This paper discusses the problems of tariffs and non-tariff barriers (NTF) in international trade.
Essay # 66710 |
1,015 words (
approx. 4.1 pages ) |
3 sources |
MLA | 2005
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$ 21.95
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Abstract
This paper explains that tariffs, which are taxes on imports of commodities into a country or area, (1) supply income for the government and (2) are extensively used to defend domestic manufacturer's profits from overseas opposition; however, this defense comes at an economic cost to domestic consumers who pay higher prices for import competing goods and to the financial system as a whole. The author points out that, since 1948, when average tariffs on manufactured goods reached 30 percent in most developed economies, these economies sought to reduce tariffs on manufactured goods through numerous rounds of discussions under the General Agreement on Tariffs Trade (GATT). The paper relates that many non-tariff barriers, such as administrative refinement (arbitrary tariff classification), quantitative limitations (quotas and embargoes) and customs management (uplifting invoice value) are especially damaging to exports from developing countries especially the least developed countries.
From the Paper
"Economists and trade experts have been trying to certificate the occurrence of NTBs and are also struggling with the trickier task of shaping the particular financial consequence of a number of national or restricted requirements and regulations on limiting imports. Non-tariff barriers may comprise anti-dumping measures, new technological standards applied to imports, innovative security regulations, altered hygienic necessities, or more challenging procedures for import licensing and customs clearance. Experts say it can be tricky to differentiate among legitimate measures taken by industrialized countries to protect public health and promote consumer safety and regulations that abuse free-trade principles and unjustly limit imports."
Tags:restrictions, developing, import, domestic, quotas
An overview of the General Agreement on Tariffs and Taxes (GATT) and the World Trade Organization (WTO).
Term Paper # 137248 |
750 words (
approx. 3 pages ) |
4 sources |
MLA |
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$ 16.95
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Abstract
The paper relates that after World War II, the General Agreement on Tariffs and Taxes (GATT) was formed in 1947 to somewhat equalize the emerging international trade in peacetime. The paper explains that the idea was - and is- to give emerging and poor nations a better opportunity to do business internationally.
From the Paper
"Following World War II, there was a need to reestablish international trade. And in 1947 the General Agreement on Taxes and Tarrifs was formed. Among its provisions was the idea of reducing export and important tariffs to somewhat equalize international trade and give emerging nations some financial benefits: "Members are required to reduce the value of mainly direct export subsidies to a level 36 per cent below the 1986-90 base period level over the six-year implementation period, and the quantity of subsidized exports by 21 per cent over the same period. In the case of developing countries, the reductions are two-thirds those of developed...""
Tags:teriffs, trade, emerging nations
Looks at the dumping of products and anti-dumping legislation and activities, which have expanded greatly because of increasing world trade.
Term Paper # 147921 |
7,260 words (
approx. 29 pages ) |
21 sources |
MLA | 2010
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$ 96.95
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Abstract
This paper explains the concept of non-acceptable dumping into world markets that implies the selling of goods and services at a lesser price than the cost of production or below the level of prices being sold in the domestic market of the exporting country, the various types of dumping and the rationale for dumping. Next, the author presents the history of GATT (General Agreement on Trade and Tariffs) and WTO (World Trade Organization) dumping legislation and the procedures used to resolve international trade conflicts. The paper reviews other major anti-dumping activities and the anti-dumping code that provide protection from any kind of dumping of goods and services by major developing countries.
Table of Contents:
Introduction
Concept of Dumping
Types of Dumping
Rationale for Dumping
History of GATT/WTO Dumping Legislation
GATT/WTO Dumping Procedures
Anti-Dumping Legislation
Understanding Anti-Dumping Code
Conclusion
From the Paper
"As far as the WTO is concerned, it is another major international organization that governs the international trade. It was created in 1995, and can be regarded as one of the outcomes of the Uruguay round of multilateral trade talks. The Uruguay round which was full of complex negotiations was concluded in 1994, and can be regarded as a landmark in the history of trading systems. The rules of the trade policy games have also been established by the WTO for its members, and it includes the developing countries as well . At the time of writing such rules, the number of members stood at 144, and still there are more than 50 developing countries that are yet to join its membership."
