This thesis consists in a collection of research works dealing with various aspects of International Economics. More precisely, we focus on three main themes: (i) the existence of a world business cycle and the implications thereof, (ii) the likelihood of asymmetric shocks in the Euro Zone resulting from fluctuations in the euro exchange rate because of differences in sector specialization patterns and some consequences of such shocks, and (iii) the relationship between trade openness and growth influence of the sector specialization structure on that relationship. Regarding the approach pursued to tackle these problems, we have chosen to strictly remain within the boundaries of empirical (macro)economics - that is, applied econometrics. Though we systematically provide theoretical models to back up our empirical approach, our only real concern is to look at the stories the data can (or cannot) tell us. As to the econometric methodology, we will restrict ourselves to the use of panel data analysis. The large spectrum of techniques available within the panel framework allows us to utilize, for each of the problems at hand, the most suitable approach (or what we think it is).

Ht 2007

<p>This paper will answer which factors are important for the business relation between a small Swedish import company and a Chinese contractor. The problem is based partly in theories that points to cultural and organizational differences between Sweden and China, and partly in current examples from Swedish companies. The relevant data has been collected by interviews with three small Swedish companies that are currently using Chinese contractors.</p><p>The result is that the differences between the countries and organizations exist, but that they do not interfere with the inter-company relations. The conclusion is that our result contradicts</p><p>the established theories in the field, and that a more comprehensive investigation is warranted.</p> / <p>Denna uppsats skall svara på vilka faktorer som är viktiga för en handelsrelation mellan ett litet svenskt importföretag och en kinesisk leverantör. Problemet grundar sig dels i teorier som visar på kulturella och organisatoriska skillnader mellan Sverige och Kina och dels aktuella exempel från svenska företag. För att få fram relevant data har vi intervjuat tre svenska småföretag som använder sig av leverantörer i Kina.</p><p>Resultatet är att skillnaderna mellan länderna och organisationerna finns, men att det inte stör relationen företagen emellan. Slutsatsen blir därför att vårt resultat motsäger dom etablerade teorierna i ämnet, och att en mer omfattande undersökning är befogad.</p>

This dissertation examines the performance of the Liberian iron ore industry from 1950-1985 and its viability in global markets, assuming stagnation (World Bank) and expansionist (Leontief et al.) expectations. It examines past trends in trade and investment patterns in the light of equilibrium allocations which imply the existence of efficient transportation links. This model assumes that given world sources and sinks as constrained by the supply and demand structure of the ore industry, each individual region acts as a basing point to maximize net social payoff from its ore trade. The model is validated on recent (1984) industry data and "explains" 91% of actual demands and 79% of actual trade flows. Price discrimination is evidenced in the form both of monopsony power exercised by some buyers in the Pacific Basin over intra-regional (e.g., Australian) and extra-regional (e.g., Brazilian, Liberian) producers and monopoly power permitting modest rents to be collected by some producers in Africa, including Liberia, from the European markets. In North America, rents appear for some domestic producers in some simulations. These results confirm quantitatively the descriptive results of others while postulating a much more competitive environment for producers. The model assumes world trade doubles through year 2000 or stagnates. Liberia fares poorly in either case, losing significant portions of its U.S. and of its EEC markets to Canada and Brazil respectively despite the maintenance of some resource rents globally. This analysis quantifies for the first time the claims of earlier studies that price discrimination exists, but indicates actual prices may be closer to long-run competitive prices than has generally been assumed by others. Thus, realistic ways for Liberia to increase its market shares require not only an expansion of the industrialized countries' steel industries but an aggressive willingness to absorb transport and other costs by foregoing rents and lowering costs. Removing diseconomies of small transport scale, absorbing freight, and lower U.S. exchange rates combined with world steel expansion could increase Liberian annual shipments by as much as 50 million tonnes per year or $1 billion annually.

