How does scarcity affect global trade?

Scarcity is the primary issue with with economics deals. There simply isn't enough of any of the things people want. Economic is the study of the various ways which humanity has tried to deal with scarcity. read more

Scarcity *DRIVES* global trade. Scarcity is why we have trade (anywhere) in the first place. The more trade we have, the more productive we are as a society and an economy, both locally and globally. read more

Each commodity market presents its own characteristics with different key players and specific regional and global organisations pursuing different, potentially conflicting, objectives. read more

Analyzing the impact of trade on local water scarcity, our scientists found that it is not the amount of water used that counts most, but the origin of the water. read more