Trade Agreements and Negotiations on International Trade
International Trade
Trade is important to countries all around the world. International trade opens up job opportunities and also leads to development of economic activity in every region of the trading country. The trading countries must also ensure that traders, whether self-employed entrepreneur, corporate executive or pensioner must bear the responsibility of making sure that goods and services are transported efficiently to global markets. The best way to advance in international trade is to work on two aspects namely, the Trade Commissioner Service, and also foster productive ways of negotiating and administering trade agreements and rules.
International Trade is defined as follows:
The law relating to the exchange of goods and services between nations. Legal issues can relate to tariffs and government restrictions on export and import, as well as the contracts between the trading partners." [LawyerLocator - Glossary of Terms]
The "old" theory of international trade…...
mlaReferences
International Economic Data Bank - UN Trade Data, available at accessed on: October 31, 2003http://iedb.anu.edu.au/iedb/datainfo/UNtradedata.htm,
International Trade, available at accessed on: October 31, 2003http://www.dfait-maeci.gc.ca/trade/menu-en.asp ,
International Trade Research, available at accessed on: October 31, 2003http://www.worldbank.org/research/trade/majoract.htm ,
ITC - Products - Market Development Section - Artisanal Products Home Page, available at accessed on: October 31, 2003http://www.intracen.org/mds/sectors/artisanal/welcome.htm ,
Aid strategies or Trade Agreements more likely to relieve poverty in Sun-Saharan Africa?
Please a postgraduate essay. GUIDELINE FO THE ESSAY LINE. In assessing coursework, criteria: • elevance question • Sound ordering structuring material • Quality clarity written expression • Effective evidence • Appropriate theory • Demonstration sound understanding topic • Adequacy research analysis • Identification major themes arguments • Critical evaluation judgement • ange sources • Consistent referencing AND page numbers • Insight originality • Grammar language Please aware questions require critical analysis consideration: A] The nature continuity change global politics B] An analysis historical, politico-economic geo-political context C] Use case studies.
The development of African countries has been for decades now one of the most discussed subjects in the international arena, especially in the area of international development. There have been numerous attempts to find the proper solutions to be implemented in countries on the Black continent; however, few…...
mlaReferences
CNN "Gem-of-a-deal spares Botswana from blood diamonds," in World, 15 decembrie 2006, available at http://edition.cnn.com/2006/WORLD/africa/12/11/koinange.botswana/index.html
CNN. "Your world today (transcript)" in Your World Today, 12 decembrie 2006, available at http://transcripts.cnn.com/TRANSCRIPTS/0612/12/ywt.01.html
Horvath, Ronald J. "A Definition of Colonialism." Current Anthropology, Vol. 13, No. 1, (Feb., 1972), pp. 45-57
Ministry of Education in Botswana. "The Revised National Policy On Education" in Government Paper No. 2, 1994, available at http://www.moe.gov.bw/headquarters/rnpe/RNPE%20Pages/rnpeone.htm
Trade Agreements
According to the Office of the United States Trade Representative website, which is part of the Executive Office of the President, the United States has trade agreements with a total of twenty countries. Those countries are Austarlia, Bahrain, Canada, Chile, Colombia, Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras, Israel, Jordan, Korea, Mexico, Morocco, Nicaragua, Oman, Panama, Peru and Singpore. Beyond that, there are also regional agreements such as the Trans-Pacific Partnership, or TPP for shot. There are currently negotiations under way to have a similar agreement which is called the Trans-Atlantic Trade and Investment Project, or T-TIP for short, with the European Union. Finally, there are broad-based agreements that involve free trade such as the North American Free Trade Agreement (NAFTA) and a few others that are noteworthy (USTR).
Benefits of NAFTA
As far as whether the NAFTA agreement benefits the United States, the answer is dependent on one's…...
