barriers of trade

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www.StudsPlanet.com Internationa l Trade Barriers

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  • 1. www.StudsPlanet.com International Trade Barriers

2. www.StudsPlanet.com -WHAT IS A TRADE BARRIER TYPES: -IMPORT DUTIES -IMPORT QUOTAS -IMPORT LICENSES -TARIFFS -EXPORT LICENSES -SUBSIDIES -NON-TARIFF BARRIERS TO TRADE -VOLUNTARY EXPORT RESTRAINTS -ECONOMIC EFFECT OF TRADE BARRIERS -COMMON ARGUMENTS -JOBS ARE DESTROYED BY TRADE -WORKER WAGES ARE HURT BY TRADE. -NATIONAL SECURITY IS THREATENED BY TRADE. -SPECIAL INDUSTRIES WITH UNIQUE AND SUBSTANTIAL ECONOMIC POTENTIAL WILL NOT MATURE WITHOUT PROTECTION FROM TRADE. -UNFAIR COMPETITION UNDERMINES THE BENEFITS OF TRADE. -THREE MAJOR INTERNATIONAL TRADE AGREEMENTS EU, NAFTA, ASEAN HTTP://WWW.YOUTUBE.COM/WATCH?V=YVT36Q1XLNK INTERNATIONAL TRADE BARRIERS 3. What is NAFTA? Began on January 1, 1994 Between Canada the United States and Mexico NAFTA pros and cons www.StudsPlanet.com 4. What is ASEAN? Established on August 8th , 1967 10 member countries -Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippians, Singapore, Thailand, and Vietnam www.StudsPlanet.com 5. What is the EU? 27 member states The Economic and Monetary Union (EMU): 15 member states, soon to be 16 on January 1, 2009 with the addition of Slovakia -10th Year of the Euro www.StudsPlanet.com 6. German purity law In effect since 1516 Can only be called beer if ingredients are only water, barley, and hops Repealed in 1987, replaced with Protectionism against Belgium and Britain www.StudsPlanet.com 7. Controversial monetary aid program Structural adjustment program Removal of all internal subsidies Jamaican milk subsidies www.StudsPlanet.com 8. Common Agricultural Policy (CAP) Guaranteed minimum prices Import tariffs and quotas on products outside EU Conflict between US and EU Subsidies resulting from political/economic reasons rather than real demand from producers www.StudsPlanet.com 9. Increasing demand for fuel-efficient, eco-friendly vehicles US automobile trade deficit for 2007 $97.51 billion Japanese automakers manufacturing in US factories Honda, Toyota, and Mitsubishi all have US factories www.StudsPlanet.com 10. European-style autos becoming popular Popular European vehicles not legal in US Differences in US and European safety regulations inhibiting trade www.StudsPlanet.com 11. Smart Introduced January 2008 by DaimlerChrysler Slightly longer than European vehicle 33mpg city, 41mpg highway Ford Fiesta Taurus Transit Connect www.StudsPlanet.com 12. www.StudsPlanet.com 13. "TheTIFAwillbeaplatformtointensifyour tradeandinvestmentrelationswiththeASEAN region,whichcollectivelyconstitutesourfourth largesttradingpartnerandrepresentsoneofthe mostrapidlygrowinganddynamiceconomiesin theworld." - Areas of mutual concern culminate in 3 Projects: - ASEAN Single Window - Plant health - Standardization www.StudsPlanet.com 14. -Effects are more pronounced in developing economies. -Data is limited, but scope of products is broad and expanding. Industry Sectors Subject to Infringement: -Apparel - Electrical Components -Audio-visual - Personal accessories - Automotive - Pharmaceuticals - Consumer Electronics www.StudsPlanet.com 15. http://www.cottingham.com.tw/c/en/news/latest-news/188.html http://www.assatashakur.org/forum/conscious-edutainment-videos-movies-tv/30335-life-debt-how-imf-world-ban Trade Conflict and the US-European Union Economic Relationship, CRS Report for Congress, Raymond j. Ahearn http://www.msnbc.msn.com/id/26444467/ http://www.msnbc.msn.com/id/25811141/ http://www.msnbc.msn.com/id/13593486/ http://trade.gov/mas/manufacturing/OAAI/auto_stat_index.asp http://www.bls.gov/news.release/ximpim.htmhttp://library.thinkquest.org/06aug/00036/intltrade_barriers .html http://www.itintl.com/ http://www.infoplease.com/cig/economics/barriers-international-trade.html http://en.wikipedia.org/wiki/Main_Page http://www.fas.usda.gov/itp/Policy/nafta/nafta.asp http://www.aseansec.org/ http://europa.eu/index_en.htm http://news.thomasnet.com/IMT/archives/2004/01/the_pros_and_co_1.html http://www.youtube.com/watch?v=YVt36Q1xLNk www.StudsPlanet.com