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Tag: consumers

Articles tagged as Consumers

How to Define a Business

Posted on June 8, 2023 by Raphael Corns
Businesses are everywhere.They're the units that perform the majority of the economic activity inside our economy.Most businesses exist to create a profit.There are several businesses which exist to execute a function apart from profit, such as for example cooperatives and non-profit organisations.The original definition of a small business can be an entity that includes time, effort and capital to be able to create a profit...

Arrest Trade Barriers by Free Trade Agreements

Posted on February 4, 2023 by Raphael Corns
Trade barriers are artificial disincentive to export or import traders.Exemplory case of trade barriers are tariff, quota and unnecessary import/export license requirements slapped against foreign traders to favor local traders.Traders who have problems with these trade barriers are imposed additional costs that raises their trade prices, thus, it'll be hard to allow them to compete fairly on pricing issues...