Explore marginal propensity to import (MPM) and learn how changes in disposable income affect import levels. Discover its ...

President Donald Trump on May 12 announced that the U.S. and China had agreed to lower the escalating tariff rates on trade for the next 90 days. Massachusetts’ top export, gold, goes mostly to China.

Discover how drawbacks offer tax rebates for businesses that import and export goods, reducing tax burdens and enhancing profitability for U.S. companies.

The Asian Development Bank and World Bank study finds that since the 2008 global financial crisis, Asian economies have ...

Squeezed between import substitution and dependency syndrome, a condition characterized by a set of associated economic symptoms—that is rules and ...