Invest On Home Improvement And Earn Value

In these times of financial crisis locally, nationally and globally most people are turning to alternative ways to invest and earn money. One way to do this is to invest on home improvement projects. These projects, if done correctly and well planned, can generate thousands of dollars to the overall value of your home. There are typically two main areas in the home that can bring an immediate increase in value.

These two areas are the kitchen and bathroom. The kitchen is a place that many people desire to have a lot of floor space, light and counter space. A lot of people want to have plenty of room to prepare and cook food, as well as entertain their guests.

Begin by taking a look at your floor plans, blueprints or layout. If space is an issue, consider taking out a wall. Be sure that it is not a load bearing wall, or you will need to add in reinforcement to it. Also envision adding more cabinets and counter space if it is necessary. Take a look at your flooring and lighting too.

There are several flooring options to consider. The most popular flooring material is ceramic tile. This material can be laid professionally or by the home owner. You can purchase it in many sizes, colors and patterns. It is also a product that is relatively affordable, especially if the floor space is not too large. Be sure that if you choose to do this yourself, that you follow the installation instructions.

Other popular flooring materials for the kitchen are laminate wood floors and linoleum. Again, both of these items can be laid by the home owner, or seek professional help. Next, think about lighting. There are hundreds of options here. If you do not have natural lighting from windows, then think about more overhead and under the cabinet lighting options. Lighting alternatives include, fluorescent, energy efficient, solar, recessed, canned and others.

One more thing to consider in the kitchen is fixtures. These include faucets, sprayers, disposals, appliances and electrical outlets. A lot of people really like stainless steel appliances, but many times these are not included in the price or value of the home. Having plenty of electrical outlets is a big plus.

In terms of bathroom improvements, flooring and lighting are also big considerations. Other things like adequate ventilation, cabinetry, storage and fixtures are also important to consider. Tubs, showers and toilet placement and condition are also things to be aware of.

Popular flooring choices include tile and linoleum. Many people are also installing laminate wood flooring, but this can be costly. This is because you have to buy the more expensive, water resistant and mildew proof materials. A nice touch that is really not much more in terms of expense is to add heating elements underneath your floor tiles. This adds extra warmth and comfort. Adequate ventilation is critical. Without it, your painted walls will crack and peal. You will also have mold and mildew issues in and around your tub or showers.

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Adventure In Home Improvement

Tim the tool man here again with another episode of home improvement. This time as I strap on my trusty tool belt with hammer at the ready I am setting out to build an addition to our outdoor deck. The original deck when completed was 144 sq. ft. and it is a beautiful addition to our back yard. But, like everything I have always asked could I make it better and improve the original concept to allow more space for an outdoor kitchen. After all this is Florida home to eternal sunshine. According to our illustrious legislators though who have consistently stated that the sun is unreliable have done their best to keep solar energy from being a real alternative to easing the ever increasing utility costs. I must add with the latest news about climate change which concerns every living being on this planet our government officials are now considering adding sulfur dioxide into the atmosphere to combat global warming. The lunacy of this it is purely evident when all it would take is to use the green energy sources that are already available to reduce the effects that have made this planet almost uninhabitable.

Another aspect to the lunacy of government officials mainly our Republican led legislature is their refusal to acknowledge that solar energy is a viable and very reliable source of energy. In Florida they have made is clear that major utility companies like Duke Power, Progress Energy and Tampa Bay Electric who all derive their energy from fossil fuels and nuclear power will continue to suppress the affordability for home owners and developers from integrating solar energy systems to reduce and even substitute their energy from the major utility companies. As a result too many are slaves to the major utility companies. Even with the states largest solar farm, and reduced gasoline prices people are paying more per kilowatt used The energy costs keep increasing every year.

