Essays on Global Economy

U.S. President Donald Trump served Junk food for the national football team due to the government shutdown, the White House announced that Trump is personally paying for events with the national team, to be catered with everyone’s favorite junk food, because the staff of the…

We are in the era of Globalisation, a process that facilitates the integration of all economic activity into a global market place (Guttal, 2007). One of the main tenets of globalisation therefore is the practice of free trade. Free trade is defined as the import…

Belgium is a country in Western Europe which is a sovereign state. Belgium is bordered by the Netherlands, Germany, Luxembourg, France and the North Sea. It has a total area of 30,528 square kilometers (11,787 sq mi). The capital and largest city of Belgium is…

The Philippines is classified as a third world country. The Philippines is a country which is stricken with poverty. The only place in the Philippines that is not in poverty is Manila, the country’s capital. The Philippines has numerous problems that must be dealt with…

The Philippines has been through a lot, but Filipinos has always been strong, grateful, and happy. Philippine economy as we all know is not as great as some of the countries in the world nevertheless we’re not the poorest country either thanks to our not…

NAFTA (North American Free Trade Agreement) The North American Free Exchange Trade is an contract between three nation such as Canada,America and Mexico. The main objective of this treaty is to lose the unrestricted flow of goods and services.This agreement come into existence in 1993….

The Acculturation process consists in changing the culture of a person or group by adapting or borrowing other cultural characteristics. The process of acculturation occurs with everyone. We can’t do anything, but there are two sides, good and bad, like coins. In the Philippines, we…

In the sixteenth century, the Portuguese transformed maritime trade in the Indian Ocean through almost complete domination of the seas and control of profits made from trade. They were the leading country in European overseas exploration at the time, being the first to discover a…

The Foreign Exchange Market or Forex market is a very helpful of any country in transactions of another country. It is important as a result of the rate of exchange, the worth of 1 currency in terms of another, helps to work out a nation’s…

In 2017, South Sudan experienced famine, “an extreme scarcity of food” (ConcernUSA, 2018). The United States foreign aid sent 265 million dollars of assistance, including aid and emergency food and water; saving many lives. Foreign aid can be food, water, money, protection, or medical help…