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What causes trade?
One of the causes of global trade is more profits. Businesses expand their market so that they can sell to more customers and make more money.
Why should you support fair trade?
You should support fair trade because it gives them a better deal than with other businesses, they get a good profit and are able to syustain their life
Disadvantages of trade barriers?
Trade barriers impact businesses. International businesses can't maximize their profits with trade barriers in place. They have to find other alternatives for business.
What is trade policy?
Trade policy explains the way we can get goods and services to the customers.
Difference between unfair trade practice and restrictive trade practice?
Unfair trade practice" as per Section 2(r) means a trade practice which, for the purpose of promoting the sale, use or supply of any goods or for the provision of any service, adopts any unfair method or unfair or deceptive practice, while "restrictive trade practice" means a trade practice which tries to manipulate the price or conditions of delivery to affect flow of supplies in the market relating to goods or services in such a manner as to impose on the consumers unjustified costs or restrictions [as per section 2(nnn)].
What causes trade?
One of the causes of global trade is more profits. Businesses expand their market so that they can sell to more customers and make more money.
What is called business?
A business is an organization that is involved with the trade or sale of services or goods to customers. Businesses are sometimes called firms or enterprises.
What services does FX Trader provide?
FX Trade provides customers with many products and services. Some service that stick out is the currency converter. Customers are able to convert currencies quickly and efficiently. Forex Trade offers many different platforms for their customers. For instance a customer could trade online or from their smartphone. Forex also allows their customers to practice trading to any customers even trial customers. This service allows the customers to improve their trading techniques.
What does it mean to be bonded licensed and insured?
'Bonded, licensed, and insured' is a phrase that small businesses use to let their customers and potential customers know that they have gone through all of the legal procedures to be able to perform their trade.
What is deceptive trade practice?
Having customers pay for something and delivering a product that it not entirely what you claimed it would be. It may be entirely legal, but it may not be ethical.
Why should you support fair trade?
You should support fair trade because it gives them a better deal than with other businesses, they get a good profit and are able to syustain their life
What kind of trade policy should business be pressuring government to adopt?
Business should be pressuring government to encourage fair trade and competition. This should ensure that businesses have a level playing field when investing.
Difference between international trade and local trade?
International trade is trade between people or businesses in different countries. Local trade is trade between businesses and individuals in the same local area.
Why do deceptive and unfair trade practice laws apply to ordinary businesses?
Deceptive and unfair laws apply to ordinary businesses in order to protect each from malicious competition. They also exist to protect consumers from being taken advantage of.
Disadvantages of trade barriers?
Trade barriers impact businesses. International businesses can't maximize their profits with trade barriers in place. They have to find other alternatives for business.
What types of businesses have had the most startups in the past decade?
service and trade businesses
What accounting issues arise for a company as a result of engaging in intternatinal trade?
Many companies lose money as a result of converting currencies. Generally, businesses try to avoid this by charging customers currency fees.
