International Trade and Tariff Essay Example for Free

International Trade and Tariff Essay Tariffs Explain the various impacts of an import tariff in small nations vs. large nations. The impact of an import tariff in a small nation is entirely unlike then an import tariff from a larger nation. When smaller nations imposes a tariff, it does not affect world prices, however the price of the importable commodity will start to rise, usually by the amount of the tariff for manufacturers and trade in the small nation. When large nations impose a tariff, it will reduce the volume of trade. Large nation tariffs also improve terms of the nation’s trade. Since the volume of trade is being reduced, it tends to lesson the nation’s welfare. However it also can improve the nation’s welfare. It depends on the welfare of the nation to if it actually rises or falls depending on the two conflicting forces. What are the three main reasons governments prefer using a tariff to restrict imports versus quotas? A few reasons why tariffs are better option than import quotas is because, tariffs can generate revenue for the Government, import quotas can lead to administrative corruption, and import quotas can cause smuggling. The reason the government can make money off of tariffs is because there can be a percentage put on imported goods that will generate extra money. There are millions of different things that are imported into a country and the small percentage of tariffs generates a lot of revenue that would be lost of the government unless their trade had an authorizing fee on goods being imported. This can lead to administrative corruption, if there are no restrictions on importing goods then the government has the ability to pick and choose who can import and who cannot. This can give the custom officials a lot of power since they would have the ability to favor and only allow certain corporations. Tariff system helps to rid the possibility of corruptions. This not just the price, but also the quantity sold through supply and demand. Smuggling can occur with an import quota when there are large shortages. A tariff cannot provide a set number on the goods or products that are coming into the country so the number of imports will increase when the demand for it goes up. Should our government use a weak dollar exchange rate policy to make imports more expensive in order to help our exporters? The weakening of the U. S. dollar means that the dollar has fallen in value compared other currency. The weak dollar is good for exports, but not good for importers. The value of currency will decrease when the demand for that specific currency is low, which will make importing goods more expensive. A weak dollar can make things difficult for exporters that are selling to the United States. If a foreign company wants to sell goods to the U. S. it either needs to up the price of the product or sell it at a lower price because of the exchange rate. What roles do the IMF and WTO play in trade and the use of tariffs? The IMF or International Monetary Fun is an global business of countries that strives to guarantee the constancy of the worldwide financial and economic system. The IMF tries to make sure that there is balanced growth to international trade, it promotes exchange constancy and helps to give countries a way to balance payment issues. Tariff rate data comes from the IMF database and the country’s authority figures. The WTO or World Trade Organization is a global company that works on the rules of trade between two countries. It helps to ensure that international trade moves smoothly and generously. It also gives countries a helpful and just outlet for dealing with arguments over importing issues. The WTO regulations permit a nation to defend certain businesses if the elimination of tariffs would have detrimental side effects, such as the loss of necessary national trade.

Google Hacks: 100 Industrial-Strength Tips & Tools :: Essays Papers

Google Hacks: 100 Industrial-Strength Tips & Tools In April of 2002, the Google Engineering Team released an API (application programming interface) to their search engine technology. Initially aimed at software developers, the Google Web API program offers three services that developers can integrate into their own applications: access to the company's search engine; access to cached Web pages; and a spelling correction API that points users to alternate spellings of misspelled words typed into the search engine. The authors state in the preface that "the idea of Google Hacks is not to give some exhaustive manual of how every command in the Google syntax works, but rather to show you some tricks for making the best use of a search and show applications of the Google API that perform searches that you can't perform using the regular Google interface". (p. xviii) Learn to save time and get more precise results from your Google searches by getting the most out of Advanced Search or building/modifying code using the API. Sections devoted to search syntax are particularly helpful. Mari Stoddard, Head of Educational Services at Arizona Health Sciences Library, is a fan of Hack #11, date-range searching. The syntax allows you to narrow your search results to fresher content and to compare results over time. Although Google doesn't support "stemming", Hack #13 explains the full- word wildcard. (Google's wildcard character is *). Combine a special syntax with Google News (#32) and take advantage of its clustering capabilities. Try out examples of other hacks online at hacks.oreilly.com/pub/ht/2. In Chapter 8, The Webmaster Side of Google, topics range from the PageRank Algorithm and Google's AdWords program to how to remove your content from Google. You don't have to be the webmaster of a commercial site to find this information useful. Mari Stoddard thought this book was helpful "for people who don't spend their lives researching search engines" like she does because it organizes the hacks in one reference tool.

