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Guessing games Reprints Related items The New York Stock Exchange: Under threatAug 5th 2004Mr Thain dares not guess what proportion of trades will migrate to the electronic system, though the highly liquid stocks of big companies seem sure to switch over.
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Likewise, Singapore has a far greater proportion of trade-union members than Papua New Guinea.
Rightists have claimed that Israel could eventually escape European penalties by reducing the proportion of trade there.
As members trade more among themselves, their economic structures may become more alike: a large proportion of trade is between firms in the same industry.
However, special factors are largely to blame: first America's boom and then rising oil prices lifted the proportion of trade with countries outside the zone.
The charts show the proportion of trading days in each market in which prices either rose or fell at least 2 percent during the day.
In practice such cartels account for only a small proportion of trade, but there is a strong economic argument for outlawing them all.The WTO is divided over how to deal with these problems.
Credit to firms, as a proportion of trading houses' total assets, fell by half from its height in the 1970s and 1980s, and in the past 15 years loan guarantees doubled and equity stakes tripled.
In other words, firms with higher information asymmetry have a higher proportion of trade credit over short-term bank financing in their financial structure.
Similarly, firms with higher financial strength also show less short-term bank debt, and consequently, an increase in the proportion of trade credit in the short-term financing sources.
Looking at differences between countries, Spain as a Southern European, Mediterranean country stands out with different aspects discussed and more synergies perceived by stakeholders, whereas aspects discussed across all other Central and Northern European countries are more similar and include a higher proportion of trade-offs.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com