Negotiating services liberalization within TTIP : The EU external trade policy at crossroads

NARCIS (Netherlands)

Delimatsis, Panagiotis

2016-01-01

The conclusion of the Transatlantic Trade and Investment Partnership (TTIP) constitutes a priority and key component of the new external trade policy of the European Union (EU) and an immediate follow-up to several years of regulatory cooperation between the two global trade powers. In an era of

Performance of African Agricultural Exports and External Market Access Conditions under International Trade Reforms

OpenAIRE

Nyangito, Hezron Omare

2004-01-01

Sub Saharan African agriculture is currently facing challenges in international trade with respect to external market access conditions and competition in world markets as a result of trade liberalization efforts under the world trade organization (WTO) agreements and in particular the agreement on agriculture (AoA). This paper presents the performance of agricultural exports for selected countries and indicates external market barriers faced and the resulting implications of the barriers on ...

SUSTAINABLE ECONOMIC GROWTH THROUGH EXTERNAL TRADE

Directory of Open Access Journals (Sweden)

Valentina Vasile

2016-12-01

Full Text Available A country’s economic growth is directly influenced by the external trade activity, which is considered by the majority of economists as one of the main engines of a country. How international trade can contributes to a sustainable development of a country depends broadly on the economic policies as well as on global and regional strategies to support the actions for this objective. The high level political meeting of United Nations Organization’s Member States in September 2015 has as aim the adoption of 2030 Agenda for Sustainable Development, which includes global economic, social and environmental goals. Any strategy or global policy influences, of course, in a direct way the international trade activities, by how these measures affect or determine relations between states to achieve the sustainable development objectives. Being involved in all sectors of economic and social life to achieve these noble goals, foreign trade is of course on the list of key areas as well as on the list of the domains being influenced by the global strategy adopted in the framework of the largest summit of its kind in the history of the United Nations. The aim of this paper is to provide an overview of external trade activity of Romania, taking into account the characteristics of companies involved in exports and imports of goods in Romania as well as to identify the key areas to be further developed for a sustainable development of national economy based on export activity. Romania's sustainable development can be achieved in the medium and long term by complementary and converging actions such as increased expenditure on research and development field, attracting as a priority the Greenfield investments, increasing productivity of national capital (human, natural, technological or ensure the efficiency at microeconomic and macroeconomic level. Increasing the share of products and activities using a small amount of energy and material resources but which

Trade Remedies: A Primer

National Research Council Canada - National Science Library

Jones, Vivian C

2008-01-01

....) authorize the imposition of duties if (1) the International Trade Administration (ITA) of the Department of Commerce determines that foreign merchandise is being, or likely to be sold in the United States at less than fair value, and (2) the U.S...

Trade Remedies: A Primer

National Research Council Canada - National Science Library

Jones, Vivian C

2007-01-01

....) authorize the imposition of duties if (1) the International Trade Administration (ITA) of the Department of Commerce determines that foreign merchandise is being, or likely to be sold in the United States at less than fair value, and (2) the U.S...

19 CFR 123.31 - Merchandise in transit.

Science.gov (United States)

2010-04-01

... 19 Customs Duties 1 2010-04-01 2010-04-01 false Merchandise in transit. 123.31 Section 123.31... TREASURY CUSTOMS RELATIONS WITH CANADA AND MEXICO Shipments in Transit Through the United States § 123.31 Merchandise in transit. (a) From one contiguous country to another. Merchandise may be transported in transit...

19 CFR 123.21 - Merchandise in transit.

Science.gov (United States)

2010-04-01

... 19 Customs Duties 1 2010-04-01 2010-04-01 false Merchandise in transit. 123.21 Section 123.21... TREASURY CUSTOMS RELATIONS WITH CANADA AND MEXICO Shipments in Transit Through Canada or Mexico § 123.21 Merchandise in transit. (a) Status. Merchandise may be transported from one port to another in the United...

Trade Performance and Potential of the Philippines: An Application of Stochastic Frontier Gravity Model

OpenAIRE

Deluna, Roperto Jr

2013-01-01

This study was conducted to investigate the issue of what Philippine merchandise trade flows would be if countries operated at the frontier of the gravity model. The study sought to estimate the coefficients of the gravity model. The estimated coefficients were used to estimate merchandise export potentials and technical efficiency of each country in the sample and these were also aggregated to measure impact of country groups, RTAs and inter-regional trading agreements. Result of the ...

International Trade: Rules of Origin

National Research Council Canada - National Science Library

Jones, Vivian C; Martin, Michael F

2008-01-01

...), used to determine the country of origin of merchandise entering the U.S. market, can be very simple, noncontroversial tools of international trade as long as all of the parts of a product are manufactured and assembled primarily in one country...

THE ROMANIAN EXTERNAL TRADE IN LIVE ANIMALS AND ANIMAL PRODUCTS

Directory of Open Access Journals (Sweden)

Ionela MiĠuko VLAD

2012-01-01

Full Text Available In terms of foreign trade, in Romania there were some major changes over the past 20 years. In this paper we have focused on the Romanian external trade. The products which have been taken into account were live animals and animal products. Thus, we have made an analyse on the Romanian imports and exports at the global level and at the European level. Focused on the animal products, on the global level, there were registered major differences during the first seven years in the analysed period. Breaking by branches, we have pointed out huge distinctions between imports and exports, where the balance of trade was completely negative. Meanwhile, to have a good view on the international trade there were made links, based on some indexes between imports, exports, GDP and investments.

Financing the U.S. Trade Deficit

National Research Council Canada - National Science Library

Jackson, James K

2007-01-01

The U.S. merchandise trade deficit is a part of the overall U.S. balance of payments, a summary statement of all economic transactions between the residents of the United States and the rest of the world, during a given period of time...

Fashion Merchandising. Marketing and Distributive Education.

Science.gov (United States)

Robertson, Horace C.; And Others

This curriculum guide was developed to be used as a resource guide to assist marketing and distributive education teachers in planning and teaching a course in fashion merchandising. First, an introductory section is devoted to the management of the fashion merchandising curriculum, including information on the guide's background, units of…

The Effect of International Trade on Rule of Law

Directory of Open Access Journals (Sweden)

Junsok Yang

2013-03-01

Full Text Available In this paper, we look at the relationship between international trade and the rule of law, using the World Justice Project Rule of Law Index, which include index figures on human rights, limits on government powers, transparency and regulatory efficiency. Based on regression analyses using the rule of law index figures and international trade figures (merchandise trade, service trade, exports and importsIn this paper, we look at the relationship between international trade and the rule of law, using the World Justice Project Rule of Law Index, which include index figures on human rights, limits on government powers, transparency and regulatory efficiency. Based on regression analyses using the rule of law index figures and international trade figures (merchandise trade, service trade, exports and imports as percentage of GDP, international trade and basic human rights seem to have little relationship; but trade has a close positive relationship with strong order and security. Somewhat surprisingly, regulatory transparency and effective implementation seems to have little or no effect on international trade and vice versa. International trade shows a clear positive relationship with the country’s criminal justice system, but the relationship with the civil justice system is not as clear as such. For regulatory implementation and civil justice, services trade positively affect these institutions, but these institutions in turn affect exports more strongly than services trade. Finally, the effect of trade on rule of law is stronger on a medium to long term (10-20 year time horizon.

