ECW 3301: CASE STUDIES IN INTERNATIONAL TRADE SEMESTER 1, 2016 ASSIGNMENT DUE DATE: Wednesday 4th May 2016; by 5pm Value: 15% Length: 2,500 words (excluding tables and figures) Instructions: The assignment is worth 15% of the total assessment. This assignment will be marked out of 100%. Assignments should be computer-typed, double spaced, having a font size of 12. All pages must be numbered accordingly. All figures must be plotted using computer (i
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Executive Summary Traditionally, Australia-China trade & economy was simple. Australia met the demand for raw material for China’s manufacturing & China exporting back to Australia its finished manufactured goods. Thus China-Australia became each other’s largest trading partners. Now that China’s economy is affected, less spending on infrastructure the demand has shifted from raw materials & commodities to other specialized manufactured equipment, services like health, education, financial
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U.S. Imposition of Steep Tariffs on Chinese Solar Panels – Protecting or Hurting American Markets and Consumers? On Tuesday, December 16th 2014 the United States Department of Commerce approved a collection of trade tariffs on solar panels imported from China and Taiwan. Tariffs on these solar panels, ranging from 18.56% to 35.21%, have been in place since earlier this year when the Commerce Department issues a preliminary decision. The case was brought by SolarWorld Industries America, Inc
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operates Define international trade International trade refers to the purchasing of goods and services across the international terrains. Furthermore in many countries, this trade subsidizes substantially to the Gross Domestic Product while for the companies involved it contributes a lot to their total revenue and profits. The economic, political, and social importance of this trade is increasing every day. What do you consider to be the importance of international trade to business/individuals/economies
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BUSINESS-GOVERNMENT TRADE RELATIONS LEARNING OBJECTIVES: 1. Describe the political, economic, and cultural motives behind governmental intervention in trade. 2. List and explain the methods governments use to promote international trade. 3. List and explain the methods governments use to restrict international trade. 4. Discuss the importance of the World Trade Organization in promoting free trade. CHAPTER OUTLINE: Introduction Why Do Governments Intervene in Trade? Political Motives
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boost the newly developing American economy (Rorabaugh, 60). Alcohol impacted the early American economy by promoting trade, making agriculture
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Australia has a free trade agreement with New-Zealand and Japan. These two countries are very close to Australia which make it easier to trade and they are complimentary countries which means that they complete each other’s productions. ASEAN is the agreement that was created and agreed on in January 2010. In 2015, New-Zealand spent 120.0 billion of trading. The main reasons why the agreement happened was to eliminate the tariffs and lower transaction cost. Japan-Australia Economic Partnership Agreement
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In a different case, 1930, congress passed the Smoot-Hawley Tariff Act to protect domestic industries and farmers. The Act raised average tariff rates from 40 percent to 47 percent, reached the highest in decades. It quickly turned into a trade war, U.S. trade partners responses included – “an increase in tariffs by the United Kingdom, prohibitive Italian tariffs on automobiles, significantly increased Spanish duties on products largely imported from the United States (e.g., automobiles, tires, tubes
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------------------------------------------------- ANALYSIS OF THE IMPACT OF FTA ON SINGAPORE’S TRADE AND RELATIONSHIP WITH ITS ASIAN NEIGHBOURS MIB39 GROUP A INSTRUCTOR: Phil EYRE GROUP MEMBERS: Janani GANESAN Rohan GULAGI Elea GINO Matilde GOMEZ GUZMAN TABLE OF CONTENTS Sr No | Title | Page Number | 1 | Introduction | 3 | 2 | Summary and Scope | 3 | 2.1 | Tariff Reduction | 3 | 2.2 | Outward Sourcing | 4 | 2.3 | Integrated Sourcing Initiative | 4 | 2.4 |
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1. Case summary: Russia used export taxes on oil after the fall of Soviet Union which caused a huge GDP declined. After that the new Russian government freed most consumer and producer prices and this abolished the state foreign trade monopoly. The export and the value add were proven as the largest sources of tax revenue for the Russian. Government reduced income tax after implementing this strategy. This strategy accelerate the GDP increase and the budget revenue doubled from 12%-24%. Only for
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