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Intra-industry trade is difficult to measure statistically because regarding products or industries as "the same" is partly a matter of definition and classification. For a very simple example, it could be argued that although a BMW and a Ford are both motor cars, and although a Budweiser and a Heineken are both beers, they are really all ...
The definitions and methodological concepts applied for the various statistical collections on international trade often differ in terms of definition (e.g. special trade vs. general trade) and coverage (reporting thresholds, inclusion of trade in services, estimates for smuggled goods and cross-border provision of illegal services).
The ITFC's trade finance arm is responsible for providing Shariah-compliant trade financing for both public and private sector entities in the OIC member countries, with a particular focus on financing OIC intra-trade. The ITFC provides direct financing and also works with other international financial institutions to support OIC trade and ...
International trade theory is a sub-field of economics which analyzes the patterns of international trade, its origins, and its welfare implications. International trade policy has been highly controversial since the 18th century. International trade theory and economics itself have developed as means to evaluate the effects of trade policies.
Basic trade statistics often differ in terms of definition and coverage from the requirements in the national accounts: Data on international trade in goods are mostly obtained through declarations to custom services. If a country applies the general trade system, all goods entering the country are recorded as imports.
Marginal Intra-Industry Trade, a concept originating in international economics, refers to the degree to which the change in a country's exports over a certain period of time are essentially of the same products as its change in imports over the same period.
The trade facilitation objectives were introduced in the international agenda basically because of four main factors. [6]1) The successful implementation of the trade liberalization policy within the WTO frameworks caused the significant reduction of tariff and non-tariff barriers, that is common for developed countries (the average rate of customs duty from 4,5% to 6,5%, the share of duty ...
This is demonstrated by the evolution of the financing technique known as International structured trade & commodity finance (STCF). [ 1 ] STCF is " cross-border trade finance in emerging markets where the intention is to get repaid by the liquidation of a flow of commodities."