Essays on WTO

Benin imports are more than it exports. The country should devise ways of increasing its exports and avoid excessive reliance on imports. The majority of its industries are young, and countries export a lot of unprocessed raw materials. The young industries cannot produce goods at low cost and compete with large firms of industrializing countries in the international market. Besides, unprocessed goods are sold at a relatively low price (International trade centre 1). The government should be more involved in the trade to ensure value addition to its exports. The government should start industries that process cotton and other ...

Guinea Bissau is one of the world’s smallest economies (World Bank). This is largely due to political and economic instabilities that have affected the country’s development. Despite these challenges, the economy has shown growth over the years with a gross domestic product growth at the rate of 4.9% (World Bank). According to the Africa Development Bank, Guinea Bissau’s imports grew to 377 million dollars in 2016 while exports were at 244 million dollars, leading to – 153 million dollars in trade revenue (Africa Development Bank). 32% of Guinea Bissau’s export is in gold, followed by crude ...

Introduction.3

Political analysis 3 Economic analysis .4 Social analysis 5 Technological analysis ..6

Legal analysis .6

Environmental analysis 6 Conclusion7 Recommendations7

References.7

Introduction Out of one hundred and ninety six countries in the world, Spain was chosen for this assignment in order to conduct PESTLE analysis. Political, economic, social, technological, legal and environmental factors are going to be analyzed systematically and the information is taken from one of the relevant and credible sources – CIA World Factbook, and others. General factors about Spain are going to be reviewed first before proceeding to the analysis of Zara in order to have a better understanding. Zara is ...

Introduction

The European Union is the result of the flow of economic integration in the world. It was created in 1958 and became a powerful economic group. Within the framework of the Union, the benefits of mutual trade are established, the general economic policy is carried out, and restrictions on the movement of goods, capital, and labor are constantly removed (Krugman, Obstfeld, and Melitz, 2014). The creation of the EU was due primarily to the fact that in Western Europe after the Second World War, the contradiction between the international character of modern production and the narrow national and state ...

The Asian Financial Crisis that occurred in 1977 had a huge negative impact on various countries including South Korea, Singapore and specifically hampered their banking sector. However, China was not swamped in this financial catastrophe and sustained financial growth. ‘Nonetheless, China has numerous banking hitches similar to its neighboring countries, especially poor corporate governance, over dependence on banking system, and vast number of bad loans’ (Peng). Chinese banking industry certainly has a substandard governance and corporate management that is inundated with political interfering from the Government. There is a collision of interest various stakeholders as in the ‘central political ...

Introduction

In essence, countries relate in order to meet the needs of their people in terms of resources, economy and political influence. Since the political independence of most countries, the governments interacted to seek support and such resources as energy. In this regard, each country had it form of civilization and growth depending on the time when governments stabilized. This research evaluates the relations between the USA and Canada in the global economy as key entities in the North America.

Relations between USA and Canada in global Economy

Policy and Complaints The relations between political economy of Canada and the United States have become continuously straining than the ...

INNOVATION AND TECHNOLOGY

Introduction Objective of discussion The aim of this essay is to critically review the reliability of the legal registration and protection system as it relates to protection of innovation ideas. The essay will specifically discuss about national and international protection system. Innovation as per Thumm (2013) is basically developing a new idea and putting it into practice. May (2013) states that it is crucial to restrict and protect innovations so as to develop a unique new value to customers. Innovations are protected by the legal registration and protection system. However, a number of innovations have failed to receive a ...

Neo-liberalism encourages economic liberalism, promoting the divide between the rich and the poor; it is active today, that is why it’s neo or new. However, it has lost dominance since the 1990s because of growing awareness of, and resistance to, its negative consequences. Peters and Bourdieu point out that The World Bank, the IMF, the WTO, the Asia Development Bank (ADB), the OEC, the General Agreement on Tariffs and Trade (GATT) and the GATS have promoted neoliberal policies like privatisation, free trade, lowering labour costs and shrinking public expenditure (qtd. in Jiang 13). The neoliberal policies imposed by ...

Question 1: Brazil vs. the United States

In 2002 Brazil filed a lawsuit in the World Trade Organization (WTO) Dispute Settlement System challenging the United States farmers for violating most of the trade agreements. The case was touching different farmers including fruits, vegetables and cotton farmers. Brazil looked unhappy by the actions the United States was taking to give its farmers some advantages such as providing grants, subsidiaries which according to the WTO was to be prohibited (Mercier, p.31). Therefore, due to the unfair competition, the US farmers were provided; Brazil decided to seek a resolution from the WTO. The WTO ruled against the United States. ...

