Essays on Tariff

The development of human society is inextricably linked to the use of our planet's natural resources, with the consumption of various types of energy in ever-increasing scale. All the achievements of modern civilization - a huge variety of goods, different in speed and comfort, transportation, space travel, etc., are possible thanks to the huge amount of artificial energy, which produces humanity. The basis for the production of thermal and electric energy is the process of burning fossil fuels -coal, oil, gas. The scale of the production and consumption of fossil fuels, metals, water, air for the production of essential ...

1. Jackson was remembered as one of the most popular presidents who did a lot to strengthen the US. Nevertheless in order to achieve this goal he used undemocratic methods of government. Jackson's presidency began with great success in the economy but war with the banks was a major issue of Jackson's presidency. He approved the transfer of government funds from the accounts of the Second Bank of the United States in more robust credit institutions. Second Bank actually reduced the amount of money in circulation, demanded to return of all loans and refused to issue new ones. Jackson’ ...

The Pacific Brands has four main stakeholders which include the employees, customers (community), suppliers and shareholders. The corporation has a talented team of employees working in various regions where it has business units. The employees are motivated thus enhancing efficiency in service delivery. The corporation has ensured motivation of the employees through creating a conducive working environment. Additionally, the company is unique in its production something that has been encouraged by outsourcing some of its services. This has led to the attraction of many customers for its products. Pacific Brands has also taken measures to reduce environmental pollution through ...

The trade and investment relationship between Australia and China demolishes the theory of comparative advantage. According to Adam Smith and Ricardo, it makes sense for a country to focus on the production of goods and services it can do efficiently and purchase goods and services it produces less efficiently from other countries. When this theory is applied to the trade relationship between Australia, a rich country and China, a poor country, we arrive at a paradoxical outcome. The introduction of a free trade regime resulting in Australia-China trading relationship implies that Australian consumers will pay lower prices for imported ...

2017-01-05

Five-Force Analysis 3 Key Success Factors of the Company 4 SWOT-analysis 5 Recommendations 6 III. Conclusion 7

Introduction

This paper is devoted to the strategic analysis of the company Ryanair. It is an Irish low cost airline that is well-known in Europe. This company operates since 1985 and offers flights to around twenty seven different countries. There are no any incidents that could be associated with human victims during the whole company’s activity. Ryanair has become a truly budget airline in the 1990s. It has abandoned the business class, expensive airports and long-distance flights. As a result, in 1995 ...

Significant increases in the national debt, with no relief or plans to deal with the problem, and its effect on the economy An increase in national budget, with no relief or plans to deal with the problem, will result in a deficit, or more spending with less national input. Repercussions for a budget deficit can mean more borrowings for the national government from the private sector, such as the selling of bonds or gilts to the private sector. The debate over the budget deficit has two opposing views. The first one is that the deficit is destructive to the ...

International Business Division

International Business Division

The population of Germany accounts for 80.6 million, out of which 74% population accounts for the urban population. The ethnic amalgamation is found to be extensive due to the prevalence of German population with the majority of 91.5%, Turkish population with the majority of 2.4%, whereas 6.1% population accounts for the Greek, polish, Italian and Spanish minorities. In accordance with the religious aspects, 34% population accounts for the Protestant, whereas 34% population accounts for the Roman Catholic. Similarly, 3.7% population accounts for the Muslim religion, however, 28.3% population account for the other unaffiliated religions (Statista, 2016b). ...

Define and discuss time and space utility

Products must be transported from the place where they are produced to the place where customers demand it to be delivered. The value-add that the product gains due to its transport is called space utility. The time utility is the length of time before or between the product deliveries, which consists of mostly storage and inventory time. When the organizations are able to deliver the goods at a time they are needed, then their time utility increases.

What is the Total Cost Analysis and how does is affect logistics?

Total cost analysis provides the methodology for integration of logistics, manufacturing, and procuring costs across the network. This is done to achieve ...

Solar energy harnessing through the use of solar panels installed in small homes presents better alternative to the hydroelectric provided through the national grid. While the use of solar panels may provide several advantages over the use of hydroelectricity, its usage presents several pitfalls to the user. It is imperative to investigate and outline the possible costs and advantages associated with the use of solar panels as a source of harnessing solar energy before installation is started. In most cases, the decisions concerning the installation of solar panels as the primary source of electricity are normally based on the ...

