From the perspective of new growth models and new international trade theories, both exports and imports play an important role in a dynamic economy. Economically, we cannot merely emphasize on a positive trade balance and we ignore the benefits of imports, and also we cannot advise negative trade balance. But the main concern of policy makers about international trade should be making stabilit...

In this article, real exchange rate behavior and its effects on macroeconomic variables are studied by explaining two models; impulse function and forecasting predicted error decomposition. Studies show that high artificial currency value has caused domestic and foreign accounts equilibrium disturbance and foreign income decrease due to the slackening of commercial and agricultural activities, ...

from the perspective of new growth models and new international trade theories, both exports and imports play an important role in a dynamic economy. economically, we cannot merely emphasize on a positive trade balance and we ignore the benefits of imports, and also we cannot advise negative trade balance. but the main concern of policy makers about international trade should be making stabilit...

[1] Global food security increasingly relies on the trade of food commodities. Freshwater resources are essential to agricultural production and are thus embodied in the trade of food commodities, referred to as ‘‘virtual water trade.’’ Agricultural production predominantly relies on rainwater (i.e., ‘‘green water’’), though irrigation (i.e., ‘‘blue water’’) does play an important role. These d...

the process of globalization is changing the world economically, politicaly, socially and culturally. globalization in the general sense is the greater integration of the national economies in the world and it is a much discussed phenomenon. greater integration has many effects on the structure of production in national economies, the roleof multinational corporation and foreign direct investme...

that restrict trade between countries in agricultural commodities. Many of these policies are now subject to important disciplines under the 1994 GATT agreement that is administered by the World Trade Organization (WTO). The paper is organized as follows. First, tariffs, import quotas, and tariff rate quotas are discussed. Then, a series of non-tariff barriers to trade are examined, including v...