International Trade Research And Analysis †MyAssignmenthelp.com

Question: Discuss about the International Trade Research And Analysis. Answer: There has existed a free trade between the American government and the Chinese government and the European Union whereby the governments could operate with no tariffs on the goods imported within the region. This international trade helped the countries to grow their economy, expand their markets and also the creation of more opportunities for goods and services. However, the Chinese government has been misusing the property rights rendered to her by the US government for her benefit. Chinese has engaged in illegal activities such as ripping a Television channel which is against the trade agreement; The European government involved in the printing of more Euros hence lowering the interest rates of exporting goods and reducing its value in the economy.(Elliott, 2018) Some of the effects of withdrawal of international trade include the transfer of technology whereby countries are forced to move their technologies to other regions, manipulation of the dollar currency and imposing of tariffs which may be it expensive for other regions to import goods and services. For this reason, the American government has decided to impose tariffs on the importation of goods which will be a significant hindrance of international trade contrary with the Canadian government that has set Canada - Mescour a free trade region with trade policies. This will help in expanding trade within the region labor creation and gender consideration.As result of the international trade that exists in these regions, they reported huge profits, and they owned most of the economies and reported to be among the top trading blocks in the world. From both articles, we can note that international trade is vital for every country's economic growth. We also note that political activities and critical government leaders also play a role in international trade. They can positively or negatively affect international trade activities.(Ontario, 2018) References Elliott, L. (2018, March 18). Economics viewpoint; Trump is on the path to full-scale trade war: first China, then Europe. Retrieved March 22, 2018, from The Guardian: https://www.theguardian.com/business/2018/mar/18/trump-on-path-full-scale-trade-war-first-china-then-europe Ontario, O. (2018, March 20). The Government of Canada. Retrieved March 22, 2018, from Canada global affairs news: https://www.canada.ca/en/global-affairs/news/2018/03/minister-of-international-trade-welcomes-first-round-of-negotiations-with-mercosur-countries-in-ottawa.html