PPT-4.4 The Role of International Trade

The Role of International Trade Barriers explain Narrow range of products overspecialisation Volatile prices of primary products Lack of access to international markets Over. INDUSTRY. THE IMPORTANCE AND BENEFITS OF ADOPTING STANDARDS. BY: AMRAN SAMEON. DIRECTOR OF TRADE FACILITATION & TECHNOLOGY. MITI. 2. . OVERVIEW. Background. Development of standards. Importance of standards. What can the G20 do?. Mark Thirlwell. Director, International Economy Program. Two key trade commitments. Standstill on protectionism. Complete the Doha Round. The standstill. “We underscore the critical importance of rejecting protectionism and not turning inward in times of financial uncertainty. In this regard, within the next 12 months, we will refrain from raising new barriers to investment or to trade in goods and services, imposing new export restrictions, or implementing World Trade Organization (WTO) inconsistent measures to simulate exports.”. BBI2O. Protectionism. When the government imposes policies designed to protect domestic producers by giving them an advantage over foreign imports. Ex: Tariffs, Quotas. Tariffs. An import tax on foreign goods. -Theory . has until recently emphasized . gains. -Now . new models stress potential . losses. -. In . the . end, the . issue is an empirical . question. Anti-globalization critics are often not opposed to trade; rather they are opposed to some of the international rules that govern trade, and many suggest that there is not enough trade. Learning Outcomes. A* . - I will . explain . the key role of trade blocs and political players in globalisation. . I will . evaluate. the r. ole of two trade blocs and . assess. their significance. . Junhui Qian, 2018. Content. Overview of international trade and investment. Issues. Value-added . v.s. . gross . value. Chinese export as a supply shock. Chinese import as a demand shock. Merchandise Trade. Impacts of export lead growth in China. Poverty headcount ratio at $1.90/day (% of pop). 1990. 2014. 66.6%. 1.4%. Life expectancy at birth. 1968. 2016. 55.8 years. 76 years. Improved sanitation. 1990. The . action . of buying . and selling . goods . and services. .. A . basic economic concept that involves multiple parties participating in the voluntary negotiation and then the exchange of one's goods and services for desired goods and services that someone else possesses. . A – International Trade. B – Trade Facilitation. C – Global Trade Flows. A – International Trade. International Trade: A Definition. Read part 1 (The Flows of Globalization). International Trade. International Trade Chapter 5 THIRD EDITION ECONOMICS and MACROECONOMICS Paul Krugman | Robin Wells How comparative advantage leads to mutually beneficial international trade The sources of international comparative advantage “Protecting your brand”. Trade Mark (TM) . – (Brand) a sign that is graphically represented and . i. dentifies and distinguishes the goods and services of one business from those of another.. . High-Level Segment. Removing regulatory and procedural barriers to trade in the Republic of Albania. Geneva, Switzerland, 26 May 2016. General Directorate of Customs . Ongoing Efforts and Future Plans . Data, Models and Research. Dominique van der Mensbrugghe. Center for Global Trade Analysis. Presentation for the Mandela Washington Fellows. Leadership in Business Institute. Purdue University, 5-July-2022. UN Statistics Division. IMTS Workshop, Fiji, 2022. Revision of Manuals on International Trade Statistics. Overview. Manuals on international trade statistics. Task Team on International Trade Statistics.