Fundamental Breach According to the Cisg

Article 25 A breach of contract committed by one of the parties is fundamental if it results in such detriment to the other party as substantially to deprive him of what he is entitled to expect under the contract, unless the party in breach did not foresee and a reasonable person of the same kind in the same circumstances would not have foreseen such a result. (CISG 1980) Used when: One of the parties suffers damages due to a breach of contract. The breach becomes fundamental when it is due to the other parties fault.This article could be interpreted as to whether or not the breaching party was ‘guilty’ of any form of neglect which caused the damages. If they could have prevented the damages, by handling reasonably, they are guilty of a fundamental breach of contract. Case: Tribunal: Court of Arbitration of the ICC Case#: 7531 of 1994 Seller’s Country: China (defendant) Buyer’s Country: Austria (claimant) Goods involved: Scaffold fittings Summary of the ca se: The plaintiff bought 80. 00 scaffold fittings from the Chinese seller. Upon delivery it turned out a substantial amount of the fittings were of bad quality. The buyer was only able to sell the goods partially and at a reduced price. Sorting out the good ones from the bad ones would have added an estimated third of the purchase-price. The Tribunal ruled in favour of the plaintiff as ‘an important part’ of the fittings did not conform to the sample which therefore resulted in a fundamental breach of contract.What was the effect of Article 25: It was proven that the plaintiff had suffered substantial damages due to the breach of contract. This enabled him to use art 25 and sue for damages. ? Article 35 (1) The seller must deliver goods which are of the quantity, quality and description required by the contract and which are contained or packaged in the manner required by the contract. 2) Except where the parties have agreed otherwise, the goods do not conform with the contract unless they: (a) are fit for the purposes for which goods of the same description would ordinarily be used; (b) are fit for any particular purpose expressly or impliedly made known to the seller at the time of the conclusion of the contract, except where the circumstances show that the buyer did not rely, or that it was unreasonable for him to rely, on the seller's skill and judgement; (c) possess the qualities of goods which the seller has held out to the buyer as a sample or model; (d) are contained or packaged in the manner usual for such goods or, where there is no such manner, in a manner adequate to preserve and protect the goods. 3) The seller is not liable under subparagraphs (a) to (d) of the preceding paragraph for any lack of conformity of the goods if at the time of the conclusion of the contract the buyer knew or could not have been unaware of such lack of conformity. (CISG 1980) Used when: This article is used when the goods delivered are not fit for the purpo se intended for them or when they are not of the same quality as the sample provided by the seller. They also need to be packed in a manner adequate to preserve and protect the goods. If they are not fit for purpose due to adequate packing, this the sellers fault. Note though that fitness for purpose is a broad term. For instance if meat has been purchased by a butcher in France he might deem the goods unfit as he meant to use them for Kosher meat. This does not count as the seller could not have foreseen this, unless it was mentioned.When selling it to a butcher in Israel however, the seller could have/ should have known these requirements. In fitness for purpose we look at the average quality required for products, unless expressly mentioned otherwise. Case: Tribunal: Bundesgerichthof (Federal Supreme Court) Case#: VIII ZR 159/94 Seller’s Country: Switzerland (Plaintiff) Buyer’s Country: Germany (Defendant) Goods involved: New Zealand Mussels Summary of the case: In this case the buyer bought mussels from a Swiss seller; the buyer later found they contained a cadmium level higher than the German health authorities allowed. Therefore he was not allowed to sell and he refused to pay due to a lack of conformity.The courts decided that though the cadmium levels in the mussels was higher than allowed in Germany, they were still eatable and did meet the standard required by the Swiss health authorities. It was therefore decided that the goods were of the required quality and the buyer should have mentioned the maximum cadmium levels allowed. What was the effect of Article 35: In this case it meant that the products did meet the required standard for quality of goods and the buyer had to pay for the products. ? Article 36 (1) The seller is liable in accordance with the contract and this Convention for any lack of conformity which exists at the time when the risk passes to the buyer, even though the lack of conformity becomes apparent only after that t ime. 2) The seller is also liable for any lack of conformity which occurs after the time indicated in the preceding paragraph and which is due to a breach of any of his obligations, including a breach of any guarantee that for a period of time the goods will remain fit for their ordinary purpose or for some particular purpose or will retain specified qualities or characteristics. (CISG 1980) Used when: The goods sold initially seem to be in good order, however after some time a lack of quality shows. This is only viable when the reason for this is due the sellers fault (e. g. When cars are sold and the paint starts to faint a month after the buyer obtained them, this could be the sellers fault due to using the wrong paint). Case:Tribunal: Bundesgerichtshof [Federal Supreme Court] Case#: VIII ZR 67/04 Seller’s Country: Belgium (Plaintiff) Buyer’s Country: Germany (Defendant) Goods involved: Frozen Pork Summary of the case: The buyer bought the goods to sell them on into Bosnia- Herzegovina. There were to be three deliveries of pork. In between deliveries a new ordinance was enacted in Germany (due to concerns regarding contamination of the meat) which stated that Belgian pork was no longer marketable unless a health certificated was provided. The defendants refuse to pay after they had been prohibited to resale the meats, which were then taken by customs and ultimately disposed of.The plaintiff argued that the risk had passed to the buyer when the goods were transported and therefor was liable for the events that took place. The court held however, that if the concerns were regarding to the harmfulness of the foodstuff to human health, the goods cannot be sold and therefor lack the required fitness for purpose. What was the effect of Article 36: Art 36 could be used in this case because the meat would already have been contaminated upon leaving the seller. Despite the fact that it was not detected until much later, when the risk had already passed to the buyer, the seller was still responsible as it was an initial breach of contract. ? Reference List: CISG 1980, United Nations, Accessed 26th of march 2013, ; http://www. cisg. law. pace. edu;

