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World Trade
World Trade may refer to: * International trade * International finance * World Trade Organization *World Trade (band), a progressive rock band *World Trade Center (other) World Trade Centers are sites recognized by the World Trade Centers Association. World Trade Center may refer to: Buildings * List of World Trade Centers * World Trade Center (2001–present), a building complex that includes five skyscrapers, a ...
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International Trade
International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services. (see: World economy) In most countries, such trade represents a significant share of gross domestic product (GDP). While international trade has existed throughout history (for example Uttarapatha, Silk Road, Amber Road, scramble for Africa, Atlantic slave trade, salt roads), its economic, social, and political importance has been on the rise in recent centuries. Carrying out trade at an international level is a complex process when compared to domestic trade. When trade takes place between two or more states factors like currency, government policies, economy, judicial system, laws, and markets influence trade. To ease and justify the process of trade between countries of different economic standing in the modern era, some international economic organizations were formed, such as the World Trade Organization ...
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International Finance
International finance (also referred to as international monetary economics or international macroeconomics) is the branch of financial economics broadly concerned with monetary and macroeconomic interrelations between two or more countries. International finance examines the dynamics of the global financial system, international monetary systems, balance of payments, exchange rates, foreign direct investment, and how these topics relate to international trade. Sometimes referred to as multinational finance, international finance is additionally concerned with matters of international financial management. Investors and multinational corporations must assess and manage international risks such as political risk and foreign exchange risk, including transaction exposure, economic exposure, and translation exposure. Some examples of key concepts within international finance are the Mundell–Fleming model, the optimum currency area theory, purchasing power parity, interest rate pari ...
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World Trade Organization
The World Trade Organization (WTO) is an intergovernmental organization that regulates and facilitates international trade. With effective cooperation in the United Nations System, governments use the organization to establish, revise, and enforce the rules that govern international trade. It officially commenced operations on 1 January 1995, pursuant to the 1994 Marrakesh Agreement, thus replacing the General Agreement on Tariffs and Trade (GATT) that had been established in 1948. The WTO is the world's largest international economic organization, with 164 member states representing over 98% of global trade and global GDP. The WTO facilitates trade in goods, services and intellectual property among participating countries by providing a framework for negotiating trade agreements, which usually aim to reduce or eliminate tariffs, quotas, and other restrictions; these agreements are signed by representatives of member governmentsUnderstanding the WTO' Handbook at WTO officia ...
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World Trade (band)
World Trade is a U.S. progressive rock band that features Billy Sherwood on bass and vocals and Bruce Gowdy on guitar. Yes's Chris Squire performed as a guest on their second album, ''Euphoria''. History The band was formed with Sherwood on lead vocals and bass, Gowdy on guitars, Guy Allison on keyboards and Mark T. Williams on drums. World Trade evolved from an earlier band, Lodgic, featuring Sherwood and Allison. Their 1989 eponymous debut was co-produced by Keith Olsen. A second album followed in 1995 on Magna Carta Records, with Williams being replaced by Jay Schellen. The album was produced by Sherwood. The band's sound had similarities to 1980s Yes and the album included two Chris Squire Experiment tracks with Squire making uncredited contributions on backing vocals. Because of the similarity between the two bands, Sherwood and Gowdy briefly worked together with Yes after vocalist Jon Anderson and guitarist/vocalist Trevor Rabin left the band. However, both returne ...
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