With 95% of the world's consumers living outside the United States, we have extraordinary opportunities to create growth and jobs through the expansion of international trade and investment.
It involves 12 countries: the US, Japan, Malaysia, Vietnam, Singapore, Brunei, Australia, New Zealand, Canada, Mexico, Chile and Peru.
The pact aims to deepen economic ties between these nations, slashing tariffs and fostering trade to boost growth.
Member countries are also hoping to foster a closer relationship on economic policies and regulation.
The agreement could create a new single market something like that of the EU.
Pretty big indeed. The 12 countries have a collective population of about 800 million - almost double that of the European Union's single market. The 12-nation would-be bloc is already responsible for 40% of world trade.
The deal is a remarkable achievement given the very different approaches and standards within the member countries, including environmental protection, workers' rights and regulatory coherence - not to mention the special protections that some countries have for certain industries
This discussion on Trans Pacific Partnership. This presentation will look at Trade, Government Policies, comments from media, trade association as well as government leaders.
It involves 12 countries: the US, Japan, Malaysia, Vietnam, Singapore, Brunei, Australia, New Zealand, Canada, Mexico, Chile and Peru.
The pact aims to deepen economic ties between these nations, slashing tariffs and fostering trade to boost growth.
Member countries are also hoping to foster a closer relationship on economic policies and regulation.
The agreement could create a new single market something like that of the EU.
Pretty big indeed. The 12 countries have a collective population of about 800 million - almost double that of the European Union's single market. The 12-nation would-be bloc is already responsible for 40% of world trade.
The deal is a remarkable achievement given the very different approaches and standards within the member countries, including environmental protection, workers' rights and regulatory coherence - not to mention the special protections that some countries have for certain industries
This discussion on Trans Pacific Partnership. This presentation will look at Trade, Government Policies, comments from media, trade association as well as government leaders.
The North American Free Trade Agreement (NAFTA) is an agreement signed by the governments of Canada, Mexico, and the United States, creating a trilateral trade bloc in North America.
Learning Objectives
To review types of economic integration among countries
To examine the costs and benefits of integrative arrangements
To understand the structure of the European Union and its implications for firms within and outside Europe
To explore the emergence of other integration agreements, especially in the Americas and Asia
To suggest corporate response to advancing economic integration
The North American Free Trade Agreement (NAFTA) is an agreement signed by the governments of Canada, Mexico, and the United States, creating a trilateral trade bloc in North America.
Learning Objectives
To review types of economic integration among countries
To examine the costs and benefits of integrative arrangements
To understand the structure of the European Union and its implications for firms within and outside Europe
To explore the emergence of other integration agreements, especially in the Americas and Asia
To suggest corporate response to advancing economic integration
About PTA, Indian PTA, level of economic integration, Pros cons, Unilateral, bilateral and multilateral, indian few PTA, FTA, Chile, Mercosur, Malaysia, AFGHANISTAN, TAHILAND, BANGLADESH, JAPAN.
"Free" Trade without "Fair" Trade? -- how should the U.S. react to address ou...CharlesDaniels123
Current economic theory assumes that nations will voluntarily adopt “fair trade” practices.
The U.S. is in a strong bargaining position to negotiate balanced trade relative to partners that drive our trade deficit – in a trade war, they have a lot more to loose.
The U.S. should proactively adopt a tit-for-tat approach to foster trade liberalization and fairness or risk losing the “international trade war”.
Above ‘fair trade” enforcing mechanism would provide crucial time for retraining displaced labor and/or protecting sectors impacted by unfair practices.
"Free" Trade without "Fair" Trade? -- how should the U.S. react to address ou...Carlos F. Flores
Current economic theory assumes that nations will voluntarily adopt “fair trade” practices.
The U.S. is in a strong bargaining position to negotiate balanced trade relative to partners that drive our trade deficit – in a trade war, they have a lot more to loose.
The U.S. should proactively adopt a tit-for-tat approach to foster trade liberalization and fairness or risk losing the “international trade war”.
Above ‘fair trade” enforcing mechanism would provide crucial time for retraining displaced labor and/or protecting sectors impacted by unfair practices.
This presentation exposes relevant information about trade agreements. What are trade agreements, what are tariff and non-tariff barriers, what main trade agreements exist today, what is the WTO.
trade liberalization legislation
presidential authority to negotiate bilateral tariff reduction if reciprocal in nature
most favored nation clause – agreement by two nations to maintain tariffs to each other as low as those applied to any other nation
now called normal trade relations
two exceptions – preferential tariffs on:
imports from developing nations
imports from nations that are members of the same free trade area
critics: WTO dispute settlement effectively supersedes decisions by U.S. government
counterargument: WTO findings cannot force the U.S. to change its laws
U.S. may choose to change its laws, compensate foreign countries, or do nothing & live with repercussions from other nations
economists: benefits of membership, namely normal trade relations with all members, compared with the costs
The dispute-settlement system favors large nations because retaliatory tariffs might different impact on different nations.
