Free Markets Case Study

Implications on Free Markets on Global Business Today in our society we are faced with many problems, which isn’t something we should always be faced and fighting with. Instead of dealing with these problems we should have a way that already works where we are just trying to perfect this method so that its cost is as low as possible, and so that no problems are caused. Global business has always been a major propriety for every country and will always continue to be one till the world ends. Without Global Business our country would not be able to interfere with any other country and we wouldn’t be able to comprise on any problems that this world brings to us. Global Business has given us the ability to trade for products that can’t be made

This has been a huge increase to total revenue in other countries to provide for these. For example, countries similar to China have introduced this form of business to their community and it has really had a lasting impact on them. Another example of this is the Chinese Town in New York City, here you can go buy merchandise form another country that is just a knock off brand for 1/5 of its price. Here you are giving up just a little bit of your money to someone who is going to use that money to make the same product or along the lines of the product, based on what they sell. I think continuing this form of business is an easy way to have countries talking to each other and a nice way to earn

The European Union and the United States share the largest two-way trade and investment relationship in the world. In 1995, the US had a trade de cit with the EU of $8.3 billion, $3.4 billion less than that recorded in 1994. In 1995, US merchandise exports to the EU were $123.6 billion, an increase of $15.9 billion from those in 1994. US imports from the EU totaled $131.9 billion in 1995, or 10.4 percent greater than those in 1994. The stock of US foreign direct investment in the EU was $256.1 billion in, an increase of 6.9 percent over that in 1993 (“1996 National Trade”).”(Geiersbach). In other words, he is saying that international trade is helping out both sides, where you are going to have to give up something as in money or product and you will be rewarded because of it. We are brought into many situations like these today, where we need something to form something else and then maybe the only place to get it is by trade, we are left with one option. Free market trade has been a huge impact on global business and will continue