19 CFR 144.1 - Merchandise eligible for warehousing.

Science.gov (United States)

2010-04-01

... may be entered for warehousing except for perishable merchandise and explosive substances (other than firecrackers). Dangerous and highly flammable merchandise, though not classified as explosive, shall not be...

Spatial Welfare Economics versus Ecological Footprint: Modeling Agglomeration, Externalities and Trade

NARCIS (Netherlands)

Grazi, F.; van den Bergh, J.C.J.M.; Rietveld, P.

2007-01-01

A welfare framework for the analysis of the spatial dimensions of sustainability is developed. It covers agglomeration effects, interregional trade, negative environmental externalities, and various land use categories. The model is used to compare rankings of spatial configurations according to

Merchandising. Michigan School Food Service Training Manual.

Science.gov (United States)

Michigan State Univ., East Lansing. Cooperative Extension Service.

The Merchandising Food Service Training Manual contains 12 lessons and 2 appendixes. Class activities and handouts are interspersed among techniques for selling and merchandising meals, information about life value roles and how food participants may improve public images, material about customers' backgrounds and attitudes, methods of competitors…

An application of seasonal ARIMA models on group commodities to forecast Philippine merchandise exports performance

Science.gov (United States)

Natividad, Gina May R.; Cawiding, Olive R.; Addawe, Rizavel C.

2017-11-01

The increase in the merchandise exports of the country offers information about the Philippines' trading role within the global economy. Merchandise exports statistics are used to monitor the country's overall production that is consumed overseas. This paper investigates the comparison between two models obtained by a) clustering the commodity groups into two based on its proportional contribution to the total exports, and b) treating only the total exports. Different seasonal autoregressive integrated moving average (SARIMA) models were then developed for the clustered commodities and for the total exports based on the monthly merchandise exports of the Philippines from 2011 to 2016. The data set used in this study was retrieved from the Philippine Statistics Authority (PSA) which is the central statistical authority in the country responsible for primary data collection. A test for significance of the difference between means at 0.05 level of significance was then performed on the forecasts produced. The result indicates that there is a significant difference between the mean of the forecasts of the two models. Moreover, upon a comparison of the root mean square error (RMSE) and mean absolute error (MAE) of the models, it was found that the models used for the clustered groups outperform the model for the total exports.

U.S. international trade and freight transportation trends

Science.gov (United States)

2003-01-01

As the world's largest trading nation, the United States imports and exports more merchandise than any other country. The September 11, 2001, terrorist attacks exacerbated an economic slowdown already in progress, resulting in a marked decline in U.S...

The electronic-commerce-oriented virtual merchandise model

Science.gov (United States)

Fang, Xiaocui; Lu, Dongming

2004-03-01

Electronic commerce has been the trend of commerce activities. Providing with Virtual Reality interface, electronic commerce has better expressing capacity and interaction means. But most of the applications of virtual reality technology in EC, 3D model is only the appearance description of merchandises. There is almost no information concerned with commerce information and interaction information. This resulted in disjunction of virtual model and commerce information. So we present Electronic Commerce oriented Virtual Merchandise Model (ECVMM), which combined a model with commerce information, interaction information and figure information of virtual merchandise. ECVMM with abundant information provides better support to information obtainment and communication in electronic commerce.

Russian – Chinese Trade and Exchange Rate

Directory of Open Access Journals (Sweden)

Dmitry Alexandrovich Izotov

2012-09-01

Full Text Available The author assesses the impact of the Yuan exchange rate volatility on the indicators of the Russian-Chinese trade (the analysis is made on the ground of the statistical database CEIC. Quantitative estimates of changes in Russian-Chinese merchandise trade by commodity groups (in the HS classification due to the revaluation of the CNY against the USD were obtained via the regression analysis. In the case of the revaluation of the Yuan to the US dollar the value of Russian exports may increase for such commodity groups as mineral products, chemical industry products, base metals, precious stones and metals, and vehicles. This article shows that the value of Chinese imports will decrease for such merchandise groups as transport vehicles, machinery and equipment, leather industry products, non-precious metals and products from them; in this case, the import of the food industry products, mineral products and optical instruments will decrease insignificantly. The author concludes that the revaluation of the Yuan, contributing to the growth of Russian exports and the reduction in Chinese imports, will not cause a radical change in structure of the Russian-Chinese trade

EFEITO DOS FATORES DE MERCHANDISING NAS VENDAS DO VAREJO

Directory of Open Access Journals (Sweden)

Fabrício Rodrigues Feijó

2012-10-01

Full Text Available The studies of Mehrabian and Russell (1974, (researchers in the field of environmental psychology, have been instrumental in spreading the idea that the environmental features at the point of sale cause emotional reactions that lead to behavior that is hard to explain from a cognitive standpoint. For this reason, merchandising implementation plays a key role, since its aim is to provide an appropriate store atmosphere and display products in a way that encourages buying activity. This paper investigates the effects of merchandising factors on retail sales.The study was carried out in two types of stores: experimental – where merchandising factors were employed, and control - where the design features of merchandising remained unchanged.The analysis of the results confirmed the income effect. . The increase in revenue can be an indicator that merchandising factors have an influence on the consumer´s store choice criteria and his/her behavior within a determined sales environment.

ESSENTIALS OF MERCHANDISING, A SUGGESTED ADULT DISTRIBUTIVE EDUCATION COURSE OUTLINE.

