International trade - THAI AND JAPAN (JTEPA) Free Essay, Term Paper and Book Report
International trade is a distinct field that has a long tradition of drawing on exchange of capital, goods and services across international boundaries or territories. Trading globally gives consumers and countries the opportunity to be exposed to goods and services not available in their own countries. (Investopedia) International trade theories are divided in to variety of numbers. International trade has been put down on much of history; Not only is includes multinational corporations, it also concerns the relations in industrialization, globalization and free trade as well. In this report, I will focus on the liberal theory of economics partnership between ASEAN countries and briefly analyze the ASEAN relationship with WTO and the challenges that it needs to adapt to international trade world and furthermore talk about the agreement on economic that Thailand has with Japan. The concept of economic liberalism or market liberalism move towards a free market economic system and the subsequent demise of the mercantilist system. Today, the liberal theory of economics is strongly assoc......
Word Count: 1718
Page Count: 6.8 (250 words a page / double spaced)
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