Exercise 1The most recent statistics by GlobalEdge show that China, the United States, Germany, Japan, and the Netherlands are part of the world’s top ten exporters of merchandise. The other countries that complete the list are France, South Korea, the United Kingdom, Hong Kong and Russia in that order. The...

A free trade zone (FTZ) is a special area outside the United States that provides a number of economic benefits. A FTZ is a specially designated area that has different procedures, laws, regulations, and taxes than those of the rest of the host country. These zones are designed to simplify...

In today’s global market, trade is more important to the economies of nations around the world than ever. Today’s economic markets are globally-linked, and it is near impossible for a nation to flourish without engaging in favorable trade of some form. The United States has long been associated with free...

In 2012, Consumer Reports, a well-respected American magazine that provides consumers with unbiased reports on products, services, and other consumer-related issues, ranked the grocery store Trader Joe’s as the second-best supermarket in the United States of America. This was quite a feat considering recognizable names such as Wal-Mart, Kroger, Safeway,...

Colombia appears to be economically well-developed country with the wide network of import and export relationship. The advantages of geographical location of the country allows it being almost autonomous in energy supply via the expenses of oil and coal, as well as the hydroelectric power stations. Colombian healthy diversified economic...