Science.gov (United States)

MARKMAN, STANLEY

THIS OUTLINE FOR A COURSE IN THE ESSENTIALS OF MERCHANDISING IS DESIGNED FOR THE INEXPERIENCED RETAIL EMPLOYEE. THE COURSE IS PLANNED FOR SIX 2-HOUR SESSIONS ON (1) FUNDAMENTALS OF MERCHANDISING, (2) TERMINOLOGY AND MATHEMATICS OF MERCHANDISING, (3) BUYING POLICIES AND PRACTICES, (4) MARKET REPRESENTATIVES, (5) TERMS OF PURCHASE, INCLUDING…

Implementation of International Standards in Russia's Foreign Trade Statistics

Directory of Open Access Journals (Sweden)

Natalia E. Grigoruk

2015-01-01

Full Text Available The article analyzes the basic documents of international organizations in recent years, which have become the global standard for the development and improvement of statistics of foreign economic relations of most countries, including the Russian Federation. The article describes the key features of the theory and practice of modern foreign trade statistics in Russia and abroad, with an emphasis on the methodological problems of its main parts - the external trade statistics. It shows their interpretation in the most recent recommendations by UN statistical apparatus and other international organizations; considers a range of problems associated with the implementation of the national statistical practices of countries, including Russia and the countries of the Customs Union, the main international standard of foreign trade statistics - UN document "International Merchandise Trade Statistics". The main attention is paid to methodological issues such as: the criteria for selecting the objects of statistical accounting in accordance with international standards, quantitative and cost parameters of foreign trade statistics, statistical methods and estimates of commodity exports and imports, the problems of comparability of data; to a comparison of international standards in 2010 with documents on key precursor methodology of foreign trade statistics, characterized by the practice of introducing these standards in the foreign trade statistics of Russia and the countries of the Customs Union. The article analyzes the content given in the official statistical manuals of Russia foreign trade and foreign countries, covers the main methodological problems of World Trade in conjunction with the major current international statistical standards - System of National Accounts, Manual on Statistics of International Trade in Services and other documents; provides specific data describing the current structure of Russian foreign trade and especially its

Diseño de un sistema de procedimientos administrativos, financieros y contables, para el cumplimiento de las obligaciones tributarias en las actividades de importación y exportación de mercaderías en el Ecuador

OpenAIRE

Llumipanta Castro, Claudia Gabriela; Ortega López, Viviana Elizabeth

2013-01-01

This degree work presents an administrative, financial and accounting analysis for the tax obligations compliance on import and export of merchandise in Ecuador. Exports are defined as merchandise outlet from Ecuador to foreign countries, they are the main item that cause income dollars from foreign. Imports are explained as merchandise entrance from foreign to Ecuador, they are means foreign exchange outlet. For a company or individual can execute external trade, they have to acquainte...

Fashion Merchandising Guide.

Science.gov (United States)

North Carolina State Dept. of Public Instruction, Raleigh. Div. of Vocational Education Services.

Developed to address the needs of the apparel industry, this fashion merchandising curriculum guide is designed to assist marketing educators in effective instructional delivery. Introductory materials include the following: a course blueprint that illustrates units of instruction, core competencies in each unit, and specific objectives for each…

The evolution of the EU external trade policy in services - CETA, TTIP, and TiSA after Brexit

NARCIS (Netherlands)

Delimatsis, Panagiotis

2017-01-01

The conclusion of the Transatlantic Trade and Investment Partnership (TTIP) constitutes a priority and key component of the external trade policy of the European Union (EU). It is also an immediate follow-up to several years of regulatory cooperation between the two global trade powers. In an era of

Externalities, Border Trade and Illegal Production: An Optimal Tax Approach to Alcohol Policy

OpenAIRE

Aronsson, Thomas; Sjögren, Tomas

2005-01-01

This paper deals with optimal income and commodity taxation in an economy, where alcohol is an externality-generating consumption good. In our model, alcohol can be bought domestically, imported (via border trade) or produced illegally. Border trade implies an incentive to set the domestic alcohol tax below the marginal social damage of alcohol, and to tax (subsidize) commodities which are complementary with (substitutable for) alcohol. In addition, since leisure and alcohol consumption are g...

Encouraging Learning of Industry Technology: A Merchandising Example

Science.gov (United States)

Reilly, Andrew; Huss, Megan; Stoel, Leslie

2005-01-01

The application of the technology acceptance model to a merchandising course teaching industry software was evaluated. Based on technology acceptance research, industry software was presented emphasizing ease-of-use and usefulness. The final course project gave students a quasi real-life experience of combining merchandising skills with the…

Merchandising's Evolving Role in Family and Consumer Sciences

Science.gov (United States)

Sullivan, Pauline; Collier, Billie J.; Goldsmith, Elizabeth B.

2011-01-01

Merchandising and consumer economics traditionally have been part of family and consumer sciences (FCS) within the ecosystems framework. The purpose of this article is to examine progress of this sub-system within FCS. Specifically, the authors explore the relevance of the systems approach for merchandising programs and conclude that this model is…

Fashion merchandising a jeho aplikace ve vybrané firmě

OpenAIRE

Bechiňová, Markéta

2009-01-01

The thesis is divided into two parts. The firts part deals with theoretical description of fashion merchandising, including specification of visual merchandising, sensoring merchandising and other aspects of shopping environment. The second part is dedicated to description of practical application of those principles in a selected shop of an international fashion retailer.

Evaluation of Computer Simulations for Teaching Apparel Merchandising Concepts.

Science.gov (United States)

Jolly, Laura D.; Sisler, Grovalynn

1988-01-01

The study developed and evaluated computer simulations for teaching apparel merchandising concepts. Evaluation results indicated that teaching method (computer simulation versus case study) does not significantly affect cognitive learning. Student attitudes varied, however, according to topic (profitable merchandising analysis versus retailing…

7 CFR 800.25 - Required elevator and merchandising records.

Science.gov (United States)

2010-01-01

... 7 Agriculture 7 2010-01-01 2010-01-01 false Required elevator and merchandising records. 800.25 Section 800.25 Agriculture Regulations of the Department of Agriculture (Continued) GRAIN INSPECTION... REGULATIONS Recordkeeping and Access to Facilities § 800.25 Required elevator and merchandising records. (a...

Manufacturing and Merchandising Careers

Science.gov (United States)

Ryan, Peter J.; And Others

1977-01-01

Anyone with a flair for business, product development, or promotion might consider a manufacturing or merchandising occupation. The music industry offers many career opportunities for administrators, salespersons, marketing specialists--the record industry offers positions from promotion manager to rack jobber. Describes instrument company…

19 CFR 191.152 - Merchandise released from Customs custody.

Science.gov (United States)

2010-04-01

... 19 Customs Duties 2 2010-04-01 2010-04-01 false Merchandise released from Customs custody. 191.152 Section 191.152 Customs Duties U.S. CUSTOMS AND BORDER PROTECTION, DEPARTMENT OF HOMELAND SECURITY; DEPARTMENT OF THE TREASURY (CONTINUED) DRAWBACK Merchandise Exported From Continuous Customs Custody § 191...

27 CFR 6.101 - Merchandise.

Science.gov (United States)

2010-04-01

... member, who is also in business as a bona fide producer or vendor of other merchandise (for example..., fixtures, signs, glassware, supplies, services, and advertising specialties to retailers does not...

Quantifying Third-Party Impacts and Environmental Externalities from a Cap-And-Trade System for Groundwater Management

Science.gov (United States)

Khan, H. F.; Yang, Y. C. E.; Brown, C.