As a home owner it is also important to notice that a recent study has found that adding a solar power system to ones home increases it’s market value by over $15,000. Unlike adding a swimming pool which actually detracts from the overall value a solar power system is a well worthy investment but, in Florida too many aren’t able to add that kind of value to their home all because our Republican led legislature keeps refusing to allow legislation that would make solar power an affordable consideration for home owners and developers. In states like Georgia, Michigan and even California all have made the transition from traditional power sources more affordable for home owners, and developers to utilize solar and wind energy systems. Cost effective in every aspect without the need to keep paying those high end energy costs of all the major utility companies who by the way still depend on fossil fuel. This in itself is more than enough reason to realize that any attempt by government other than implementing green energy systems is a futile effort which only will keep us relying on the energy that powered the first and second industrial revolution. These fossil fuel sources are the greatest contributor and one of the greatest threats to mankind.

With that in mind time to start building our deck addition. Fortunately, the vacant lot next door was bought by Domain Homes, a major developer of single family homes. I must tell you that the homes that Domain builds even though they say luxury, are basically nothing more than cheaply constructed shells. Not my idea of how to design and build a home especially down here in Florida. But, that is another story. Putting that aside I managed to scoop up the leftover materials after the first phase of this new home was constructed. Now, I had to make a partial blue print design for our deck addition. With their surplus building materials I managed to acquire which included lumber, bricks, and cinder blocks I had to modify my design to accommodate the materials I got. This, to complete the design of our addition. To attach the flooring to the support floor I made my way to Home Depot for deck screws which was the only outlay of cash I had to make. Deck screws came to only $9. Think of building a deck for only $9, we saved a bundle of money.

Now, that I have enough 2×4′s, 2×8′s and even 2x 11′s all of varying lengths along with the cinder blocks which are used as the foundation for this new deck it is time to level the ground. With my trusty tiller, garden rake and yard roller I managed to level the ground. Next, I placed the cinder block foundation and used my yard level so that the deck would evenly match the height of our existing deck. All according to the blue print design that I made. As the foundation took shape next came the support floor which consisted of 2×4′s measuring 4 ft. To make sure each 2×4 was 4ft I used a jig saw. When that was done I place each 2×4 across the cinder block foundation. Now the basic structure was formed it was time to cut the lumber at 6ft lengths to overlay across the support 2×4′s. All my cuts were done with my table saw instead of the jig saw. This, to make sure that each floor board would be an exact fit according to my design.

As the last board was placed matching the height and adjoining our first deck it was time to grab my trusty drill to anchor the floor boards to the sub floor using the deck screws that I got form Home Depot. As I put the last screw in place my knees were sore from kneeling I stood up and gazed at the completed addition to our back yard. The real purpose for the cinder block foundation was to keep the wood even though it is pressure treated away from carpenter ants, termites and other assorted menacing bugs. Our soil in Florida is a haven for all sorts of menacing insects.

The final phase to make our two decks one is staining with a waterproof base stain of matching color. Luckily, I had just enough leftover stain from last years coating of our first deck. It took 1/2 gallon to complete both decks. In a few months before the end of May I will have to put a second coat of stain to make our decks withstand the summer heat and humidity along with preserving it from all the rain and incumbent weather that is sure to arrive. Now, as I stand back and really take a look at our completed expanded deck next comes to barbeque area that would make the back yard our little own vacation spot. But, that is another project. This is Tim the tool man saying see you soon.

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Making Sense of Home Improvement With Home Efficiency

Many home owners in Orlando and across the US frequently wonder to themselves: “What’s the best thing that I can do for my home as far as home improvement is concerned?” The question can be particularly nagging in a household that has considerable and recurring problems, both of a functional as well as a cosmetic nature. Many people will inevitably give into the temptation to simply address the cosmetic problems besetting their homes, treating such improvement projects as an end in and of themselves. Here, we would like to argue that this is both a mistaken approach and an unnecessary way to see the problems that arise in a given home-in any home, really. First of all, what home owners here in Orlando need to understand is that their central focus should always be efficiency, efficiency and more efficiency; secondly, they should understand that through following this approach they will still have ample opportunity to achieve the “prettiness” that they aspire to for their property.

Surely efficiency should never come at the cost of effectiveness when dealing with significant home improvement projects: that would simply defeat the purpose. Efficient improvement solutions for your home will hardly ever imply such a trade-off, however, so don’t look at the issue in that way. In fact, efficiency and effectiveness almost always go hand-in-hand when fixing up problems with your home. Consider the issue of insulation, for example: the most effective insulation solutions for a house are invariably going to be the ones that make the heating and cooling systems operate on a much more efficient basis. A perfect example of this can be seen in window replacement, an improvement project that more and more experts are recommending folks get done.

