Content Page 1. Executive Summary………………………………………………………………... 3 2. Brief Background Information on Free Trade Agreement……………………… 4 3. Brief Overview of ASEAN-Korea Free Trade Agreement (AKFTA)………..…. 4 4. Benefits of AKFTA on Companies in Singapore a. Economic Benefits – Trade in Goods and Services……………..………… 5 b. Intellectual Property Protection………………………………………………. 7 c. Human Resource Management and Development………………………… 8 5. Challenges Faced By Companies in Singapore regarding to AKFTA
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AFTA (ASEAN Free Trade Area) ASEAN Free Trade Area (AFTA) is a trade bloc agreement by the Association of Southeast Asian Nations supporting local manufacturing in all ASEAN countries. The ASEAN Heads of State and Government decided to establish an ASEAN Free Trade Area or AFTA in 1992. The objective of AFTA is to increase the ASEAN region’s competitive advantage as a production base geared for the world market. A vital step in this direction is the liberalization of trade through the elimination
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GLOBALIZATION | How affects the economy and the trade of the states? | | Globalization has changed us into a company that searches the world‚ not just to sell or to source‚ but to find intellectual capital - the world’s best talents and greatest ideas. Jack Welch Table of Contents What does globalization mean? 3 Effects of Globalization 6 How globalization affect the economy? 9 Economic Globalization. 9 Features 9 Economical Advantage 9 Reduced Child Labor 10 Transportation
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contents on the internet regarding the source without blocking for a fee. This means the internet is free to use and you don’t have to pay to use a certain amount of websites you need‚ unlike cable where you have to pay for a package with 60 shows when you only use about 15 or 10 shows. But there has been some events where people have used company products and bootlegged them to where people can use it for free or for the people’s own use. So a discussion has gone up recently about which one is better Net
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Brue‚ & Flynn‚ 2012). Scarce economic resources mean limited goods and services. Scarcity restricts options and demands choices. Because we “can’t have it all’‚ we must decide what we will have and what we must forgo. At the care of economics is the idea that “there is no free lunch”. You may be treated to lunch‚ making it “free” from your perspective‚ but someone bears a cost.
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concern. He describes the water present there today as “brackish and contaminated with natural uranium radio-activity”‚ and therefore in reality fracking would not be solely responsible for the potential toxicity of the water if it is allowed to happen.3 He goes as far as to say that even if the water were to become contaminated from the drilling‚ it would still be able to be consumed by humans‚ without damaging their health. Professor Lloyd provided the various benefits of fracking too. Job creation
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Chapter 2-3: WHAT CAUSES GLOBALIZATION? Why has globalization expanded so quickly in the second half of the 20th century? Chapter 1 on defining globalization has hinted at possible causes of the trend. However‚ the issue of explanation has not yet been explicitly and systematically addressed. That is the task of the present chapter. In the case of major historical trends‚ social relations involve COMPLEX INTERCONNECTIONS that cannot be reduced to one sole primary cause like‚ the state‚ technology
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buy health insurance. Another positive impact from this law is that the prices of prescription drugs decreased significantly. This resulted in senior citizens‚ along with others to be able to purchase these originally expensive medications. The last pro of this law is that
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Many countries in the world are apart of free trade areas that have free trade agreements with other countries. What a free trade area? According to the World Book definition‚ a free trade area is‚ “an area in a country where goods can be imported without paying custom duties (import taxes). Foreign traders may store‚ exhibit‚ assemble‚ or process products in these zones before shipping them elsewhere for sale or use” (“World Book” 500). These free trade areas can differ from an entire city or territory
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Exercise 2‚ page 27 a. I think women are better listeners than men. | Pro (yes‚ for‚ good) | Con (no‚ against‚ bad) | 1. Women are nurturing by nature. | 1. Tend to get too emotional. | 2. Like to listen and be supportive. | 2. Don’t see a problem in sharing your personal issues with others. | 3. Care to know all details and facts‚ no matter how long it takes. | 3. Will tend to feel they know it all. | 4. Will give advice based on personal experiences. | 4. Can often talk endlessly
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