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Commerce- Comprises trade and auxiliaries to trade. Trade - Comprises exchange of goods and services. 3)CAPITAL: Industry- Generally large amount of capital is required. Commerce- Need for capital is comparatively less. Trade - Capital is needed to maintain stock and grant credit. 4)RISK : Industry- Risk involved is usually high.

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22 Aug 2019 Russian state oil major Rosneft has become the main trader of Venezuelan crude , shipping oil to buyers in China and India and helping Caracas offset the loss of traditional dealers who are avoiding it for fear of breaching 

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Rates as at 09 March 2020. Bank of England Bank Rate: 0.75%. UK 1 month LIBOR: 0.55900% - 0.01338% UK 3 month LIBOR: 0.51788% - 0.03275%. ( LIBOR 

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The US-led trade war is part of Donald Trump's broader protectionist agenda Tariffs, in theory, will make US-made products cheaper than imported ones, so  The Trump administration risks creating a more fragmented global economy and has started the biggest global trade war. The various sides are still on  See Viner, Jacob, “English Theories of Foreign Trade Before Adam Smith,” in Viner, , Studies in the Theory of International Trade (1937; reprinted, Clifton, NJ: A. M. 

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