Trade agreements have led to the formation of regional trading blocs that reduce trade barriers between member countries while maintaining protections against non-members. This has increased regional trade but perpetuated some global protectionism. The largest blocs include the European Union, NAFTA, and ASEAN, while developing countries have organized as the G20 to advance their interests. Poorer countries have benefited less from trade growth than wealthy nations and remain dependent on commodities rather than manufacturing.
concepts of NATIONAL INCOME, GROSS DOMESTIC PRODUCT, GNP. NET INCOME, PER CAPTA INCOME, CALCULATION OF NATIONAL INCOME AT CURRENT RATE & CONSTANT RATE, IMPORTANCE OF ESTIMATION, PROBLEMS IN ESTIMATION, CURRENT INDIAN GDP, INDIAN ECONOMIC STATUS.
Students should be able to:
Understand the characteristics of this market structure with particular reference to the interdependence of firms
Explain the behaviour of firms in this market structure
Explain reasons for collusive and non-collusive behaviour
Evaluate the reasons why firms may wish to pursue both overt and tacit collusion
Brief Introduction of India's Biggest Tax Reform GST[GOODS & SERVICE TAX]. Its impact on Indian economy , Its Benefit, Limitations and its Current Scenario in Other Countries
Traditionally India’s tax regime relied heavily on indirect taxes. Revenue from indirect taxes was the major source of tax revenue till tax reforms were undertaken during nineties. The major argument put forth for heavy reliance on indirect taxes was that the India’s majority of population was poor and thus widening base of direct taxes had inherent limitations. But the Indian system of indirect taxation is characterized by cascading, distorting tax on production of goods and services which leads to hampering productivity and slower economic growth. There are endless taxes in present system few levied by Centre and rest levied by state, to remove this multiplicity of taxes and reducing the burden of the tax payer a simple tax is required and that is Goods and Service Tax (GST). This paper throws an insight into the Goods and Service Tax concept, advantages, disadvantages and international scenario
concepts of NATIONAL INCOME, GROSS DOMESTIC PRODUCT, GNP. NET INCOME, PER CAPTA INCOME, CALCULATION OF NATIONAL INCOME AT CURRENT RATE & CONSTANT RATE, IMPORTANCE OF ESTIMATION, PROBLEMS IN ESTIMATION, CURRENT INDIAN GDP, INDIAN ECONOMIC STATUS.
Students should be able to:
Understand the characteristics of this market structure with particular reference to the interdependence of firms
Explain the behaviour of firms in this market structure
Explain reasons for collusive and non-collusive behaviour
Evaluate the reasons why firms may wish to pursue both overt and tacit collusion
Brief Introduction of India's Biggest Tax Reform GST[GOODS & SERVICE TAX]. Its impact on Indian economy , Its Benefit, Limitations and its Current Scenario in Other Countries
Traditionally India’s tax regime relied heavily on indirect taxes. Revenue from indirect taxes was the major source of tax revenue till tax reforms were undertaken during nineties. The major argument put forth for heavy reliance on indirect taxes was that the India’s majority of population was poor and thus widening base of direct taxes had inherent limitations. But the Indian system of indirect taxation is characterized by cascading, distorting tax on production of goods and services which leads to hampering productivity and slower economic growth. There are endless taxes in present system few levied by Centre and rest levied by state, to remove this multiplicity of taxes and reducing the burden of the tax payer a simple tax is required and that is Goods and Service Tax (GST). This paper throws an insight into the Goods and Service Tax concept, advantages, disadvantages and international scenario
Trade Blocs in International Marketing - European Union
What is a trade bloc? Why they are formed?
Trade blocs around the world
Types of trading bloc / Levels of economic integration
Trade Bloc - EU
Benefits and Challenges of EU
International trade is distorted by countries applying tariff and non tariff trade barriers.
Want more FREE resources? Checkout the B2B Whiteboard youtube channel:
www.youtube.com/b2bwhiteboard
Or join us on Facebook today: www.facebook.com/b2bwhiteboard
Notes on Central Asian History during 200 BC and its effects on later history, Role of Yuezhi migration in Ancient History of Central Asia, settlement of Yuezhi after migration and various theories about current form of Ancient Yuezhi tribe: (Gurjar/Gujjar/Gujar/Gusar/Gusur/Khazar/Ughar/Gazar/Gusarova)
Xu Beihong - Painting as a nationalistic propaganda of enforcing China for po...VincentKwunLeungLee
A 9000-word research as a final-year project of "Master of Social Science in Contemporary China Studies" at HKBU, with Prof. Ricardo Mak King-sang as Supervisor
A "Hello World" style lightning talk I prepared for a Hello World of programming languages event at work. The goal was to give a rundown of languages we have been playing with and are interested in, and share an overview of the language.