If a small nation imposes a retaliatory tariff, the result will be a decrease in national welfare. (Chapter 4)
If a large nation imposes a retaliatory tariff, demand and price throughout the world may change making imports less expensive improving the terms of trade ratio for the large nation.
Purpose of WTO is supposedly to reduce trade barriers not increase them; monetary fines would be a more suitable penalty.
The dispute-settlement system favors large nations because retaliatory tariffs might different impact on different nations.
If a small nation imposes a retaliatory tariff, the result will be a decrease in national welfare. (Chapter 4)
If a large nation imposes a retaliatory tariff, demand and price throughout the world may change making imports less expensive improving the terms of trade ratio for the large nation.
Purpose of WTO is supposedly to reduce trade barriers not increase them; monetary fines would be a more suitable penalty.
The dispute-settlement system favors large nations because retaliatory tariffs might different impact on different nations.
If a small nation imposes a retaliatory tariff, the result will be a decrease in national welfare. (Chapter 4)
If a large nation imposes a retaliatory tariff, demand and price throughout the world may change making imports less expensive improving the terms of trade ratio for the large nation.
Purpose of WTO is supposedly to reduce trade barriers not increase them; monetary fines would be a more suitable penalty.
The dispute-settlement system favors large nations because retaliatory tariffs might different impact on different nations.
If a small nation imposes a retaliatory tariff, the result will be a decrease in national welfare. (Chapter 4)
If a large nation imposes a retaliatory tariff, demand and price throughout the world may change making imports less expensive improving the terms of trade ratio for the large nation.
Purpose of WTO is supposedly to reduce trade barriers not increase them; monetary fines would be a more suitable penalty.
Canada's involvement in trans-pacific trade partnershipnikita kozlov
Canada's involvement in trans-pacific trade partnership. Presentation. Information was taken from special book about Canada in Trans-Pacific Trade Partnership...
This presentation is made by Palm & Latex Technology & Value Addition degree programme students in Uva Wellassa University of Sri Lanka as to fulfill a requirment for their course of Trade & Finance. In this presentation is generally related to Sri Lanka.
InsightsPrimer The Trans Pacific PartnershipBY JACQUE.docxcarliotwaycave
Insights
Primer: The Trans Pacific
Partnership
BY JACQUELINE VARAS | NOVEMBER 16, 2015
Introduction
After years of negotiations and weeks of anticipation, the final text of the Trans-Pacific Partnership (TPP) has
been released.[1] TPP is a trade agreement between the United States, Japan, and ten other Pacific nations.
These countries represent 40 percent of the world’s Gross Domestic Product and, combined, would form the
largest free trade area ever created.[2]
Source: Forbes[3]
AMERICANACTIONFORUM.ORG
http://americanactionforum.org/experts/jacqueline-varas
The Trade Promotion Authority, passed earlier this year, established guidelines for the passage of trade deals
like TPP. These guidelines stipulate that an up or down vote from Congress cannot occur for at least 90 days
after the President notifies Congress of his intention to sign the agreement[4], which he did on November 5,
2015. This gives the public and Congress ample time to analyze its contents in detail and determine its
implications for the American economy.
Tariffs and Non-Tariff Barriers
The primary purpose of TPP is to eliminate barriers to trade. One such barrier, tariffs, drives up the cost of
foreign goods in order to encourage the sale of goods manufactured at home. These taxes on imports make
foreign goods and services more expensive, reducing trade and limiting competition. Expanding competition,
however, is generally thought to lower prices, incentivize innovation in manufacturing, and encourage the
creation of higher quality goods.
TPP eliminates or reduces all tariffs on goods traded between partner countries. Currently, tariffs imposed on
U.S. exports are as high as 100 percent on goods and 700 percent on agriculture products. The TPP agreement
would abolish many of these tariffs, translating into approximately 18,000 tax cuts on U.S. goods sold abroad.[5]
TPP also aims to increase trade in services. Services make up a substantial portion of U.S. trade, accounting for
$711 billion of exports in 2014.[6] TPP expands market access in this area by prohibiting quantity restrictions
on imported services, outlawing discrimination against foreign service providers, and encouraging the open
exchange of services in all sectors.[7]
Electronic Commerce
TPP is the first trade agreement to establish guidelines concerning electronic commerce.[8] Specifically, it bans
forced data localization laws, which mandate that firms place physical servers in areas where they would like to
do online business. These laws place undue burdens on businesses and make cross-border data flows more
expensive, restricting electronic commerce and hurting consumers.[9] TPP also prohibits customs duties,
another form of import taxes, on electronic transmissions and includes several provisions to facilitate paperless
trading. These features all aim to encourage e-commerce as a growing method of international trade.
The agreement is also the first to spec ...