2016-12-01

Economic decision models, such as the cap-and-trade system, have been shown to be useful in the context of groundwater management. A uniformly applied cap-and-trade system can however result in significant spatially and temporally varying hydrogeologic impacts that reduce public welfare. Hydrological challenges associated with the cap-and-trade system for groundwater management include establishing appropriate system boundaries, setting system-wide sustainable yield and limiting third party impacts from extractions. Given these challenges, these economic models need to be supplemented with physically based hydrogeologic models that are able to represent the spatial and temporal heterogeneity in conditions across a region. This investigation assesses third-party impacts and environmental externalities resulting from a cap-and-trade system in a sub-basin of the Republican River Basin, overlying the Ogallala aquifer in the High Plains of the United States. The economic model is coupled with a calibrated physically based groundwater model. The cap-and-trade system is developed using a multi-agent system model where individual benefits of each self-interested agent are maximized subject to bounds on irrigation requirements and water use permits. We then compare the performance of the cap-and-trade system with a smart groundwater market which, in addition to a cap on total groundwater extraction, also incorporates streamflow constraints. The results quantify third-party impacts and environmental externalities resulting from uncontrolled trading. This analysis demonstrates the value added by a well-designed cap-and-trade system able to account for basin-wide heterogeneity in hydrogeologic and ecological conditions by establishing trading limits, managing inter-area transfers and setting exchange rates for permit trading.

Visual merchandising displays: the fashion retailer’s competitive edge?

Directory of Open Access Journals (Sweden)

Elsa C. Nell

2015-10-01

Full Text Available Visual merchandising has been called the silent salesman and retailers will be wise to use this silent salesman to enhance their total offering. This makes the in-store environment the perfect tool for fashion retailers to create a competitive advantage that other retailers might not have. The main research objective of this study was to explore if visual merchandising displays can be utilised to create a competitive advantage in fashion retail stores. A secondary objective was to explore the effect that visual merchandising displays have on a fashion retailer’s retail image. Qualitative research was performed by means of focus groups and the respondents were selected by means of purposive sampling. Thereafter, the data was analysed using thematic analysis. The results indicated that visual merchandising displays not only influence store image by communicating product quality and store character, but that they also create a purchasing environment that encourages impulse buying.

31 CFR 515.803 - Customs procedures; merchandise specified in § 515.204.

Science.gov (United States)

2010-07-01

... 31 Money and Finance: Treasury 3 2010-07-01 2010-07-01 false Customs procedures; merchandise... CONTROL REGULATIONS Procedures § 515.803 Customs procedures; merchandise specified in § 515.204. (a) With... thereto) whether or not such merchandise has been imported into the United States, collectors of customs...

Mountain Plains Learning Experience Guide: Marketing. Course: Visual Merchandising.

Science.gov (United States)

Preston, T.; Egan, B.

One of thirteen individualized courses included in a marketing curriculum, this course covers the steps to be followed in planning, constructing, and evaluating the effectiveness of merchandise displays. The course is comprised of one unit, General Merchandise Displays. The unit begins with a Unit Learning Experience Guide that gives directions…

Merchandising segmentu dekorativní kosmetiky u vybrané mezinárodní značky

OpenAIRE

Vyskočilová, Marie

2009-01-01

This diploma thesis deals with merchandising. Merchandising is a new discipline achieveing a high development potential and being more and more important in the competitive business environment. The teorethical part describes the basic concepts of the merchandising, its definitions, types and possible merchandising strategies. The practical part explains and shows whole merchandising process of the make up merchandising on a real examples from the chosen international company.

The Impact of Visual Merchandising on Consumer Impulse Buying Behavior

Directory of Open Access Journals (Sweden)

Khurram L. Bhatti

2014-05-01

Full Text Available In present Post-Modern Era, the competitive situation in the business is characterized by a cut throat competition, which subsequently results in companies and retailers to pay almost anything for undifferentiated merchandising. This merchandising tool is being used by today’s retailer to distinguish him from other competitors, to be prominent in the market and become a source of attraction for the customers. A few researchers contribute in this field by exploring the reasons which causes the customers impulsive buying, but still there is more to be determined. Purpose of this study is to identify the relation between the consumer impulsive buying and visual merchandising on buying behavior of customers. This study was based on primary data in the form of a questioner. A total of 350 questioners were floated in different consumer outlets (super marts and self-service stores of Rawalpindi, Pakistan out of which 344 questioners were completed and received. Defined four hypotheses were window display, forum display, floor merchandising and shop brand name. These hypotheses were tested for regression analysis by using Statistical Packages for Social Sciences (SPSS software. It was found that window display, forum display, floor merchandising and shop brand name (independent variables are significantly associated to consumer impulse buying behavior (dependent variable. Hence, forum display is negatively related to consumer impulse buying and window display; however, floor merchandising and shop brand name are positively related to consumer impulse buying behavior.

Merchandising Techniques and Libraries.

Science.gov (United States)

Green, Sylvie A.

1981-01-01

Proposes that libraries employ modern booksellers' merchandising techniques to improve circulation of library materials. Using displays in various ways, the methods and reasons for weeding out books, replacing worn book jackets, and selecting new books are discussed. Suggestions for learning how to market and 11 references are provided. (RBF)

Merchandising of cigarettes in San Francisco pharmacies: 27 years later.

Science.gov (United States)

Eule, B; Sullivan, M K; Schroeder, S A; Hudmon, K S

2004-12-01

To estimate changes since 1976 in the proportion of San Francisco pharmacies that sell cigarettes and to characterise the advertising of cigarettes and the merchandising of non-prescription nicotine replacement therapy (NRT) products in these retail establishments. 100 randomly selected San Francisco pharmacies were visited in 2003. Pharmacies were characterised based on the sale of cigarettes, advertising for cigarettes, and the merchandising of non-prescription NRT products. In 2003, 61% of pharmacies sold cigarettes, a significant decrease compared to 89% of pharmacies selling cigarettes in 1976 (p merchandise the primary known risk factor for death in the USA.

Fashion Merchandising Curriculum Guide.

Science.gov (United States)

Winthrop Coll., Rock Hill, SC. School of Home Economics.

The curriculum guide (developed by the South Carolina Office of Vocational Education, the School of Home Economics of Winthrop College, business leaders, and distributive educators) is designed for the teaching of a one-year distributive education specialty program for 12th grade students interested in pursuing a career in fashion merchandising.…

19 CFR 191.184 - Merchandise transferred from continuous Customs custody.

Science.gov (United States)

2010-04-01

... 19 Customs Duties 2 2010-04-01 2010-04-01 false Merchandise transferred from continuous Customs custody. 191.184 Section 191.184 Customs Duties U.S. CUSTOMS AND BORDER PROTECTION, DEPARTMENT OF HOMELAND... From Customs Territory § 191.184 Merchandise transferred from continuous Customs custody. (a) Procedure...