North American Free Trade Agreement
President Clinton signed the North American Free Trade Agreement Implementation Act-NAFTA on December 8th, 1993. Canada and Mexico soon followed suit and the North American Free Trade Agreement became active from January 1st 2004 and thus became the first comprehensive free trade agreement among major industrial nations and a developing a country. (A dynamic macroeconomic analysis of NAFTA - North American Free Trade Agreement -- Economic Perspectives) Thus NAFTA was launched in January 1994, and thereby The North American Free Trade Agreement became the largest free trade area in the world. (Canada and the North American Free Trade Agreement)
NAFTA created the world's largest free trade zone, which had coverage of around 360 million people and an annual investment and trade in terms of C$500 billion. (Key Economic events: 1994- North American Free Trade Agreement (NAFTA): Creating the World's Largest Free Trade Area) This agreement would encompass…...
mlaReferences
Canada and the North American Free Trade Agreement. June 10, 2003. Retrieved from Accessed on 17 November 2004http://www.dfait-maeci.gc.ca/nafta-alena/menu-en.asp
Castenada, Jorge G; Heredia, Carlos. The wrong free-trade deal? - North American Free Trade Agreement. March 1993. Retrieved from Accessed on 16 November, 2004http://www.findarticles.com/p/articles/mi_m1453/is_n3_v40/ai_13609465
Creating a trade bloc than won't block justice, freedom - North American Free Trade Agreement and Mexico - Editorial - Cover Story. April 16, 1993. Retrieved from Accessed on 16 November, 2004http://www.findarticles.com/p/articles/mi_m1141/is_n24_v29/ai_13685906
Facts Cloud Attempt to 'Celebrate' NAFTA 10th Anniversary Signing Ceremony.
Americans who want to open businesses in Mexico's cities would be able to do so easily, which would stimulate Mexico's economy as well as America's. Mexicans who want to live and work in the United States could do so without risking their lives and leaving their families. Quality of life would vastly improve in Mexico, and the improved economy would mean less strain on health care and other social services. During the current economic recession, unifying the two countries makes more sense than it ever has.
One of the best reasons to have a union between the United States and Mexico is to reduce rates of crime. Border towns are violent places, and law enforcement officials are often killed in skirmishes that involve organized crime. The United States and Mexico are both at fault for fueling organized crime. According to Donnison, "More than 6,000 people died last year in Mexico…...
mlaWorks Cited
Donnison, John. "Mexico Says U.S. Fuels Gun Crime." BBC News. 12 April 2009. Retrieved Nov 14, 2009 from http://news.bbc.co.uk/2/hi/7996196.stm
"Mexico Environment." Retrieved Nov 14, 2009 from http://www.questconnect.org/mexico_environment.htm
States News Service. "U.S.-Mexico Border 2012." Retrieved Nov 14, 2009 from http://www.epa.gov/Border2012/
Financial Effects of Globalization
Global partnerships are developed in order to capture a number of different benefits. The partners will typically each bring assets that the other partners need -- skills, resources, competencies or even things like market access. The partnership therefore works when the partners have mutually beneficial assets that they can contribute to the partnership. The partnership therefore has a lower cost, or greater potential benefits, than would be achievable if either party pursued the opportunity alone.
Financially, the partnership thus usually offers either a higher revenue ceiling, lower profits, or both. If the partners did not believe this to be the case, they would not enter into a partnership, because there are costs that are associated with running a partnership that might not exist otherwise. The financial benefits therefore are going to be greater -- or the partners believe that they will be greater -- than the cost of…...
mlaReferences
US Department of State (2016) Kenex v United States. Retrieved February 9, 2016 from http://www.state.gov/s/l/c7423.htm
Of course, consumers knowing the country of origin of Toyota vehicles have done little to harm the dominance of that car over traditional American manufacturers like GM and Ford. But in some instances, if a particular nation has received bad press regarding its labor practices, mandatory labeling as an imported good might act as an additional invisible trade barrier. Also, if a nation is being subject to a particularly damaging round of international publicity regarding other aspects of its international policy, this may lead to a boycott of the nation's goods, and thus invisible tariffs can be constructed through simply the apparently innocuous policy of labeling nation's country of origin, in the supposed interest of consumer information.
orks Cited
Fliess, Barbara Carlos Busquets "The Role of Trade Barriers." OECD Trade Policy
orking Paper No. 45. Organization for Economic Co-operation and Development. 2006. 7 Mar 2007. http://www.oecd.org/dataoecd/34/25/37872326.pdf
Jennings, Horace. "Brazilian trade sets new highs as…...
mlaWorks Cited
Fliess, Barbara Carlos Busquets "The Role of Trade Barriers." OECD Trade Policy
Working Paper No. 45. Organization for Economic Co-operation and Development. 2006. 7 Mar 2007. http://www.oecd.org/dataoecd/34/25/37872326.pdf
Jennings, Horace. "Brazilian trade sets new highs as import barriers are lowered."