YOURNAMEHERE

YOURSCHOOLHERE C13 Economics Assignment 08 Part 1 Monopolies develop in several ways (Vandewetering, n.d.). There are “natural” monopolies that emerge from the scales of some businesses. Electric generation utilities, for example, require multi-million dollar investments in the plant and more millions to build the distribution infrastructure. At these levels of entry costs, virtually no competition can develop. Some monopolies develop around ownership of a scarce resource. The DeBeers company, for example, controls a large percentage of the world’s supply of diamonds. The third form of monopoly is the result of government action. For example, patent and copyright protection ...

Saudi Arabia, being the largest Arab nation both in physical size and the size of the economy, was ranked as the 15th largest exporter and the 20th largest importer in the world in 2014. The country is ranked high in the foreign trade market because of its great participation in the global market. Shoult (2006) argues that, being the largest economy in the region, Saudi Arabia plays a crucial role in the Arab world economy, accounting to more than 25% of Middle East’s G.D.P (Gross Domestic Product). The nation’s strong economy and a rapid economic growth rate ...

Report for McDonalds

Italy and Russia

Figure 1: GDP per Capita at Constant Prices Figure 2: GDP Growth (Annual %) Figure 3: Inflation Rate CPI Figure 4: Unemployment Rates Figure 5: Policy Interest Rate (%) Figure 6: Russia Interest Rate (%) Figure 7: Current Account Balance in Italy (% of GDP) Figure 8: Current Account Balance in Russia (% of GDP) Figure 9: Russia Interest Rate

List of Tables

BUSINESS OVERVIEW McDonald’s Corporation is the world's largest chain of hamburger fast food restaurants, serving around 68 million customers daily in 119 countries across 36,538 outlets. Founded in 1955 by Ray Kroc in Des Plaines, Illinois, 80% of the ...

INVESTMENT ANALYSIS OF VIETNAM

INVESTMENT ANALYSIS OF VIETNAM

Summary

Vietnam has changed in the last thirty years from an agrarian country to a service and manufacture country leader in the world in growth and economic activity. The country has a communist system legally but, in the practice, the country has a liberal policy in the economy signing the Trans-Pacific Free Trade Agreement but maintaining the political control under the rule of one party. The country offers opportunities and risks for individual and corporation with the intention to invest.

Introduction

Vietnam is known in the world as the country where United States of America lost a ...

McDonalds has come to create a network in both Italy and Russia. Italy seems to have better balance of payment and government balance indices, interest rate, trade policy instruments and not needing to lose over currency rates while dealing with Eurozone importers, and even unemployment and GDP growth rates. However, unemployment and the lack of growth indicating poor economic performance and social welfare situation may advantage the brand in Russia through better low-cost labor availability and consumer reorientation on less expensive restaurant offerings. Overall, neither of the country is the ideal market for the brand, yet both have their ...

Motivating staff in times of crisis

Abstract The economic crisis threatens the business not only with financial problems and loss of its market position but also with the loss of skilled personnel. At the same time the competent staff is viewed as an effective instrument of overcoming the crisis. One of the major challenges for the management of the company during the crisis is the retention of key employees. However, the education management and leadership focus mainly on the production management, marketing, finances, without enough attention paid to the improvement of the process of staff motivation. It results in inefficient system of management within the ...

Investigative Study: Hotel Industry in Singapore

Abstract The hospitality industry, which has become today one of the largest industries in the world economy continues to grow rapidly. There is strong competition among the enterprises of the hotel industry, the hotel and each enterprise seeks to gain its market segment. In order to not only keep their business, but also to develop the company in this sphere needs money, which can be obtained only from the client. Therefore, the hotel should be able not only to attract, but also to encourage the client to purchase their services, and to return again and again. The success of ...

INTRODUCTION

Mongolia is located to the north of China and is said to host 10% of the world’s known coal reserves which is estimated to be equivalent to 162 billion tons. Coal export accounts for the largest chunk of total Mongolian gross domestic product (GDP) at roughly 22%. This is equal to approximately 80% of the county’s exports (Voroshilov 34). In the country, production and exportation of coal, specifically coking coal, is primarily undertaken by the Mongolian Mining Company (MMC). Coking coal refers to a type of coal that is absolutely essential to the process of steel production. ...

Oil is one of the rare mineral commodities that sustain livelihoods, transportation and industrial processes across the world as one of the major sources of global energy. It is mainly produced by countries located astride ocean floors and also desserts, mostly Arab states in Africa, Asia, and some parts of Europe and Americas. In its crude form as a naturally occurring substance, it is found embedded in particular rocks on beneath the earth’s crust. It is from these crude oil that more refined petroleum products such as gas oil, naphtha, gasoline, kerosene, liquefied petroleum gas and petrol are ...

