Category: Trade

EU-China Trade Issues

Introduction. Trade relations from the past four decades between the European Union (EU) and China- the major geopolitical players have been facing concavity with the EU identifying Beijing as the systemic rival, because China...

Fluctuation in Import substitution

In the ‘50s in order to support their home country made products and to promote industrialization and economic growth, it was believed by many economists that policies to restrict imports; import substitution is the...