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Global Trade And Its Wider Effects

Import and Export of specific goods and products over international borders are termed as import or exports. These processes are generally involved in the business of importation and exportation of commodities between countries. The process of global trade is basically concerned with the movement of goods from one country to another country. There are three types of global trade namely importation, exportation and general trade. While each of these three may sound different, they are actually related to each other and flow in a similar direction. Global trade mainly refers to the movement of goods from one country to another country. Imports are also referred to as exports. There are two types of flows i.e. direct and indirect. Direct flow is the one that involves the goods directly coming into the hands of the consumer. Indirect flows refer to the movement of products by means of transportations like pipelines, railroads…

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Factors Influencing Globalisation

The European trade policy is the key to any European business succeeding in the 21st century. It is very important to be well prepared for the various deals that European trade pacts sign with each other as every country has its own trade policies. If you are planning for a European trade policy, there are three main factors which you should consider before making your choice. International Factors The first factor is the type of relationship that you want with another country. There are some countries which have closer relationships with others while there are some which don’t have close relationships but they form quite powerful trading partnerships and there are also those countries which do not have any significant trade ties with each other at all. The second factor is the political environment in Europe. You must remember that there are a number of political unions that make up…

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