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Intra‐industry trade (IIT) is the simultaneous import and export of goods within the same industry. This paper updates previous work on Australian intra‐industry trade and explores the determinants of IIT. It is the first Australian study to pool time series and cross‐sectional data for...
Persistent link: https://www.econbiz.de/10014863523
In the run‐up to the 1992 single‐market deadline, there were concerns that inter‐industry adjustment pressures among EU member countries would increase. Such expectations were due partly to a perceived reversal of the post‐Second World War growth in intra‐industry trade (IIT). Finds...
Persistent link: https://www.econbiz.de/10014863533
Curbing (without banning) potentially environmentally‐damaging activities that have global, rather than local, effects raises challenges analogous to those faced by a community lacking legislative powers that has to restrict access to a common pasture in order to make its use sustainable. A...
Persistent link: https://www.econbiz.de/10014863896
Presents a statistical auditing system which gives a methodology for statistical analysis of international trade prices. Discusses how this can help governments and international lending agencies, or internationally trading firms, determine the optimal level of audits and physical inspections of...
Persistent link: https://www.econbiz.de/10014865310
While demand for many products has become more homogeneous across countries, cultural factors have strongly inhibited this change as well. In a multicultural world, cultural heterogeneity will continue to remain the most significant barrier to one global market. Cultures are resilient and...
Persistent link: https://www.econbiz.de/10014827795
Only in recent years has China been concerned about participating in the world economy. Thus far her international marketing has been limited in volume and elementary in nature. Currently China is relying primarily on her foreign partners and customers to do her international marketing as she...
Persistent link: https://www.econbiz.de/10014827931
Brunner and Taoka did the first survey of American businesspeople's perceptions of marketing and negotiating in the People's Republic of China in 1975. Because of China's open door policy and her determination to modernise, there have been many changes in US‐China business. Therefore, it is...
Persistent link: https://www.econbiz.de/10014827934
Countertrading for many countries acts as a viable alternative when overseas purchasing requirements stretch foreign currency too far, though it is also used as a means of employment protection. The principle can be further divided into the process of barter, switch trading, buy‐back, evidence...
Persistent link: https://www.econbiz.de/10014825102
The letter of credit is commonly utilised when an exporter has doubts regarding the prospects of receiving payment. It is essential that all possible precautions are taken to ensure that the letter of credit's conditions can be met and are conformed with. If documents are rejected, if it is...
Persistent link: https://www.econbiz.de/10014825122
Due to the economic and strategic importance of telecommunication services, as well as projected growth rates in the information industries, countries have adopted policy restrictions on transborder data flows (TBDF) both into and out of their countries. The reasons for these measures include...
Persistent link: https://www.econbiz.de/10014825221