International Trade and Finance Speech | Principles of Macroeconomics | Instructor: MICHAEL THIRTLE | Cindy Williams | 10/29/2012 |

International Trade and Finance

In this world of ours there is so much competition. This is especially true between the United States and Japan, which make the same if not similar products of goods and services. The example for today is Toshiba and Dell computers. After the theories of integrative levels and of complex systems of the world trade organization the volume of trade was increased and high active participation allows them to specialize in what they all do best and enjoy the variety of the good and services.
The economic system is really a big, free-flowing system which provides a market as well as it is the very life-line of our modern society. Human beings have traded and bartered with one another ever since earlier cultures; they knew at that time what a few still grapple with these days that trade is really a requirement. For that reason since trade was essential to the growth of earlier cultures, global trade is vital to contemporary cultures. By comparative advantage and opportunity costs evaluation a country may find out the items to export and import.

The Exchange Rate
The definition of Exchange Rate begins by saying that the price of one country’s money in definition of one country’s currency. This usually threatens and affects the export and/or import of many companies. This can also affect the stocks and stockholders from developing international funds. When the commodity of a country increased the currency of that country experiences a rise and this is where the price ends up going down when the price of the commodity goes down.
Global trade comes with its restrictions, or drawbacks to go together with a few of the clear advantages. To start, a few clear advantages of global trade are: better