discuss the reasons allowing the west to establish its dominance in the global trade network of the 17th cent.
113250
My dear Beachbaby,\n\nThis is clearly a homework question you're hoping someone will answer for you.\n\nI won't do that, but I will give you a headstart with some links:\n\nhttp://en.wikipedia.org/wiki/British_Empire\n\nhttp://europeanhistory.about.com/od/colonimperialism/\nmany good links there!\n\nI suspect that if this question came straight out of your history/social studies book, the answer can be found in the chapter you were assigned to read ;-)\n\nHTH,\n\nJennyinJamaica
217726
Hold it Paul, study some history, it was Ricard Nixon that opened up trade with the Chinese. In answer to this question, learn some Chinese as they will own this country without firing a shot. When they call in this debt we won't have the money to pay them so they will just take over the land.
753297
In simple terms there are 3 competing blocks of economic powers.\n\nThe US, Canada and Latin America who are linked to the Dollar\nThe EU block (UK, France, Germany) who are linked to the Euro\nThe Tiger Economies (Japan, Asia, Australia) who are linked to the Yen.\n\nAnything which weakens one block, such as a new poor member joining, strengthens the other blocks as the original block needs to spend money bringing their new member up to their standard of living. \n\nWhen East Germany was re-united with the much richer West Germany, the tax-payers within West Germany and the EU had to fork out hefty tax rises to cover the cost. This resulted in a fall in the Euro v's the Dollar/Yen meaning people in those 2 blocks benefited.\n\nIf Turkey joins the EU it will require even more financing than East Germany to raise the standard of living.\n\nIf Mexico were to join the USA it would cause a financial hemorrhage within the US and benefit the EU nations.\n\nThe other advantage to the US of Turkey joining the EU is that it might make Turkey less "Islamic" and more Westernized, leading to other Islamic nations seeking membership too.\n\nIf Islamic countries become more Westernized it will make the Middle East more safer in terms of less Anti-Americanism from the Arab nations.\n\nThere are more complex factors involved, but the above is the basics.
596987
Hmm I am so sorry I used up the resolution papers in the toilet, However as usual, India is not in agreement with the rest of the partners of free trading as India has a booming economy and is afraid of losing out to the west on many issues, GATT is as usual a very west centered and anti asian policy as it imposes curbs and restrictions on the trade of Indian arms and ammunitions and does not let the Avaiation industry in India trade fairly in Africa. India on the other hand has very huge resources for drugs and cosmetic production and does not in any way patent drugs for inhouse use, the west wants it To bring drug prises on par with international prices and India is very protective on this issue especially cause most of its population is rural and drug offordability will become tough and expensive. Pleased read my book titled, India and free trade.
635674
All the Nations that wanted our technology and our wealth will want globalisation.  The only people in the US that actually gain from globalisation are the rich folks that have corporations in another country.\n\nEverything we need is here.\nEverything that the world need in here.\n\nWill you share your house with any stranger just because your rich neighbor said it is o.k.?\n\n\nBut once the US is at the bottom of the food chain even the US rich folks will be kick out of India or China like dogs.  When that happen our rich folks will parade us with US flags on all the Wal-Mart trucks again.
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They accepted the price of supporting the Soviets in the Cold war.\nBut with globalisation, it just makes sense that the world 2 largest democracies, should move forward in tandem.\n\nThe Cold war era is past. Commercialism makes American products, in demand in India. Technology means Indian savvy, appeals to American firms.\n\nThe rise of China makes sense for these 2 nations to build stronger ties as a buffer.
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Trade allows countries to specialize in the good(s) in which they have a comparative advantage (Ricardian Trade Theory). This increases the overall output of the world.
1098794
I think as World Output goes up Trade goes up.
877512
You'll have to provide a few more details...are you referring to the system of bribes to obtain contracts?  Or the system of monopolies?  Or the government tariffs against European goods to protect the higher American wages and to promote the growth of American industry?
528130
The US dollar will always be strong.  I think Canada should be thankful for NAFTA
1153822
because its a global world today and the oil prices have increased often globally.
231110
The merchants or the traders were, are and will be necessary bridge between producers and end-users. Of course I am talking about the merchants of commodities trading where merchant should have full set of logisitics, price risk management and marketing systems. Due to this factors merchant always will be in need in our globalizing world trade market. The main is what you are going to trade with?
213958
It has to do with the feasibility of establishing a business in a foreign country. You have to study their markets very well because what culturally sells in one country might not sell well in another.
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In January 1994, Canada, the United States and Mexico launched the North American Free Trade Agreement (NAFTA) and formed the world's largest free trade area. The Agreement has brought economic growth and rising standards of living for people in all three countries. In addition, NAFTA has established a strong foundation for future growth and has set a valuable example of the benefits of trade liberalization.
253520
Using tariffs and quotas to benefit domestic production, or limit the amount of imports coming in from overseas. It helps make domestic goods more competitive by artifically raising the price of imported goods.
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Finding a route to the Indies, (Or asia as we know it).\nSo they could trade their goods more easily.\nIt's always about the money. Always.
757093
Our tarriffs aren't nearly high enough.  Due to NAFTA CAFTA, and our mind boggling trade deficit with China, I could vomit.\n    We need to bring back protectionism.