Replacing old windows eliminates drafts in a home in a way that few other projects will accomplish, and that will translate directly into greater efficiency in the heating/cooling systems. Furthermore (and as we indicated before regarding aesthetic concerns), this is a project that provides the opportunity to beautify a house significantly-just think about what a few new windows on the street-side of the house will do for its overall appeal and, as a consequence, its potential market value! The same notion applies for other efficiency-augmenting projects, such as replacing a home’s siding materials. These materials also play a direct role in the degree of insulation a home is able to achieve, and they clearly have a major impact on the pleasant (or unfortunate) effect that the house has on the eyes-whether those are the eyes of the home owner or the eyes of a potential buyer. The idea can be iterated and reiterated through various examples, but we think the point has been made clearly enough already.

In short, what home owners need to understand regarding home improvement is that efficiency ought to be their number-one priority; if not for their own sake (though that is a major prerogative) then for the sake of the global environment, which desperately needs households to consume less of its resources each and every day.

With the help of new sears windows you can achieve a more efficient home. Just take a look at the current Orlando sears windows specials available for you and pick one that will look good on your home!

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Home Improvement Stores – An Overview

Thanks to the popularity of home improvement programming on television, the last boom in the housing market and an influx of home repair magazines and media, the home renovation retail business is absolutely thriving. After watching how-to design programs on television and reading how-to articles in design magazines, homeowners are rushing out for paint, lumber, wiring and anything else they need for their next weekend project.

Another factor contributing to the surging interest in DIY home improvement are the costs of labor and contractors. As the expense of hiring help goes up, homeowners are increasingly likely to take on a project themselves, thus sending them to their local hardware retailer to stock up on needed supplies.

These same local hardware stores have gone from small shops to major, national retailers with huge chain networks. Examples of some of the larger home improvement stores include Lowe’s Home Improvement, The Home Depot, Home Hardware, Canadian Tire, Ace Hardware, Do It Best and Fred Meyer. These retailers can be found almost all over the United States and continue to expand into Canada, Europe and Asia.

The Best and Biggest Home Improvement Stores

As the largest in the country, The Home Depot is the hardware retailer of choice for the United States. Headquartered in Georgia, The Home Depot employs over 350,000 people and operates over 2,100 stores all over the world, including China. Second only to Wal-Mart for retail power in the United States, The Home Depot is the giant of home hardware supplies.

Lowe’s is the second largest hardware and home renovation retailer in the United States. Focusing their business model on service, Lowe’s takes aim at retaining a local store feeling. The Lowe’s chain began in North Carolina in 1946 as a single store and now operates over 1400 stores in the U.S. The chain is looking to expand into Canada and Mexico.

Another competitor that focuses on customer service and local emphasis is The True Value Company. By concentrating on quality service and extensive how-to programs, True Value is attempting to win over customers from large competitors like Home Depot or Lowe’s. True Value is also unique because it operates as a cooperative, meaning it is owned by its members. Essentially, it is a member-owned wholesaler and therefore is often able to deliver lower prices.

Finally, there’s Ace Hardware. A leader in global sales, Ace Hardware is also a cooperative, meaning most of their stores are owned and operated by a local dealer who owns a financial stake in the larger company.

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Electrical Home Improvement Project

If you are thinking of the next project for Electrical Home Improvement try one of the new home electrical systems. These “home improvement electrical” systems are very cheap to build and install, will also save you a lot of money in electricity bills from your provider. These systems can be an add-on one step at a time until your home becomes 100% self powering.

In the last 100 years our civilization has invented the airplane, gone to the moon and living in space. We have invented the electric tube and the printing press which have both developed and merged into computers and instant mass media access, and some of these had their beginning in small electrical home improvement projects developed in the back yard or basements.

