+ 1-888-787-5890  
   + 1-302-351-4405  

Essay/Term paper: Advantages of technology in internation trade

Essay, term paper, research paper:  Economics

Free essays available online are good but they will not follow the guidelines of your particular writing assignment. If you need a custom term paper on Economics: Advantages Of Technology In Internation Trade, you can hire a professional writer here to write you a high quality authentic essay. While free essays can be traced by Turnitin (plagiarism detection program), our custom written essays will pass any plagiarism test. Our writing service will save you time and grade.

Advantages of Technology in Internation Trade

Technology plays a major role in international trade. Databases,
overnight delivery and faxes have opened the world market to not only larger
companies but small ones too. To add to this globalization, companies and even
competitors are combining and forming alliances to cut cost and increase the
profit margin. Chrysler, General Motors and Ford have formed an alliance in
research and development to avoid duplication. These alliances are not only
with domestic companies but they also go over national lines. Companies are
pushing for integration of the world economy in hope for increased profits and
governments are beginning to listen.
Since 1986 (GATT) General Agreement on Tariffs and Trade have taken the
incitive to move towards the liberalization of international trade. GATT
members agreed to reduce tariff and non-tariff trade barriers. From 1986 to the
present due to GATT's lead many markets have been open to the United States
increasing exports and increasing efficiency through competition.
One of the most aggressive liberalization groups to follow GATT's lead
is APEC (Asian Pacific Economic Community). APEC consist of 18 countries that
account for 1/2 of the worlds output. The three largest economies Japan, China
and the United States are members. APEC leaders are committed to achieving free
and open trade for the region by 2010. APEC is moving towards this goal through
many means including accelerating initial Japanese tariff cuts by 50%. China
will also cut a number of tariffs by 30%. Indonesia and other APEC members are
also reducing tariffs sharply. What sets APEX at the head of the pack leading
liberalization is it wiliness to extend benefits of membership to everyone.
APEX is willing to extend the benefits of cuts in tariff and non-tariff barriers
to all countries willing to make comparable cuts. This is a major incentive for
all countries because the Pacific Rim is the fastest growing market in the world
and large profits are to be made there.
To put these cut in trade barriers in perspective lets look at the
company Chrysler. Chrysler is introducing a right handed drive version of the
neon subcompact to the Japanese consumer. Chrysler plans to sell 4,000 units at
their 200 show rooms. They are hoping for even more success with the right
handed versions of the Voyager and Wrangler which they plan to introduce next
year. With Japanese subsidizes on exports which lead to a high price on
Japanese domestic goods, Chrysler should be very competitive.
Liberalism in trade, though progressive vary a lot with area. The
European Union consisting of the countries of western Europe have established a
free trade zone between themselves but those areas outside the union deal with
the same old trade barriers. Tariffs on sensitive goods still remain.
Sensitive goods range from agriculture and raw materials to footwear and
furniture. These practices may seem unfair but the union is beginning to open
up trade with Eastern Europe, the Mediterranean and hopefully they will take the
APEX incentive to open thier market. If not we have policies that we can follow
to force free trade.
The United States is in a unique position in the world economy being the
largest consumer nation and also a major exporter. The U.S. can use the threat
of trade sanctions to open up closed markets and even change countries policies.
An example of this is the U.S. threat to use trade sanctions towards China.
China has a booming industry pirating U.S. films and music. This industry cost
the U.S. billions. The threat of trade sanctions forced China to crack down on
these pirating industries.
The world is moving towards the liberalization of international trade.
Large economic communities are being formed to make trade more profitable for
everyone involved. The APEC initiative takes this even farther with plans to
incorporate the whole world into a free trade area, thus making the entire world
more efficient and goods less costly.


Other sample model essays:

Economics / Affirmative Action
Affirmative Action The term affirmative action is applied to the use of racial, ethnic, or gendr prefrences set apart a variety of social benefits. The groups receiving such benifits, such as...
America Online To Unveil Flat Fee For Internet Access The Internet is becoming more popular and more widely used, and the Market for internet access is growing rapidly. To stay competi...
Economics: The American Government Most of the problems of the United states are related to the economy. One of the major issues facing the country today is social security. The United Stat...
Poverty and Welfare Today it seems as if everyone has a theory about fighting poverty, now it is not necessary to be moving in the theoretical plane. Our country has had successful...
A Role of Ethics and Social Responsibilities in Management. Ethics can be defined as a process of evaluating actions according to moral principal of values(A.Alhemoud). Throughout the centu...
Economics / Australia
Australia INTRODUCTION Australia, island continent located southeast of Asia and forming, with the nearby island of Tasmania, the commenwealth of Australia, a self governing member of the ...
The Advantages and Disadvantages of Incorporating a Business In order to mention all the advantages and disadvantages of incorporating a business, first I should try to explain what a corpo...
Bill Clinton - Redefines Democratic-Republican In the early 1800's, the United States was but a promising seedling in search of viable political direction. The initial parties were known as t...
Burger King and Its Advertising Campaigns Burger King is a reliable burger company which has had its ups and downs. In 1974, it came out with a slogan of "Have it your way" and at this tim...
Crime and the Black Market in Modern Day China With a population of approximately 1,203,097,268 people , China, who has the world's largest population, also has the world's fastest growing ...
Experience with Dream Essay - Reliable and great customer service. Quality of work - High quality of work.
, ,
Dream Essay - Very reliable and great customer service. Encourage other to try their service. Writer 91463 - Provided a well written Annotated Bibliography with great deal of detail per th
, ,
it is always perfect
, ,
The experience with Dream Essay is stress free. Service is excellent and forms various forms of communication all help with customer service. Dream Essay is customer oriented. Writer 17663
, ,
Only competent & proven writers
Original writing — no plagiarism
Our papers are never resold or reused, period
Satisfaction guarantee — free unlimited revisions
Client-friendly money back guarantee
Total confidentiality & privacy
Guaranteed deadlines
Live Chat & 24/7 customer support
All academic and professional subjects
All difficulty levels
12pt Times New Roman font, double spaced, 1 inch margins
The fastest turnaround in the industry
Fully documented research — free bibliography guaranteed
Fax (additional info): 866-332-0244
Fax (additional info): 866-308-7123
Live Chat Support
Need order related assistance?—Click here to submit a inquiry
© Dreamessays.com. All Rights Reserved.
Dreamessays.com is the property of MEDIATECH LTD