Task Team on International Trade Statistics Progress Overview
The Secretariat of the Task Team on International Trade Statistics, under the United Nations Committee of Experts on Business and Trade Statistics, is actively involved in revising manuals on international trade statistics. Established in 2021, the team focuses on enhancing the integration between t
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Streamlined Forecasting for Future USDA Foods Utilization
Cathy Sparks, National Commodity Director, discusses the importance of communication in the forecasting process for USDA foods. Tools like the ProcessorLink calculator and K12 On Target planner help processors and distributors estimate quantities needed for production. Commodity Planning Made Easy s
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Understanding International Trade and Globalization
Explore the concepts of international trade, importing, exporting, visible and invisible trade, and the impacts of globalization on the interconnected world. Learn about the reasons why countries like Ireland engage in trade, as well as the benefits and challenges for businesses. Delve into the bala
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Nepal-Australia Trade Relations: Current Scenario and Future Outlook
Trade between Nepal and Australia is characterized by a significant trade deficit, with most of Nepal's trade being with India. The trade deficit has been attributed to various factors such as consumption patterns, production challenges, and weak marketing. The COVID-19 pandemic further impacted tra
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Overview of the World Trade Organization (WTO)
The World Trade Organization (WTO) is an intergovernmental organization established in 1995 to regulate international trade among nations, replacing the General Agreement on Tariffs and Trade (GATT). It deals with trade in goods, services, and intellectual property, aiming to create trade agreements
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The New Trade Theory and Economies of Scale in International Trade
The New Trade Theory, emerged in the 1970s, challenges traditional trade theories by emphasizing the role of increasing returns and economies of scale in international trade. It introduces the concept of industrial organization and imperfect competition to explain how countries trade not only based
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Overview of CARICOM-Colombia Trade Agreement
Presentation by the Ministry of Trade and Industry on the CARICOM-Colombia Trade, Economic, and Technical Co-operation Agreement, covering key facts, trade with Colombia, non-tariff barriers, and ways to address additional market access under the agreement. The agreement, signed in 1994, aimed to en
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Overview of Ancient Trade Networks
Ancient trade networks such as the Silk Road and Indian Ocean Trade facilitated exchange of goods, ideas, and culture between distant regions. The Silk Road connected China to the Roman Empire, enabling trade in silk, precious stones, and metals. Indian Ocean trade routes linked China, Southeast Asi
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Understanding Factors Influencing Voluntary Trade
Explore factors that impact voluntary trade, such as currency exchange, international trade specialization, and trade barriers like tariffs. Delve into the importance of resources and how countries become interdependent through global trade, enhancing the global economy through voluntary trade inter
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Post-Brexit Trade Developments and Partnerships: A Comprehensive Overview
The post-Brexit landscape for the UK involves significant changes in trade relationships, with key developments including trade agreements, partnerships, and negotiations involving the EU, US, and California. Dr. Matt Beech's insights on the UK's evolving position post-EU exit shed light on the chal
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Understanding International Trade and Globalization
Explore the concepts of international trade, globalization, and their impact on the global economy. Discover how trade dynamics have evolved over the years, the role of tariffs and quotas, and the implications of trade imbalances. Delve into the effects of globalization and the interdependence of ec
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Understanding the Indian Commodity Market: Participants, Segments, and Structure
The Indian Commodity Market is a vital part of the economy, comprising participants like hedgers, speculators, and arbitrageurs. It operates through segments such as the derivatives, spot, and futures markets, facilitated by entities like the Ministry of Finance and Commodity Exchanges. The transact
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Spring 2022 Commodity Update: Energy, Labour, and Market Insights
The Spring 2022 Commodity Update provides an overview of the current market conditions including energy and fuel price challenges, labor shortages in the UK food sector, and the impact on supply chains. Rising energy costs, particularly gas, and labor scarcity due to Brexit and Covid-19 are signific
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Enhancing Trade Potential along Shymkent-Tashkent-Khujand Economic Corridor
