Indian Shrimp Industry vs Anti-dumping allegation On 31st December, 2003, the Ad Hoc Shrimp Trade Action Committee (ASTAC) files an anti-dumping petition against 6 countries including India. The case was backed by the Southern Shrimp Association (SSA) of the USA citing dumping of shrimps by the listed countries in the US market paralyzing the domestic industry. Events and their impact on India and US were as follows: a) The US Department of Commerce (DOC) initiates the investigation and notifies
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key to many results. With a world that has significant capital mobility, the Ricardian theory of trade is more useful than Hackscher-Olin (Mankiw, 2007). Despite that the US has an great quantity of capital, the exports are labor intensive while imports were capital intensive, according to Leontief. America has a superior economic organization and economic incentives which results in the American workers being three times more efficient than foreign workers (Leontief Paradox, 2013). More effective
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partner China´s Trade Surplus Vs. USA´s Trade Deficit Countries that have open economies are those who carry out economic activities with other countries and trade goods and services. Countries can export, which means selling domestic goods and services to another country or they can import, which means buying goods and services from another country. An economic surplus makes reference to having a positive balance of trade; when a country´s exports exceed its imports. On the other hand, a trade
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Abstract There are four types of expenditures: consumption, investment, government purchases and net exports. Each of these expenditure types represent the market value of goods and services. The expenditure approach to calculating gross domestic product for the nation, or GDP, uses these four expenditure categories as a measure of economic growth and activity. As these four expenditures go up, the economy expands and businesses of all sizes do better; as they go down, the economy contracts and
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Balance of Trade The balance of trade is the difference between the monetary value of exports and imports in an economy over a certain period of time. A positive balance of trade is known as a trade surplus and occurs when value of exports is higher than that of imports; a negative balance of trade is known as a trade deficit or a trade gap. Bangladesh Balance of Trade Bangladesh recorded a trade deficit of 977 USD Million in November of 2012. Balance of Trade in Bangladesh is reported by the
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portfolio in Euro denominated bond. 1/23/13 * Decline of the dollar * Devaluation -> inflation * Expectations of devaluation * Purchasing Power Parity-Long Run * Increase imports price (demand inelastic-not sensitive to price) * Domestic producers increase prices * CPI * Interest rates – short run predictor * Real interest rates * Nominal interest rates with the rate of inflation * Negative real interest
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India’s Economy Vs China’s Economy College of Business Administration Macroeconomics Table of content History of the Indian Economy 3 India GDP Growth Rate 3 History of the Chinese Economy 4 China GDP Growth Rate 4 Economy of India
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The economic environment impacts the Nike corporation in a variety of ways. During the 2008 recession many companies laid off employees, stopped hiring, and even shut down businesses entirely. Nike was a company that handled the recession relatively well because they offered a product people like and could trust. Though Nike products can be relatively expensive, they offer quality products, which is a reason why they are the most profitable company in terms of sports clothing and attire. The competitive
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from imports. 1. Exports May be only manufacturer of new product Overseas customers learn of product, export market develops 2. Foreign production Export volume grows Production technology becomes stable Reduced costs for transportation Exports diminish 3. Foreign competition Foreign manufacturers gain experience Compete in export markets 4. Import competition Foreign producers obtain economies of scale Compete in quality and undersell domestic company in domestic market
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INTERNATIONAL COMMERCIAL TERMS 1. Overview on International Commercial Terms 1.1. Concept Incoterms are rules for interpretation of trade terms which clarify the distribution of functions, costs and risks relating to the transfer of goods from the seller to the buyer. 1.2. Evolution of Incoterms rules 1936, 1953, 1967, 1976, 1980, 1990, 2000, 2010 To reflect trade practice more precisely GV Nguyễn Thị Minh Hà 1 INTERNATIONAL COMMERCIAL TERMS 1.3. Content of Incoterms rules
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