China-U.S. Trade Issues Wayne M. Morrison Specialist in Asian Trade and Finance July 29‚ 2010 Congressional Research Service 7-5700 www.crs.gov RL33536 CRS Report for Congress Prepared for Members and Committees of Congress China-U.S. Trade Issues Summary U.S.-China economic ties have expanded substantially over the past three decades. Total U.S.China trade rose from $5 billion in 1980 to $409 billion in 2008. Although commercial ties were sharply affected by the global economic crisis
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CHAPTER 1 INTRODUCTION International Trade Japan is the fifth largest importer and exporter in the world. Like many other Asian countries that have experienced rapid economic growth in the past few decades‚ exports have had a historical significance to the Japanese economy. The belief in the need to promote exports is part of Japan’s self-image as a "processing nation". Japan imports raw materials and pays for them by processing the raw materials‚ thus adding value to them before exporting the
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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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Advantages of Technology in International Trade Technology plays a major role in international trade. Databases‚ overnight delivery and faxes have opened the world market to not only larger companies but small ones too. To add to this globalization‚ companies and even competitors are combining and forming alliances to cut cost and increase the profit margin. Chrysler‚ General Motors and Ford have formed an alliance in research and development to avoid duplication. These alliances are not only
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Treatment is a World Trade Organisation (WTO) agreement which states that during trade‚ countries are not permitted to discriminate between their partners i.e. special or preferential treatment cannot be given to another WTO member country. The MFN Treatment principle is a central element used in drawing up the GATT‚ GATS‚ and TRIPS agreements‚ and combined‚ cover all areas of trade documented by the WTO. There are exceptions to the MFN Treatment principle however‚ as free trade agreements can be set
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American Free Trade Agreement‚ one of the largest free trade areas‚ which in 1994 established a free-trade zone between the US‚ Canada‚ and Mexico. NAFTA passed with some important negotiations to protect the environment and labor standards. In 2001‚ President Bush organized the proposal of expanding NAFTA to a Free Trade Area for the Americas‚ surrounding 34 countries and 800 million people by 2005. President Obama continues to push for expansion to CAFTA known as Central America Free Trade Agreement
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Outline and evaluate Functionalist views of the role of the family in society. [33 marks] Functionalism is a structuralist theory; this meaning that it sees social structure (the social organisation of society) as more important than individuals. Functionalist sociologists believe that people have a range of basic needs that must be met if society is to run smoothly. Different groups and individuals in society are important because they perform certain functions which meet society’s needs. Functionalism
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Evaluate Functionalists views on the role and functions of religion today. Functionalism is a macro theory‚ which is based on society as a whole‚ rather than just that of the individual. It is argued that functionalism generates many things for society. Religion‚ from a functionalist point of view‚ socialises people‚ teaching them norms and values of society‚ which are the basis for social unity. Religion further is a structure within functionalism which aids in influencing individuals lives. Functionalism
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Evaluate critically the contention that “early intervention works‚” and consider the implication for social work with children and families. Early intervention is important to social workers in that it is seen as an activity directed at preventing children and young people who are at the most risk from developing social‚ physical or psychological problems. Article 19 of the United Nations Convention of the Rights of the Child (UNCRC‚ 1989) states that‚ children should not be exposed to maltreatment
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which is prohibited in the international trade once Vietnam has been an official member of WTO. It is textile and garment industry that is one of the most difficult problem in negotiation process of bilateral agreement with US. So for such a dependent-on-government industry like textile and garment industry‚ what would happen after removing all preferences ? Whether they could survive ? What should they do to gain benefits in such a fierce competition after WTO accession ? That is the purpose of our
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