Term
| Why decreasing exports is particularly bad for countries like Singapore and Hong Kong? |
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Definition
| They are important trade hubs |
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Term
| What is the obvious cause of falling trade? |
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Definition
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Term
| What is the global trade closely related with? |
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Definition
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Term
| How did the European Union imports change since 2011? |
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Definition
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Term
| How did the Middle East imports change since 2011? |
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Definition
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Term
| What are the three factors to forecast global trade (by IMF)? |
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Definition
strengthening economy
looser policies in the euro area
emerging markets will be successful |
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Term
| What is the relation between GDP and global trade? |
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Definition
| trade has generally grown faster than GDP in recent years |
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Term
| Why trade finance is important for exporters? |
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Definition
| a lag between incurring costs and receiving revenues, a gap bridged by short-term finance loans |
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Term
| What is the role of the large euro-area banks in global trade? |
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Definition
| accounted for 36% of global trade finance in 2011 |
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Term
| Why the euro-zone banks have been cutting back their trade-financing operations? |
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Definition
| international trade takes place in dollars, and euro-zone banks find it harder to access dollar liquidity |
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Term
| What is the current condition of increased protectionism? |
|
Definition
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