TY  - BOOK
AU  - Marcelo Anton
PY  - 2014
CY  - München, Germany
PB  - GRIN Verlag
SN  - 9783656602316
TI  - International Trade as a Tool for Socio-Economic Development of Countries
UR  - https://www.hausarbeiten.de/document/269146
N2  - In approaching the subject of this paper, a general overview of international trade, its scope, repartition and recent shifts will be presented at the outset. A natural statistic for international trade, i.e. the trading volume compared to GDP, is introduced and its shortcomings are highlighted. In attempting to improve on significance towards socio-economic considerations, more appropriate key ratios and parameters are presented and put into context by means of two examples. Effects of free trade are controversially discussed referring to work of several economists and adjoined to those of trade restrictions and closed markets. Finally, further aspects like dependency, trade and democracy as well as loss of culture are considered.
KW  - International Trade, Socio-Economic Development, GDP, Free Trade, Human Development Index, Social Welfare, Gini Coefficient
LA  - English
ER  -