Posts Tagged ‘global trade’

  • Audi India's car horns are loud and very durable.

    India’s Car Horns

    Oct 7, 12 • 111 Views • Businesses, Demand, Supply, and Markets, Developing Economies, International Trade and Finance, Macroeconomic Measurement, UncategorizedNo Comments

    Standing near a busy intersection in Calcutta, you would hear a horn honk every 3 seconds. Or, as one Audi India executive explained, “With the amount of honking in Mumbai, we do on a daily basis what an average German does on an annual basis.” As...

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    Understanding Unemployment

    Aug 5, 11 • 106 Views • Businesses, Demand, Supply, and Markets, Developing Economies, International Trade and Finance, Labor, Macroeconomic MeasurementNo Comments

    A Washington Post article provided some insight about unemployment by suggesting that we place all US jobs into 2 buckets: One bucket contains firms participating in a global market. Some export goods and services. Others face competition from imports....