In a highly competitive global world, mastering international business administration is becoming necessary for managers worldwide to successfully perform diverse business activities with other parties in different countries.
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.
Regional Economic Integration (REI) refers to the commercial policy of discriminatively reducing or eliminating trade barriers only between the states joining together.
Regional economic groups eliminate or reduce trade tariffs (and other trade barriers) among the Partner States while maintaining tariffs or barriers for the rest of the world (non-member countries).
Geographical proximity, cultural, historical, and ideological similarities, competitive or complementary economic linkages, and a common language among the Partner States are importantly required for effective economic integration.
The aim of economic integration is to lessen costs for both consumers and producers, in addition to increase trade between the countries taking part in the agreement.
A primary economic objective of integration is to raise:
a) real output and income of the participants
&
b) rate of growth
by increasing specialization and competition by facilitating desirable structural (linkages) changes.
7. Trade Laws, Bilateral and Multilateral Trade Agreements, World Trade Organ...Charu Rastogi
This presentation defines bilateral and multilateral trade laws, General Agreement on Trade and Tariffs (GATT), World Trade Organization – Different Rounds, Intellectual Property Rights (IPR), TRIPS, TRIMS, GATS, Ministerial Conferences and SAARC. The presentation closes with a case study on the India-US Basmati Rice dispute.
Econ01. Economic of Trade and Economic of Integrationaeronchua
This Powerpoint was our report for Principles of Economics covering the topics Economic of Trade and Economic of Integration with the ASEAN Economic Integration 2015.
This is taken from various books and internet articles.
Not for commercial use and for personal reference only.
Thank you!
"That in all things, God may be Glorified"
In a highly competitive global world, mastering international business administration is becoming necessary for managers worldwide to successfully perform diverse business activities with other parties in different countries.
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.
Regional Economic Integration (REI) refers to the commercial policy of discriminatively reducing or eliminating trade barriers only between the states joining together.
Regional economic groups eliminate or reduce trade tariffs (and other trade barriers) among the Partner States while maintaining tariffs or barriers for the rest of the world (non-member countries).
Geographical proximity, cultural, historical, and ideological similarities, competitive or complementary economic linkages, and a common language among the Partner States are importantly required for effective economic integration.
The aim of economic integration is to lessen costs for both consumers and producers, in addition to increase trade between the countries taking part in the agreement.
A primary economic objective of integration is to raise:
a) real output and income of the participants
&
b) rate of growth
by increasing specialization and competition by facilitating desirable structural (linkages) changes.
7. Trade Laws, Bilateral and Multilateral Trade Agreements, World Trade Organ...Charu Rastogi
This presentation defines bilateral and multilateral trade laws, General Agreement on Trade and Tariffs (GATT), World Trade Organization – Different Rounds, Intellectual Property Rights (IPR), TRIPS, TRIMS, GATS, Ministerial Conferences and SAARC. The presentation closes with a case study on the India-US Basmati Rice dispute.
Econ01. Economic of Trade and Economic of Integrationaeronchua
This Powerpoint was our report for Principles of Economics covering the topics Economic of Trade and Economic of Integration with the ASEAN Economic Integration 2015.
This is taken from various books and internet articles.
Not for commercial use and for personal reference only.
Thank you!
"That in all things, God may be Glorified"
Globalization
The trend toward great interconnectedness of the world’s financial, economic, technological, political, cultural, sociological, ecological, and geographical systems.
Bretton Woods in 1944 where 44 nations attended a conference to stabilize world currencies, and establish credit for international trade.
Paved way for a close-knit global economy and global financial system (World Bank, IMF, and WTO)
Trade Organizations
Trade organizations
Groups established to help with the free flow of goods and services. They may be global in scope or national organizations created by individual governments to help domestic companies expand into international markets.
Trade Organizations
World Trade Organization (WTO)
An international organization established in 1995 (which now has over 150 member countries) that promotes trade liberalization throughout the world.
The main purposes of the WTO are:
To act as a forum for negotiations
To provide a set of rules that have been negotiated and signed by the governments of member countries
To offer a forum for dispute settlement
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Trade Organizations
The World Bank
An organization with 186 member countries that provides monetary and technical support for developing countries.
Provides loans and grants to assist with education, health, infrastructure, farming, environmental issues, resource management, and other economic concerns.
Helps poor countries move beyond conflict
Provides loans and grants to poor countries with issues
Helps these countries get proper infrastructure
Canada and other countries donate to the WB
Some say many countries suffered because of the rules it makes for taking loans
They take advantage of the countries they loan to, so that when they’re working well, they’ll be advantageous to the countries in the WB
Trade Organizations
International Monetary Fund (IMF)
An organization that tracks economic trends, analyzes countries’ financial performances, warns governments of potential financial problems provides expertise to governments, and provides a forum for discussion
Purpose of IMF:
promote financial stability, prevent and solve economic crises, encourage growth, and assuage poverty.
Encouraging countries to adopt responsible economic policies
Lending money to emerging and developing countries
Providing technical training in areas such as banking regulations and exchange rate policies
Economically
Cross –border movement of goods, services, technology and capital
Process of increasing economic integration
Emergence of global marketplace
Viewed as either positive or negative depending on your paradigm
Current trends leads to developed economies integrating with developed or undeveloped economies
Direct foreign investment, reduction in trade barriers, and immigration
Culturally
Transmission of ideas, meanings, and values around the world to extend and intensify social relations
Tied together with the added process of commod ...
Unit 1 Overview of International BusinessCharu Rastogi
This presentation deals with general introductory topics such as globalization and its impact, WTO and its impact, Role of World Bank, IMF, Special Drawing Rights, Nature, scope and significance of international finance and Use of IT in international finance.
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.
8. Globalization : describes a process by which regional economies, societies, and cultures have become integrated through a globe-spanning network of communication and trade
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11. Principles of the Trading System 1. Most Favoured Nation 2. National Treatment 3. Freerer Trade 4. Predictability 5. Promoting Fair Competition 6. Encouraging Development & Economic Reform
16. Chapter 11 – allows corporations or individuals to sue countries for compensation when actions taken by those governments adversely affect their investments. Once an item has been sold as a commodity, governments cannot stop its sale in the future. Most foreign investment in Canada is in the form of company take over (98%) Massive deindustrialization has occurred in the US and Canada.