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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QUESTIONING EUROPE’S CONVERGENCE INDEX I Summary II. Introduction III. Economic growth as measured by GDP and economic convergence VI. Pre crisis Convergence VI.I Integration and suppression of trade barriers VI.II Monetary union and single currency VI.III Macro economical stability V. After crisis convergence VI. Globalization employment and industry VII. Bibliography I. Summary The creation of the EU has been highly controversial‚ recent
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Analysis of Poland 1. Political Type of government: Republic 1 Political stability: considered by the World Bank to be "politically stable" 2 Internal or external conflicts: As of May 2012 it contributed 2457 troops to ISAF 3 implemented the strict Schengen border rules to its eastern borders 1 Refugees and internally displaced persons: refugees (country of origin): 15‚149 (Russia) (2013) 1 stateless persons: 10‚825 (2012) 1 Legal system: civil law system‚ rulings of the Constitutional Tribunal are
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Northern Gateway‚ this will expand the passenger terminal in the airport. This terminal expansion project will consist a new building with 2 floors‚ the size of it will be 214 meters long and 28 meters wide. This project will be built in the non-Schengen zone and will open 23 new gates with bridges for passenger boarding. The location of the new building will not be far away‚ only 240 meters away from already existing terminal. The expenses of this new terminal are approximately 115 million euros
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Global Financing and Exchange Rate Mechanisms Paper Global finance operations include financial procedures‚ such as accounting‚ financial planning and analysis‚ strategic planning‚ treasury‚ investor relations‚ and financial compliance. Exchange rate is the existing market cost for which one currency can be exchanged for another (Moffatt‚ n.d.). For instance‚ when the U.S. exchange rate for the Japanese Yen is ¥1.10‚ this means that 1 American Dollar can be exchanged for 1.1 Japanese Yen. The
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Lubos Kubik Ms. Sheridan English III 29th of February Becoming an American citizen is too difficult If a person was born in the United States of America‚ then that person is citizen of the United States. But what if the person was born in another country? How can the person become citizen of the Unites States? There is only two ways how to become an American citizen‚ by law or by birth. For somebody is easy and for somebody else‚ an impossible dream. Most often the legal way how to become
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financial crisis of 2007–2010 and now in its aftermath‚ Lithuania has one of the fastest growing economies in the European Union. Lithuania is a member of NATO‚ the Council of Europe‚ and the European Union. Lithuania is also a full member of the Schengen Agreement. The United Nations Human Development Index lists Lithuania as a "Very High Human Development" country. PESTLE Analysis
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The reasons and the consequences of globalization Nowadays the process of globalization involves the majority of countries throughout the world. As any other occurrences‚ it has reasons and entails consequences‚ which can be as useful for some countries as destructive. The globalization in a general word sense is known to be the process of the world economic‚ political and cultural integration and unification [10]. I am going to use the term in this aspect. What factors have given occasion
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1.0 Introduction Proceeding the 12 point objective plan‚ the prime minister Theresa May has suggested that the British government does not want to continue its part in the union as a single market. The market that intended to increase competitiveness‚ specialization and scale of economy therefore to allow products to be transferred to a place where it is valued most effectively and efficiently. Where some of the products and goods are dealt with according to EU legislations. 2.0 The Brexit
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have passed since its integration and there has been a rise of Eurosceptism from Britons‚ thinking that Britain and Europe are two different things. Indeed the British government refused to integrate the Euro in their currency‚ to take part in the Schengen agreement abolishing borders controls for EU memberships and to adopt the area of freedom‚ security and justice.
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