Barter is the present and the future of international trade, especially for people who is starting in the import export business. Barter and more: Triangular operations.
No longer the world of the twentieth century dominated by the US and Europe.
We are in a twenty-first century, multi-polar world, living this new geo-political reality, and a new landscape of international trade. We can’t even talk about US and China like unique super powers in the current world.
The emerging countries - China, India, Brazil, Mexico, Indonesia, Malaysia or South Africa, for example, are no longer policy takers, but are significantly influencing the pattern and scope of new international trade, they are creating new supply and demand, pulls and flexing their influence in international organisations, in part, because developing countries are now the largest market for other developing countries.
No more, we can’t talk about the paradigm of North-South trade, now, South-South trade has risen; Asian countries make up more than 80 per cent of South-South trade, Africa about 6 per cent and Latin America about 10 per cent in recent years.
As WTO hasn’t enough power, global multilateral trade talks have stalled. The world is fragmenting into competing trading blocs (TPP, ASEAN +6, US-EU FTA...). How would these agreements impact regions excluded from negotiations, such as Africa?
How could be the next international game in this Multipolar World? In a multipolar world, where won’t be any empire dominating the world, in the complex game board, the best players, the blocs, and countries inside the blocs (some of them like members
As WTO hasn’t enough power, global multilateral trade talks have stalled.
The world is fragmenting into competing trading blocs (TPP, ASEAN +6, US-EU FTA...).