Briefing Paper 1

a.) The “act of state doctrine” provides that a court in the United States, cannot pass judgement on the actions of a foreign government taken within their own country or territory that it has jurisdiction over (Cheeseman, 2012). In essence, the doctrine bars U.S. courts from interfering in the domestic policy actions of another government in their own country. b.) Under a communist theory of the world, the government of Cuba did act ethically when it appropriately the Glens’ property. From an American perspective, the expropriation was not only ethically questionable but most likely illegal. Club Med, under the ...

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 ...

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 ...

Influence of Internal and External Stakeholders

A political agenda is a set of policies and topics under discussion put forward by different political groups, and discussed by a governmental executive, or a government cabinet. Political parties shape and set political agenda when they want to promote its polices, obtain news coverage and increase the support. Nowadays every single day “people are affected, directly and indirectly, obviously and subtly, by an extensive array of public policies” (Anderson, 2015). Public police is a system of regulatory measures, laws, actions and funding priorities related to a certain topic declared and developed by governmental bodies and officials or its ...

Introduction – History & Background3

Operations in the Emerging Markets4 International Strategy7 Acquisition of Household International7 Expansion of Financial Services in Rural China8 Challenges Affecting HSBCs operations in China11 Conclusion13 References14 Globalization is a process of interaction and integration among the people, companies and governments of different nations. It is a process that is driven by international trade and investment and aided by information technology. This process has effects on the environment, culture, prosperity, human well-being and economic development all across the world. The global strategy covers three important areas of global, international and multinational strategies that are specifically designed to enable a particular ...

US Elections 2016

Abstract The U.S. presidential campaign of 2016 is raging on and on. With the November approaching, and the campaign being on the rise, political issues of the U.S. are becoming more interesting to the world society. Till the beginning of May the number of candidates was still pretty sufficient to make any projections. Under Clinton’s presidency the relations between the U.S. and China may turn into a complete mess. According to her position, the U.S. should observe its national interests, and if China is an obstacle to their achievement, the relations between them should be at a minimum ...

The Ming dynasty in the 1600s made considerable and deliberate efforts in a bid to ensure that its regions remain under one ruler. A Buddhist monk who was also a peasant found the dynasty, rose to the rank of an army general and led a rebellion against the Mongols. The monk assumed the name of Hong Wu and made the decision to have Nanjing as the capital of China, but a latter emperor of the dynasty moved the capital back to Beijing. One of the major roles that Hong Wu assumed as the emperor include reorganizing every aspect 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. ...

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 ...

Could Free Trade Agreements be a effective instrument to regulate climate change mitigation measure in the context of missing a comprehensive multilateral instrument?

The recent century is featured with the expansion of the international trade in the global scale. The development of the trade legislation and increase of the volumes of import and export relations between the countries gives rise to the question as to whether globalization of international trade affects the spread of the climate changes. In this regard, the majority of the experts in trade sphere consider the role of the World Trade Organization in the mitigation ...

Part 1 Option 1: Video marketing campaign site (1250 word equivalent)

URL =

Video Script

Talking Head Hello, are you looking for latest games, HD videos, music, and memorabilia or caters? That is always a daunting task to do by yourself when we are here and ready to serve you. We are a U.K based company that specializes in selling video games, both latest and all-time favourites that will always leave you wanting for more. Also, we have been dealing with all range of videos and music genres and we guarantee you will not miss your portion too. Additionally, we have a range of memorabilia and caters that you can order anytime and ...

INDICATORS:

Income level: High Income Population: 35.54 million (“Data” 2014) GDP at market prices (Current US$): $1.785 trillion (“Data” 2014).

GDP per capita (current US$):

$50,230.8 (“Data” 2014). GDP growth (annual %): 2.44 (“Data” 2014). FDI Inflows: $59.6 billion in 2014 (“Trade Policy Review” 5). FDI Outflows: $58.2 billion in 2014 (“Trade Policy Review” 5).

Balance of Payment:

Current account balance (BoP, current US $): (-) $ 37.47 billion (“Data” 2014). Current account balance (% of GDP): (-)2.1% (“Data” 2014). Import of goods and services (BoP, current US$) : $580.7 billion (“Data” 2014). Exports of goods and services (BoP, current US$) : $564.6 billion (“Data” 2014). ...

