Tag Archives: International Trade

Market Access and Trade Barriers in SME Internationalisation

SME International Trade

There is no greater priority for the nation than to put the citizens back to work. Look around, there are millions who are unemployed. Nations needs to constantly looking at job creations for younger generations and growing workforce, and also for job replacements that were lost in the transitions.

Those policymakers who are looking out for solutions, they need to create a business environment which would be conducted to the success of smaller businesses as well as the entrepreneurs. The principal drivers of the growth of the job sector are the small and the medium sized enterprises ( or SMEs ) which generate about two thirds of the new jobs which is as per the data of the U.S. Small Business Administration.

The second ingredient that is needed to create jobs successfully is a focus on trade. The opportunity to tap into the dynamic foreign markets has a higher appeal as the foreign markets make up about 80% of the purchasing power of the world and contributes more than ninety percent in the economic growth of the country and provides over ninety five percent of the consumers.