CASE: GS-62 DATE: 04/29/08 RENAULT’S LOGAN CAR: MANAGING CUSTOMS DUTIES FOR A GLOBAL PRODUCT There are some commodities with very high levels of complexity with respect to customs duties. Because of this‚ we must have some specific knowledge of what duty optimization‚ drawbacks‚ specific regime‚ and automotive laws are. —Isabelle Roca‚ Customs and Trade Manager‚ Renault Renault designed the Logan car to address the needs of new‚ high-potential markets around the world. Initially launched in
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INTRODUCTION Customs union is the form of economic integration which is in act today. Nowadays the integration and economic globalization is taking place in the world. Customs union is a trade agreement between the group of countries according to which there is a set of tariffs to the countries which is not in union while there is a free trade zone between the countries signed the agreement (ITAR-TASS‚ 2010). In this project we will talk about the economic integration between three countries
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Outline I. Introduction Thesis statement: The Customs Union for Russia‚ Kazakhstan‚ and Belarus is a purposeful union‚ which serves to meet several aims. II. Body A. In the light of common aspiration to the WTO accession‚ it is worth of examining why preference of states was given to multilateral over preferential trade. B. The idea of the multilateral cooperation and creation of a common economic space‚ elimination of borders and regional integration is not new in the post-Soviet
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------------------------------------------------- The formation of custom unions can be beneficial to its member countries because of the new volume of trade created‚ but the net welfare effect depends on whether it leads to trade creation or trade diversion. Explain and discuss this statement ‘Customs union’ is the form of economic integration‚ which allows no tariffs or other barriers on trade among members (as in free trade area)‚ and in addition it adopts a common commercial policy toward the
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Agreement (NAFTA) and the European Free Trade Association (EFTA) as examples of FTA’s. • Customs union Adds common tariffs to the FTA. It is a logical extension of FTA: There are no tariffs between countries in the customs union‚ and the tariffs charged by member-nations to the rest of the world are consistent among the member-nations. Example is the South African Customs Unions (South Africa‚ Lesotho‚ Namibia‚ Swaziland and Botswana) Ball and McCulloch (2008:120).
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custom uniMurat Serikbayev 20123402 Iimpact of customs union between Belarus‚ Russia and Kazakhstan’ to the car market in our country I want to start my Tethys from the history of Kazakhstan’s car market‚ what are the prospects for the future and how it is influenced by the customs union. Before the financial crisis Kazakhstan’s car market demonstrated impressive growth‚ more than 25% annually‚ which is higher than in most developed countries. Used car market also was developed because it was
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* Customs Union Theory ------------------------------------------------- (18th century) A customs union is a grouping of countries with a common external tariff‚ but with free trade‚ free movement of labor and capital among themselves. Customs union theory examines the impact on trade in general following the removal of barriers (such as quotas and tariffs) between the countries and their establishment against other countries. --- Advantages of Custom Unions : Consumers get a wider choice of
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of the word integration can be traced to the 1930s and 1940s. Objective The increase of trade between member states of economic unions is meant to lead to higher productivity. This is one of the reasons for the global scale development of economic integration‚ a phenomenon now realized in continental economic blocks such as ASEAN‚ NAFTA‚ SACN‚ the European Union‚ and the Eurasian Economic Community; and proposed for intercontinental economic blocks‚ such as the Comprehensive Economic Partnership
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Global Macroeconomics and the Caribbean Business Environment Can small developing countries survive in a globalized environment? Can Small Developing Countries survive in a Globalized Environment? ABSTRACT This paper examined the arguments for globalization with respect to the survival of small island developing states primarily in the Caribbean region. Arguments for globalization focused on the development of new markets‚ free trade agreements‚ income generation and the building of human
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Answers It was designed to eliminate trade barriers between the United States‚ Canada‚ and parts of Asia. It created several‚ independent commercial markets for goods and services. It was a customs union like the European Community. It involved economic and political unions. It provided only for the elimination of tariffs and other trade barriers between the United States and Canada. The most important advantage of Northeast China that mainly contributed toward its being
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