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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What is the best city-state in Ancient Greece? It is obvious‚ Athens is! Athens is the best city-state in Ancient Greece because it was a peaceful city-state. Athens had trade and there would be many sort of items from around Ancient Greece. Athens is also full of the wonderful arts. Athens is the best city-state in Ancient Greece because it was peaceful‚ it had trade‚ and lastly it was full of the arts. Athens is so clearly the best city-state because it was peaceful. In Athens one could relax
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Advantages and Disadvantages of international aids Cultural and economic advantages and disadvantages Introduction This chapter discusses the cultural and economic advantages and disadvantages for Australia that result from its Indonesian aid links. The discussed economic and cultural benefits include the long-term development of Indonesia and its region and the improvement of employment and investment opportunities for Australian businesses and of training opportunities. The discussed economic
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Acquired Immune Deficiency Syndrome (AIDS) is caused by HIV‚ a virus that can be passed from person to person through sexual fluids blood and breast milk. Worldwide the majority of HIV infections are transmitted through sex between men and women‚ and half of all adults living with HIV are women. Certain groups of people have been particularly affected and these include injecting drug users‚ sex workers and men who have sex with men. Slave trade has been an ongoing business interaction between multiple
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"In the last years‚ we have seen the WTO being stuck‚ while regional & bilateral trade agreements gained ground‚ so how would you assess the role of the WTO in the upcoming decade and do you think that the WTO will need to adjust to this new environment‚ if so‚ how?" The proliferation of preferential trade agreements and regional trade agreements have in the global trading environment have seen has significantly shaped the day to day conduct of international business transaction since the GAAT formally
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RG The Arguments Against Foreign Aid This essay will discuss about foreign aid to the developing world countries. Nowadays‚ there are still many countries at different continent in this world still need some help from the other countries that already developed. For example‚ most of the countries in Africa really need assistance while they are still developing. But‚ is it really help? Or is it just makes the developing country be worst? These two questions are what we are going to discuss.
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Trade secret By definition‚ a trade secret may consist of any formula‚ pattern‚ device or compilation of information which is used in a business‚ and which may give an advantage over competitors who do not know the trade secret. A trade secret may be a formula for a chemical compound‚ a process of manufacturing‚ treating or preserving materials‚ a pattern for a machine or other device‚ or even a list of customers. Trade Secret Vs Everyday Secrets Trade secrets are different from other business
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International trade Payment methods Payment Methods for International Trade * Prepayments: The goods will not be shipped until the buyer has paid the seller. * Time of payment: Before shipment * Goods available to buyers: After payment * Risk to exporter: None * Risk to importer: Relies completely on exporter to ship goods as ordered * Letter of Credit (L/C): These are issued by a bank on behalf of the importer promising to pay the exporter upon presentation of the shipping
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Ken Costa Chairman: Europe‚ Middle East and Africa UBS Investment Banking Department 2 Finsbury Avenue London EC2M 2PP Cass Business School 2 March 2006 EMBARGO UNTIL 19:30pm 2 March 2006 The Trilemma of Globalisation: Free Trade‚ Fair Trade or Fear Trade In discussing the challenges presented by today’s diverse global environment few topics can be as important as the issue of globalisation. It is at the heart of the structural change that has taken place in our generation as borders have
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races of the TradeTraces of the Trade: A Story from the Deep North In the 2008‚ documentary film‚ "Traces of the Trade: A Story from the Deep North‚" written‚ co-produced‚ and co-directed by‚ Katrina Browne. Browne discovers that her New England ancestors were the largest slave traders in American history. She learned about her dreadful past when her grandmother compiled their family history. She discovered unbeknownst to her that she had been exposed to her family ’s ugly secrets during childhood
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