Patterns and Trends in International Trade –Imports are the goods and services that we buy from people in other countries. –Exports are the goods and services we sell to people in other countries. Patterns and Trends in International Trade •Trade in Goods –Manufactured goods represent 50 percent of our goods exports and 70 percent of our goods imports. –Raw materials and semi-manufactured materials represent 40 percent of our exports and 15 percent of imports. –Our largest export and import items
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Economy: Trade‚ Globalization & Development Although ’globalization’ has become a controversial buzzword in the past few years‚ international trade has been an important part of the world economy for a very long time. The ’opening up’ or ’liberalization’ of most country’s domestic markets to trade has occurred gradually over the past 50 years‚ in large part due to the success of the General Agreement on Tariffs and Trade (GATT)‚ which has now become institutionalized as the World Trade Organization
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Port Economics Port Economics is the study of the economic decisions (and their consequences) of the users and providers of port services. A port is an “engine” for economic development by providing employment‚ worker incomes‚ business earnings‚ and taxes for its region. The book provides a detailed discussion of types of carriers that use ports‚ the operation of cargo and passenger ports‚ as well as the operation of such specific ports as Hong Kong‚ Hamburg‚ Le Havre‚ Savannah‚ Miami‚ and Panama
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– A History of Humanity Essay 1 World History in Context‚ written by David Christian (2003)‚ questions the context of world history as well as the complexity of human history and the societies with which they live. In Christian’s article he argues that looking at world history in its global context‚ rather than one specific moment in history‚ is the way it is intended to be interpreted and allows historians to recognize reoccurring patterns and themes. World history is meant to be an unbiased
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catalysts of progress. That’s why the 4th district officials in which the said municipality belongs are proposing a RoRo port located on it’s northern tip barangay‚ Maya‚ which directly faces the sprawling beach of Malapascua Island and the neigbooring provinces like Leyte. Currently‚ Fourth district Rep. Benhur Salimbangon continues to fund the completion of the roll-on/roll-off (RoRo) port in Maya‚ Daanbantayan which was initiated by the provincial government. Garcia proposed P50 million for this project
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CHAPTER-16 - WORLD TRADE ORGANISATION Q.1 : Discuss the objectives and functions of WTO. (M.2011) Ans. A) EMERGENCE OF WTO :- After the Second World War‚ many countries got down together to work on ways and means to promote international trade. The result was signing of General Agreement on Tariffs and Trade (GATT) by 23 countries in 1947. India was one of the founder members of GATT. GATT was created to reduce global depression and to liberalise and regulate the world trade by reducing tariff
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Catherine Cobon HST 102-101 Prof. Gardiner Notes: Thursday‚ April 04‚ 2012 Through the first week of notes in History: The Maritime Expansion History is the study of past events‚ as well as important events that happened in which we discover what brought us today to this actions. We always have to get down through these events in history‚ dig in and discover in detail the roots of life. Globalization is the systematic interaction and economic integration‚ an economic traffic. Most countries
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NURNBERG AUGSBURG MASCHINENWERKE Course: Bachelor of Business (Maritime and Logistics Management) Abstract The following article follows the case of a German company‚ Nurnberg Augsburg Maschinenwerke and an order‚ of buses‚ from a group of Brazilian authorities dealing with the improvement of the local public transportation. The best and most viable routes are to be decided upon for the delivery of these buses to Santos. A condition was given for 25 buses to be
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monetary‚ interest‚ and value theory within a natural-law perspective. A 1638 painting of a French seaport during the heyday of mercantilism. Two groups‚ later called "mercantilists" and "physiocrats"‚ more directly influenced the subsequent development of the subject. Both groups were associated with the rise of economic nationalism and modern capitalism in Europe. Mercantilism was an economic doctrine that flourished from the 16th to 18th century in a prolific pamphlet literature‚ whether of
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Agile Ports Agile Ports Functional ports over the world handle different cargos of varied quantities and size to complete the international transport chain (Konings‚ Priemus & Nijkamp‚ 2008). The capacity of such ports needs enhancement to minimize operational interruption of their terminals as the containers move in and out the ports. Technological advancements and application of best business practices ensure the operations in the ports are efficient enough to handle the capacities
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