19 CFR 146.23 - Accountability for merchandise in a zone.

Science.gov (United States)

2010-04-01

... 19 Customs Duties 2 2010-04-01 2010-04-01 false Accountability for merchandise in a zone. 146.23 Section 146.23 Customs Duties U.S. CUSTOMS AND BORDER PROTECTION, DEPARTMENT OF HOMELAND SECURITY....23 Accountability for merchandise in a zone. (a) Identification of merchandise—(1) General. A zone...

A study on Store Layout and its impact on Visual Merchandising in Retail Outlet

OpenAIRE

Dr. K. R. Mahalaxmi; R. Keerthika

2018-01-01

Visual merchandising is the marketing promotion strategy that are implemented in the retail industry by emerging innovative floor plans and three dimensional display using store layout techniques in order to increase the sale. This study examine the store layout strategy in relation to visual merchandising and assist the managers in developing better merchandising techniques for retail stores. This study also helps to find out the analysis the impact of various visual merchandising variables ...

IS THERE ANY CORRELATION BETWEEN THE CHRONIC BALANCE OF TRADE DEFICIT AND THE ROMANIA'S INCREASING EXTERNAL DEBT?

Directory of Open Access Journals (Sweden)

Giurgiu Adriana

2011-12-01

Full Text Available According to the data provided by the Romanian National Institute of Statistics and Eurostat, the balance-of-payments current account registered a permanent and increasing deficit since 1990, while the domestic production was accelerated decreasing and the FDI inflows were far from being enough to cover the internal consumption needs. These being the facts, the present paper aims to underline the fact there is a direct correlation between the increasing external debt of Romania in the last years, and the balance of trade increasing deficit, which is due mainly to the lack of domestic capital, as well as to the decreasing productivity. The research methodology is based on a theoretical model of external debt sustainability, using time series data for Romania and using a multi-equation model. The results show that the relationship between external debt and the balance of trade deficit should be analysed with a simultaneous equation model, because there is a two-way relationship between debt service and deficit growth: the higher the imports, the higher the external debt, and as a consequence, the higher the balance of trade deficit, if the productivity is low. This result is consistent with the Romanian experience, and its implications are very large and will multiply over the years, if there will be no adequate policies meant to revival the private sector, mainly the SMEs. In this respect, the paper concludes that the Romanian government should immediately take the necessary measures to facilitate the easy access to capital for the private investors, which will further stimulate the internal production, with a direct impact onto the increase of exports, which will determine on the one hand, the reduction of the balance of trade deficit and simultaneous, the increasing of the necessary budgetary revenues to pay back the external debt. Otherwise, all costs will be supported by the next generations, with no return, if the probability for declaring

European External Trade Policy: The Role of Ideas in German Preference Formation - www-publication

NARCIS (Netherlands)

Alons, G.C.

2013-01-01

In the literature examining European Union external trade policy, the relative influence of the Commission, the member states and interest groups are an issue of ongoing debate. This article will argue that member states can still play an important role and that a focus on member state preferences

CHINA’S ECONOMIC ACTIVITIES IN AFRICA: TRADE, FOREIGN DIRECT INVESTMENT AND AID

OpenAIRE

Michałowski, Tomasz

2014-01-01

The paper examines the nature of China’s economic activities in Africa in three dimensions: merchandise trade, foreign direct investment, and aid. These are three main channels through which China’s presence on the continent affects Africa’s economic growth and development. China’s economic relations with Africa are, to a large extent, driven by Chinese demand for natural resources, especially oil and minerals. It is the most visible in Sino-African trade, where fuels alone account for about ...

19 CFR 127.41 - Government title to unclaimed and abandoned merchandise.

Science.gov (United States)

2010-04-01

... SECURITY; DEPARTMENT OF THE TREASURY GENERAL ORDER, UNCLAIMED, AND ABANDONED MERCHANDISE Title to Unclaimed... part, at which time merchandise having thus remained in Customs custody is considered as unclaimed and abandoned, the port director, with the concurrence of the Assistant Commissioner, Office of Field Operations...

19 CFR 191.35 - Notice of intent to export; examination of merchandise.

Science.gov (United States)

2010-04-01

..., if available, fax number and e-mail address of a contact person, and the location of the merchandise... merchandise shall be transported in-bond to the port of exportation. (e) Extent of examination. The...

Change of quality characteristics of onion during merchandising in retail trade

Directory of Open Access Journals (Sweden)

V. V. Andreev

2018-01-01

Full Text Available When selling fruits and vegetables in retail stores, the question arises of the preservation of their consumer properties. Therefore, the task was set to follow the changes in the quality of onions in a trading hall for seven days, which corresponds to the time of sale of the goods. Onions, unlike other vegetables, less interact with the air. Therefore, the loss of moisture and organic substances is insignificant. The paper presents data on the change in the qualitative characteristics of onions in the conditions of a trading hall and refrigerated storages for 7 days. Obtaining and processing of experimental data on the changes in sugar onion, ascorbic acid and moisture content was carried out in the laboratories of commodity science and food products expertise of the Department of Trade and Goods Science of the St. Petersburg State University of Economics. The partial increase in acidity during prolonged storage could be a consequence of the breakdown of sugars during fermentation. As a result of the conducted researches it is established that the biochemical processes taking place in onions practically do not depend on the temperature decrease in the room. It is recommended to pre-dry the onions for better preservation. It is necessary to carry out quality control of the product by organoleptic and physicochemical parameters during refrigerated storage and storage in the trading floor. It is established that the content of vitamin C does not decrease in the process of realization of onion if the humidity of air does not exceed 65%. The experiments showed that the loss of sugars during storage does not occur. Essential loss of moisture, and consequently, a decrease in the mass of the product, was not observed.

The Relationship between Retail Merchandising in the Content Area and Its Effect on Comprehension and Reading Rate as Measured by Retail Merchandising Reading Tests Given to Selected Secondary School Students in Metropolitan Toronto.

Science.gov (United States)

Best, Jane

A total of 99 students from a Toronto secondary vocational school participated in a study to determine whether students who studied retail merchandising differed significantly in comprehension and reading rate from students who did not study retail merchandising. An experimental group composed of 50 merchandising students and a control group of 49…

18 CFR 367.4160 - Account 416, Costs and expenses of merchandising, jobbing and contract work.

Science.gov (United States)

2010-04-01

... expenses of merchandising, jobbing and contract work. 367.4160 Section 367.4160 Conservation of Power and... § 367.4160 Account 416, Costs and expenses of merchandising, jobbing and contract work. (a) This account... sales rooms. (8) Maintaining display counters and other equipment used in merchandising. (9) Arranging...