Visitors’ Perception on Westminster London as a Sustainable, Responsible, and Environmental Friendly Destination

Referencesp.41 List of Figures Figure 1. Findings from the questionnaires Figure 2. Finding for three sections of sustainability, responsibility and environmental friendliness Figure 1.1. Sustainability Figure 1.2. Responsibility Figure 1.3. Environmental friendliness Abstract Sustainable tourism is one of the rising trends in the tourism industry. More and more stakeholder groups are starting to realize the importance of their assets. One of the best ways to preserve tourist destinations (i.e. the assets) is to promote sustainable, responsible, and environmental friendly tourism management. Unfortunately, engaging in those kinds of practices and operations can be costly. Most tourism industry firms are still ...

International Trade Law

Dumping is the practice of selling goods from one country to another at substantially low prices; an action knows to discriminate price between the home market and the foreign market (Kerr 15). On the other hand, a subsidy is the act of distorting how things are run in the market and instead lead to resources being allocated resulting in low production and overall less wealth worldwide (Baker 15). Dumping is not an activity driven and operated by the government, as it is operated by private companies or organization, which they are part of the government or parts of them ...

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 ...

With English documentary makers Nick and Marc Francis at the directorial helm, Black Gold, that explores the different facets of the global coffee trade, that originates in Ethiopia (often dubbed the ‘birthplace of coffee’), premiered at the Sundance Film Festival in 2006. The movie starts with well-documented scenes of the coffee-making process, from the poor Ethiopian coffee growers harvesting the beans, to how they are processed, packed and distributed in the market. The directors, in an effort to contextualise the critical importance of coffee for Ethiopia, included in the narrative the facts that almost 67% of the country’s ...

Executive Summary

A strategic analysis of Amazon is employed in this document in order to highlight the major problems that must be considered by the management. The company is considered a leader in electronic retailing globally, however facing a stiff competition from its counterparts as bricks and mortar companies as they are emerging in the contemporary corporate setting and establishing their online presence. Amazon is engaged in finding ways to adequately address the contemporary challenges in the global marketplace in order to maintain its competitive position and subsequently attain a greater share of profits from the international market.

Introduction

Amazon is deemed ...

Nursing:

Introduction In the recent decades, tourism has emerged as the most far-reaching and the world’s largest industry with an astounding socio-cultural, economic, and policy effects on all of us. According to World Tourism Organization (WTO), tourism as an industry supports at least 215million jobs worldwide and makes up about 6% of the Global Gross National Profit (LePree, 2009). In this context, not only is tourism the world’s largest industry, but it is also the fastest growing industry globally (The International Ecotourism Society [TIES], 2014). Because of this, there has been an ever-growing and evolving awareness of the ...

Over the years the PRC existence, the country's banking system passed a difficult and contradictory path of development, reflecting the peculiarities of the economic policy pursued by the state at a particular stage. In the late 70-ies of the last century in China economic and social reform was launched in order to create a model of “socialism with Chinese specifics” which would combine the primacy of market principles and effective macro control of the administering state agencies. In the process of creation of this model, an important role is given to China's banking system, as it is an institution, ...

China is one of the fastest growing economies in the world offering numerous opportunities to foreign investors. It has a vast potential for economic growth and offers access to a huge market for goods and services. The country also offers a substantial amount of labor force for its industries both in China and abroad. However, the differences in the cultural and political environment in China still poses a lot of risks and uncertainties among investors planning to establish their businesses in China; especially due to the very stringent policies and a culture that is hard to learn, and adapt. ...

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 ...

Canada and Vietnam have been trading partners since time immemorial. The first diplomatic relations between the two countries took place in 1973, and an embassy was opened in Hanoi. In addition, the countries also opened a Consulate General in Ho Chi Minh City by mutual consent in 1997 (Government of Canada, 2014). In 1954, Vietnams quit from the International Commission for Supervision and control due to resentments with France. Canada remained a member for over twenty years. The Embassy of Canada is located in Hanoi in Vietnam. On the other hand, the Embassy of Vietnam and a trade office ...

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 ...

Power is a significant tool in decision making. It differs from authority in the sense that it is derived from ability while authority is derived from a right. The ability to influence people in decision making is a unique character trait of personalities in any organization. Decision making is central to the success of an organization. This is why the value of information systems classifies the levels of decision making; that is the strategic, the organizing, and the operational levels of decision making (Lukes, 1974). The main idea of this paper shall be confined to the role of power in decision making. ...

The introduction of new technology has reduced the world to a small village. Anything that is done is one country affects the other countries directly or indirectly. International affairs and business in a country are today at loggerhead. However, there is diversity of economic resources and practices, one no longer enjoy the freedom of trade for there are international laws, regulations, and standards that must be observed and satisfied. The current international peace negotiations in various countries have seen the collapse of business since for every opportunity that arises one must satisfy certain conditions before being allowed to carry out any ...