Energy, the biggest Industry in the World has been left behind in the Stone Age by remaining total dependent on carbon fossil fuels. The majority of our Home Energy needs produced today come from Hydro Electric (dams), Steam (carbon fossil fuels) or Nuclear; these are very unfriendly to the environment contributing to the green house effect and global warming. There has been a few people working on home improvement systems to finding ways of alternate energy sources and have scaled these into a single affordable home electrical improvement package.

It has only been in the last 20 years that improvement to electrical home supply has been seriously looked at with the development of Wind, Solar and Magnetic Generators, and this is only because the general population started to become concerned about environmental issues. Our whole civilization is 100% dependent on electricity to make our life comfortable and achieve the all our advancements. Why then has the method of burning fossil fuels to produce electricity not changed in the last century?

There are alternative home electric systems available to you that are home size that come in the form of electrical home improvement plans or kits. They are easy to build or install, safe to operate, affordable and will supply enough electricity to operate your entire home.

The two main benefits you receive by taking on one of these electrical home improvement projects:

1. Save your money by not paying for electricity.

2. These systems operate pollution free and you will be helping to reduce global warming.

Let us be honest here, the electricity supply companies are not going to sell you a stand-alone free electrical home improvement system, in fact can start manufacturing a system without encountering massive opposition. This is why these electricity producing electrical home improvement projects are sold on the internet. You can build them at home with materials from your local hardware store or buy a assembled kits and have the system install any local handyman can do this.

The different types of Electrical Improvement projects for alternative home electricity systems and be found at the links located within this article. There is a lot more detailed information at this review site to a comprehensive comparison of the advantages and disadvantages of each electrical home improvement project type.

Danny Fisher has been working in the Oil and Coal Energy Industry for the past 20 years. The majority of his time has been spent overseas in developing countries and has acquired some very unique inside knowledge of how the energy world thinks. He has become concerned at the increase in Fossil Fuel consumption and the lack of motivation by Industry and Governments to explore and implement existing alternative energy. He has researched the alternatives and has found low cost existing home electricity systems that require a small effort to make a home 100% pollution free and no change to current the life style. For more background information on how electricity is made and the existing alternatives follow this link Alternative Home Energy Sources Site

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The Unintended Consequences of Globalism

Globalism might be good for the world economy as a whole, but does not necessarily mean it has been good for the American worker. Whether intentional or unintended, the American worker has suffered through the philosophy of free trade. Do not miss quote me, Globalism has a lot of positives. Now more than ever the people of earth are connected through the internet and can communicate information faster than any other time in history. People are exposed to different cultures and ideas, and the free flow of information is exponentially evolving our society. “Free trade” plays a big part in globalism, which is why there has been a “backlash” from non-college educated workers in wealthy countries in direct response to the effects of free trade policies. When wealthy counties openly trade with developing countries it can overvalue the wealthy countries currency, which in turn makes imports cheaper while exports become more expensive. However, according to the Economic Policy Institute, the real culprit is not the valuation of the dollar and the increasing trade deficit. (Bivens, Economic Policy Institute)

The USA has increasingly shifted its economy from manufacturing to services like banking and investing. It is cheaper to import products of manufacturing from a country that has extremely cheap labor than it is to employ American workers in the United States. This in turn means there now is a premium on college educated Americans who are filling job openings within the service industry. On the other side of the coin, manufacturing jobs are leaving the country and lowering wages of workers without a college degree. This fact coupled with increasing technology that replaces workers and a trade policy that out prices “expensive” American workers is leading to decreased wages. As the US trades more with developing countries as a percentage of GDP, the wages of unskilled workers continue to decrease. (Slaughter and Swagle, International Monetary Fund)

Though Globalism has a net increase in GDP and employment for countries involved, most of the gains from free trade is disproportionately received by the top 1% of Americans. Policies that protect corporations and their interest at the expense of the American worker exacerbate the problem. Trade policies like NAFTA and others have little protections for workers and heavily favor the multinational corporations that seek to benefit from free trade. This only adds fuel to income inequality, which for poor countries can increase economic growth while having a negative effect on rich countries. Rich countries are also at higher risk of financial crisis when they have high levels of income inequality. (Malinen, Huffington Post)

Globalism and free trade are linked very close together, which is why there is a stigma attributed to the word. There has been growing resentment within the US and other wealthy nations of globalism as a whole. They do not just condemn free trade, but openly blame minorities and marginalized groups for their decrease in wages and “eroding” their cultural dominance that they claim dominion over. This is a deadly cycle, as income inequality only feeds this type of behavior. In a country that is not adequately educating its people, more of the workers within its country will become more ignorant. With free trade putting a premium on college educated workers and decreasing wages of unskilled labor, we are now almost at a tipping point, socially and economically.