Civil Rights - 971 Words

Civil Rights The struggle for equality has been a battle fought for hundreds of years amongst Native Americans, African Americans, and Mexican Americans. When we hear the words civil rights often we conjure images of Martin Luther King Jr. delivering his soul-stirring â€Å"I Have a Dream† speech before the nation’s capital. The truth is, minorities have been fighting for their civil rights way before the 1950’s in fact it dates way back to the early 1880’s when Native Americans lost their lands, family, culture but most importantly their rights as human beings. America deprived Native Americans of their rights and ways of living by recruiting the young children to try and stop them from growing up to become â€Å"savages,† as the USA†¦show more content†¦These and other images are a testament to the intense burst of black activism and the resulting white backlash that characterized the civil rights movement of the mid twentieth century. The civil rights movement that spanned the years following the Brown v. Board of Education decision of 1954 through the passage of the Voting Rights Act of 1965 marked a watershed period that accomplished far more than the elimination of racial barriers; it led to the overwhelming transformation of American social, cultural, and political life. Changes to prevailing notions about the citizenship rights of blacks, for example, coupled with a redefinition of the role of the government and courts in protecting these rights; continue to bolster the human rights of all Americans, regardless of their skin color. The American civil rights movement left a permanent mark on American society. The most evident forms of racial discrimination came to an end, and racial violence declined immeasurably. Today, African Americans can freely exercise their right to vote, and in communities where blacks were once banned from the polls, blacks are elected to public offices. Millions of blacks, too, have been lifted out of poverty as a result of the many economic opportunities created by the civil rights movement. Also important, the civil rights movement served as a model for the advancement of other minority groups, including women, the disabled, gays, and many others.Show MoreRelatedCivil Rights And Civil Rights Essay1087 Words   |  5 PagesGovernment 2305 7 OCT 2017 Civil rights verses civil liabilities. Civil rights entail the basic need to be free from unequal treatment based on characteristics such as gender, race, nationality and disability among others. Civil rights are political rights, economic rights and social rights that are entitled to every citizen by birth in order to participate fully without oppression or discrimination against. Civil rights violation occurs in almost all phases of human rights. 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