Isla Hughes

Isla Hughes

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How Globalization is Transforming Trade for Good

Globalization has allowed agricultural production to grow at a fast rate. A few decades ago the growth rate was around 3% which has increased to 5-10% in recent times resulted from the full scope of export and import markets and easy availability worldwide

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The Basics of Tariff & Trade barriers

Its effects on the domestic market can also affect world markets as more supply and less demand reduce imports. If a country imposes tariffs on large trading countries, global prices can also fall

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Agriculture & Trade growth in The Baltic Region

Agriculture remains important in the economy with huge productions of Potato, Cereal grains, and Fodder crops. Almost 25% of 1.7 million square km area around the sea is used for agro cultivation with millions engaged in farming.

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