Economics - 101 A recently story by Clancy Yeates from the Courier Mail dated December 3rd 2012‚ discusses groundwork laid out by the Australian Federal Government. The government aims to reduce the thousand dollar GST free threshold for goods bought from overseas online stores. The article refers to the assistant Treasurer David Bradbury and how he feels the policy will affect on retailers. Bradbury states “while this is not the biggest challenge confronting the retail sector‚ the government
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Introduction Fair trade is an organised social movement which is based on partnership between producers and consumers‚ with the aim of providing secure and sustainable livelihoods to suppliers‚ as well as fulfilling their potential. As an alternative approach to free trade which focus on establishing an unrestricted trading relationship‚ the core goal of fair trade is to aid marginalised producers‚ promote trading conditions and sustainability (Fairtrade International‚ 2011). The last decade has
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1.0 INTRODUCTION Bomb disposal is the process by which hazardous explosive devices are rendered safe. Bomb disposal is an all encompassing term to describe the separate‚ but interrelated functions in the military fields of Explosive Ordnance Disposal (EOD) and Improvised Explosive Device Disposal (IEDD)‚ and the public safety roles of Public Safety Bomb Disposal (PSBD) and the Bomb Squad. Many shells‚ bombs and munitions fail to explode‚ leaving them around the battlefield after the fighting is
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The name was given to the poem because the poet shows that the speaker is studying the poem. This poem "A contemplation upon flowers by Henry King" is about a man who wants the flowers to teach him to become humble. But instead the flowers taught him three lessons. His first lesson that he learnt was to become brave and to remember the place where the flower came from‚ as referred to line 1‚ 5-6 " Brave flowers that I could gallant it like you"‚ " You are not proud you know your birth for your embroidered
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Pakistan‚ Introduction The inability of the World Trade Organisation (WTO) to broker a multilateral trading system acceptable to all its members sparked a rising interest in regionalism. The first wave of regionalism in the 1960s was divided along North-North and South-South trading arrangements. In the 1980s‚ the second regionalism wave evolved into a North-South trading arrangement. (1) However‚ in a post-Cold War setting‚ regional groupings have responded to the volatility of the multilateral
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The World Trade Organization (WTO) website defines itself as an organization as “born out of negotiations”. The WTO of today was created on January 1‚ 1995 and is comprised of 153 countries as of February 2011. The WTO’s mission statement centers around 3 agreements between its members: The General Agreement on Tariffs and Trade (GATT)‚ the General Agreement on Trade in Services (GATS)‚ and the Trade-Related Aspects of Intellectual Property Rights (TRIPS) (WTO‚ 2012). The WTO also serves the function
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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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Modern non-tariff measures 1. Import deposit schemes: this requires importers to deposit a certain amount with the central bank of the country. This makes importing more time consuming and more expensive and reduces the liquidity of the importing firm. 2. Voluntary Export Restrain (VER): it is an agreement between two countries where the government of exporting country agrees voluntary to restrict the volume of its exports of a certain good. Ex. Japan’s VER with USA in the export of motor
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Many things helped drive the sugar trade. Demand‚ slavery‚ and climate played a major role in the driving of the sugar trade. Demand was greatly increasing throughout the years. The climate of the caribbean islands where cane sugar was grown. Slavery provided “free” work to produce sugar which in turn increased profits for the farmers. In England‚ sugar was not shipped there until the year 1317. But once the sugar was becoming a popular import‚ it boomed. Sugar consumption and import grew tremendously
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international trade become less risky‚ less costly and even less time consuming then the past? Will business confidence likely grow even more in the future? There are multiple reasons for these common questions. Firstly‚ international trade has become less risky because traditional trade was regulated through bilateral treaties between two nations. For centuries under the belief in mercantilism most nations had high tariffs and many restrictions on international trade. Now most international trade among
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