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Business Economics-企业经济学

论文作者:英语论文论文属性:作业 Assignment登出时间:2014-04-13编辑:caribany点击率:8119

论文字数:2959论文编号:org201404111210216672语种:英语 English地区:英国价格:免费论文

关键词:Business Economics企业经济学Exchange Rates汇率Trade Barriers


Business Economics


Introduction  引言

One of the most important aspects of business economics is international trade between various nations, who largely depend on one another while selling and buying products at the world market. Being an exchange of goods and services between the countries, international trade is the basis of world economy, giving various producers an opportunity to make profit selling goods abroad rather than being limited by the country borders. However, international trade benefits not only single producers, it does also benefit different countries as a whole.


 For example, a country possessing no significant natural resources like coal or gas will be able to purchase them at the world market using the money, which it earned, for example, from selling products of light industry. There are multiple reasons why countries conduct international trade. The most important reasons are lower costs of production at some regions, lack of mineral resources, scattered location of specialized industries, differences in tastes and others. International trade has a rather long history; however, it achieved the highest rate of importance during the recent years due to the process of globalization, which resulted in the openness of the borders and free flow of goods and services. International trade affected the development of many countries in a positive way; however, undeniable leaders of world trade are United States and countries-members of the European Union. 


Proportion of products’ supply and demand at the world market determines the fluctuation of exchange rates of different countries, which is one of the essential indexes, showing the level of economic stability in the country. Countries, with relatively firm exchange rate (exchange rate, which fluctuates within certain borders) are usually better developed than those, whose exchange rate is constantly and chaotically changing. Despite of all positive effects of international trade, there are certain disadvantages of international trade for certain groups of countries, and in order to eliminate these negative effects countries impose certain trade barriers to eliminate the amount of imported goods or to stimulate export. With the establishment of European Union and World Trade Organization, international trade has received even more attention from governments and businesses, who are trying to do their best to derive profits from it.

The main goal of the current study is to analyze the state of the modern international trade. In the context of this topic, the following points will be analyzed: interdependence of supply and demand of the goods and exchange rates, trade barriers and increased economic performance of the European Union.

1. How Does Supply and Demand of Foreign Currency Affect Exchange Rates?  供应和需求是如何影响外国货币汇率的?本论文英语论文网提供整理,提供论文代写英语论文代写代写论文代写英语论文代写留学生论文代写英文论文留学生论文代写相关核心关键词搜索。

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