Macroeconomics: The State of U.S. Trade Policies and the GDP

Introduction

According to a report published in the Washington Post said" 20 years ago globalization was pitched as a strategy that would raise all boats in poor and rich countries alike. In the U.S. and Europe consumers have their pick of inexpensive items made by people thousands of miles away whose pay was much lower than theirs. And in time trade barriers would drop to support even more multinationals expansion and economic gains while geo political cooperation would flourish"( Collins,2015). This statement clearly implies that globalization is beneficial for ...

Political - Legal Factors

The Riverlife operates in Australia and the political-legal factors of the country are likely to have a strong impact on the operations of the business. The business laws of Australia are developed to look after the rights of customers and to increase competition and trade in the market. Australian business laws also stress organizations to engage in ethical and legal practices to ensure that there is a positive and increased competition in the market (Prasad & Tata, 2003). The country also supports the practice of consumer laws whereby such laws protect the rights of the customers and provide them with ...

Significant Distinctions between Economic Growth and Economic Development

Economic growth measures the amount of money that is changing hands in the economy. It thus refers to the rise in the value of everything that is produced in the economy. Growth takes place when the worth and number of commercial transactions increase in the economy. Economic expansion does not factor in the magnitude of the informal financial system. The informal financial system which is also the black financial system is an economic action that is unrecorded. Economic growth gauges an increase in real Gross Domestic Product (GDP). It can therefore be expressed in terms of GDP and Gross ...

Introduction

Just like his grandfather who was the ninth president of the U.S, Benjamin Harrison followed the in the footsteps on how his grandfather governed the country during his tenure from 1889 to 1893 as the 23rd president of the America. His election gave a confirmation that the White House demands a great personal skill and political expertise (Moore & Hale 13). Not meeting these attributes would stimulate a short-lived reign. During Benjamin’s administration, there wasendorsement of the protective tariffs that resulted in the increase of the consumable goods and considerably triggered the country’s economic despairs. Benjamin’s bold ...

Section

A commercial flight or a common carrier one is expected to exercise the highest degree of care in its undertaking, in contrast to contract carrier operators who are only expected to perform their duties with the care expected from an average person. Thus, to prove that it is not liable, it has to show that indeed it exercised extraordinary diligence. Is the assumption of risk defense available to an airline to defend against lawsuits brought by injured passengers or the survivors of passengers killed in an airline crash? Why? No. the reason behind this is anchored on statistical evidence. ...

Introduction:

Outsourcing is a cost saving practice in which one company provides different goods and services to another company. It is used by different companies to transfer some portions of work to outside suppliers instead of completing it internally. It describes the strategic use of outside resources to perform organization's internal activities. It help the companies to get more skills and expertise from outside suppliers. Outsourcing is an act of acquiring products or services from an outside company that is known as vendor or supplier. The history of outsourcing is embedded with a history of the growth of modern technology ...

Executive Travel Report

Tel Aviv Tel Aviv (Israel) Fast Facts Status Financial center of Israel and 2nd most populous city Time zone UCT/GMT +3 hours

Political system Democracy

Main religion Judaism Language(s) Hebrew, Arabic, English Currency exchange rate 1 ILS = 0.26 USD; Inverse 3.76 USD

Arriving to Ben-Gurion International Airport (Tel Aviv)

The airport is located 20 km (12.5 miles) outside the city. Equipped with 3 terminals, the airport is designed to service approximately 16 million travelers a year. You will arrive to Terminal 3 that accepts international flights. Inside the terminal you will find an emergency clinic, post office, currency exchange centers, 24 hour banks and a number and of ...

The rationale of this report is to analyse the marketing information and facts of a company in UAE that is planning to enter an international market. The company chosen for this report is Anfasic Dokhoon that plans to start its operations in Tunis, Tunisia. The report contains the background of the Anfasic Dokhoon Company and the market analysis in Tunisia. The report also provides the marketing mix of the company as well as the staffing policies that would enable it to compete fairly in the international market. The potential suitability of various market entry strategies available to the company ...

Establishment of BRICS was one of the most significant political events of the beginning of the XXI century. BRICS is a group of five fast-developing countries: Brazil, Russia, India, China and South Africa. The organization was founded in June 2006 during the St. Petersburg`s Economic Forum with the participation of the Ministers of Economy of Brazil, Russia, India and China. Before the inclusion of South Africa in 2010, the organization was known as BRIC. For the first time the acronym BRIC was proposed by Jim O'Neill Goldman Sachs`s Bank analyst in November 2001. The sequence of letters ...

