The European Union (EU) is a large and powerful economic area. With a gross domestic product of around 19 trillion dollars in 2018, the EU has a similar economic size as the United States of America. It is home to…
Global rules of trade provide assurance and stability. Consumers and producers know they can enjoy secure supplies and greater choice of the finished products, components, raw materials and services they use. Producers and exporters know foreign markets will remain open…
Africa is a resource-rich continent, specializing in fuel, mineral and agricultural exports. Statistics on revealed comparative advantage (RCA) show that Africa exports proportionally more primary products than most other regions. Crude materials, which include ore, metal, wood, cotton and other raw…