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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PIRACY IN SOMALIA AND ITS INTERNATIONAL IMPLICATIONS In the past few years‚ pirate attacks off the coast of Somalia have received a great deal of public attention. According to the London-based International Maritime Bureau‚ there has been an “unprecedented increase” in Somali pirate activity in the first 9 months of 2009. Until September this year 147 incidents were reported off the Somali coast and in the Gulf of Aden (separating Somalia and Yemen)‚ compared with 63 for the same period
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ANNUAL REPORT 2011 - 2012 Trends in India’s Foreign Trade India’s Trade Performance India’s merchandise exports reached a level of US $ 251.14 billion during 2010-11 registering a growth of 40.49 percent as compared to a negative growth of 3.53 percent during the previous year. India’s export sector has exhibited remarkable resilience and dynamism in the recent years. Despite the recent setback faced by India’s export sector due to global slowdown‚ merchandise exports recorded a Compound Annual
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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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relationship between international trade and world output. The relationship between supply and demand‚ world output and international trade are discussed and examples are provided for specific countries such as the United States and Canada. International Business – International trade is the purchase‚ sale or exchange of goods and services across national borders. (Griffin‚ Pustay‚ 2010) International trade is important not only for the country exporting the goods by means of revenue for
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infrastructure‚ which took over all launches to the International Space Station from the Space Shuttle. The mountains in the south are important for apples and walnuts; both species grow wild there. Kazakhstan’s industrial sector rests on the extraction and processing of these natural resources and also on a relatively large machine building sector specializing in construction equipment‚ tractors‚ agricultural machinery‚ and some military items. Trade‚ Exports and Imports Kazakhstan’s economy relies
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mostly all the knowledge you have comes from high school‚ but is a scam? No it’s not a scam they might charge a bit much in tuition but you have to make a budget for yourself. You don’t have to go to your dream school you get a good education you just have to listen to your teacher and you’ll get a good quality of education. On my Fox Business show with Richard Vedder‚ author of “Going Brpke by Degree: Why College Costs Too Much‚” and Nami Schafer Riley‚ who just published “Faculty Lounges
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Being Your Own Boss Have you ever imagined yourself owning your very own business? Most people have done this at least once in their lives. When people think of owning their own business they usually imagine making lots of profit‚ working once a week‚ and never being worried about being fired or laid-off. Though this is true for a few people‚ most entrepreneurs have to work countless hours and extremely hard for the success of their business. There are many differences in working for someone else
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- 10-3-24 pm10:28 To what extent has globalisation influenced one or more aspects of the culture in your country? Illustrate your answer with examples Due to the development of globalisation‚ “a global culture was seen as being formed through the economic and political domination of the United States which thrust its hegemonic culture into all parts of the world” (Featherstone‚ 1995‚ p87). As well as economic change‚ culture change is heavily influenced by globalisation. Culture can be generally
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APPLYING ETHICAL FRAMEWORKS IN PRACTICE APPLYING ETHICAL FRAMEWORKS IN PRACTICE Ethical Implications The ethical principles involved in the article reviewed are beneficence (bring about positive good) fidelity (trustworthy)‚ and veracity (honesty) The nurse involved is caught between the core principles of nursing‚ by following the patients wish of not informing her parents by the diagnoses of a sexually transmitted disease. The implications of betraying the core principles of nursing could
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