Similar to 5 Reasons You Should get Involved in the U.S. Chamber's International Affairs Division (20)
Report compiled by: AmCham Singapore & the U.S. Chamber of Commerce. The purpose of the study is to measure business leaders' opinions on prospects for business growth and their perceptions about a series of factors that influence the business environment in the ASEAN region.
The Cybersecurity Information Sharing Act (CISA) would spur cyber threat information sharing in smart ways that protect and respect privacy. The bipartisan bill includes compromises from multiple stakeholders.
We write today to encourage you to vote against any amendment to the Elementary and Secondary
Education Act reauthorization that would weaken test participation requirements.
Infrastructure – whether it involves the roads and bridges we travel on or the electricity and water we use – is the foundation of the United States economy. Without it, businesses would not be able to create and sell the goods we love, and we would be unable to commute to work and get from point to point. Infrastructure shapes every aspect of our modern lives.
But the fact is that America’s infrastructure is aging and in dire need of repairs. Just look outside your car window. Our interstate system is nearly 70 years old, and more than 61,000 bridges are labeled as deficient. In 2013, the American Society of Civil Engineers gave U.S. infrastructure a D+ in its Report Card for America’s Infrastructure. And the United States keeps falling behind. The evidence is in clear sight.
Each group in a community has a role to play in preventing childhood obesity. Check out these simple measures you can take to fight obesity through the different roles in your community.
Innovation That Matters reports on the state of entrepreneurship in the U.S. civic
sector, which we define as the collection of highly regulated industries with entrenched institutional players intended to serve the public good. The purpose of this research is to understand how civic sector startup ecosystems have developed, what challenges actors in these ecosystems currently face, and what more can be done to increase startup activity in ways that benefits society. We find that fluid, open networks are the most important element in fostering vibrant communities of civic entrepreneurship because they connect diverse stakeholders within an industry and bridge cultural gaps to allow for effective collaboration.
THe CFPB's structure differs fundamentally from every other federal agency that regulates private individuals and businesses. While its mandate is important, there is a shortcoming of checks and balances on its broad authority, causing a lack of regulatory transparency and institutional accountability.
Despite these considerable advantages, the potential of young adult workers seems to be a well-kept secret. While 40% of U.S. employers struggle to fill more than 5.0 million open jobs, 6 million young adults are neither working nor in school. Indeed, in December 2014, 16 to 19 year-olds faced a December unemployment rate of 16.8% and 20 to 24 year-olds faced a rate of 10.8%, both far above the overall rate of 5.6%.
Federal agencies from the EPA to the Department of Labor have the authority to issue regulations through a process called "rulemaking." These regulations implement acts of Congress and have the force of law. Unfortunately, agencies frequently cut corners during this process, which can hamper innovation, hurt businesses, and waste time.
The New England Patriots and the Seattle Seahawks will battle it out in Super Bowl XLIX. But how do their home states, Massachusetts and Washington, compare beyond the football field?
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Explore our most comprehensive guide on lookback analysis at SafePaaS, covering access governance and how it can transform modern ERP audits. Browse now!
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...PaulBryant58
This article provides a comprehensive guide on how to
effectively manage the convert Accpac to QuickBooks , with a particular focus on utilizing online accounting services to streamline the process.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
4. REASON 3 | Trade Agreements Can Level the Playing Field
TARIFFS
Many countries slap tariffs on U.S. exports that are
ten or twenty times
as high as our own, and a web of non-tariff and regulatory
barriers overseas often shut out U.S. goods and services.
The expansion in trade spurred by U.S. FTAs sustains more than
5 million American jobs.
Trade agreements can tear down those barriers.
That’s why America’s 20 FTA partners
buy nearly half of U.S. exports
even though they represent just 10% of global GDP.
The U.S. has a trade surplus with its
20 FTA partners—in manufactures, services,
and agricultural products. If you’re worried about the trade
deficit, FTAs are the solution—not the problem.
5. REASON 4 | We Can Do More to Seize the Benefits of Trade
The U.S. has embarked on a bold new trade
agenda that includes:
• The Trans-Pacific Partnership, with 11 other Asia-Pacific nations;
• The Trans-Atlantic Trade and Investment Partnership,
with the European Union; and
• The Trade in Services Agreement, with more than
50 other countries.
6. REASON 5 | The U.S. Chamber Can Help!
The Chamber has over 70 international policy experts on staff, speaking
more than 20 languages. It is home to 25 country-specific business
councils and initiatives focusing on key markets such as Brazil, India, and
Korea. Our network also includes 116 American Chambers of Commerce
in 103 foreign countries. The Chamber has hosted more than 250 heads of
state and government over the past 20 years, including 14 in 2013, and
annually receives more than 75 minister-rank officials from abroad.
7. What did we miss?
Let us know!
/USChamber
@USChamber
/USChamber
/USChamber