Globalism has many unintended consequences that inadvertently caused huge social and economic problems within the US. The problems that globalism is causing is not a hard fix. Reducing the income inequality will eradicate more of the negative effects of globalism. Universal Education, Universal healthcare, and a rewrite of our tax code are just a few ways to reduce income inequality. All of these possibilities are well within our means. We have to take care of these problems swiftly, before globalism becomes an integral part of our own decline. (Mason, Post-Gazette)

Bivens, Josh. “Using Standard Models to Benchmark the Costs of Globalization for American Workers without a College Degree.” Economic Policy Institute. N.p., 22 Mar. 2016. Web. 25 Apr. 2017.

Malinen, Tuomas. “The Economic Consequences of Income Inequality.” The Huffington Post., 17 Dec. 2015. Web. 25 Apr. 2017.

Mason, Bob. “Single-payer Health Care Would Help to Treat Three Separate Threats.” Pittsburgh Post-Gazette. N.p., 26 Oct. 2014. Web. 25 Apr. 2017.

Slaughter, Matthew, and Phillip Swagel. “Economic Issues 11–Does Globalization Lower Wages and Export Jobs?” International Monetary Fund., Sept. 1997. Web. 25 Apr. 2017.

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Global Trends in the Cosmetic Industry

Cosmetic dyes and colours: Explained

Cosmetic colours are also known as cosmetic lakes. These colours are produced by taking the help of absorption of dyes that are water-soluble onto a substrate. It makes the colour insoluble in water. Cosmetic lake colours are made by making use of unique technology. The technology helps in attaining extremely fine particles. These particles help in achieving shade consistency. In comparison water soluble colours, cosmetic lakes are much more stable & safe. They also generate vivacious and brighter colours. It has been seen that cosmetic pigments and lakes are more suitable for food products that contain fats and oils. They are also suitable for those products that do not contain enough moisture for dissolving colours.

Cosmetic dyes, on the other hand are used for making cosmetic colours & products. These dyes are widely used by the cosmetic manufacturing industries and businesses all over the world. They are primarily used for manufacturing hair dyes, lipsticks, nail polishes, shampoo as well as other personal care products. It has been seen that generally water soluble & food dyes are very easy and safe to use. These dyes are mostly used for a wide variety of applications. They include cleaning chemicals, soaps, medicine, cosmetic products etc.

Know which ones are safe for use

Be it the use of any type of cosmetic dyes or cosmetic colorants safety of use is a primary consideration. Cosmetic colours and cosmetic dyes often make use of a wide range of synthetic colours. These are often referred to as FD&C colours. They are mainly extracted through coal tar and are basically a by-product of petroleum. Research shows that some particular coal tar based dyes lead to different types of cancer. This is why the FDA regulates them. They also determine the arsenic or lead amount they contain. Thus there are many restrictions in the use of such colours.

Some global trends in Cosmetic dyes and cosmetic colours

Worldwide it is seen that North America, followed by Europe, has the largest market for colour cosmetics. This is due to innovations in colour cosmetics. Other factors also include high consumer disposable income and frequent new product launches in colour cosmetic market in the region. However Asia too is expected to show high growth rate in the colour cosmetics market in next few years. This is on account of the increasing consumer incomes and rising in awareness about personal care products in the region.

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Economic Turmoil and the Future of Brazil

For many years, Brazil has been an emerging economic hub, attracting investors from all over the world. The Brazilian economy saw an 368% increase in Gross Domestic Product growth from 2003 to 2011. In addition, Brazil took in almost half of Foreign Direct Investment flowing into South America during 2015. This doesn’t come as a surprise since it reigns as one of the major emerging national economies. However, Brazil has seen a recent economic downturn with increasing unemployment and a contracting GDP. In fact, the Brazilian government cut 2017 GDP expectations from 1.6% to 1% growth. Having been one the most lucrative foreign investments for governments to individual investors, what happened to the so-called “Country of the Future” and can Brazil regain its momentum?

