IBM 416 Lecture Notes - Lecture 5: Trade Finance, Eurozone, Soot
Document Summary
Why decreasing exports is particularly bad for countries like singapore and hong. What is the obvious cause of falling trade? the global economic slowdown. What is the global trade closely related with? global gdp. At a more granular level, too, the patterns of trade match the fortunes of economies. How did the european union imports change since 2011? fallen by 4. 5% How did the middle east imports change since 2011? increased imports by 7. 4% Global economy, looser policies in the euro area, successful emerging markets. Trade has generally grown faster than gdp in recent years, rising from 22% to 33% of world gdp between 1996 and 2008. Businesses that operate internationally rely heavily on banks. Once they have bought raw materials and other inputs, they must make their products before exporting them to a destination country. They may deliver them to a final buyer before receiving payment.