viernes, 8 de abril de 2011

INTERNATIONAL ECONOMICS

 The international economics is built or made ​​through four important aspects are: Reasons for Trade, Exchange Rates,  Comparative Advantage,Balance of Payments and Absolute Advantage. Where can to show differents dimensions of the international economics as in the reasons of the trade the access to different goods,scale economies,generates economic growth and others; respect of comparative advantage have fortune of specialisation of the production.


The Advantage of Trade are appreciation of the Exchange Rates, managed floating, different opportunity cost ratios, Specialisation of the production,stimulation of trade in goods and services. Which leads to improvements in the terms of trade as long as they maintain beneficial relations actors and multerateral bilateral trade.
 The Disadvantages of  international economics are factor endowments,speculation in the world market, differences in interest rates, depreciation of exchange rates;which generate risks in terms of exchange, causing the so-called financial crisis, the increase in countries' external debt, poverty and misery, inequality and at the same time the destruction of the environment acelarada unbridled excess production.  

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