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Sunday, April 7, 2019

Restrictive health, safety and technical standards Essay Example for Free

inhibitory health, safety and technical standards EssayTechnical Standards Standards and standards-related technical regulations be pervasive features of global commerce, change an estimated 80 percent of knowledge domain commodity cover. These technical specifications make up much of the vocabulary in the despotic language of industry, consumer comfortion, and government regulation. As such, contrary standards and methods used to tax conformity to standards can either relieve efficient world-wide trade and its resultant benefits, or they can impede access to export markets. divergent standards peculiar to a nation or region, redundant testing and compliance procedures, unilateral and non-transparent standard consideration exercises, and a confusing thicket of some other standards-related problems are now recognized as major impediments to remedy trade. For example Vietnams Ministry of Science and Technology publishes a list of imports and exports requiring mandato ry quality inspection.Importers and exporters of the products on the list mustiness contentedness their products to inspection and obtain a permit from the relevant government agencies (such as the Ministry of Public Health, the Ministry of agri cultivation and Rural Development, the Ministry of Industry, the Ministry of Fishery, and the Ministry of Science and Technology) at the time they go through customs. In the inspection, some products are stem to national standards, some are subject to regulations of the functional agencies, and some are subject to both. chinaware is rattling concerned with the transparency of Vietnams mandatory quality inspection system. Language Barrier Communication is the key to twist successful business relationships. However, communication becomes complex when more than one language is involved. Interpreters and translators can play a critical role assisting exporters with the delivery of key information to prospective customers and clients. Inter preters and translators fulfill variant roles in different cultures. For example, an interpreter in North America or Europe is expected to relay an unbiased bankers bill of the information to the audience.In Japan, however, an interpreter will translate the language and quite likely interpret gestures, circumstance and meanings for those in attendance. Exporters should enlist the services of an experienced, fluent translator or interpreter who is also immersed in the culture of the target market. Working as a team, the exporter and the interpreter can review the text, presentation or other materials together to ensure that there will be no difficulties with background information, technical terms or potentially ambiguous messages. Non-tariff Barriers.Non-tariff barriers (NTBs) refer to the wide range of policy interventions other than border tariffs that affect trade of trues, services, and occurrenceors of production. Most taxonomies of NTBs include market-specific trade and d omestic policies affecting trade in that market. Extended taxonomies include macro-economic policies affecting trade. NTBs have gained importance as tariff levels have been reduced worldwide. Common measures of NTBs include tariff-equivalents of the NTB policy or policies and count and frequency measures of NTBs.These NTB measures are subsequently used in various trade models, including gravity equations, to assess trade and/or welfare effects of the measured NTBs. Conclusion The world has a long memorial of international trade. In fact, trading among nations can be traced back to the earliest civilizations. Trading activities are straightway related to an improved quality of life for the citizens of nations involved in international trade. It is safe to say that virtually every person on earth has benefited from international trading activities.This may be a good time to reinforce the idea that trade barriers are designed to protect some industries but, in fact they may hurt oth er industries or even consumers. Economists have found that sanctions dont oftentimes reach their semipolitical objectives and they come with high be. A good example is the steel tariff imposed by the scrubbing administration, on unconnected-made steel. President Bush imposed the tariffs, ranging from 8 percent to 30 percent, on some kinds of foreign steel in March 2002, in order to help the U. S. steel industry compete with foreign steel producers.Many U. S. manufacturing companies that use steel, including manufacturers of auto parts and appliances, say that the steel tariffs have raised costs for manufacturers and caused thousands of manufacturing losses. Also, people who buy cars or appliances may have to pay higher prices because of the steel tariffs. The U. S. International hatful Commission recently concluded that the tariffs have caused a $30 million net loss to the U. S. economy. In addition, the European Union is considering retaliatory tariffs against the U.S.TBR (T rade Barrier Regulation) is Europes way of removing obstacles to trade, ensuring that countries abide by the rules of international trade, and providing procedures for resolving international trade disputes. Through the European Commission, its procedures interface conducely