Have you ever wondered why we see a lot of foreign goods as you walk along the aisles of the supermarket? You see herbal tea from South Korea, oranges from China, wine from France and pasta from Italy. This is international trade at work. International trade is the cycle of imports and exports, which allows us to have access to goods coming from another country. [...]

“Cars can't cross oceans.”

If you think that the above statement is true, think again. Go out into the streets and see the brands of the cars and other vehicles roaming your city. A significant fraction of them are not made in your count[...]

Canada is not just the second largest country in the world. It is also one of the wealthiest. Just like most developed nations, service industry dominates the Canadian economy. It employs around three-quarters of its people. Aside from this, the country's[...]

In July 2007, the world was stirred when 94 people in Panama were killed after taking some tainted medicine. Although the deaths took place in Latin America, everyone's eyes were half a world away --- on China. China was where the medicines came from. For the longest[...]

It's still so clear in your head. You remember the day you had the greatest fall in your life. A few years ago, a hotel in Baghdad contacted you and ordered a big bulk of native bedsheets. It was the most glorious day in your life. You were so sure that [...]

You have traveled the world to find buyers and market your product. You've been to Europe but all they just promised that they might consider ordering from you. You've been to the United States but no American company gave you a clear-cut answer. You've b[...]

You are so determined to sell your products in Indonesia. You are in love with this Asian country so much that you want to do business here. There's nothing wrong with doing business in Indonesia. It has a huge population and it means a larger market. The[...]

If you think Japan hardly affects your life, think again. Japan is one of the biggest economies in Asia and in the world. Whatever you do, wherever you go, you will surely find a Japanese product. Sometimes, you are using a product imported from this East[...]

Peru is a developing country in South America. In 2004, its Human Development Index score was 0.767. Its per capita income in 2006 was 3,374 US dollars. More than half of its population is poor. A little below 20% is extremely poor. The economic performan[...]

If you're not an American, browse through your stuff and it is impossible that you won't find anything made in the United States. The shoes you are wearing, the cereals on top of your refrigerator, the car in your garage --- they may be American exports t[...]