How Governments Control International Trade

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Essay #: 057967
Total text length is 7,311 characters (approximately 5.0 pages).

Excerpts from the Paper

The beginning:
How Governments Control International Trade
As the economy goes global and many domestic companies both outsource their needs as well as import some products for their end-use, how nations control, assess and in many cases limit imports and exports is a contentious issue for many governments. For some countries, tariffs and quotas represent income; for others it is a means of keeping certain goods from endangering domestic competitors. Perhaps, the overall term for protecting domestic businesses can be called “protectionism.” For many international firms, such tariffs and quotas restrict their business opportunities and therefore their profit potential. What needs to occur in the near future is some sort of international rather than...
The end:
.....continue to be permissible. It benefits far too few and gives unfair advantage to far too many.
References:
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Washington, D.C.: US Fed News Service, Including US State News
Feb 13, 2006 para. 1
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AAP General News Wire. May 21, 2009. Para. 3
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export prospects” London UK: The Economist Jan 9, 2010.
Vol. 394, Iss. 8664
Nichols, H. S. (2001): “Taking the fix out of farm subsidies”
Washington: Insight on the News Aug 13, 2001. Vol. 17, Iss. 30; pg. 20
Suranovic
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and Theory” accessed March 4, 2010 on
internationalecon.com/Trade/Tch110/T110-4.php