UAE Specific Trade Agreements

The UAE has become a very ineresting trading zone in the world. In order to ensure that there is peaceful and fair business practices, the UAE has employed the use of Trade agreements. The Gulf Cooperation Council (GCC) is the first one. Its main goal was to build on achievements made as well as make stronger the ties among its participant countries which further sort to harmonize their economic, financial, monetary policies, their commercial and industrial legislation and custom laws (Dubaided, 2016). It is applicable to the following trade zones; Bahrain; Kuwait; Oman; Qatar; Saudi Arabia; UAE. Greater Arab ...

Vehicles and Auto Parts Exportation to Canada

Vehicles and Auto Parts Exportation to Canada

Introduction

The products to be exported are vehicles and auto parts. They are being exported to Canada. A large percentage of imports in Canada come from the automotive imports originating from the United States. Canada spends an estimated 19 billion dollars on importing automotive from the United States (Transport Canada, 2016). Also, three quarters of the cars being used in Canada are imported from the United States. It means that Canada has a large market for the automotives. A larger percentage of the companies in the automotive industry comprise of assembling firms. The ...

For the first time, the initiative of the Trans-Pacific Partnership (TPP) was put forward by New Zealand, Singapore and Chile in 2003. In 2011, after the accession of the US the concept of the agreement was essentially changed. Since 2011, nine countries were conducting negotiations on accession to the Trans-Pacific Partnership: USA, Australia, New Zealand, Malaysia, Singapore, Vietnam, Brunei, Chile, and Peru. Canada and Mexico joined the negotiations later, and in 2013, Japan joined them. Currently, these countries make up the basic structure of the partnership. There is a possibility that the Republic of Korea, as well as Taiwan, ...

Trade barriers were imposed by different countries from long time. These restrictions were imposed to earn revenue for the government and to protect the domestic industries from the competitive foreign firms. There are different protectionist policy of the government that restrict a country to import goods and services to foreign countries. Through free trade is good for a country but it reduces the domestic employment of a country, creates problem among the small scale industries of the domestic country, and problem in the nation security. One such restriction is high and unfairly applied tariff. India has imposed anti –dumping ...

Saudi Arabia, the birthplace of Islam is the largest country in the Arabian Peninsula. It has been an ancient trade center. Trade was considered crucial for the development of the country in the earlier period. Different trade routes were developed to transport agricultural goods. Saudi has emerged from an agricultural society into a diversified economy and is at present the world’s largest oil producer. Increase in oil exports, helped the country to build basic infrastructures and also improve commerce and industry. This resulted in an economic transformation and progress to become a fast developing country in the world. ...

the Trans-Pacific Partnership Agreement

Government or Governance and the Trans-Pacific Partnership Agreement

Government or Governance are two different issue that deal with several of questions and issues about modern society. Problems are much more complex now, than they were a century ago. Government is only one part of modern society. The backbone of government is the ability to have power that is created by laws, regulations, and impressing taxes on the people it is supposed to govern. Modern society also includes the business sector that remains in power as long as there are consumers to buy whatever the business is selling. Society gives the business sector power ...

Global Risk Assessment: New Alcohol Beverage Venture

Fundamentally, risk assessment entails identification and analysis of potential hazards that may occur in an organization and their resultant effects. The occurrence of risks often results in disruption of normal operations and performance of the affected entity. Before the formulation of a risk assessment strategy, due considerations must be given to nature as well as the causing agents. Risk assessment is essential for the success of an organization. Identification of potential hazards helps in determining the necessary and effective measures to be used in controlling them. Besides, protection of employees and the entire business enterprise is a state requirement ...

1.0 International Trade and Legal Issues International trade can be described as a combination of activities conducted by either individual, corporate entities, or the government in pursuit to exchange goods and services with other countries internationally or across territories. However, for this trade to be conducted smoothly, states put in place regulatory rules and legal directives that help to control such engagements. These regulations are determined by the type of commodity to control and the nature of procedures followed in the entire business process. Importantly, these rules help the government to either prevent the entry of illegal and counterfeit ...

There are various trade barriers in the food retail industry in the United Arab Emirates. Most of these trade barriers are usually directed to the foreign multinational companies trying to enter the market. The first barrier is the food standards set by the United Arab Emirates. In the year 2008, UAE joined the gulf standards, which is an organization that develops the various food standards (Anderson et al., 2010). The organizations set standards and rules relating to labelling standards and shelf life. These regulations are normally made possible through the various committees such as the organic food and biotechnology ...