Business America.
Despite the fact that it is considered to be responsible for the immense inequalities in the economic sector, it also provides the progress for least developed countries and the environment for the maintenance of the developed countries. The existence of trade blocks such as NAFTA or ASEAN are even more reasons to consider globalization as a means of improvement in terms of politics, economic, and social aspects of life.
eferences
ASEAN. N.d. About. 28 September 2011 http://www.asean.org/about_ASEAN.html
Ian Goldin, Kenneth einert. 2006. Globalization for development: trade, finance, aid, igration and policy . World Bank: Palgrave Macmillan, Washington, DC .
D Henwood, 2003. "Beyond Globophobia." The Nation .November 28 September 2011 http://www.globalpolicy.org/globaliz/define/2003/1113globophobia.htm
D. Held,. 2005. Debating Globalization . Polity Press, Cambridge.
Economic Policy, 20 (1) Spring, 72-84
Woods N. 2000a 'The Challenge to International Institutions'. Primary eading.
D Henwood, "Beyond Globophobia." The Nation .November 13, 2003. 28 September 2011
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mlaReferences
ASEAN. N.d. About. 28 September 2011 http://www.asean.org/about_ASEAN.html
Ian Goldin, Kenneth Reinert. 2006. Globalization for development: trade, finance, aid, igration and policy . World Bank: Palgrave Macmillan, Washington, DC .
D Henwood, 2003. "Beyond Globophobia." The Nation .November 28 September 2011 http://www.globalpolicy.org/globaliz/define/2003/1113globophobia.htm
D. Held,. 2005. Debating Globalization . Polity Press, Cambridge.
Significance of the Study
This study is significant because it sheds light on a very important contributor to local and international trade. Trade fairs have a long history in providing a meeting place for buyers and sellers. They are an important channel of communication for B2B buyers and sellers. This is a significant area for study because there are limited channels of communication between B2B buyers and sellers. The previous sections have diversified the importance of communication to trade. B2B buyers and sellers cannot use mass channels of communication such as television advertising or newspaper advertising. In this market usage of personal visits and demonstrations are the common channels of marketing and communication. The B2B selling and marketing activities are less highlighted in research than B2C activities. Therefore, this study is significant because it explores a very important channel of marketing and communication in the B2B market.
The study is important for…...
mlaUFI.(2009). The Trade Fair Industry in Asia, 5th edition: A UFI report researched and compiled by Business Strategies Group Executive Summary -- for UFI members only." Business Strategies Group Ltd. [online] Available at [Accessed 10 May, 2012].http://www.ufi.org/media/membersarea/studies_reports/2009_bsg_report_summary_andorder_form.pdf
Viardot, E. (2004). Successful Marketing Strategy for High-Tech Firms. Volume 5. NY: Artech House
Yeshin, T. (2006). Sales Promotion. NY:Cengage Learning
trade in Mexico. The writer explores the nation's dependency on the U.S. And presents plans to reduce that dependency and increase other options. There were five sources used to complete this paper.
As the world continues to globalize many of the previous boundaries that were experienced have been removed. This means advancements in technology, communication, manufacturing and other areas. Mexico is frequently accused of being too dependent on the United States. With the globalizing moves forward there have been many new horizons for the country of Mexico to explore regarding trade. educing its dependence on the United States and expanding its interdependence with other nations will provide Mexico with bargaining power when it comes to its dealings with the states in the future.