Does human migration affect international trade? A complex-network perspective.

Science.gov (United States)

Fagiolo, Giorgio; Mastrorillo, Marina

2014-01-01

This paper explores the relationships between international human migration and merchandise trade, using a complex-network approach. We firstly compare the topological structure of worldwide networks of human migration and bilateral trade over the period 1960-2000. Next, we ask whether the position of any pair of countries in the migration network affects their bilateral trade flows. We show that: (i) both weighted and binary versions of the networks of international migration and trade are strongly correlated; (ii) such correlations can be mostly explained by country economic/demographic size and geographical distance; and (iii) pairs of countries that are more central in the international-migration network trade more. Our findings suggest that bilateral trade between any two countries is not only affected by the presence of migrants from either countries but also by their relative embeddedness in the complex web of corridors making up the network of international human migration.

Counterfeiting as corporate externality: intellectual property crime and global insecurity

OpenAIRE

2010-01-01

Abstract Corporate negative externalities occur when corporations place some of the costs of their profit-seeking activity onto society. This paper suggests that the current global problem of intellectual property crime is such an externality, and that it has not been recognised as such because corporations present product counterfeiting and piracy as crimes which reduce their revenue, rather than as predictable side effects of corporate production and merchandising, including bran...

An Experimental Study on Internal and External Negotiation for Trade Agreements

Directory of Open Access Journals (Sweden)

Hankyoung Sung

2017-06-01

Full Text Available This paper experimentally studies the performance of negotiation considering individual and party, like a country, share of benefit over the best ones. It experiments two-stage bargaining games, internal and external negotiations. From the experimental results, this paper shows strong tendency to select fair allocation in the internal negotiations, but the tendency would be weaker with attractive outside option. In addition, the outside option may claim difference in individual benefit. From the regressions on individual performance in the negotiations, being a proposing party would matter to enhance the performance. However, relative individual performance within party fairness matters. Still attractive no-agreement options happen to break the tendency. As policy implication for trade negotiation, this paper warns that possible loss in individual benefit from not active participation to the external negotiations, no active role of proposer in case that players stick to internal allocations, and deviation of advantageous sector due to attractive outside options.

Evaluation of trade influence on economic growth rate by computational intelligence approach

Science.gov (United States)

Sokolov-Mladenović, Svetlana; Milovančević, Milos; Mladenović, Igor

2017-01-01

In this study was analyzed the influence of trade parameters on the economic growth forecasting accuracy. Computational intelligence method was used for the analyzing since the method can handle highly nonlinear data. It is known that the economic growth could be modeled based on the different trade parameters. In this study five input parameters were considered. These input parameters were: trade in services, exports of goods and services, imports of goods and services, trade and merchandise trade. All these parameters were calculated as added percentages in gross domestic product (GDP). The main goal was to select which parameters are the most impactful on the economic growth percentage. GDP was used as economic growth indicator. Results show that the imports of goods and services has the highest influence on the economic growth forecasting accuracy.

THE ROMANIAN EXTERNAL TRADE IN GRAIN

Directory of Open Access Journals (Sweden)

Georgiana Armeniţa ARGHIROIU

2013-08-01

Full Text Available Romania is situated as agricultural potential among the first countries in Europe. But over the time it has been observed that our agriculture has failed to capitalize this potential and in consequence cannot provide the necessities of food for the population of the country. The trade balance is deeply inclined towards imports and even if the situation has improved in recent years, the trade balance in agricultural products remains negative, falling to about $ 600 million in 2011. This paper analyzes the evolution of trade flows with the grain both in terms of quantity and value.

19 CFR 191.14 - Identification of merchandise or articles by accounting method.

Science.gov (United States)

2010-04-01

... applies to identification of merchandise or articles in inventory or storage, as well as identification of... identified as being received into and withdrawn from the same inventory. Even if merchandise or articles are... or articles under this section, subject to the conditions of this section. If any such inventory...

Does human migration affect international trade? A complex-network perspective.

Directory of Open Access Journals (Sweden)

Giorgio Fagiolo

Full Text Available This paper explores the relationships between international human migration and merchandise trade, using a complex-network approach. We firstly compare the topological structure of worldwide networks of human migration and bilateral trade over the period 1960-2000. Next, we ask whether the position of any pair of countries in the migration network affects their bilateral trade flows. We show that: (i both weighted and binary versions of the networks of international migration and trade are strongly correlated; (ii such correlations can be mostly explained by country economic/demographic size and geographical distance; and (iii pairs of countries that are more central in the international-migration network trade more. Our findings suggest that bilateral trade between any two countries is not only affected by the presence of migrants from either countries but also by their relative embeddedness in the complex web of corridors making up the network of international human migration.

Opportunities and Prospects of Trade Development between Romania and the Russian Federation in the European Context

Directory of Open Access Journals (Sweden)

Virginia Câmpeanu

2010-10-01

Full Text Available The present paper has as main objective the analysis of the opportunities and development perspectives of the trade relationship between Romania and the Russian Federation, linked to the latest evolutions of the European and global economic context. Keeping in mind this objective, our paper is structured around three main sections, as follows. The first part, “Economic Context of Romania-Russian Federation Trade Development” is centered upon the global crisis and its effects on the EU, Romania and Russia as well as the EU-Russia increasing bilateral merchandise trade flows. We examine how the global economic crisis interrupted increasing merchandise trade between EU-27 and the Russian Federation and present the main exporter countries from the EU-27 to Russia and the major EU importers from Russia and analyze in a comparative manner the very concentrated trade pattern between EU-27 and Russia. In the next section, “Romania-Russia Trade Development”, we underline that the Russian Federation is the second extra-EU trading partner of our country. We explore Romania’s trade relationship with Russia during pre and post accession to the European Union and also the actual trends of the bilateral trade, which pattern is extremely concentrated. In the last section, “Opportunities and Prospects for the Trade Development between Romania and Russian Federation”, we conclude, on the basis of the comparative and prospective analysis, that: Romania could be well positioned on Russian markets; there are many similarities in competitiveness characteristics of our countries; Romania and Russia have some problematic factors in doing business; strong points of the Romanian manufacturing industry could lead to the diversification of trade pattern and, finally, Romania has the possibility to develop a strong economic partnership with the Russian Federation under the framework of the EU-Russia relationship.

