International Trade and Finance Speech What happens when there is a surplus of imports into the U S? A surplus of imports is good for consumers but bad for local business. We have to produce and manufacture in order to export. As our export trade shrinks‚ so does our workforce and economy. The surplus of imported cars for 2012 has exceeded the exportation by $152 billion. Also the shelf life of cars is 1 year. Every year at the end of the cycle the existing models are sold off at huge discounts
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Globalization Supporting Comparative Advantage in Economies By: Mina Sherif Samy – Group A weekends Globalization Supporting Comparative Advantage in Economies Globalization is a process fueled by‚ and resulting in‚ increasing cross-border flows of goods‚ services‚ money‚ people‚ information‚ and culture (Held et al. 1999:16). Stephen Kobrin (1997:147-148) describes globalization as driven not by foreign trade and investment but by increasing technological scale and information flows. Sometimes
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Public International Law Nature‚ Scope‚ Basis of Public International Law. International Law assumes a society of nations and it governs the relationship of the members of this society. A system composed solely of legal rules and principles binding upon civilized nations only in their mutual relations. Professor Oppenheim has defined international law in the following words : “Law of Nations or International Law is the name for the body of customary and conventional rules which are considered legally
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under domestic law does not preclude illegality under int law (Art 3&31) -General rules in ILC Articles may be overridden by specific agreements with different rules (Art 55) (a) General principles-Wrongful act and breach ILC Art 1: Every internationally wrongful act of a State entails the international responsibility of that State. - can be one or more actions; may be attributable to more than one state ** Can be an omission. Corfu Channel Case‚ it was a sufficient basis for the responsibility
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International Trade and Finance Speech ECO/372 – Principals of Macroeconomics February 18‚ 2013 International Trade and Finance Speech This speech delivered by the Speaker of the House to a group of reporters surrounding the topics of international trade‚ foreign exchange rates‚ import surplus and how they each impact different constituencies. It will also explain why the government would not be able to restrict importation of goods from China‚ or
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International Trade Theories Chapter – “4” International Trade “…free trade ultimately benefits all countries that participates in a free trade system. Those who take this position concede that some individuals lose as a result of a shift to free trade. But in the aggregate they argue that the gains outweigh the losses.” (Charles W. L. Hill 2005‚ p. 144) Trade Theories 1. Mercantilism (Thomas Mun 1630) Countries should Encourage Exports & Discourage Imports. 2.
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INTERNATIONAL LAW OUTLINE I. THE TYPES AND SOURCES OF INTERNATIONAL LAW Statute of the International Court of Justice: (Article 38) The Court‚ whose function is to decide in accordance with international law such disputes as are submitted to it‚ shall apply: (a) international conventions‚ whether general or particular‚ establishing rules expressly recognized by contesting states; (b) international custom‚ as evidence of a general practice accepted as law; Determining custom: The general
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PUBLIC INTERNATIONAL LAW Name of the Case: SADC Asylum Case (Asante/Gopenia) Year of the decision: 2014 Court: SADC Tribunal Legal Issues before the Tribunal: 1. Is Asante competent‚ as the country that grants asylum‚ to unilaterally qualify the offence for the purpose of asylum under treaty law and international law? 2. Was Gopenia‚ as the territorial State‚ bound to give a guarantee of safe passage? The Tribunal’s Decision: As a point of departure‚ Article 38(1) UN Charter provides
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challenge for software makers such as Microsoft that want to sell software in the global marketplace. Laws that protect intellectual property vary from country to country‚ and the laws in many countries provide little or no protection. Governments in developing countries are reluctant to increase the protections afforded by their intellectual property laws because they see no point in passing laws that protect the profits of foreign corporations by imposing higher costs on their struggling local businesses
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of services‚ distribute resources equitably that are based on needs‚ look for solutions in the patient’s customary environment and form a strong partnership between the individual‚ public resources and resources in the individual’s environment (The History of Madness in Canada‚ 2009). Deinstitutionalization has some advantage and disadvantages. One of the advantages of deinstitutionalization it that patients are able to develop more meaningful lives by being involved with activities of their choice
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