Within the last decade the trade abilities and clout in Mexico has improved significantly. Whereas Mexico used to be almost exclusively dependent on the U.S., the more recent…...
mlaReferences
____ (1999). Attacking free trade growing pains., La Prensa de San Antonio, 02-28-1999, pp 2A.
____(2001). EU DIPLOMAT SEES MEXICAN DEMOCRACY OPENING INTERNATIONAL TRADE DOORS., Infolatina, 01-03-2001.
____able (1995). Fact sheets: Canada.(includes a country profile). Vol. 6, U.S. Department of State Dispatch, 03-06-1995, pp 165(7).
____(2000). MEXICO BECOMES TRADE GIANT, SAYS WTO., Infolatina, 04-16-2000
Trade Act of 1974 on Euro exchange rates?
Free Trade has been a key agenda for the past three presidents. In an expanding global market, tariffs and trade policies are more important today than they have been in the past. More and more countries are forming alliances such as the North American Free Trade Agreement (NAFTA), the Asian Alliance, and the European Union (EU). These trade agreements are meant to level the playing for all countries, both industrialized and emerging countries.
President Bush's trade policy is aimed at helping to generate American jobs, open markets to American products, and provide economic growth. Sometimes massive increases in imports can have a devastating effect on U.S. industries. [This has been the case for the U.S. steel Industry and is the issue addressed in Section 203 (B) (1) of the Trade Act of 1974. Foreign steel makers have had the luxury of government support…...
mlaWorks Cited
Arnold, James. Steel sector stares into the abyss. BBC News.com. March 6, 2002.
Accessed April,http://news.bbc.co.uk/hi/english/business/newsid_1857000/1857914.stm .
2002
Arnold, James. Steel spat could mean wider worries. BBC News.com. March 6, 2002.
Trade between the United States and Japan [...] trade between the United States and Japan, such as exports and imports of goods, exports and imports of services, tourism, and investments. Japan and the United States are two of the premier forces in trade around the world. The two countries depend heavily on each other in a variety of trade areas, from electronics to tourism and banking. Together, they form a formidable bond of trade that dominates the world market and the world economy.
In 2002, Japan's total foreign trade was 52,109 billion yen. The portion they traded with the United States was 14,873 billion yen, or 28% of the country's total foreign trade ("Yearbook," 2003). Conversely, the United States only trades about 9% of their foreign trade with Japan, so there has been a deficit between the two countries for many years. This seems odd since Japan is a smaller…...
mlaReferences
Editors. (2004). Third report to the leaders on the U.S.-Japan regulatory reform and competition policy initiative. Retrieved from the United States Trade Representative Web site: June 2004.http://www.ustr.gov/regions/japan/2004-06-08-japan-factsheet.pdf18
Editors. (2003). Japan statistical yearbook. Retrieved from the Japan Statistics Bureau Web site: June 2004.http://www.stat.go.jp/english/data/nenkan/index.htm18
Free trade and the North-South divide
Globalization has been bringing along several concepts and ideologies and the concept of free trade has been growing in tandem with globalization though with several obstacles along the way. Basically, the meaning and context of free trade is a condition where international trade is facilitated making possible the exchange of capital, goods as well as services across international territories or borders without undue restrictions, conditions or controls. Free trade is significant for most nations since it significantly contributes to a good share of the Gross Domestic Product (GDP) of those nations. It is the type of trade that has been in existence for many decades and to date it is held as one of the most important kind of trade in facilitating the economic, political as well as social ties and interactions of nations of the world. Some of the aspect that facilitate the free…...
mlaReferences
Brown Consultancy Services. (2012).Theory of International Trade. Retrieved February 25, 2015 from http://www.brownconsultancy.com/ds-theory-international-trade.aspx
Costinot, A & Donaldson D., (2004) Ricardo's theory of comparative advantage: Old idea, new evidence. Retrieved February 25, 2015 from http://www.nber.org/papers/w17969.pdf-new_window=1
Direct Selling Education Foundation, (1998). The North American Free Trade Agreement. Retrieved February 25, 2015 from http://www.library.unt.edu/gpo/oca/nafta.htm
Economics
One of the current economic issues in America is the trade deficit, which is persistent and in most years growing. The U.S. had a slight trade surplus in the early 1980s, but since then has had a trade deficit. The deficit was growing through the mid-2000s and while it is still quite large, the straight downward trend in the trade deficit has flatlined (Trading Economics, 2014). The U.S. still has the world's largest current account deficit -- by a factor of nearly four (CIA World Factbook, 2014). Petroleum products account for a substantial portion of this, as much as 10%, but the development of fracking has reduced the percentage that oil contributes to the trade deficit, and has helped the trade deficit to flatline (U.S. Census Bureau, 2014). The major import partners are China (19%), Canada (14.1%), Mexico (12%) and Japan (6.4%). Of these, Canada and Mexico are not major…...
