The Definition of Trade Restrictions in Economics

In economics, a trade restriction is any government policy that limits the free flow of goods and services across borders.....

What Is Trade Restriction.....

A trade restriction is an artificial restriction on the trade of goods and/or services between two countries......

Types Of Trade Show Booth

Still deciding on the size, location, or configuration of your next trade show space?

5 Types of Trade Show Exhibits That Are Right for You

Once you have decided your company needs a presence at an upcoming show with a trade show exhibit, it is important to understand the ins and outs of trade show booth selection.......

TYPES OF EXHIBITIONS

Exhibitions and conferences involve different types of input and fulfill different functions for the organisations taking part in them......

TYPES OF TRADE SHOWS....

Trade shows can be categorized into three major groups: industry trade shows, consumer trade shows, and trade shows that cater to both industries and consumers......

Benefits Of Trade Shows

Trade shows have traditionally been a very popular way to market your product, service and business......

What A Trade Expo Is......

A trade fair (trade show, trade exhibition, or expo).........

History Of Trade Expos

Modern trade fairs follow in the tradition of trade fairs established in late medieval Europe, in the era of merchant capitalism.......

What Is Trade? Meaning And Nature

Trade refers to buying and selling of goods and services for money or money's worth. It involves transfer or exchange of goods and services for money or money's worth......

Advantages And Disadvantages Of International Trade

Advantages of international trade



– Comparative Advantage: trade encourages a nation to specialize in producing or supplying only those goods and services which it can deliver more effectively and at the best price, after taking into account opportunity cost.

– Economies of Scale: if you sell your goods globally, you will have to produce more than if you sold just domestically. Producing in higher volumes provides greater economies of scale. In other words, the cost of producing each item is lower.

– Competition: international trade boosts competition. This, in turn, is good for prices and quality. If suppliers have to compete more, they will work harder to sell at the lowest price and best quality possible. Consumers benefit by having more choice, more money left over, and top-quality goods.

– Transfer of Technology: increases thanks to international trade. Transfer of technology goes from the originator to a secondary user. In fact, that secondary user is often a developing nation.

– Jobs: great trading nations such as Japan, Germany, the UK, the USA, and South Korea have one thing in common. They have much lower levels of unemployment than protectionist countries.

Disadvantages of International Trade

– Over-Specialization: employees might lose their jobs in large numbers if global demand for a product declines.

– New Companies: find it much harder to grow if they have to compete against giant foreign firms.

– National Security: if a country is totally dependent on imports for strategic industries, it is at risk of being held to ransom by the exporter(s). Strategic industries include food, energy and military equipment.

Asia Stocks Struggle As Global Woes Persist

Asian stocks edged lower on Wednesday as concerns, ranging from worries about U.S. corporate earnings to Middle East tensions, weighed on sentiment while crude oil approached two-month lows after Saudi Arabia flagged possible supply increases......

5 Investment Ideas For Retirees

When you have the cash -- at retirement, for example -- but can't come up with a good business idea to put your money into, every business idea that comes around will always sound cool.....

Tutorial For Beginner Investors

Investing is a tool for building wealth, but it is not only for the wealthy. Anyone can get started on an investing program, and various vehicles make it easy to begin with small amounts and add to a portfolio periodically......

REASONS WHY YOU SHOULD INVEST IN NIGERIA

If there are any investors out there thinking about why they should invest in Nigeria,then here are some indicators which can help in your decision making process.......

12 Ways To Find International Buyers For Your Import/Export Business

Getting international buyers for an import export business is one of the biggest challenges many entrepreneurs face.....

11 Legal Requirements For An Import And Export Business in Nigeria

Starting an import and export business in Nigeria is beyond just wanting to register a company. It involves tying up all loose ends and ensuring you’re completely in line with the law......

How To Start An Import/Export Business In Nigeria

The import/export business is the key driver of growth or recession in any country.......

11 Investment Opportunities In Africa

Africa, especially Nigeria, is widely touted as a land of opportunities and immense wealth, and this isn’t far from the truth......

6 Criteria You Must Meet Before Investing In Nigeria

Now for those who are eager to start a business or invest in Nigeria, there are a few criteria you must meet; so as to ensure you are well positioned for success........