Tags:china, lower prices, transparency non-discrimination evidence
An examination of the effects of the free trade regime on the United States.
Research Paper # 97137 |
3,381 words (
approx. 13.5 pages ) |
10 sources |
MLA | 2007
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$ 57.95
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Abstract
The paper explains the evolution of free trade and looks at the General Agreement on Tariffs and Trade (GATT). The paper also discusses the North American Free Trade Agreement (NAFTA) and its effects. The paper explores free trade advantages for the United States and the benefits of the free trade agreements. The paper explains the general advantages and disadvantages of free trade and shows how the free trade regime has a series of positive effects for the United States.
Outline:
Introduction
The Evolution of Free Trade
The General Agreement on Tariffs and Trade
The North American Free Trade Agreement and its Effects
The Free Trade Advantages on the United States
Free Trade Agreements' Effects on the United States
General Advantages and Disadvantages of Free Trade
Conclusions
From the Paper
"By the term "free trade" economists refer to an idealized market model, where countries trade their goods or services without being limited and inhibited by tariffs and taxes imposed by governments and non-tariff barriers (Wikipedia, 2007). Some say that in order to have real free trade, perfect competition is required, while others say that the absence of inhibitory taxes is enough for the free trade to take place."
"Although free trade is considered by some economists to have important advantages, that surpass the eventual disadvantages, free trade has its share of opponents, like some of the nationalists, communists, agricultural and manufacturing interests, and anti-globalization and some labor campaigners."
Tags:tariffs, taxes, GATT, NAFTA, protection, economy
A discussion of the benefits of international trade and its effect on the global economy.
Term Paper # 119185 |
1,420 words (
approx. 5.7 pages ) |
19 sources |
APA | 2010
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$ 28.95
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This paper discusses the importance of international trade on every country in the world and how the process of international trade is critical to the global economy of the modern world. The paper specifically discusses the General Agreement on Tariffs and Trade (GATT), the World Trade Organization (WTO), the production possibilities frontier, comparative advantage and free vs. restricted trade.
From the Paper
"There are countless goods and services that are imported and exported to the United States and other countries every day. World trade is essential to world economic development and growth. Standards and measures have to be in place to support the quality goods that are traded. In particular, food items are strictly monitored and regulated to ensure quality and sanitary performance through the use of a Sanitary and Phytosanitary Measure implemented by the WTO. This agreement maintains that a country must use the same quality measurement and sanitary methods of production/growth/handling food exports as if they were to be sold domestically. Most countries will use the same quality measures and sanitary standards regardless of whether they are exporting or importing food items as importing standards must also be equal to exporting standards (World Trade Organization, 2008)."
Tags:GATT, WTO, trade, consumption, production
Discusses the effects of the General Agreement on Tariffs and Trade (GATT) and conflicts with U.S. trade law. Examines antidumping, duties and trade barriers.
Essay # 22290 |
1,125 words (
approx. 4.5 pages ) |
13 sources |
1995
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$ 23.95
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From the Paper
"GATT, WTO, and U.S. Trade Law
This paper will discuss the effects of GATT and the WTO on U.S. trade law. The first part of the paper will discuss GATT and the relevant provisions of U.S. law. The second part will discuss the WTO's effects on U.S. law.
The General Agreement on Tariffs and Trade (GATT). establishes rules for the conduct of trade by more than 85 contracting countries and some 30 countries who apply GATT to their own foreign trade. GATT also functions as the primary international forum for the multilateral discussion of trade relations and the negotiation of reduced trade barriers. It is founded on a few basic principles: (1) a basic mandate for multilateral consultation to the real equitable resolution of trade disputes; (2) the general prohibition of quantitative restrictions upon ..."
A review of cases addressing discriminatory taxation in violation of the General Agreement on Tariffs and Trade.
Term Paper # 134160 |
750 words (
approx. 3 pages ) |
2 sources |
APA |
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$ 16.95
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Abstract
This paper consists of a case brief and the discussion of a hypothetical situation both dealing with discriminatory taxation in violation of the General Agreement on Tariffs and Trade. The paper relates that the dispute considered taxes which Japan had imposed on liquor, with higher taxes on imported vodka.
Tags:discirimination, tariffs, gatt
Insight into intellectual property in the international arena.
