Posted inInternational Business Management
GATT – Major Principles
GATT’s major principle was trade without discrimination. The participating nations opened the markets impartially to every other…
Posted inInternational Business Management
General Agreements on Tariffs & Trade
In the 18th and 19th century, almost all nations and nation-states believed that protectionism is a must…
Posted inInternational Business Management
Revolutionary Economic Trends
Liberalization and deregulation stimulated the epic run of three major areas of business − ● International trade…
Posted inInternational Business Management
Liberalization, Privatization, and Globalization
Due to close resemblance and similar attributes, the term LPG (Liberalization, Privatization, and Globalization) is…
Posted inInternational Business Management
Arguments, Counterarguments, and Discussions
The advantages of liberalization and deregulation are questioned in many ways. Both of these phenomena…
Posted inInternational Business Management
Liberalization Vs Deregulation
Liberalization is the process of relaxation from government control. It is a very important economic term.…
Posted inInternational Business Management
End of Protectionism in History
Great Britain started to end the protective tariffs in the first half of the 19th…
Posted inInternational Business Management
Protectionism
Protectionism is a policy of protecting the domestic businesses from foreign competition by applying tariffs, import…
Posted inInternational Business Management
How to Increase Customer Satisfaction with the Peak-End Rule
The psychological "peak-end rule" suggests that when people go through extended experiences in life, they…
Posted inInternational Business Management
Business Environments
There are numerous types of business environments, however the political, the cultural, and the economic…