Time-bound product returns and optimal order quantities for mass merchandisers

Science.gov (United States)

Yu, Min-Chun; Goh, Mark

2012-01-01

The return guidelines for a mass merchandiser usually entail a grace period, a markdown on the original price and the condition of the returned items. This research utilises eight scenarios formed from the variation of possible return guidelines to model the cost functions of single-product categories for a typical mass merchandiser. Models for the eight scenarios are developed and solved with the objective of maximising the expected profit so as to obtain closed form solutions for the associated optimal order quantity. An illustrative example and sensitivity analysis are provided to demonstrate the applicability of the model. Our results show that merchandisers who allow for returns within a time window, albeit with a penalty cost imposed and the returned products being recoverable, should plan for larger order amounts as such products do not affect the business. Similarly, the merchandisers who allow for returns beyond a grace period and without any penalty charges, but where the returned products are irrecoverable, should manage their stocks in this category more judiciously by ordering as little as possible so as to limit the number of returns and carefully consider the effects of their customer satisfaction-guaranteed policies, if any.

The External Trade of Romania: Evolution Trends

Directory of Open Access Journals (Sweden)

Botescu Ion

2017-01-01

On top of these, a series of negative impact events such as wars or crises have overlapped. Despite all the investment efforts made, the impact of Romania’s economic development on foreign trade was limited during the socialist era. As regards the volume of foreign trade, the trade balance, the structure of exports and imports, the value of exports per capita, Romania’s evolution was generally modest. Practically, with some exceptions, Romania’s involvement in international trade was below the economic potential of our country throughout the analyzed period.

EU emissions trading. The need for cap adjustment in response to external shocks and unexpected developments?

Energy Technology Data Exchange (ETDEWEB)

Diekmann, Jochen [DIW, Berlin (Germany)

2012-11-15

In this paper the advantages and disadvantages of the various adaptation options will be discussed from an economic perspective. Firstly, the criteria for identifying a need for potentially legitimate adaptation should be investigated. Furthermore, the issue of appropriate timely intervention points prior to or within the trading period will be discussed. In what periods and scenarios are adjustments to the cap worthwhile from an economic perspective? To what extent could minimum prices or price ranges make sense? What role could a strategic reserve play? By addressing these issues, it will be fundamentally discussed as to how the emissions trading scheme could be further developed and strengthened by greater flexibility. After a brief characterisation of emissions trading in theory and practice in Chapter 2, Chapter 3 will identify potential external shocks and unexpected developments which may impair the functioning of an emissions trading scheme. The current problems of cap setting for the third trading period of the EU ETS will be described in Chapter 4. Against this background, cap adjustments will be discussed in Chapter 5, minimum and maximum prices in Chapter 6 and strategic reserves in emissions trading in Chapter 7. The conclusions are summarised in Chapter 8.

19 CFR 151.15 - Movement of merchandise to a centralized examination station.

Science.gov (United States)

2010-04-01

... 19 Customs Duties 2 2010-04-01 2010-04-01 false Movement of merchandise to a centralized... General § 151.15 Movement of merchandise to a centralized examination station. (a) Permission to transfer... following bonded movements for the transfer to the CES unless the type of bonded movement to be used is...

The Effect of Visual Merchandising on Impulsive Buying with Impulsive Buying Tendency As Moderating Variable

Directory of Open Access Journals (Sweden)

Jessica Novia

2015-03-01

Full Text Available This research aims to classify the female consumer demographic segments linked by impulsive buying, to determine the effect of visual merchandising on impulsive buying, and to determine the effect of visual merchandising on impulsive buying with impulsive buying tendency as moderating variable on customers of Gaudi in Taman Anggrek Mall. This research is quantitative research with a total sample of 100 people. Data were obtained by distributing questionnaires to the respondents by cross sectional. Research used Cluster Analysis and Moderated Regression Analysis. Data processing was performed using SPSS software for Windows version 20. Research found that customers of Gaudi were divided into three groups: the way of the world, sufficient money, and promotions. Then, research found that visual merchandising affected impulsive buying. In addition, there visual merchandising had also an effect on impulsive buying with impulsive buying tendency as moderating variable. As a conclusion, moderating variable strengthens the effect of visual merchandising on impulse buying.

Fabric quality issues related to apparel merchandising

CSIR Research Space (South Africa)

Das, Sonali

2015-02-01

Full Text Available The objectives of this study are to develop an understanding of fabric quality related issues and research gaps relevant to apparel manufacturing and merchandising within the South African context. The specific focus is on fabric objective...

76 FR 15841 - Entry of Merchandise

Science.gov (United States)

2011-03-22

... DEPARTMENT OF HOMELAND SECURITY Bureau of Customs and Border Protection DEPARTMENT OF THE TREASURY 19 CFR Part 141 Entry of Merchandise CFR Correction In Title 19 of the Code of Federal Regulations, Parts 141 to 199, revised as of April 1, 2010, on page 6, the second general authority citation for part...

IDENTIFICATION OF MAJOR TASKS PERFORMED BY MERCHANDISING EMPLOYEES WORKING IN THREE STANDARD INDUSTRIAL CLASSIFICATIONS OF RETAIL ESTABLISHMENTS.

Science.gov (United States)

ERTEL, KENNETH A.

BY QUESTIONNAIRE, FACTS WERE OBTAINED REGARDING 12 CATEGORIES OF MERCHANDISING PERFORMED BY 609 SUPERVISORY AND NONSUPERVISORY PERSONNEL OF 33 DEPARTMENT, LIMITED-PRICE VARIETY, AND GENERAL MERCHANDISING STORES. THIS SAMPLE WAS SELECTED FROM A POPULATION OF 13,643 MERCHANDISING EMPLOYEES, WORKING IN A TOTAL OF 234 FIRMS, IN KING AND PIERCE…

General Merchandise 50% Energy Savings Technical Support Document

Energy Technology Data Exchange (ETDEWEB)

Hale, E.; Leach, M.; Hirsch, A.; Torcellini, P.

2009-09-01

This report documents technical analysis for medium-box general merchandise stores aimed at providing design guidance that achieves whole-building energy savings of at least 50% over ASHRAE Standard 90.1-2004.

Commercial Building Partnership General Merchandise Energy Savings Overview

Energy Technology Data Exchange (ETDEWEB)

None

2013-03-01

The Commercial Building Partnership (CBP) paired selected commercial building owners and operators with representatives of DOE, national laboratories and private sector exports to explore energy efficiency measures across general merchandise commercial buildings.

