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Showing posts from February, 2020

International Trade: It's Positive effect on a growing nation.

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INTERNATIONAL TRADE : IT'S POSITIVE EFFECT ON A GROWING NATION ................. courtesy of Trade Nigeria In our world today, nothing can be done without an exchange of some value for value, which involves money, ideas, product and technology. Because of this there is direct effect on the economy of any nation, either positively or negatively. Trade can be traced back to the need for exchange, which evolved from the barter system to the money system. Trade in Africa, however, became popular with the advent of the colonial rule that brought in their wares and made Africans their intermediaries. By this, Africans understood the need for trade both domestically and internationally. International trade can be seen as exchange of goods and services that exists between two or more countries of the world. International trade occurs due to differences in natural resources endowments, technology, demand, existence of economics of scale in production, financial capital and exis

About Globe Chamber of Commerce and Industry :An affliliate of Trade Nigeria, an Organization that focuses on international trade and investment.

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Globe Chamber of Commerce and Industry (GCCI) is an independent, non-political and  non-profit global organization dedicated to fostering international trade, cultural and humanitarian cooperation. The GCCI organize initiatives and events targeted at furthering these aims. The GCCI develops partnership and acts as a liaison between international and local businesses, supporting efforts from embassies, consulates, multilateral organizations, bi-national chambers of commerce, and businesses promoting global commerce, economic, cultural and social exchange. GCCI is an affiliate of Trade Nigeria, a business organization that enhances the growth of businesses in Nigeria, a business hub for investors and one of the leading trade centres in Nigeria and Africa at large. GCCI stimulate transatlantic trade and investments, facilitate global business development, and enhance relationships between professional and global organizations. The GCCI is a business network that of