Dispute settlement in international trade relies on mechanisms like the WTO Dispute Settlement Body, arbitration, and mediation. These systems resolve conflicts between nations and businesses,
Harmonization of laws in international trade reduces legal discrepancies across borders, streamlines compliance, minimizes trade disputes, and enhances market access. By aligning national regulations with
International standards, like ISO and IEC guidelines, enhance global trade by ensuring product quality, safety, and compatibility, reducing trade barriers, and boosting consumer confidence.
Entry barriers to foreign direct investment (FDI) include legislated restrictions, administrative hurdles, and equity limits, aimed at protecting domestic industries and controlling sensitive sectors. This
Foreign Direct Investment (FDI) involves cross-border investments, impacting global trade and economic growth. This article explores its types, challenges, and role in balancing development with
Monetary Approach to Balance of Payments Adjustments explains how monetary policy, money supply, and interest rates influence the balance of payments, providing a self-correcting mechanism
Equilibrium and Disequilibrium in Balance of Payments examines causes of imbalances like exchange rates and trade deficits, and strategies such as export promotion and monetary
Differences Between Balance of Payments and Balance of Trade highlight how the Balance of Trade focuses on goods and services, while the Balance of Payments
Intra-industry trade involves simultaneous exports and imports of similar goods within the same industry. It drives economic diversification, technology upgrades, and trade resilience, especially in
