That is supposed to have become one market which does not entail any tariff distinctions between the nations. But it should be noted that some of the analysts feel that it will never become a single entity market, but will remain separated into different varying national markets. The reason is being ascribed to "cultural, informational, logistic barriers and perhaps remaining discriminatory barriers all of which imply an incurable tendency

The globalization of poverty has indeed occurred during a period of rapid technological and scientific advance. While the latter has contributed to a vast increase in the potential capacity of the economic system to produce necessary goods and services, expanded levels of productivity have not translated into a corresponding reduction in levels of global poverty." (Chossudovsky, 1998) The ability of corporations to easily pick up and move into cheaper labor

IMF and World Bank in global financing and exchange rate fluctuations The International Monetary Fund plays a crucial role in the world's economy, especially in global financing and exchange rate fluctuations. However, its influence ranges well beyond those disciplines. The main responsibility of the International Monetary Fund is to provide loans to nations experiencing balance of payments difficulties. The International Monetary Fund's involvement allows these countries to stabilize their currencies, rebuild

International trade permits the companies that interact in the international commercial environment to explore other opportunities existent on the market, and the letter of credit gives advantages for every interested party. Economic growth is enhanced by increased commercial activity, due to some extent to the development of these payment instruments, like the letter of credit. The letter of credit is used by many commercial players in the world market, especially

They state that the FOREX market represents "the market in which participants are able to buy, sell, exchange and speculate on currencies. The forex markets is made up of banks, commercial companies, central banks, investment management firms, hedge funds, and retail forex brokers and investors. The currency market is considered to be the largest financial market in the world, processing trillions of dollars worth of transactions each day" (Investopedia,

Global Financial Strategy Critical assessment of the proposal to raise capital locally rather than in the UK In the analysis of the proposal of raising capital locally rather than in the UK, it is essential to consider four critical aspects: costs, risks, benefits/advantages, and limitations/disadvantages. In the presentation of this critical assessment, the focus will be on the four factors or aspect in order to offer reliable analysis of the situation. Costs In the