The collapse of the oil price in 2014 highlighted the need for Nigeria to dilute its exposure on the commodity.
Dominic Raab, secretary of state for existing the European Union and star of Deal or No Deal.
From trade to medicines, the UK government's 'just in case' planning is revealing.
A woman in Venezuela shows off the new two and five bolivar soberano bills.
Reuters/Carlos Garcia Rawlins
Venezuela recently devalued its bolivar by 95 percent to tame rabid hyperinflation that has been sending prices on everyday goods through the roof. If history is a guide, it won't work.
Ins and outs.
Watch out, Indonesia and South Africa.
Kentucky bourbon is among the products targeted with retaliatory tariffs by the EU.
AP Photo/Jeff Chiu
Trump has started a trade war with China and much of the world. Here's what you need to know.
Amazon has restricted Australians’ access to goods from its American site because of the GST reforms.
The complexity of the reforms might jeopardise the necessary cooperation of overseas businesses, and place consumers at risk of paying wrongly charged GST.
Illegally logged rosewood in Antalaha, Madagascar, 22 February 2005.
The illegal timber trade is a huge global business worth up to US$150 billion yearly. One way to curb it is by convincing consumers in wealthy countries that buying contraband wood products is wrong.
US President Donald Trump in 2017 and George W. Bush in 2008.
On March 1, Donald Trump imposed a series of steel and aluminum tariffs. To understand their potential impact, it's instructive to look at what happened after George W. Bush enacted similar measures in 2002.
Australia tried to negotiate a final deal for the TPP at the 2017 APEC meeting in Vietnam.
NA SON NGUYEN/AAP
The new TPP means fewer barriers for Australian exports, but there a number of loose ends – not least if the United States decides to rejoin.
Crunching the numbers on 14 years of trading shows one of the assumptions about global markets is looking fragile.
China's bid for an infrastructure blitz to drive overland trade through to Europe will end up being overshadowed.
Imported goods could be partly to blame for low wage growth.
There are two ways that international competition can reduce wages. Both are effects of globalisation.
Smaller companies are failing to move quickly into overseas sales. It may be time for government to put its money where its mouth is.
The new GST laws will force Ebay and other online marketplaces to pay GST on goods sold by overseas sellers.
The governments move to include low-value online bought goods in the GST doesn't treat overseas and local sellers in the same way.
Patients with life-threatening diseases can legally order drugs available overseas and have them delivered to their local pharmacy. But what are the risks?
The Social Medwork is a website that promises patients legal access to medicines from overseas. How does it work? What are the risks? And why are patients turning to it to access the drugs they need?
Hawkers sell goods on the streets of Zimbabwe’s capital, Harare. Imports of bottled water from South Africa have been banned.
The control of imported goods is a quick fix that doesn't resolve fundamental economic problems. It must be accompanied by a policy focus on macroeconomic issues, labour and agriculture.
Protesters are standing up against the police’s road blocks in Harare, Zimbabwe.
The protest by Zimbabweans against police road blocks and banned imports highlights a new political economy that is rising on the back of informalisation of the economy.
A weak pound might be good for exports but it is bad news for the investment that the economy is based on.
Why those who want to lean on imperial relations should think again.
The “free into store” trade terms are being eroded for Australian small business.
Image sourced from www.shutterstock.com
Small importers rely on the seller being liable for any import duty - but that situation is being eroded.