CommodityIn economics, a commodity is an economic good, usually a resource, that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them. The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than price.
Food pricesFood prices refer to the average price level for food across countries, regions and on a global scale. Food prices affect producers and consumers of food. Price levels depend on the food production process, including food marketing and food distribution. Fluctuation in food prices is determined by a number of compounding factors. Geopolitical events, global demand, exchange rates, government policy, diseases and crop yield, energy costs, availability of natural resources for agriculture, food speculation, changes in the use of soil and weather events directly affect food prices.
SoybeanThe soybean, soy bean, or soya bean (Glycine max) is a species of legume native to East Asia, widely grown for its edible bean, which has numerous uses. Traditional unfermented food uses of soybeans include soy milk, from which tofu and tofu skin are made. Fermented soy foods include soy sauce, fermented bean paste, nattō, and tempeh. Fat-free (defatted) soybean meal is a significant and cheap source of protein for animal feeds and many packaged meals.
Community-supported agricultureCommunity-supported agriculture (CSA model) or cropsharing is a system that connects producers and consumers within the food system closer by allowing the consumer to subscribe to the harvest of a certain farm or group of farms. It is an alternative socioeconomic model of agriculture and food distribution that allows the producer and consumer to share the risks of farming. The model is a subcategory of civic agriculture that has an overarching goal of strengthening a sense of community through local markets.
Index of international trade articlesThis is a list of international trade topics. Absolute advantage Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) Asia-Pacific Economic Cooperation (APEC) Autarky Balance of trade Barter Bilateral Investment Treaty (BIT) Bimetallism Branch plant economy Bretton Woods conference Bretton Woods system British timber trade Cash crop Central European Free Trade Agreement (CEFTA) Comparative advantage Cost, Insurance and Freight (CIF) Council of Arab Economic Unity Currency Customs broking Customs union David Ricardo Doha Development Round (Of World Trade Organization) Dominican Republic – Central America Free Trade Agreement (DR-CAFTA) Enabling clause Enhanced Integrated Framework for Trade-Related Assistance for the Least Developed Countries European Union (EU) Export documents ATA Carnet ATR.
Trade warA trade war is an economic conflict often resulting from extreme protectionism in which states raise or create tariffs or other trade barriers against each other in response to trade barriers created by the other party. If tariffs are the exclusive mechanism, then such conflicts are known as customs wars, toll wars, or tariff wars; as a reprisal, the latter state may also increase the tariffs. Trade war arises only if the competitive protection between states is of the same type and it is not valid in case of dumping exports (Perju, 2009).
ProtectionismProtectionism, sometimes referred to as trade protectionism, is the economic policy of restricting imports from other countries through methods such as tariffs on imported goods, import quotas, and a variety of other government regulations. Proponents argue that protectionist policies shield the producers, businesses, and workers of the import-competing sector in the country from foreign competitors.
Rainfed agricultureRainfed agriculture is a type of farming that relies on rainfall for water. It provides much of the food consumed by poor communities in developing countries. E.g., rainfed agriculture accounts for more than 95% of farmed land in sub-Saharan Africa, 90% in Latin America, 75% in the Near East and North Africa, 65% in East Asia, and 60% in South Asia. There is a strong correlation between poverty, hunger and water scarcity in part because of the dependencies on rainfed agriculture in developing economies.
World Water DayWorld Water Day is an annual United Nations (UN) observance day held on 22 March that highlights the importance of fresh water. The day is used to advocate for the sustainable management of freshwater resources. The theme of each year focuses on topics relevant to clean water, sanitation and hygiene (WASH), which is in line with the targets of Sustainable Development Goal 6. The UN World Water Development Report (WWDR) is released each year around World Water Day.