with WTO dispute resolution procedures, affecting all countries subject to WTO rules and agreements notably the United States and Japan and whose industries have been the subject of recent international decisions.Free trade is normally most strongly suffered by the most economically decent nations in the world, though they often engage in selective protectionism for those industries which are politically important domestically, such as the protective tariffs utilise to agriculture and textiles by the United States and Europe. The Netherlands and the United Kingdom were both strong advocates of free trade when they were economically dominant, today the United States, the United Kingdom, Australia and Japan ar e its greatest proponents.However, many other countries (such as India, China and Russia) are increasingly becoming advocates of free trade as they become more economically powerful themselves. As tariff levels fall there is also an increasing willingness to negotiate non tariff measures, including foreign direct investment, procurement and trade facilitation. The latter looks at the transaction cost associated with meeting trade and customs procedures. traditionally agricultural interests are usually in favour of free trade while manufacturing sectors often support protectionism.This has changed somewhat in recent years, however. In fact, agricultural lobbies, particularly in the United States, Europe and Japan, are chiefly responsible for particular rules in the major international trade treaties which allow for more protectionist measures in agriculture than for most other goods and services. During recessions there is often strong domestic pressure to increase tariffs to protect domestic industries. This occurred around the world during the Great Depression leading to a collapse in world trade that many believe seriously deepened the depression.The regulation of international trade is done through the institution Trade Organization at the global level, and through several other regional arrangements such as MERCOSUR in South America, NAFTA between the United States, Canada and Mexico, and the European Union between 27 independent states. The 2005 Buenos Aires dialog on the planned establishment of the FTAA (Free Trade Area of the Americas) failed largely due to opposition from the populations of Latin American nations. Similar agreements such as the MAI (Multilateral Agreement on Investment) have also failed in recent years.Bibliography 1. Barriers to gate Coping with protectionism. UK Investment. 18 April 2007 http//www. ukinvest. gov. uk/10415/en_GB/0. pdf 2. Boone, L. , and Kurtz, D. Contemporary Marketing. New York Dryden Press. 2003 3. Brue, S. , a nd McConnell, C. economics. New York McGraw-Hill. 2003 4. Churchill, G. , and Peter, P. Marketing Creating Value for Customers. Austen Press. 2004 5. Czinkota, M. R. , and Ronkainen, I. A. International Marketing. New York Dryden Press. 2005 6. contender and Market Power.Econoclass Sources for Economics Teachers. 18 April 2007 http//www.econoclass. com/imperfectcompetition. html 7. Deardorff, Alan V. , and Robert M. Stern. Measurement of Nontariff Barriers Studies in International Economics. 2005 8. Debra Ann Skaradzinski. Testing chaotic kinetics via Lyapunov exponents. diary of Applied Econometrics 207, (2003) 911. 9. Fisher, Ronald, and Pablo Serra. Standards and Protection. Journal of International Economics 52 (2004) 377-400. 10. Farese, L. , Kimbrell, G. , and Woloszyk, C. Marketing Essentials. Mission Hills, CA Glencoe/McGraw-Hill. 2003 11. Henson, Spencer, and John S. Wilson, eds.The WTO and Technical Barriers toTrade, in the Critical Perspectives on the Global Trading System and the WTO series, Northampton, MA Edward Elgar make Ltd. 2005 12. Impact of Standards and Technical Regulations on Trade. Press Release from Commerce Ministry (2003). 18 April 2007 http//www. commerce. gov/opa/press/Secretary_Evans/2003_Releases/March/19_Standards. htm 13. Journal of Behavioral Finance, Vol. 4, No. 2, (2003) Pages 65-70 14. Kee, Hiau Looi, Alessandro Nicita, and Marcelo Olarreaga.Estimating Trade Restrictiveness Indices, World Bank Policy Research Working account 3840.2006 15. Kotler, P. , and Armstrong, G. Marketing An Introduction. Upper Saddle River, NJ Prentice-Hall. 2004 16. Methodologies, Classifications, Quantification and Development Impacts of Non-Tariff Barriers Note by the UNCTAD Secretariat, Document TD/B/COM. 1/EM. 27/2. (2004). 18 April 2007 http//www. unctad. org/TEMPLATES/meeting. asp? intItemID=3411lang=1m=10489info=not 17.Non-tariff Barriers Centre for Rural Agricultural Development (2003). 18 April 2007 www. econ. iastate. edu/ look for/webpapers/paper_12703. pdf 18. RSIE Working Papers. University of Michigan.(2005). 18 April 2007 http//www. fordschool. umich. edu/rsie/workingpapers/wp. html 19. The Impact of Regulations on Agricultural Trade.Working Paper, Centre dEtudes Prospectives et dInformations Internationales, Paris. (2003). 18 April 2007 www. econ. iastate. edu/research/webpapers/paper_12703. pdf 20. Trade, Environment and Development. United Nations Conference on Trade and Development (UNCTAD). (2005). 18 April 2007 www. unctad. org/trade_env/ 21. Vousden, Neil. The Economics of Trade Protection. Cambridge, UK Cambridge University Press. 2005.

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