The requirement was to give an overview of the language; where it's weaknesses might lie, as no language is perfect for everything; show FizzBuzz in the presentation to have a baseline, and show off an example of what makes it interesting, which included a demo of the Erlang VM's ability to do live code reloading.
The WTO is the world's largest international economic organization, with 164 member states representing over 98% of global trade and global GDP. World Trade ..
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Recruiting in the Digital Age: A Social Media MasterclassLuanWise
In this masterclass, presented at the Global HR Summit on 5th June 2024, Luan Wise explored the essential features of social media platforms that support talent acquisition, including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok.
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
In the Adani-Hindenburg case, what is SEBI investigating.pptxAdani case
Adani SEBI investigation revealed that the latter had sought information from five foreign jurisdictions concerning the holdings of the firm’s foreign portfolio investors (FPIs) in relation to the alleged violations of the MPS Regulations. Nevertheless, the economic interest of the twelve FPIs based in tax haven jurisdictions still needs to be determined. The Adani Group firms classed these FPIs as public shareholders. According to Hindenburg, FPIs were used to get around regulatory standards.
Company Valuation webinar series - Tuesday, 4 June 2024FelixPerez547899
This session provided an update as to the latest valuation data in the UK and then delved into a discussion on the upcoming election and the impacts on valuation. We finished, as always with a Q&A
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesHolger Mueller
Holger Mueller of Constellation Research shares his key takeaways from SAP's Sapphire confernece, held in Orlando, June 3rd till 5th 2024, in the Orange Convention Center.
Buy Verified PayPal Account | Buy Google 5 Star Reviewsusawebmarket
Buy Verified PayPal Account
Looking to buy verified PayPal accounts? Discover 7 expert tips for safely purchasing a verified PayPal account in 2024. Ensure security and reliability for your transactions.
PayPal Services Features-
🟢 Email Access
🟢 Bank Added
🟢 Card Verified
🟢 Full SSN Provided
🟢 Phone Number Access
🟢 Driving License Copy
🟢 Fasted Delivery
Client Satisfaction is Our First priority. Our services is very appropriate to buy. We assume that the first-rate way to purchase our offerings is to order on the website. If you have any worry in our cooperation usually You can order us on Skype or Telegram.
24/7 Hours Reply/Please Contact
usawebmarketEmail: support@usawebmarket.com
Skype: usawebmarket
Telegram: @usawebmarket
WhatsApp: +1(218) 203-5951
USA WEB MARKET is the Best Verified PayPal, Payoneer, Cash App, Skrill, Neteller, Stripe Account and SEO, SMM Service provider.100%Satisfection granted.100% replacement Granted.
B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
2. For the global economy to fully benefit from trade, there has to be a liberal (free) trade system. Each country can produce what it has a comparative advantage at producing and trade its products with other countries.
3. But there has been a history of PROTECTIONISM in the global economy. Restrictions, import quotas, duties, trade embargos, tariffs, non tariff barriers, subsidises. All of these limit the flows of traded goods and services, this has the affect of reducing the volume of trade and therefore any benefits that trade can bring. If a country attempt to protect its economy often other countries will impose protectionist policies on that country’s goods and services thereby negating the benefits of protectionism.
4. The WTO (World Trade Organisation) has the stated aim of reducing protectionism to allow for free trade. It could be said that the WTO has been quite successful at liberalising the economies of LEDCs but less successful at reducing the protectionism of the MEDCs. But although there are still many forms of protectionism on a global scale, there has been a reduction of protectionism on a regional scale as a result of the increase in TRADING BLOCS.
5. Regional trading blocs can reduce barriers between member countries but often maintain and increase restrictions and protectionism against non member countries. Global trade is becoming dominated by the power of the regional trading bloc.
