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Understanding Tariffs and Trade Barriers

Understanding Tariffs and Trade Barriers
Author: Avery Elizabeth Hurt
Publisher: Cavendish Square Publishing, LLC
Total Pages: 80
Release: 2019-07-15
Genre: Young Adult Nonfiction
ISBN: 1502646129

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A renegotiation of NAFTA and a trade war with China have kept tariffs and trade agreements in the news in the early twenty-first century. Tariffs, trade barriers, and the potential consequences of both are complex. This book presents a difficult subject in a straightforward and interesting manner. The use of historical and cultural tidbits, such as how the press ridiculed the embargo of 1870 by referring to it as "O grab me!" which is embargo spelled backward, will delight readers. They'll learn how South Carolina threatened to secede from the Union over tariffs in 1832, almost thirty years before it actually did secede. A discussion of the theory and history of tariffs and trade barriers puts the concept in context, while recent examples illuminate how they work in practice.


Introduction to Business

Introduction to Business
Author: Lawrence J. Gitman
Publisher:
Total Pages: 732
Release: 2018
Genre: Business
ISBN: 9781947172555

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Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond.


Limits to Free Trade

Limits to Free Trade
Author: David Hanson
Publisher: Edward Elgar Publishing
Total Pages: 223
Release: 2010-01-01
Genre: Business & Economics
ISBN: 184980334X

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Limits to Free Trade ranges over a wide diversity of relevant issues ranging from international agreements, to regional trade policies, to import trade barriers, to movements for trade reforms. Informed, informative, and strongly recommended for academic library reference and resource collections, Limits to Free Trade is a model of detailed and articulate scholarship. The Midwest Book Review This book explores the growing list of non-tariff trade barriers raised by the US, EU and Japan and assesses the prospects for significant trade liberalization. The author examines the liability of global free trade through a review of the complaints that these three countries raised about each other over a five-year period. He concludes that free trade may be increasingly hampered as barriers are created more rapidly than can be resolved, and that the prospects for significantly strengthening safeguards are limited. These issues are analyzed in the contexts of the major WTO trade agreements and the political economy of decision-making in the US, EU and Japan. The author concludes that the growing problems are endemic to the system and are not amenable to easy remedy. He tackles topics including international agreements, the trade policy processes in the three regions, issues concerning trade practices, import trade barriers in the EU, and prospects for reform. Scholars, students and practitioners in business economics, international business, and international economics will find much of interest in this book.


Most-favoured-nation Treatment

Most-favoured-nation Treatment
Author: United Nations Conference on Trade and Development
Publisher:
Total Pages: 164
Release: 2010
Genre: Political Science
ISBN:

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The publication contains an explanation of Most Favored Nation (MFN) treatment and some of the key issues that arise in its negotiation, particularly the scope and application of MFN treatment to the liberalization and protection of foreign investors in recent treaty practice. The paper provides policy options as regards the traditional application of MFN treatment and identifies reactions by States to the unexpected broad use of MFN treatment, and provides several drafting options, such as specifying or narrowing down the scope of application of MFN treatment to certain types of activities, clarifying the nature of "treatment" under the IIA, clarifying the comparison that an arbitral tribunal needs to undertake as well as a qualification of the comparison "in like circumstances" or excluding its use in investor-State cases.


Evaluation of the GATT (General Agreement on Tariffs and Trade). Regarding the Free Trade Concepts according to David Ricardo

Evaluation of the GATT (General Agreement on Tariffs and Trade). Regarding the Free Trade Concepts according to David Ricardo
Author: Carolin Wemhoff
Publisher: GRIN Verlag
Total Pages: 30
Release: 2021-07-22
Genre: Political Science
ISBN: 3346444465

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Studienarbeit aus dem Jahr 2021 im Fachbereich BWL - Wirtschaftspolitik, Note: 1,3, FOM Essen, Hochschule für Oekonomie & Management gemeinnützige GmbH, Hochschulleitung Essen früher Fachhochschule, Sprache: Deutsch, Abstract: This thesis aims to present the GATT (General Agreement on Tariffs and Trade) and its historical background in its main features and to examine what extent the GATT corresponds to the free trade conception according to David Ricardo. Historically, free trade is still a relatively new concept. Between the 16th and 18th centuries, in the age of mercantilism, the idea of protectionism still predominated. The interstate exchange of goods is based on the assumption that the own country could make profits at the expense of its trading partners through import quotas and import tariffs. At the same time, attempts are made to support the country's own exports through promotional measures. This protectionist approach has left its mark until today in form of protective tariffs for example. Mercantilism is followed by the idea of liberalism and therefore the idea of free trade. Adam Smith is considered the founder of free trade theory. His model of absolute cost advantage is later developed into the model of comparative cost advantage by the economist David Ricardo.


OECD Trade Policy Studies Looking Beyond Tariffs The Role of Non-Tariff Barriers in World Trade

OECD Trade Policy Studies Looking Beyond Tariffs The Role of Non-Tariff Barriers in World Trade
Author: OECD
Publisher: OECD Publishing
Total Pages: 304
Release: 2005-11-22
Genre:
ISBN: 9264014624

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This publication analyses where and why certain non-tariff measures are being applied to traded goods that are covered by multilateral rules and disciplines, and how they continue to represent challenges for exporters and policy makers.


Trade Barriers in Europe

Trade Barriers in Europe
Author: Paula R. Lignelli
Publisher: Nova Science Pub Incorporated
Total Pages: 147
Release: 2007
Genre: Business & Economics
ISBN: 9781600219566

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A trade barrier is a general term that describes any government policy or regulation that restricts international trade. The barriers can take many forms, including: Import duties, Import licenses, Export licenses, Import quotas, Tariffs, Subsidies. Non-tariff barriers to trade, Voluntary Export Restraints, and Local Content Requirements. Most trade barriers work on the same principle: the imposition of some sort of cost on trade that raises the price of the traded products. If two or more nations repeatedly use trade barriers against each other, then a trade war results. Economists generally agree that trade barriers are detrimental and decrease overall economic efficiency, this can be explained by the theory of comparative advantage. In theory, free trade involves the removal of all such barriers, except perhaps those considered necessary for health or national security. In practice, however, even those countries promoting free trade heavily subsidise certain industries, such as agriculture and steel.


U.S. Trade Barriers

U.S. Trade Barriers
Author: Eberhard Grabitz
Publisher:
Total Pages: 822
Release: 1991
Genre: Law
ISBN:

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