Import spending.

One factor causing rise in import spending is the rise in domestic prices, in which case consumers tend to substitute locally produced goods for foreign products.

Free Trade

Free trade is a trade where countries carries out economic activities ‘without restrictions or barrier such as import and export tariffs’, barrier to market entry and policies

Freight Management

Nowadays freight management has become a major factor in helping companies and indeed economies becoming more sustainable and efficient, just as transportation of freight has globally increased.

Game theory

When we first hear the term ‘game theory’ in economics lecture, we may initially thought that it is originated in economics or perhaps some other social sciences. On the contrary, it is a branch of applied mathematics where it tries to make rationalize behavior in strategic situations, where the choice of others determines an individual’s success in making choices.

Fiscal federalism

At its most general level, the term ‘fiscal federalism’ covers the delegation of the power to tax and spend from a central government to peripheral regional or local authorities.

Fiscal rules in eu

This paper is about the fiscal rules that govern countries in the European Union (EU) and their implications for the countries whitch are candidates for early EU accession.