Explore the trade potential along the Shymkent-Tashkent-Khujand Economic Corridor, focusing on recent shocks, trends in trade between STKEC economies, composition of trade, and barriers to trade development. Discover how Kazakhstan, Tajikistan, and Uzbekistan are enhancing their economic cooperation
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Understanding World Trade Dynamics
Explore the intricacies of international trade in Chapter 2, "World Trade: An Overview," covering topics such as the Gravity Model, trade barriers, global production fluctuations, and the evolution of traded goods and services over time. Delve into who trades with whom, the impact of country size on
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Understanding International Trade and Foreign Exchange Markets
Explore the world of international trade, foreign exchange markets, trade deficits, and trade restrictions in this comprehensive web quiz. Uncover key facts, trade barriers, economic impacts of tariffs, benefits and problems of exchange rates, and more. Delve into major imports and exports of the Un
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International Trade Centre: Empowering Small Businesses Through Trade
The International Trade Centre, a joint agency of the United Nations and World Trade Organization, supports small businesses globally in engaging in international trade. With a vision of creating inclusive, sustainable economies, ITC focuses on areas like regional integration, resilient value chains
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Fair and Alternative Trade: A Path to Ethical Consumption
Fair Trade and Alternative Trade practices aim to create a more equitable and just global marketplace. Fair Trade focuses on fair prices and relationships for producers, while Alternative Trade emphasizes partnership and respect between producers and consumers. Through these approaches, consumers ca
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Innovative CPC Futures Contract Program for Agribusiness Sustainability
The Commodity Plus Carbon (CPC) Futures Contract Program integrates agricultural commodity prices with carbon valuation to incentivize good agricultural practices and reduce carbon footprint. By combining ag commodity prices with carbon reductions, CPC contracts offer hedging opportunities and incen
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Exploring European Regional Trade: Insights and Analysis
The study delves into European regional trade dynamics, focusing on sub-national units like provinces and their impact on trade patterns. Detailed trade flows data across 269 regions in 24 European countries from 2011-17 are analyzed using the gravity model. The significance of geographical level in
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Tips for Selecting Commodity on Non-Catalog Requisitions
When creating a non-catalog request, choosing the right commodity is crucial. This guide provides tips on selecting the appropriate commodity to streamline the procure-to-pay process effectively.
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Understanding Commodity Production and Labor in Capitalist Mode
The capitalist mode of production is characterized by commodity production, where goods are produced not for their use but for exchange. The value of a commodity is determined by its exchange value, measured in money, which is influenced by the quantity of labor involved in its production. Labor, be
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Analysis of Global Commodity Export Dependence Trends 2013-2017
The analysis includes data from the State of Commodity Dependence 2019 PDF, focusing on the degree of commodity export dependence of countries worldwide from 2013 to 2017. It examines specific countries falling into different percentage categories and explores the factors contributing to their posit
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Utah's Commodity Trade with Mexico: Insights and Impacts
Explore Utah's total commodity exports and imports with Mexico, top commodity exports, economic impacts of reduced trade, and more through insightful visuals depicting trade dynamics in 2016. Gain valuable insights into Utah's trade relationships and economic implications of changes in commodity tra
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International Merchandise Trade Statistics Workshop Overview
Presentation by Nilima Lal at the International Merchandise Trade Statistics Workshop in Nadi, Fiji focusing on the compilation, analysis, and dissemination of trade data. The workshop emphasizes the importance of relevant information on imported and exported goods, development partners collaboratin
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Procure to Pay Project Design Change Overview
Detailed overview of the procure to pay project design change starting July 2019. Topics include commodity dimension, financial approvals, non-catalog requisitions, and new fields for purchase requisitions. The implementation of a Commodity field for accurate routing of purchase requisitions is high
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Trade Dynamics in the Customs Union of Belarus, Kazakhstan, and Russia: A 2010-2011 Analysis
The paper examines trade trends within the Customs Union (CU) of Belarus, Kazakhstan, and Russia in 2010-2011, focusing on trade creation and diversion effects. It analyzes the impact of the CU on member countries like Kazakhstan, emphasizing the potential outcomes of improved trade facilitation. Ke