Back in 2015, recession hit Brazil hard and the country is still struggling to get back on track. According to the CIA World Factbook, the economy contracted 32% from its peak in 2011 and unemployment reached a new high at 12.6% in 2016. Being based mostly on services, agriculture and oil, Brazil’s economy has a direct correlation with global demand. With global recession looming, Brazil is feeling the effects of a slow world economy.

Brazil is a top tourist destination offering beautiful beaches, a diverse culture and exciting festivals. However, with the world economy slowing down, people are less likely to travel abroad. Since the majority of the country’s GDP derives from the service industry, Brazil will not be able to rebound any time soon unless there is a major boost in consumer confidence.

The demand for Brazilian exports was slashed when its largest trading partner, China, entered into an economic slowdown of their own. The decrease in exports caused massive layoffs throughout the nation. The notorious economic downward spiral began by wary consumer spending as unemployment rose. Companies that tried to gain capital by borrowing in U.S. dollars found it difficult to pay back those loans as the Brazilian Real crashed 25% in the span of a year in 2015.

One of the major hits came from low oil prices and the corruption of Petrobras, a large oil company and Brazil’s largest source of investment. Brazil is major producer of oil, exporting $11.8 billion worth in 2015, according to the Observatory for Economic Complexity. OPEC delivered a major blow when the cartel decided not to cut oil production, causing oil futures prices to plunge. In order to cope with heavy losses, Petrobras was forced to sell off assets and halt future research and expansion plans.

As if things weren’t going poorly, Petrobras was also caught in a scandal with former Brazilian president Dilma Rousseff and other high office executives. From 2004 to 2012, the company had spent over $2 billion on bribes to politicians whom would allow the company to charge inflated prices for construction contracts. Now that the scandal has unfolded, Petrobras executives face jail time and the company as a whole is forced to pay billions in fines.

So what does the future hold for Brazil?

Although at the moment the future looks dim, there are still signs of hope Brazil can turn itself around. The Real has seemed to stabilize in 2016 and heads into 2017 with an upward trend. Moreover, experts’ GDP projections for 2018 through 2020 show promising figures that Brazil can restore pre-recession level growth.

Even more promising, U.S. companies are still showing faith in Brazil’s future. American Airlines plans to invest $100 million in an aircraft maintenance center in Sao Paulo. Brazilian Investment Partnership Minister Wellington Moreira Franco and many countries like the United States, United Kingdom, France and Japan agree there are still reasons to invest in Brazil. This should be seen as a sign of confidence that the Brazilian market will grow soundly with the support of both national and international investment.

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The Effects Of The Global Trade Agreement

We live in a world that is increasingly getting connected. In such a world, trade agreements are bound to expand internationally, and to think and act otherwise would be downright stupid.

These global trade agreements, as such, are either bilateral or multilateral understanding between two or multiple countries and govern the trade policies between them. These agreements have a massive impact on worldwide trade and investments and are one of the major causes responsible for shaping business relationships across the globe. And while such agreements might not affect directly affect the place where you live or operate, being aware of the current trade agreements can definitely uncover numerous opportunities.

Forming up opinions is up to you; we do not intend to initiate an argument over how good or how bad these global trade agreements are. This article aims to get you familiarized with such agreements and tell if your supply chain could be affected or not.

While a few countries have settled upon free trade agreements and are in the process of widening them, a number of other nations have formed common markets and unions; this form of development can a have a thorough effect on small-scale businesses.

Two of the most common agreements are the Trans-Pacific Partnership (TPP) between Australia, New Zealand, Singapore, Canada, Brunei, Peru, Mexico, Chile, Malaysia and Japan, and the North American Free Trade Agreement (NAFTA) between Canada, United States and Mexico.

Now, how such agreements impact your local business’s supply chain depends on a simple fact; whether your business is an importer, exporter or neither.

