comment

    In France, a 24 hour workers’ strike brought retirement rights back to the headlines. Saying that a 60 year old retirement age was no longer affordable, French President Sarkozy has proposed moving it up to 62. French workers disagree. In the U.S., a...

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    Preventing a ‘Flash Crash’

    Aug 21, 10 • 115 Views • Businesses, International Trade and Finance, RegulationNo Comments

    Do you remember the ‘flash crash‘? On Thursday, May 6, for close to 20 minutes, markets everywhere wildly fluctuated.  It began at 2:23 when certain stock prices started moving oddly. With Apple trading at approximately $250 a share, at 2:44,...

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    The World’s Biggest Economies

    Aug 20, 10 • 88 Views • Developing Economies, International Trade and Finance, Macroeconomic MeasurementNo Comments

    The Chinese leader Deng Xiaoping said, “It doesn’t matter what color a cat is as long as it catches mice.” Explained in the Teaching Company’s “Why Economies Rise or Fall,” Deng cared about results more than economic...

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    A Little Sunshine at General Motors

    Aug 18, 10 • 102 Views • Businesses, Developing Economies, International Trade and FinanceNo Comments

    A question: How are a little Sunshine and the U.S. taxpayer similar? The answer: Both are helping General Motors grow. The Wuling Sunshine is the most popular car in China. Manufactured by General Motors with 2 Chinese partners, it is a no frills minivan that...