Tarrifs - Study guides, Class notes & Summaries

International economics class notes with pictures of the powerpoint to be explained further

Liberalization of the trading system - lowering and/or removing trade barriers such as tarrifs, quotas, and subsidies Capital markets - a stock exchange where long term financial instruments such as stocks and bonds can be bought and sold Transparency - a system of full disclosure and openness that aims to avoid any semblance of corruption and cronyism Accountability - a system of responsibility in which an authority, such as the government, is answerable for its actions Adaptive ins...

International trade allows countries to expand their markets and access goods and services that otherwise may not have been available domestically. As a result of international trade, the market is more competitive. This ultimately results in more competitive pricing and brings a cheaper product home to the consumer.

What are the three types of economic systems? command, market, mixed What are the three BRIC countries Brazil, Russia, India and China What economic system did the Republicans used to abide by? Market but now shifting toward mixed due to tarrifs Define Mixed Economy Gov and private ownership mixed in allocating economic resources, optimizes efficiency, happens in mostly free countries, 2nd most productive type behind market and preempts self interest Economic Free...

Employees Compensation Package - Answer- Base Wages, Inceentive wages per non defective pair Year 11-12 - Answer- 6 million without overtime, 7.2 with the use of overtime SQ rating - Answer- % of superior materials, 6 Sigma, Use of best practices training, expenditures for new styling features Credit Rating Factors - Answer- Debit to asset ratio, default risk ratio, interest coverage ratio Best describes company's plant - Answer- Standard and superior materials sourced from outside ...

final exam, study guides, review, class notes,

The document provides a comparison between domestic enterprises in Canada such as the Canadian Tire Corporation and multinational enterprises such as the Four Seasons Hotel which is in many countries. The comparison is based on government policies, tariffs, language, culture as well as currency.