Scenario 1: You neither import nor export

It’s fairly easy to decide whether you are an importer or not, right? I understand that you do not directly source products from a foreign supplier, and technically speaking, that doesn’t make you an importer. However, trade agreements can still impact you. Your suppliers are directly affected by such regulations, and this vulnerability can affect your supply chain.

Keep the distinction in mind.

Scenario 2: You identify yourself as an importer

Owing to the low cost manufacturing in some countries, many small scale suppliers are able to compete with global giants.

With a trade agreement between two countries, most of the times, the country with lower labour costs benefits when the trade tariffs are lowered or eliminated. With trade agreements, importers usually get to source low-cost goods and it allows for the unrestricted movement of such low-cost goods through higher cost partner nation.

In case, such an agreement is dissolved, an importer would inevitably face a higher cost of goods and thus look for cheaper sourcing options, decrease their operational costs, and ultimately increase the prices, which would be borne by the customers, of course.

Scenario 3: You are an exporter

This even counts if you sell products that another firm exports because at some point or other, taxes would be levied on your sold goods. So how does it affect you? Your customers end up paying higher amounts for your products.

With a trade agreement in place between the country where the product originates and the receiving country, the very same products would move through the receiving nation freely. In such cases, you’d definitely want to keep such an agreement intact and leverage this competitive advantage you have in this particular country bound by trade regulations.

As a small or a medium sized business, it is therefore important for you to identify where your business lies with respect to global trade agreements.

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The Paramounted Importance of Critical Analysis in International Trade Policies

International trade is largely based on the constant fluctuations in the world-wide economy, this resulting in constant changes with regards to tariffs, trade subsidies and unending amendments of regulations with regards to international trade. “Trade policy and economic Growth”, a paper by Keith Maskus, PhD, focuses on the relationship between trade policies and the growth of the economy or lack thereof, the main point of interest of the paper was to establish whether the variance of trade policies will affect the economic growth of any country. The conclusion reached was that open economies tend to grow faster than closed economies, ceteris paribus. therefore concluding that open competition is good in the sense that it improves resource distribution and the country gains in Investment and innovation.

An organisation that is involved in international trade has to pay special attention to such information. There might not be any countries with closed economies however there are countries that have low imports to the point that they are regarded as closed economies for instance Brazil. In 2011 Brazil recorded 13% as its import percentage which was quite low for a country of its stature. Is it not then imperative to constantly be up to date with changes in the trade policies of countries one is interested in pursuing trade relations with? since there is a proven positive relationship between the openness of an economy to competition (thus meaning the country is greatly involved in trade) and the growth of that country`s economy, this serves as an indication of how lucrative and profitable a business venture would be under such circumstances. The Critical analysis aspect then comes into play by determining how much gain or loss would result from substantial changes to the policies, which are measures and instruments that can influence export and imports, the objective being the policies influence the trade sector to the result of profit for the business venture. one might feel a degree in commercial management is then needed in order to fully understand all the kinks and edges of the international business, and they would be right, but the eventuality is that it will always boil down to intelligence and efficiency in the analysis of trends, calculation of potential profit/loss, predictions of future stability or fluctuations in the world economy prompting changes to prices in the trade sector.

There is one other important factor that can alter potential business plans, and that is the politics of the country in question, policies are easily influenced by the politics of the nation, and it is thus advisable that critical analysis be also engaged, this results in better understanding of the country and its stability thus reducing the chances of incurring a bad business eventuality. Nations are not governed by robots, unfortunately, but are governed by people with interests and human nature desires to differ from individual to individual making it difficult to maintain a constant effective system. if politicians are elected they tend to focus on altering policies for their own benefit, and the benefit of those they promised (if there are still honest politician available) from that point it is important that international business consider such factors before pursuing business. Prime examples being, whenever there are strikes in South Africa investors tend to shy away, and most of the strikes are birthed from political influence, thus deeming South Africa an Unstable nation to invest in, or Zimbabwe a nation sanctioned, due to political infringements, making the country undesirable for investment irregardless of the profitability of the business idea. It is thus an excellent idea to firstly research in-depth to the politics of the country before hand and invest with,much-needed information, guiding the innovative decision made.

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