Factors Shaping Global Trade

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"Introduction
Today's economy is a global economy. American cars, once the proud output of Detroit, are now conglomerations of components from throughout the world, and may even be manufactured in Mexico for sale in the United States. Japanese electronics dominate the American market, and American soft drinks can be found in virtually every nation on the planet. Companies no longer think merely in local or even national terms, but consider the international community when developing their marketing plans. As a result of revolutions in communications and transportation, goods--and workers--can travel more easily than at any other time in history. Trade patterns have changed as a result of this freedom of movement, and nations have taken up trade policy as a matter of strategic importance. This research considers the..."

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