Issues relating to international trade

Issues relating to international trade

The term paper topic will be on the issues relating to international trade. It should include facts about international trade from history, where and why it began, the ways of trade, advantages and disadvantages and the different types of international trade.

Here is the list of references I sent the professor. If any are useful, please use them. If not I will just tell the professor none of the ones I originally chose were helpful to me.

References

Hill, C. W., & Hult, G. M. (2017). International Business: Competing in the Global Marketplace. New York: McGraw Hill Education.

International Trade . (2008). Retrieved from Encyclopedia.com: http://www.encyclopedia.com/social-sciences-and-la…

Issues of International Trade. (2017). Retrieved from fte.org: https://www.fte.org/teachers/teacher-resources/les…

Kling, A. (2008). International Trade. Retrieved from Econlib: http://www.econlib.org/library/Enc/InternationalTr…

Richards, J. (2010, June 2). The Economy Hits Home: International Trade . Retrieved from Heritage.org: http://www.heritage.org/trade/report/the-economy-h…

Shah, A. (2014, September 28). Trade, Economy, & Related Issues. Retrieved from Global Issues : http://www.globalissues.org/issue/1/trade-economy-…

Soergel, A. (2017, November 20). International Trade . Retrieved from USNews: https://www.usnews.com/topics/subjects/internation…

Solution Preview

Introduction
International trade refers to the exchange of goods as well as services between different countries around the globe. In this type of trade, the results increase in the world economy, whereby prices, demand, and supply are influenced and affected by events around the globe. For example, political change in the Asian continent could end up resulting in a rise in the in the labor cost, therefore leading to an increase in the cost of manufacturing for an American sneaker company which is located in Malaysia.

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