6. Members: Austria: Belgium: Cyprus; Czech Republic; Denmark; Estonia; Finland; France; Germany; Greece; Hungary; Ireland; Italy; Latvia; Lithuania; Luxembourg; Malta; Netherlands; Poland; Portugal; Slovakia; Slovenia; Spain; Sweden; United Kingdom The EU has become the most powerful trading bloc in the world with a GDP nearly as large as that of the United States. It is also the largest importer of agricultural products from developing countries, and maintains close links to its former colonies in the ACP group through trade preferences and aid deals. The EU has found it difficult to shed its protectionist past based on the idea of self-sufficiency in agriculture which limits agricultural exports from the other countries, although it has implemented a major reform of its Common Agricultural Policy to shift subsides to support the environment. EUROPEAN UNION – Highly integrated trading bloc of European countries
7. Members: Canada; Mexico; United States The United States has linked with Canada and Mexico to form a free trade zone, the North American Free Trade Agreement (NAFTA). The NAFTA agreement covers environmental and labour issues as well as trade and investment, but US unions and environmental groups argue that the safeguards are too weak. Plans to include the rest of Latin America creating a Free Trade Area of the Americas (FTAA) have been put on hold following opposition from key countries like Brazil. But the US is separately signing free trade agreements with some Andean Pact nations and on 1 January 2006 the Central American Free Trade Area (CAFTA) will come into effect, including Guatemala, Honduras, Nicaragua, El Salvador, Costa Rica, and Dominican Republic. Meanwhile, the regional free trade pact called Mercosur, between Brazil, Argentina, Uruguay, and Paraguay, will be expanded to include Venezuela.. NAFTA – LEDC and MEDC trading bloc
8. ASEAN – Regional Bloc of Pacific rim countries Members: Australia; Brunei; Canada; Chile; China; Hong Kong; Indonesia; Japan; South Korea; Malaysia; Mexico; New Zealand; Papua New Guinea; Peru; Philippines; Russia; Singapore; Taiwan; Thailand; United States; Vietnam The Asia-Pacific Economic Cooperation forum is a loose grouping of the countries bordering the Pacific Ocean who have pledged to facilitate free trade. Its 21 members range account for 45% of world trade. They have pledged to liberalises trade among themselves by 2010 for developed countries and 2015 for developing countries. Recently China has begun signing bilateral free trade deals with a number of Apec members.
9. Cairns Group – Agricultural producers Members: Argentina; Australia; Bolivia; Brazil; Canada; Chile; Colombia; Costa Rica; Guatemala; Indonesia; Malaysia; New Zealand; Paraguay; Philippines; South Africa; Thailand; Uruguay The Cairns group of agricultural exporting nations was formed in 1986 to lobby at the last round of world trade talks in order to free up trade in agricultural products. It is named after the town in Australia where the first meeting took place. Highly efficient agricultural producers, including those in both developed and developing countries, want to ensure that their products are not excluded from markets in Europe and Asia. The developing country members of this group have now formed their own grouping, the G20..
10. Members: Argentina, Bolivia, Brazil, Chile, China, Cuba, Egypt, Guatemala, India, Indonesia, Mexico, Nigeria, Pakistan, Paraguay, Philippines, South Africa, Thailand, Tanzania, Uruguay, Venezuela, Zimbabwe At the Cancun meeting of the world trade talks in September 2003, a powerful new grouping of developing countries emerged. Led by rapidly growing countries and major exporters like Brazil, China, India, and South Africa, this group has been powerful enough to challenge the EU and the US in trade negotiations. At Cancun, the G20 made it clear that it could not accept the EU plans to include investment and competition as elements in the trade talks. Now, the G20 are standing firm in insisting that rich countries make concessions on agriculture before there will be any final agreement on services or reductions in tariffs on manufactured goods. G20 – Bloc of LEDCs to rival EU and USA
11. The Organization of the Petroleum Exporting Countries ( OPEC ) is an international organization made up of Algeria , Indonesia , Iran , Iraq , Kuwait , Libya , Nigeria , Qatar , Saudi Arabia , the United Arab Emirates , and Venezuela . Since 1965 its international headquarters have been in Vienna , Austria . It is considered to be a cartel by many observers OPEC – Trading bloc of oil exporters
12. The growth in world trade has been unevenly spread. Some developing countries - often in Asia - have increased growth by producing more manufactured goods. But others - often in Africa - have fallen further behind.
13. The world’s poorest countries – the 49 least developed countries – have not shared in the growth of world trade. The 646m people in the top exporting countries - the US, Germany, Japan, France and UK - have 100 times more trade than their poor counterparts.
14. Many poor countries depend on a single primary export like wood, coffee, copper or cotton. But prices for such commodities have been declining. Prices of manufactured goods have, in contrast, risen in relative terms.
15. Many poor countries depend on a single primary export like wood, coffee, copper or cotton. But prices for such commodities have been declining. Prices of manufactured goods have, in contrast, risen in relative terms.
16. Nigeria and Korea stand at the opposite ends of the development spectrum. Twenty years ago, their exports were the same value, but Korea developed a diversified manufacturing base, while Nigeria was dependent on oil, which fell in value. Korea’s high-tech exports like cars and electronic goods have raised its standard of living.
17. Huge agricultural subsidies by Western countries to their small farm populations far outweigh the aid given to developing countries. The rich countries have repeatedly pledged to reduce the size of their farm supports. So far the amount of such subsidies has changed little in 20 years, while the amount of aid has declined.
18. The fastest growing area of world trade is the service sector. The rich countries have concentrated on business and financial services, while tourism and travel dominate poor country services. There is controversy over moves by rich countries to sell services like telecommunications, water and public transport to poor countries.
19. Globally, the proportion of people in poverty has declined, but as the population grows the actual number of poor people is still rising. Declining poverty in Asia suggests the benefits of trade have trickled down to the poorest. But poverty is expected to rise in Africa, where trade is weak and factors such as war, HIV and debt are prevalent.