Essay # 45200 |
1,167 words (
approx. 4.7 pages ) |
3 sources |
MLA | 2003
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$ 24.95
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This paper defines intellectual regimes as principles that guide behavior in a particular area through norms, rules, and procedures. Regimes involving trade include the World Trade Organization (WTO) and the General Agreement on Tariffs and Trade (GATT). This paper looks at these two entities and how their existence and policies dictate and influence international trade.
From the Paper
"The world is now that of global markets, international trade, and fuzzy borders. Intellectual property, once easy to enforce because it remained within borders, now is much more difficult, especially with the introduction of the Internet. "The reduction of trade barriers and improvements in the transparency of trade policies must now reach beyond border trade measures to national product regulations and standards, because it is these differences that distort competition in world markets" (Ryan 197). When countries have unequal variations in their levels of property protection, the intellectual property market becomes tangled and very expensive. We cannot, however, demand minimum standards across the board on every type of intellectual property, nor can we demand them of all nations for there is nothing more sovereign than the state; there would be no one to enforce such requirements. Governmental organizations now exist to try to alleviate these problems through diplomacy and multilateral agreements. Enforceability is still a problem since each nation's "variations in level of wealth, economic structure, technological capacity, governmental form, and cultural tradition" all affect the interests and goals of the state (191). Now more than ever in this global community, there is a demand for an international regime in intellectual property, caused by the variations in protection."
Tags:diplomacy, gatt, knowledge, wto, globalization
This paper discusses how advertising became an ubiquitous part of modern society and the roles it fulfills.
Essay # 100445 |
2,090 words (
approx. 8.4 pages ) |
10 sources |
MLA | 2007
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$ 39.95
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This paper stresses that the phenomena of modern society, such as globalization, multinational corporations, the World Trade Organization and even the General Agreement on Tariffs and Trade (GATT), could not have come about without advertising stimulating the active and willing cooperation of consumers to create modern consumerism. The author points out that advertising conveys the message that consumers can bury their insecurities and anxieties in their latest purchase. The paper argues that advertising does not aim primarily to persuade the consumer to buy the necessities of life but rather to create new and greater needs. The paper includes some long quotations.
From the Paper
"Advertising is a relatively new phenomenon - simply because before there could be advertising, there had to be products to sell, and consumers to buy them. However, until around 1650, most English people were focused on the prosaic task of avoiding starvation. Around that time, agricultural productivity reached levels that made starvation unlikely, even when grain prices went up. ... Later, in the 18th century, populations throughout Europe grew at record pace - and the quantities of goods available to buy grew even faster. At the same time, the bourgeoisie was growing in strength and numbers, urbanization was proceeding rapidly, and secularization was proceeding slowly."
Tags:consumerism, suggestibility, youth, coolness, diversion
An analysis of the challenges and requirements companies, nations, trade union should meet in order to survive international competition.
Research Paper # 3521 |
6,200 words (
approx. 24.8 pages ) |
16 sources |
2001
|
$ 87.95
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Abstract
This paper examines the world of international business by analyzing individual companies, nations, and other trade agreements including European Economic Community (EEC), North American Free Trade Agreement (NAFTA) and General Agreement on Tariffs and Trade (GATT). The author studies the implications and challenges of becoming an international company and at the same time, discusses the requirements a company must meet in order to survive international competition.
From the Paper
"As this month's events have once again demonstrated, we are all linked together in a single world, one in which the idea of the modern nation-state itself is becoming increasingly less meaningful. Even as political alliances bind the world together, we also find ourselves powerfully reminded of the way in which the world is a single entity in terms of its economic systems as stock markets rocked throughout the world and talk was of how a recession in the United States would have international implications, even as U.S. markets themselves had been weakened in the past several years due to weakness. This economic interdependence is in part due to the importance of international trade. But it is also in large measure do to the ever-increasing importance of companies that do business internationally. This paper examines the current situation of international business, presenting a survey of the range of such businesses and outlining both the external contexts in which such companies conduct their business as well as the internal organization that is needed for a company to be able to function efficiently in an international context."
Tags:agreements, subsidiary, organization, global, tariffs, tax, customers, human, society, euro, profits, raw, material, personnel, expertise, economic, resources, member, policies, currencies