While international trade brings numerous benefits, there are also challenges and barriers that can hinder the free flow of goods and services: Tariffs Tariffs are taxes imposed on imported goods and services. They increase the cost of foreign products, making them less competitive compared to

Several actors are involved in international trade, each playing a specific role in facilitating cross-border transactions: Governments: Governments influence international trade through policies, tariffs, subsidies, and trade agreements. International trade agreements, such as NAFTA (North Am

Several actors are involved in international trade, each playing a specific role in facilitating cross-border transactions: Governments: Governments influence international trade through policies, tariffs, subsidies, and trade agreements. International trade agreements, such as NAFTA (North Am

International trade plays a pivotal role in the global economy. It enables countries to access goods, services, and resources that they do not have domestically, while also fostering economic growth and creating jobs. Understanding the basics of international trade is essential for businesses, polic

HRM in SMEs comes with several challenges, such as: Limited HR Resources: Many small businesses do not have dedicated HR departments, making it challenging to manage all HR functions efficiently. In such cases, business owners may need to handle HR tasks themselves or outsource to third-party