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May 14, 2025
What Is A Trade Bloc, And Why Are They Formed?
　　A trade bloc is a trade agreement among governments that are typically within a shared geographical region. The agreement is entered into as a means of protecting member nations from excessive imports of non-member nations. To encourage trade among member states, tariffs, taxes, and other trade barriers among them are...
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What Is A Trade Bloc, And Why Are They Formed?
May 14, 2025
Top Aluminum Producing Nations In The World
　　Aluminum is one of the lightest metals in the world and as a result it is used widely in the production of multiple product. This metal has a shiny silver color and it is malleable meaning it can be bend without breaking. In nature, aluminum is found in an ore...
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Top Aluminum Producing Nations In The World
May 14, 2025
Countries With The Largest Decreases In Export Volumes Since 2000
　　Exports into the international marketplace will play a critical role in any country’s balance of trade. Exports add to the gross output of a country and also act as an exchange for other goods that are in demand in the exporting countries. Major exports from developed economies are mainly machinery,...
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Countries With The Largest Decreases In Export Volumes Since 2000
May 14, 2025
Top Titanium Producing Countries
　　Titanium is a metallic element that occurs with a number of other mineral deposits and is widely distributed across the Earth's crust. Titanium is known for its high strength to weight ratio and has a low density. It has a metallic white color and is lustrous. It is a refractory...
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Top Titanium Producing Countries
May 14, 2025
Countries With The Largest Increases In Export Volume Since 2000
　　The export volume index is derived from the United Nation Commission on Trade and Development's (UNCTAD) volume index series. Export volume index represents the ratio of export value index to the corresponding unit value index. UNCTAD estimates the unit value index from the previous years reported index values demonstrated by...
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Countries With The Largest Increases In Export Volume Since 2000
May 14, 2025
Banks With The Highest Market Capitalization Values
　　The Banks with the Highest Market Capitalization value refers to their highest total market value of outstanding company shares. Market capitalization is determined by multiplying outstanding shares of the company by the market price of a single share. Market capitalization value is used as an indicator of public opinion on...
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Banks With The Highest Market Capitalization Values
May 14, 2025
Chile: Exports And Imports
　　Economy Of Chile The economy of Chile is one of the most stable in South America and has the highest gross domestic product (GDP) per capita throughout Latin America. Its economy is the 44th largest in the world, both in exports and imports. In 2014, the country exported $77.3 billion...
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Chile: Exports And Imports
May 14, 2025
Countries With The Biggest Banks
　　The largest banks in the world are measured by their total assets and market capitalization. Assets are anything of value and can be tangible (like computers and office equipment) or intangible (like patents and financial assets). Market capitalization is the total dollar market value of a company’s outstanding shares. This...
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Countries With The Biggest Banks
May 14, 2025
​What Is Corporate Capitalism?
　　Large corporations continue to dominate economic output and the labor market in many of the world's highly developed nations. The economic systems of these nations are based on private ownership of the factors of production and operation means for higher profits or revenues. The decision making and investments in these...
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​What Is Corporate Capitalism?
May 14, 2025
What Is Primitive Communism?
　　What Is Primitive Communism? The traditional economy characterized most of the societies in the early centuries. The traditional economy is built around the way of life of the society and which customs and traditional beliefs are critical in the production of goods and services. It is based on traditional agriculture,...
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What Is Primitive Communism?
May 14, 2025
What Is A Welfare State?
　　What Is A Welfare State? Every elected or appointed government has the responsibility of protecting its citizens from economic and social injustices and preserving their dignity. All of the government projects and policies should aim at improving the quality of life and providing an environment for growth and development. Sanctions...
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What Is A Welfare State?
May 14, 2025
Cuba: Exports And Imports
　　Cuba: Exports and Imports Cuba is a developing country in Latin America with a state-controlled planned economy that is mainly based on service and industry. The public sector employs about 76% of the population while the remaining is the private sector. In 2009, the country had a Human Development Index...
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Cuba: Exports And Imports
May 14, 2025
Major Interest Rescheduling Of National Debts In Recent Years
　　A country that is unable to finance its projects through internally generated funds, such as disposals of government assets, tax collections, and other forms of government revenue sources, may opt for either internal borrowing from private creditors or external borrowing from foreign creditors. When a government borrows funds to finance...
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Major Interest Rescheduling Of National Debts In Recent Years
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