mlaReferences
Amadeo, K. (2014). Trade deficit: Definition, causes, effects, role in BoP. About.com. Retrieved November 30, 2014 from http://useconomy.about.com/od/glossary/g/Trade_Deficit.htm
CIA World Factbook: United States. (2014). Retrieved November 30, 2014 from https://www.cia.gov/library/publications/the-world-factbook/geos/us.html
FRB SF. (2007). Is the U.S. trade deficit a problem? What is the link between the trade deficit and exchange rates? Federal Reserve Bank of San Francisco. Retrieved November 30, 2014 from http://www.frbsf.org/education/publications/doctor-econ/2007/june/trade-deficit-exchange-rate
Trading Economics. (2014). United States balance of trade. TradingEconomics. Retrieved November 30, 2014 from http://www.tradingeconomics.com/united-states/balance-of-trade
International Tariffs
Quintessentially, a tariff is a tax on goods that are transferred overseas. Those goods are either imports or exports; tariffs provide a degree of stabilization for the competition of imports and exports (Helpman and azin, 1978, p. 1131). Specifically, tariffs apply to merchandise that is imported or exported between different nations, regardless of their location. There are a number of different types of tariffs and variations on this concept as a whole. Tariffs are similar to customs duties, which are the indirect taxes which must be accounted for when goods are traded between countries. These duties can pertain to both imports and exports. Many people use the terms tariff and customs duty interchangeably. Tariffs function as a collection or listing of goods and typically contain the rate of the customs duty. That rate is generally the amount of the tariff, whether it applies to imports or exports.
In many…...
mlaReferences
Helpmann, E., Razin, A. (1978). The protective effect of a tariff under certainty. Journal of Political Economy. 86(6), 1131-1141.
Lantheman, M. (2014). NAFTA and the Future of Canada, Mexico, and the United States. www.forbes.com Retrieved from http://www.forbes.com/sites/stratfor/2014/01/07/nafta-and-the-future-of-canada-mexico-and-the-united-states/
Title: The Rise of Political Discontent and Economic Transformation: Analyzing the Emergence of New Dynamics in the 1993 Canadian Federal Election
Introduction:
The 1993 Canadian federal election marked a pivotal moment in Canadian political history, characterized by a significant shift in the political landscape and the emergence of new electoral dynamics. This thesis aims to explore the emergence of these dynamics, focusing on the interplay between political discontent, economic transformation, and the rise of new political parties. It will investigate how these factors contributed to the electoral outcomes and reshaped the Canadian political landscape.
1. The Rise of Political Discontent:
a) Decline of Traditional....
I. Introduction
A. Hook: Begin with a compelling statement that highlights the significance of the topic.
B. Thesis statement: Clearly state the central argument that the essay will explore regarding the relevance of the state in an era of globalization.
II. Background: The Evolving Role of the State
A. Historical perspective: Trace the historical evolution of the state, discussing its traditional functions in society.
B. Challenges to state authority: Examine the factors that have challenged state sovereignty and authority in the context of globalization.
III. Impacts of Globalization on the State
A. Economic globalization: Discuss how the rise of transnational corporations, global....
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2. Analyzing the impact of President Trump's immigration policies versus President Biden's immigration policies
3. Evaluating President Trump's approach to foreign policy in comparison to President Biden's foreign policy stance
4. The role of social media in the presidency: A look at how President Trump and President Biden use platforms like Twitter
5. Examining the economic policies of President Trump and President Biden and their effects on the middle class
6. A deep dive into the environmental policies of President Trump and President Biden, including their views on climate change
7. The....
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