The marketing firm for magazine publishers, ValueMags, is seeking magazines that are related to international business. Among all their business magazines, an international magazine is one the company has been longing to offer to their business readers and potential business market.
A popular topic of discussion according to ValueMags in the media are trade deficits. A trade deficit is when a country is importing more than it is exporting, this makes the balance of trade negative. Which can also be expressed as the value of goods being imported minus the value of goods being exported. A trade deficit is made when a country can no longer produce all of its needs and so it must rely on trade, rather importing. This being said, it is impossible to achieve a trade deficit unless other countries are willing to loan the country the necessary funds to purchase the imports. ValueMags researchers say that trade deficits can also arise if a domestic company manufactures a lot of its products in another country. Because when raw materials is shipped overseas to the manufacturing unit, this is accounted for as an export and when the finished product is shipped back to its original country this is an import.
When a trade deficit is small in number it can be accounted for as a good thing as it rises the standard of living for the country’s population since they are exposed to more goods and services at a more competitive price. It is also known to reduce the rate of inflation and indicate how confident and wealthy the country’s population is feeling. However, over a long period of time a trade deficit is known to cause the outsourcing of jobs because a country is importing goods rather than buying domestically which causes local business to lose profits. It is for this reason that it is encouraged to reduce the trade deficit to increase jobs. Free Trade Agreements are to be blamed for the causing of deficits, especially the North American Free Trade Agreement. This is because of the implementation of tariffs, and other forms of protectionism.
To make further suggestions about business magazines, contact ValueMags on their new blog: an open and interactive space for readers to discuss their ideas about new magazine issues and what they want to see next.