ASEAN INDIA AIFTA The research topic will be on Free Trade Agreement (FTA) and the key objective of this assignment is to understand the background‚ impacts and benefits of FTA from a Singapore’s perspective. Free Trade Area ASEAN free trade area is a trade bloc agreement by the Association of Southeast Asian Nations supporting local manufacturing in all ASEAN countries. ASEAN consists of 10 countries; India‚ Singapore‚ Malaysia‚ Thailand‚ Vietnam‚ Brunei‚ Indonesia‚ Philippines‚ Cambodia and
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Summary from the article – Electronic in ASEAN Several factors make electronics a leading industry in South East Asia: 1. Possibilities of application – greatly impact the growth of economy and society of one particular country 2. The drop in the prices of important hardware Electronic industry is divided into two main category: industrial electronics and consumer electronics. Industrial electronics: 1. Servers 2. Telecommunications 3. Robots Consumer electronics:
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What is ASEAN Summit? ASEAN Summit is an annual meeting held by the member of the Association of Southeast Asian Nations (ASEAN) in relation to economic‚ and cultural development of Southeast Asian countries. The league of ASEAN is currently connected with other countries who aimed to participate on the missions and visions of the league. Apparently‚ the league is conducting an annual meetings with other countries in an organization collectively known as the ASEAN dialogue partners. ASEAN +3 adds
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country because of the bigger size of market and free flow of labor and capital 3 Free Trade Area a common external preferential tariff scheme to promote the free flow of goods within ASEAN.[44] The ASEAN Free Trade Area (AFTA) is an agreement by the member nations of ASEAN concerning local manufacturing in all ASEAN countries 4 Exchange in technology: each country will have an opportunity to gain new technology such as technology in production and medical 5Product price will decrease: because
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themselves‚ but maintain their own external tariff on imports from the rest of the world. The North American Free Trade Area is an example of a FTA. When the NAFTA is fully implemented‚ tariffs of automobile imports between the US and Mexico will be zero. However‚ Mexico may continue to set a different tariff than the US on auto imports from non-NAFTA countries. Customs Union: A customs union occurs when a group of countries agree to eliminate tariffs between themselves and set a common external tariff
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ASEAN was created on August 8‚ 1967 by five founding members; Thailand‚ Indonesia‚ Singapore‚ Malaysia‚ the Philippines. Malaysian foreign minister Ismail Abdul Rahman said at that time: ‘we have to come to a profound shared realization that we will not be able to survive as independent nations for long…‚ unless we think and act at the same time as residents of Southeast Asia’ . At perilous times when the nation-states were pressurized into joining either one of the two major blocs‚ Southeast Asian
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http://www.informationliberation.com/index.php?id=18170 Dollar vs Euro—Weapons of mass destruction Dr. Barton‚ Jr.‚ Chairman‚ Trader ’s U. U. S. Dollar: Strong or Weak? "The U.S. Dollar: Strong or Weak? (The Dollar Id Dead. Long Live the Dollar!)" 16 Nov. 2005: 162 http://www.investmentu.com/tradersu/2005/20051116.html. Dr. Steve Sjuggerud‚ Advisory Panelist‚ Investment U. Dollar vs Euro: More Collapse or a Rise on the Way? "Dollar vs Euro: More Collapse or a Rise on the Way? (The Dollar Giga-Bubble
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Q.1: How did Nationalism and the idea of the Nation-State emerge? Ans: Till mid-eighteenth century most of the people around world did not have concept of nationalism i.e. about their nationality‚ their national identity etc. This is because at that time nations did not exist in their modern form. People lived within kingdoms‚ small states‚ principalities‚ chiefdoms and not within nations. The first clear expression of nationalism came with the French Revolution in 1789. Thus‚ the idea of nationalism
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Law esasay Hard-up Construction wants to know (a) Whether they have any right against university of South Yorkshire (Their employer) for refusal of payment of additional payment of £600‚000 on top of the original contract price and (b) Whether they are entitled to £50‚000‚ as promised by Ms Barbara Ella.ln order for them to succeed they will have to show that South Yorkshire reluctantly agreeing and Ms Barbara Ella promise was contractually binding. The two issues can be out to be looked at separately
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The North American Free Trade Agreement (NAFTA) is a very significant part of international trading in North America. NAFTA was built upon a prior 1989 trade agreement between the U.S. and Canada that was responsible for tariff reductions between the nations. There were concerns of U.S. jobs being lost in the transfer of factories to foreign nations‚ where U.S. companies could take advantage of cheap labor and the lack of workers’ rights. Also‚ environmental groups became concerned that enforcing
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