Author : Marcelo Anton
Publisher : GRIN Verlag
ISBN 13 : 365660231X
Total Pages : 10 pages
Book Rating : 4.16/5 ( download)
Book Synopsis International Trade as a Tool for Socio-Economic Development of Countries by : Marcelo Anton
Download or read book International Trade as a Tool for Socio-Economic Development of Countries written by Marcelo Anton and published by GRIN Verlag. This book was released on 2014-02-25 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (undergraduate) from the year 2013 in the subject Economics - International Economic Relations, grade: 1,0, Cracow University of Economics, language: English, abstract: In approaching the subject of this paper, a general overview of international trade, its scope, repartition and recent shifts will be presented at the outset. A natural statistic for international trade, i.e. the trading volume compared to GDP, is introduced and its shortcomings are highlighted. In attempting to improve on significance towards socio-economic considerations, more appropriate key ratios and parameters are presented and put into context by means of two examples. Effects of free trade are controversially discussed referring to work of several economists and adjoined to those of trade restrictions and closed markets. Finally, further aspects like dependency, trade and democracy as well as loss of culture are considered.