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Insights into Early World Trade Routes
Early long-distance trade primarily dealt with luxury items like silk, gold, and spices before 1500. The growth of markets reflects economic vitality and the benefits and losses of trade on society have been analyzed historically. Trade networks connected diverse cultures, with trade diasporas datin
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Knowledge Sharing on Trade & Investment in ACP House Brussels
The knowledge-sharing event focused on building trade capacity, improving competitiveness, and analyzing regulatory frameworks for trade and investment. It emphasized understanding EU market requirements, identifying future opportunities, and providing ongoing support for trade agreements. Various p
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Manual on Principal Indicators for Business and Trade Statistics - Volume 2
The United Nations Conference on Trade and Development has developed Volume 2 of the Manual on Principal Indicators for Business and Trade Statistics to meet policy needs and enhance the reading and analysis of international trade data. The manual aims to benefit statisticians, compilers, researcher
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Directorate General of Foreign Trade: Promoting India's Exports and Trade
India's Directorate General of Foreign Trade, under the Ministry of Commerce, is responsible for formulating trade policies, promoting exports, and facilitating trade activities. With a focus on enhancing export performance, the DGFT plays a crucial role in supporting India's economic growth through
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Understanding International Trade: Principles and Benefits
Delve into the world of international trade with a focus on absolute and comparative advantage, gains from trade, barriers, and protectionism. Explore the motivation for trade, specialization, and productivity gains. Learn about the basis for trade, including absolute and comparative advantage, and
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Understanding Comparative Advantage and Gains from Trade
In this lecture on comparative advantage and gains from trade, the concept of why countries trade, price differences, supply and demand, the Ricardian model of trade, identifying comparative advantage, and critiques of comparative advantage are discussed. The benefits of free trade and how it leads
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Understanding Trade Data: Importance, Collection, and Sources
Explore the significance of trade data, differences between official and unrecorded trade resources, and the mirroring technique for handling missing data. Delve into main features, official data sources, and alternative methods for accurate trade data. Learn how countries collect trade data, why it
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Understanding Two-Country Trade Dynamics
Delve into the intricacies of two-country trade using the Standard Trade Model. Explore concepts such as free trade, autarky, balanced trade assumption, and the impact of trading on prices within countries. Gain insight into how international trade influences market values and price equilibrium betw
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Understanding International Trade and Trade Barriers
International trade plays a vital role in the global economy, allowing countries to specialize in goods and services where they have a comparative advantage. However, while specialization and trade offer various benefits, they can also lead to negative effects such as unemployment, relocation, and t
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Pakistan-Sweden Trade Analysis: Insights and Trends
Explore the trade relations between Pakistan and Sweden based on export/import data from 2018. Sweden emerges as a significant partner for Pakistan in both exports and imports within the EU. Discover key statistics on trade value and trends, including Sweden’s rankings and contributions to Pakista
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The Role of Certification Unit in Trade Agreements & Certificates of Origin
The Trade Board Limited, a government agency, plays a crucial role in issuing Certificates of Origin and import/export licenses for Jamaican products. They ensure compliance with trade agreements, facilitate e-transactions, and promote secure frameworks. The mission is to enhance local and internati
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Impact of COVID-19 on Commodity Markets: Developments, Outlook, and Risks
The COVID-19 pandemic has caused significant disruptions in global commodity markets, leading to forecasts of decreased global growth, oil price reductions, and shifts in metal and gold prices. The challenging economic outlook includes projections of a 5.2% contraction in global GDP in 2020, with ri
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Global Agricultural Trade Trends and the Impact on U.S.-China Relations
Amidst a rollercoaster decade of global trade dynamics, the U.S.-China agricultural trade relationship has faced challenges and fluctuations. From the Great Recession to trade wars and the pandemic, trade patterns have shifted significantly, influencing agricultural trade growth. The presentation di
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