Japan and Tariff-Free U.S. Rice In 2015, Japan proposed a set of 70,000-ton import quota for tariff-free U.S. rice. This quota is substantially lower than what the United States had demanded. The United States quota was 175,000 tons. Rice is one of the key issues remaining between Tokyo and Washington. Currently, Japan imports 770,000 tons of tariff-free rice on year. This is approximately 7 percent of the total amount of rice consumed. Of that volume, only 100,000 tons of rice is bought for actual consumption. The rest of the rice is designated for its use ...

I. Introduction A. Opening Remarks: For centuries, countries have been working on having easy access to foreign markets for a variety of reasons. B. Thesis Statement: Although the NAFTA presented positive changes to the economies of all signatories, the labor market suffered in some areas of the United States and Mexico due to the changing labor demand in the market and the lack of opportunities for the rural folk. II. Background of the NAFTA A. History: Economic integration has long been an issue discussed by North American governments since the 1900s. B. Aims: Under the NAFTA, each signatory will ...

Q1. Identify two strategies based on the fiscal and monetary policy that would encourage people to spend money in order to create economic growth. Fiscal and monetary policies are demand side policies that can be strategically employed for realizing economic growth by motivating consumers to spend money. It can be made possible by brining an increase in aggregate demand (AD) if the economy is passing through recession or growth is below the expected level (Pettinger, 2012). Monetary policy can be the most randomly used tool for impacting economic activity. To encourage AD, the Central Bank of a country can ...

Introduction

The economy of Japan has seen a downturn with the economic crisis in the year 2008. Every country has been faced with the consequences that resulted in different impacts. The paper will present the economic indicators and overall economic situations in the Japan. The background of the country’s economic policies will be present, with international and regional trade agreements. The focus will be on presenting the specific economic data along with the definitions and interpretations. Further on, the current state of the country’s economy will be examined in the light of trade, fiscal and monetary policy.

Background on the country and recent economic policies

Japan ...

INVESTMENTS

Economic overview The economy of Jamaica greatly relies on services that accounts for over 70 percent of its GDP. The Nation continues to earn most of the foreign exchange from remittances, tourism and alumina/bauxite. Both tourism and remittances accounts for 30 percent each, whereas alumina/bauxite exports contribute roughly 5 percent of the GDP. The alumina/bauxite sector was the greatly affected by global downturn whereas the remittance flow and tourism industry remained resilient. The economy encounters several challenges to its growth including soaring corruption and crimes, huge-scale underemployment and unemployment as well as a debt-to-the-GDP ratio that is about 130 ...

I. INTRODUCTION The Organization for Economic Co-operation and Development (OECD) defined entrepreneurship as enterprising activities in pursuit of value generation through the creation or expansion of economic activity, either by “identifying and exploiting new products, processes, or markets”. Entrepreneur activities serve as the economic indicator of private investments in the 34 member countries, which include Canada, one of OECD’s founding members. In June 2015, Industry Canada issued a document, Determinants of Entrepreneurship in Canada, which contains six determinants of private investments in Canada consistent with the framework set by the OECD. This framework was an offshoot of the ...

There are different approaches to define small economies. Besides usual quantitative ways to measure country’s smallness by its population, territory, GDP and other criteria, there some qualitative factors that are used to define the economy’s scale. Some economists state that small economies are those that adopt “price taking” policies as they cannot dictate their rules in the market, neither significantly influence trade rules. This peculiarity of small economies mainly lies in the fact that such countries have limited resources. Hereby, small countries are more dependent on imports and are forced to accept trade agreements offered by large ...

Problem 1

a.) Impact of globalisation on Australia’s automotive industry:

The industry has access to major world markets like the U.S.A and Europe. This presents an increased market size to which the industry can participate by selling their products. This means that globalisation is providing more opportunities to the Australian automotive industry.

Globalisation provides major vehicle producers with a grater choice as to the locations for designing vehicles, obtaining supplies of a particular model they produce and a choice as to where they obtain components for their various models. This has resulted in an increased competitive pressure for the Australian automotive industry since ...

South Korea and U.S. struck a deal to revive an agreement that that could drop obstruction on a wide collection of goods and services. The U.S. and South Korea negotiators broke a three year impasse over the joint agreement by reaching an agreement on a deal to steadily lower U.S. tariffs on Korean automobiles. The U.S. president is now facing a difficult final push to bring the deal into force which has to win approval from incoming legislative body in January. The deal must also win ratification by South Korean law makers.

The deal gave a boost to the U.S. president’s efforts to double ...