Trade Essays

Employee Grievances

In industrial context the word grievance is used in industrial context to designate claims by workers of a Trade Union concerning their individual or collective rights under an applicable collective agreement, individual contract of employment, law, regulations, work rules, custom or usage. Such claims involve questions relating to the interpretation or application of the rules. The term “Grievance” is used in countries to designate this type of claim, while in some other countries reference is made to disputes over “right”…

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Import and Export

Physical Exports: If the goods physically go out of the country or services are rendered outside the country then it is called as physical export. Deemed Exports: Where the goods do not go out of the country physically they can be termed as deemed exports. This will be subject to certain conditions as prescribed by the DGFT. Under Deemed Exports, the goods may be supplied to the manufacturer exporter who ultimately export a finished product of which this supply forms…

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Protectionism and Its Impacts

The issue of adequate trade protection—or the lack of it—has remained a significant point of debate for majority of Americans. Drezner (2004), for instance, points to the resurgence of protectionist sentiments among U.S. citizens in light of the outsourcing phenomenon wherein Americans feared lossing their jobs to offshore counterparts. Scheve and Slaughter (2001) also note that there has been a general climate disillusionment in the U.S. with trade liberalization “amid poor real and relative wage performance” among less-skilled American workers…

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Black & Decker Case Study

In this case, Black & Decker Corporation (B&D) is facing a major challenge in the power tools market. The industry is segmented into three categories; Consumer, Professional-Industrial, and Professional-Tradesmen, and while B&D holds the biggest market share in the Consumer segment, they are trailing far behind in the Professional-Tradesmen segment, with a meager 9% market share. Though this is a growing market segment, B&D is barely making any profits from it, and a new strategy is needed if they are…

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Trade Liberalization

Trade is very critical in any country as it ensures that although countries have different production capabilities they can acquire all types of goods. Different capabilities arise due to the fact that different countries have different natural resources, educational capabilities, varying physical capital as well as the technological knowledge. Trade liberalization entails the reduction of limitations on trade across countries. Artificial barriers as well as other forms of distortions are reduced. (Alvarado S and Morici P, 1992, 59). Protectionism is…

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Trade Secret

As defined by R. Mark Halligan, (n.d.), trade secrets refers to any information, tangible or otherwise, and stored in any manner, which the owner exercises “reasonable measures” to keep secret, because their value reside from their being kept secret from the public. (The Economic Espionage Act of 1996: The Theft of Trade Secrets is now a Federal Crime. Para. 4. Retrieved December 12, 2006 from: http://my.execpc.com/~mhallign/crime.html)  The Economic Espionage Act of 1996 makes theft of such trade secrets a federal…

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Tradeblocks Case

Small business owners today are facing more hardship than ever before.  Internet commerce and regional trade blocs are the two main culprits.  Regional trade blocs combine company interests and are many time created by a nation, along with their neighboring nations, in order to compete more effectively in the global market.  Another reason for the formation of these blocs can also be so be to enable the involved nations in their efforts to impose more substantial sanctions against nations with…

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Nicaraguan Cocoa Trade

Cocoa has been an important part of Mesoamerican life for more than a thousand years. It began as a sacred, ceremonial food until the discovery of the Americas by the Europeans. From that time to today cocoa has been a booming commodity locally and more importantly, in the worldwide marketplace. (Somarriba, 2009) However, Nicaragua struggles to capture a big portion of the international market, although cocoa from that region is generally accepted as very high quality. In the late 1970’s…

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Trade Off Pecking Order

The trade-off theory is derived from the debate over the Modigliani-Miller theorem. Modigliani-Miller (1963) accounts for corporate income tax into their original theorem. This created a benefit for using debt as it shields taxable income. They argue that corporate tax allows for the deduction of interest payments in calculating taxable income. As a result, the use of debt will increase the firm’s after-tax cash flow. This means that profitable firms should use debt to shield their income from tax. This…

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Free Trades Impact on the Workforce

Liberalization in trading policy enables ease of flow in trading goods between different nations or state by removing heavy impositions in the economic policies on restrictive world trading or commerce. Free trade’s policy to strengthen world market includes tariff reduction, non-restrictive quota, labor and capital movement across and within states, open markets, reduced restrictive international policy, tax reduction, and related issues. Free trade complies with the ideology of comparative advantage by Ricardo, which places all members of the free trade…

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How and why Did Labor Unions Start

Essentially, labor unions are associations of workers who are banded together for the purpose of improving their employment conditions and protecting themselves and their coworkers from economic and legal exploitation. Members of labor unions engage in collective bargaining with their employers, as well as general political activism. Labor unions are almost as old as America itself. Although primitive unions of carpenters and other tradespeople made an appearance in various cities in colonial America, the first national labor unions gained strength…

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Indian Ocean Region

Change and Continuity of Commerce in the Indian Ocean Region from 650 CE to 1750 CE. The Indian Ocean has always been a powerful trading region, between East Africa and China, that has caused religion, crops, languages, and people to spread. Through the rise and fall of powerful land and sea empires, trade routes shifted and control switched hands numerous times over history. The goods have remained fairly constant, compared to the traders and the powers behind them that changed…

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Trade Unions in Bangladesh

Trade unions in bangladesh and its impact Presentation Transcript • 1. TRADE UNIONS IN BANGLADESH AND ITS IMPACTSubmitted By:Md. Omar Faruq Chowdhury -045 12601 Submission Date: 28th November 2012 1 • 2. Contentsa. Definitionb. Causes of organizing trade unionsc. Objectivesd. History of Trade Unionse. Limitationsf. Positive impactsg. Negative impacts:h. Present Scenarioi. Suggestionsj. Conclusion 2 • 3. Definition-Trade Union is an organization of workers who have banded together to achieve commongoals such as protecting the integrity of its trade, achieving higher…

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Energy Resources

Trade – offs for the energy resources Large scale hydroelectric power This taps the abundant energy resource presented to humanity by Nature in the form of water streams flowing under potential energy gradient presented by natural topography. This energy resource is practically free, practically renewable and exploiting this form of energy hurts the environs to the minimal extent. We can term it as green energy. This form of energy is very advantageous of economic development in remote and hilly terrain,…

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Reliance Life Insurance Project

Many people take to trading in the mistaken belief that it is the simplest way of making money. Far from it, I believe it is the easiest way of losing money. There is an old Wall Street adage, that “the easiest way of making a small fortune in the markets is having a large fortune”. This game is by no means for the faint hearted. And, this battle is not won or lost during trading hours but before the markets…

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