Author: Maddy Guzman

While the U.S. economy has been hailed as stellar over the past decade, the rise of the trade deficit has become a persistent topic of debate. Despite robust economic growth, … Read More

Letters of credit (LCs) offer a way for exporters to secure financing from other firms. These letters of credit are valuable tools for minimizing risk in an uncertain trade. Although … Read More

If you’ve been wondering about the Stock Market Hours and Holidays, you’ve come to the right place. You’ll find out when the NYSE and NASDAQ open and close, and what … Read More

What are trade barriers? Trade barriers are artificial restrictions imposed by governments that raise the price of traded goods. These trade barriers often result in a trade war. Economists generally … Read More

Using point-of-purchase displays in retail locations helps drive sales of low-cost items. These point-of-purchase displays may be candy, magazines, or sweepstakes. Similarly, trade oriented sales promotion focuses on dealer networks … Read More