Economic Platform For The Philippines

Trade is the transaction of buying or selling of goods and services from one country to another. Because of trade, international consumers now have a wide assortment of products placed directly in front of them that their region cannot provide. For instance, one can walk around the Bronx and come to the zoo where there will be a giraffe from South Africa showcased for all to see. There are no safari like animals such as the giraffe freely roaming around America. This is all possible due to the trading system that has been

The exchange of goods and services between international borders or territories is known as international trade. It allows countries to use excess resources, if the resource can be produced more efficiently then it can be sold cheaply. If a country lacks access to certain resources they can obtain that resource through the aid of international trade.

The term trade can defined as the movement of goods and consumables across the boundaries of the two regions in order to promote the access to items which are distinct in one region but surplus in the other. The international trade is as old as the history of mankind. Earlier when there was no concept of countries, the trade simply meant the movement of goods to far distant places. As soon as man realized that an access is needed to items that are not available in his region, he travelled and found them abroad. Now the difficulty was to gain control over those items while maintaining peace. This was how, the term barter and trade came into existence and people started to enter into agreements to transfer goods for goods or goods for money.

The population of the Asia region of the world contributes a massive amount of exporting goods, and global business as a whole. The sheer number of people consuming goods that must be imported to support the large population force the need for trade with other regions. The demand for resources is high and the need to develop strong trade relations with other countries is vital to the continued growth and success of Asian countries.

In this I am going to assess the methods to increase trade between countries and the methods to restrict trade between countries. When asses the methods of encouraging and restricting trade I will talk about the purpose for the methods of promoting and restricting international trade, identify how and why they might be used and I will decide how useful each method is giving appropriate reasons for it. International trade is the exchange of goods and services between countries.

     International trade is defined as trade between two or more partners from different countries in the exchange of goods and services. In order to understand International trade, we need to first know and understand what trade is, which is the buying and selling of products between different countries. International Trade simply is globalization of the world and enables countries to obtain products and services from other countries effortlessly and expediently.

Free trade is exchange of goods and commodities between parties without the enforcement of tariffs or duties. The trading of goods between people, communities, and nations is not an innovative economic practice. Nations are however the main element within a free trade agreement. By examining free trade through three different political ideologies: Liberal, Nationalistic, and Marxist approaches, the advantages and disadvantages will become apparent. Theses three ideologies offer the best evaluation of free trade from three different perspectives.

International trade is the exchange or trade of merchandise, capital and services across the world. For many countries, these exchanges can represent a very important share of their GDP (Gross Domestic Product).

In today 's developing economies the competition to attract foreign investment and expanding trade relations has become the foremost economic strategy to satisfy the quest of the society for rapid economic growth. The failure of inward-looking economic policies to change the trajectory of decades long stagnated economies forced countries to adopt outward-looking trade policies and market economy. As a result, attracting foreign investment and promoting exports emerge to be the core economic and trade strategies. Foreign investment is believed to provide multidimensional benefits to the host economy both directly and indirectly. The main direct benefit is the capital inflow that fills the finance gap between the required investment and

With globalization and technological advancements comes offshoring – the movement of services or manufacturing to another country in an attempt to take advantage of favorable business conditions in that country. As a result of offshoring, the last decade saw significant amount of capital flight to developing Asia. Skilled work force, availability of labour, low-wages, and easy access to supplies, were some of the factors influencing the move of FDI to the region. Although recent economic data suggest that developing Asia holds 52% of global FDI (UNCTAD 2014), the region’s FDI inflow has been declining since 2011 (UN 2014). A significant cause of this FDI decline is from West Asia with -20% from 2012 (Asia top the world in FDI 2014). So, the economic ill of developing Asia is whose gain?

However, when you look deeper into the peaks and troughs, it is clear that the FDI inflows has fluctuated drastically. The first real dip in the economy was caused by the recession in 1991. There was a multitude of issues worldwide which contributed to the recession such as the U.S. Federal reserves decision to raise interest rates in the late 1980’s and then Iraq’s invasion of Kuwait in 1990. These events consequently drove prices up of oil and decreased the confidence of consumers, which in turn led to the recession. Following on from this the global economy had to make a recovery. ‘Over the previous decade the SE Asian states of Thailand, Malaysia, Singapore, Indonesia, Hong Kong, and South Korea, had registered some of the most impressive economic growth rates in the world. Their economies had expanded by 6% to 9% per annum compounded, as measured by Gross Domestic Product. This Asian miracle, however, appeared to come to an abrupt end in late 1997 when in one country after another, local stock markets and currency markets imploded.’ (The Asian Financial Crisis, Charles W.L. Hill). Subsequently the developed economy benefitted excessively as investors were able to finance even more ventures which were at newly reduced prices.

The exchange of merchandise (export and import of products) which is the balance of merchandise trade.

Trade can be divided into the resulting two categories, internal trade or foreign trade. Internal trade is also known as home trade. It is led within the political and geographical borders of a country. It can exist at a local level, regional level or national level. Hence trade carried on among traders of Delhi, Mumbai, etc. can be referred to as home trade (Akrani). Internal trade can be furthermore sub-divided into two groups, wholesale trade and retail trade. Wholesale trade involves purchasing large quantities from producers or manufacturers then selling in loads to retailers intended for resale to consumers. The wholesaler is a

The inflow of Foreign Direct Investment to Indonesia is very dynamic featured with upward and downward trend interchangeably. Since 1981 FDI ratio to Indonesian GDP is relatively low range from 0 – 3% of Indonesian GDP. But the number of FDI could be regarded as the signal of Indonesian economic recovery and investor confidence of the country. Historically, Indonesian FDI rose significantly in second phase of Soeharto era from 1981 to 1996 but then drastically down as the effect of Asia Financial Crisis and internal political instability in 1996 to 2000. Indonesia’s start to regain investor confidence after the successful democratization process in 2000 and peaked the performance in 2014 at the presidency of Yudhoyono. But in

According to Dr. Allan Bernardo, a Filipino professor and a cognitive and educational psychologist who received his training from Yale University in the United States, “A curriculum needs to be updated regularly, not only to incorporate new knowledge but also to adapt to changing environmental, social, technological and global contexts.”