6 Reasons Why You Should Start A Business In Nigeria Today

1. Now Nigeria still remains a hub for most entrepreneurs and investors.....

28 Small Scale Business Ideas And Investment Opportunities In Nigeria

1. Livestock Farming

Do you know that one of the fastest growing business opportunities in Nigeria is catfish farming? The primary reason I listed catfish farming as one of the fastest business opportunities in Nigeria is because it’s an emerging industry that hasn’t reached its peak or full potential......

Nigeria - Asia Week and Trade Expo

Nigeria - Asia Week and Trade Expo,World Trade Summit and Expo,opens up unique opportunities in New Markets and Trade can help facilitate connections with key stakeholders,networking with peers and access to potential Business Partners,Investors and great opportunities.Ease of doing Global Business and Trade in Nigeria/Africa.

THINGS YOU SHOULD KNOW ABOUT NIGERIA - ASIA WEEK & EXPO

PROGRAM STRUCTURE

The Business Mission comprised 70 Programs over 2 weeks in Seven (7) Asia Countries, Selected Locations, Sectoral Programs, featured: Business Meetings, seminars, roundtable, Business Dinner, Global Trade Talk, Conferences, Infra structural and Industrial site seeing, site visits, showcase & Expo and Opportunities for Networking, Trade with Nigeria/African Business Leaders, Captain of Industry and Top Government.

TRADE EVENTS

The Nigeria - Asia Economic and Trade partnership on Business and Trade Opportunities. 

INTEREST EXPRESSION

Nigeria Business Leaders are invited to express an interest in joining Future Business delegations (Trade Mission), which often accompanying Top Business Leaders/ Owners/state, Federal Government Ministries and agencies on overseas trade visits, participating in 

OPPORTUNITIES

Nigeria - Asia Week and Trade Expo, World Trade Summit and Expo, Organised Business Mission can open up unique opportunities in New Markets and Trade can help facilitate connections with key stakeholders, networking with peers and access to potentials Business Partners, Investors and great opportunities. Ease of doing Global Business and Trade in Nigeria/Africa, Remain Strong.

STRATEGY

A Business delegation mission of top/senior Nigeria Business Leaders, Representative and government officials participating in 7 targeted sectoral Programs and project. 1. Education 2. Smart infrastructure development/Innovation 3. Life science and digital health 4. Agribusiness - food value chains 5. Mining equipment technology and services (METS) 6 industrialization 7. Energy

TRAINING EVENTS

We also organize International Training Program to encourage indigenous contents, by Training, Educating and Empowering, indigenous start-ups and our next generation professionals on advanced technologies and innovations in World class Institutions for a better future.

Nigeria - Asia Week And Trade Expo

Showcasing Investment Opportunities In Nigeria.....

WHY INVEST IN NIGERIA?

1.Nigeria is strategically located in the gulf of Guinea with direct freight access to North America,Europe and Asia.


2.Nigeria's Central Location in Africa makes it easy to reach other countries in West Africa,and its location in Gulf Guinea makes it better transit hub to other landlocked African Nations.

3.The largest economy in Africa and 22nd largest in the world.


4.considered to be an emerging market by the World Bank.


5.Among the 10 fastest  growing economies in the orld Nigeria has also attracted the most EDI capital in the last five years and 2nd most EDI projects in Sub-Saharan Africa.

6.Project to be the first Afica's Trillion Dollar economy by 2030.


7.Very low VAT regime-5%.


8.Nigeria offers one of the most rewarding investment returns ,not in Africa but in the world.

SOME SUCCESSFUL ASIAN COMPANIES IN NIGERIA

- China Metallurgical Group Corporation
-China Poly Group Corporation
-CITIC Group
-COSCO
-Dalian Wanda Group
-Fosun International
-Beijing Enterprises
-Beijing North Star
-BYD Company
-China Aerospace Science And Technology Corporation
-China Merchants Group
-China Construction Company
-Toyota
-Samsung
-Hyundai
-Kia Motors

Nigeria Asia Week & Trade Expo (the Business, Investment, Trade and Economic Exchange)

Nigeria Asia Week & Trade Expo is an annual bilateral innovative, business and economic platform to enhance joint trade, investment and economic opportunities among nations involved......

Nigeria Asia Week & Trade Expo

In pursuit of this objective, the program undertakes a wide range of activities which include the following:

Nigeria Asia Week & Trade Expo

Nigeria Asia Week & Trade Expo is an annual bilateral innovative, business and economic platform to enhance joint trade, investment and economic opportunities among nations involved......