This study unveiled the trade-environment debate which has been revolving in the World Trade Organization for quite a long time now. While economic integration and trade liberalization offer the promise of growth and prosperity, environmentalists fear that free trade will lead to increased pollution and resource depletion. On the other hand, free traders worry that over-reaching environmental policies will obstruct efforts to open markets and integrate economies around the world. Trade liberalization has the potential to affect the environment both positively and negatively. Trade and environment tensions have therefore emerged as a major issue in the debate over globalisation. This paper examined the contours of these tensions and argued that trade policy and environmental programs can be better integrated and made more mutually supportive.

In this paper I delve into the connection between trade policy and labour rights as probably one of the most controversial issues, which the international trading system is faced with today. Labour laws differ from country to country and of course it is a cause for concern where some countries have higher standards than others, it becomes problematic for these countries with high standards to compete with countries with lower standards. Even though there is a definite link between trade and labour, my argument is that incorporating labour standards into the international trading system is not the best way forward to deal with the problem of abuse of labour standards.<br /> <br /> I further investigate the two organizations at the forefront of this debate, being the WTO and the ILO. In an attempt to ascertain which of the two is the best forum to deal with the issue I further look at the relationship between these two organizations. Compliance with international labour standards is a growing concern as worldwide standards are deteriorating and nothing is being done to alleviate the problem. Accordingly, I explore the causes for the abuse of labour standards and seek to find the better alternative, by looking at the respective positions of the parties who are for and against the linkage of trade with labour standards. Here the views and concerns of the developed world are weighed up against those of the developing world and looking at possible alternatives concludes the paper.

The purpose of this paper was to examine the impact that the proliferation of regional trade agreements have had on the Multilateral Trading System and whether by allowing regional trade agreements under the World Trade Organization rules, the members of the World Trade Organization have not unwittingly weakened the multilateral trading system. It also examined the effect the proliferation of regional trade agreements have had on the special and deferential treatment for developing countries within the system.

This thesis aimed to examine the prevailing international intellectual property regime as embodied especially in the TRIPS Agreement, for purposes of outlining some of the criticisms levelled against it especially by the less developed world. The work aimed to illustrate how, despite the imperfections of the system, certain intellectual property rights could still be used strategically by African countries to bolster the entrepreneurial spirit, in the form of musical entrepreneurship for purposes of enhancing their international trade capacity.

WTO Agreements have failed to adequately cater for the needs of developing countries. The WTO Agreements, particularly the SPS Agreements has failed to take into account the special needs of developing and least developing countries and clearly their interests have received no representation in the Agreement. Instead of reducing the negative impact of the SPS measures, the Agreement itself has become a barrier to trade. The problems of its implementation inclusive of the expertise, the high costs of conformity, lack of infrastructure and adequate resources have created further restrictions for exporters in international commerce. The failure to adequately deal with the implementation problems of developing countries is evident in the stalemate that culminated at the Doha Ministerial Conference which has extended for over a decade. Perhaps the future of African developments lies in regional agreements, since it is clear that the multilateral trading system has failed. Whereas some scholars are of the view that Article 5.7 of the Agreement should be used as model for the precautionary principle. The principle is highly controversial and does not even have a universal definition; its application might prove to be highly problematic. However the trade-environment debate has already taken center stage in the WTO jurisprudence, suggesting possibly the emergence of an Agreement to that effect. One however can only wonder whether in including the trade-environment debate under the ambit of the WTO when clearly it has failed to deal with issues and concerns’ relating to trade only, might be biting much more than it can chew. / Thesis (LL.M.)-University of KwaZulu-Natal, Durban, 2012.

The literature surrounding individual trade policy preference has traditionally relied on economic self-interest as the impetus for opinion formation. However, every survey-based study has observed a significant and baffling gender bias, with women being consistently more likely to oppose international trade than their male counterparts. One explanation for this phenomenon focuses on the specialized, economic training required to understand the complex subject of international trade. This study uses a unique sample of undergraduate students from Ball State University, stratified by academic department. The survey instrument is aimed at comparing departments that emphasize economic training with those that do not and how this effects the individuals trade policy preferences. The results show that controlling for economic training eliminates the significance of gender in predicting trade policy preference. / Department of Sociology