Trading nation

A trading nation (also known as a trade-dependent economy, or an export-oriented economy) is a country where international trade makes up a large percentage of its economy.

Smaller nations (by population) tend to be more trade-dependent than larger ones. In 2008, the most trade-dependent OECD member was Luxembourg, where trade was worth 313.08% of GDP, while the least trade-dependent was the United States, where trade made up 30.41% of GDP.

Free trade

Trading nations tend to favour free trade and economic integration, or at least seek market access for their products (they may also seek some form of protectionism for their own industries). The most desired markets to access are the largest ones.

In 2012 Canadian news columnist Andrew Coyne described countries with free trade with both the EU and the United States as a "select group" that includes Colombia, Israel, Jordan, Mexico, Morocco, and Peru. He described South Korea, Chile, and Singapore as "buccaneering free traders" and the only countries that rivaled Canada in "scale and scope of the trade agreements" that they had signed (roughly 75% of Canada’s trade is tariff-free).

CNBC

CNBC is an American basic cable, internet and satellite business news television channel that is owned by NBCUniversal News Group, a division of NBCUniversal, owned by Comcast. Headquartered in Englewood Cliffs, New Jersey, the network primarily carries business day coverage of U.S. and international financial markets; following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

Originally established on April 17, 1989 by a joint venture between NBC and Cablevision as the Consumer News and Business Channel, the network later acquired its main competitor, the Financial News Network, in 1991—a move which expanded both its distribution and its workforce, and Cablevision sold its stake to NBC, giving it sole ownership. As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States. In 2007, the network was ranked as the 19th most valuable cable channel in the United States, worth roughly $4 billion.

Nation

Nation (from Latin: natio, "people, tribe, kin, genus, class, flock") is a social concept with no uncontroversial definition, but that is most commonly used to designate larger groups or collectives of people with common characteristics attributed to them—including language, traditions, customs (mores), habits (habitus), and ethnicity. A nation, by comparison, is more impersonal, abstract, and overtly political than an ethnic group. It is a cultural-political community that has become conscious of its autonomy, unity, and particular interests.

According to Joseph Stalin: "a nation is not a racial or tribal, but a historically constituted community of people;" "a nation is not a casual or ephemeral conglomeration, but a stable community of people"; "a nation is formed only as a result of lengthy and systematic intercourse, as a result of people living together generation after generation"; and, in its entirety: "a nation is a historically constituted, stable community of people, formed on the basis of a common language, territory, economic life, and psychological make-up manifested in a common culture."

Wall Street

Wall Street is a 0.7-mile-long (1.1 km) street running eight blocks, roughly northwest to southeast, from Broadway to South Street on the East River in the Financial District of Lower Manhattan, New York City. Over time, the term has become a metonym for the financial markets of the United States as a whole, the American financial sector (even if financial firms are not physically located there), or signifying New York-based financial interests.

Anchored by Wall Street, New York City has been called both the most economically powerful city and the leading financial center of the world, and the city is home to the world's two largest stock exchanges by total market capitalization, the New York Stock Exchange and NASDAQ. Several other major exchanges have or had headquarters in the Wall Street area, including the New York Mercantile Exchange, the New York Board of Trade, and the former American Stock Exchange.

History

Early years

There are varying accounts about how the Dutch-named "de Waal Straat" got its name. A generally accepted version is that the name of the street was derived from an earthen wall on the northern boundary of the New Amsterdam settlement, perhaps to protect against English colonial encroachment or incursions by Native Americans. A conflicting explanation is that Wall Street was named after Walloons— the Dutch name for a Walloon is Waal. Among the first settlers that embarked on the ship "Nieu Nederlandt" in 1624 were 30 Walloon families. The Dutch word "wal" can be translated as "rampart". However, even some English maps show the name as Waal Straat, and not as Wal Straat.

Reality television

Reality television is a genre of television programming that documents ostensibly unscripted real-life situations, and often features an otherwise unknown cast of individuals who are typically not professional actors, although in some shows celebrities may participate. It differs from documentary television in that the focus tends to be on drama, personal conflict, and entertainment rather than educating viewers. Reality TV programs also often bring participants into situations and environments that they would otherwise never be a part of. The genre has various standard tropes, including "confessionals" used by cast members to express their thoughts, which often double as the shows' narration and competitive elements. Reality TV shows often have a host who asks questions to the participants or comments on the participants. In competition-based reality shows, a notable subset, there are other common elements such as one participant being eliminated per episode, a panel of judges, and the concept of "immunity from elimination."