Estimating Trade Effects of the Competitive Devaluation Policy in East Asia’s Countries

Directory of Open Access Journals (Sweden)

Yana Valeryevna Dyomina

2013-03-01

Full Text Available The paper examines the competitive devaluation policy effects on the East Asia’s trade for the period of 2000–2011. The author obtained quantitative estimation of the currency policy trade effects with the help of panel data regression analysis (using export and import data of the following countries: China, Japan, Indonesia, Malaysia, Vietnam, Thailand, the Philippines and the Republic of Korea. The article includes investigation of the following foreign trade flows: total, intra-regional and out- of-regional exports and imports of merchandise. The study reflects the fact that the competitive devaluation policy of ASEAN+3 countries negatively affects the out-of-regional exports and imports, as well as the total imports. Simultaneously such exchange rate policy measures have no effect on intra-regional trade

The Effect of Visual Merchandising on Consumer Impulse Buying Behavior at the Executive Store Manado

OpenAIRE

Sumeisey, Gisela Maria

2014-01-01

The marketplace nowadays is having tight competition between stores or companies which is a new comer or the long-time one. Stores or companies have to utilize strategies especially merchandising tools in order to attract consumer€™s attention to survive in the competition. The strategy of visual merchandising is often used by stores or companies to stimulate consumer€™s want towards their product. The aim of this study is to analyze the effects of visual merchandising on consumer impulse buy...

Finding a pareto-optimal solution for multi-region models subject to capital trade and spillover externalities

Energy Technology Data Exchange (ETDEWEB)

Leimbach, Marian [Potsdam-Institut fuer Klimafolgenforschung e.V., Potsdam (Germany); Eisenack, Klaus [Oldenburg Univ. (Germany). Dept. of Economics and Statistics

2008-11-15

In this paper we present an algorithm that deals with trade interactions within a multi-region model. In contrast to traditional approaches this algorithm is able to handle spillover externalities. Technological spillovers are expected to foster the diffusion of new technologies, which helps to lower the cost of climate change mitigation. We focus on technological spillovers which are due to capital trade. The algorithm of finding a pareto-optimal solution in an intertemporal framework is embedded in a decomposed optimization process. The paper analyzes convergence and equilibrium properties of this algorithm. In the final part of the paper, we apply the algorithm to investigate possible impacts of technological spillovers. While benefits of technological spillovers are significant for the capital-importing region, benefits for the capital-exporting region depend on the type of regional disparities and the resulting specialization and terms-of-trade effects. (orig.)

THE DANGER OF PUTING ALL THE EGGS IN ONE BASKET. SOME CONCERNS REGARDING ROMANIA'S EXTERNAL TRADE

Directory of Open Access Journals (Sweden)

NEGREA Adrian

2011-07-01

Full Text Available Trade patterns across the globe vary in certain ways. For the EU27, the analyzed data suggests that approximately 70% of all Romania's imports, and the same amount of its exports, are intra-community oriented. The question that arises is what will happen to te Romania's external trade, if a crisis hits Europe? If countries like Germany, France, Italy, and United Kingdom are hit the hardest in this hypothetical European crisis, Romania will soon follow them. In order to decrease the impact of such possibility, it is necessary to tap new trade opportunities. For this purpose, first we have to analyze the present situation. Based on Eurostat, World Trade Organization, and the Romanian Statistics Institute data from 1999 to 2009, and on the works about trade creation (Balassa 1965, Jovanovic 2005, Molle 2006, the paper wants to point out the aspects of trade concentration in certain regions after the establishment of free trade agreements, and the danger posed by financial crises. This paper analyzes first the situation in the EU27, scanning each member state in order to see the degree of trade relations intra / extra EU. The data will be than compared to another set of analyzes of other four important regions, the Andean Community, ASEAN, MERCOSUR, and NAFTA, whose free trade agreements could support such of comparison with the EU trade relations. The paper follows the assumption that EU27 has the most integrated trade relations among all the analyzed regions. Based on this assumption and on statistical data that points out the percentage change of total imports and exports in the Romanian GDP, some conclusions will be drown out in order to establish some necessary measures to prevent a future crisis, measures that involve the political class, taping new trade opportunities such as Latin American countries, Middle Eastern countries, and South-East Asia, but not forgetting Russia, Romania's former main export partner, establishing clear objectives

Curriculum Guide for Fashion Merchandising (Fashion Salesperson).

Science.gov (United States)

Gregory, Margaret R.

This curriculum guide is designed to help teachers teach a course in fashion merchandising to high school students. The guide contains eight performance-based learning modules, each consisting of one to seven units. Each unit teaches a job-relevant task, and includes performance objectives, performance guides, resources, learning activities,…

Environmentally damaging electricity trade

International Nuclear Information System (INIS)

Billette de Villemeur, Etienne; Pineau, Pierre-Olivier

2010-01-01

Electricity trade across regions is often considered welfare enhancing. We show in this paper that this should be reconsidered if environmental externalities are taken into account. We consider two cases where trade is beneficial, before accounting for environmental damages: first, when two regions with the same technology display some demand heterogeneity; second when one region endowed with hydropower arbitrages with its 'thermal' neighbor. Our results show that under reasonable demand and supply elasticities, trade comes with an additional environmental cost. This calls for integrating environmental externalities into market reforms when redesigning the electricity sector. Two North American applications illustrate our results: trade between Pennsylvania and New York, and trade between hydro-rich Quebec and New York.

Studi Pengaruh Visual Merchandise untuk Anak Terhadap Perilaku Pembelian Paket HappyMeal di Restoran McDonald’s Surabaya

Directory of Open Access Journals (Sweden)

Listia Natadjaja

2009-01-01

Full Text Available In sales promotion context, premium offers such as toy merchandizes for kids are free incentives or discounted price to encourage sales. A common finding that toys on merchandize offered in Happy Meal packets influence their consumer behavior which are kids, besides kids are known as potential target market nowadays. This thesis is not only giving descriptive explanation about the visual influence on merchandise towards kid’s buying behavior on the purchase of Happy Meal packets, but also about correlation and simple linear regression analysis. The result indicates that visual elements on merchandises have strong and significant impact to kid’s buying behavior on Happy Meal packets. Abstract in Bahasa Indonesia: Dalam konteks promosi penjualan, penawaran premi seperti merchandise mainan untuk anak, merupakan penawaran item gratis atau dalam harga yang lebih murah yang bertujuan menimbulkan suatu respons. Dalam kelanjutannya, diketahui bahwa visual merchandise mainan dalam paket HappyMeal mempengaruhi perilaku konsumen anak-anak. Disamping itu, anak-anak adalah pasar yang potensial dewasa ini. Skripsi ini tidak hanya memberikan pemaparan deskriptif mengenai pengaruh visual merchandise terhadap perilaku pembelian paket HappyMeal pada anak, tetapi juga mengenai analisis hubungan korelasi dan regresi linear sederhana. Hasil penelitian mengidikasikan adanya pengaruh yang kuat dan signifikan antara visual merchandise terhadap perilaku pembelian paket HappyMeal pada anak. Kata kunci: Pengaruh visual, Merchandise, Perilaku pembelian, McDonald’s.

Trade Agreements PTI

Data.gov (United States)

Department of Homeland Security — The objective of the Trade Agreements PTI is to advance CBP’s mission by working with internal and external stakeholders to facilitate legitimate trade and address...

Could Mean Trouble: When the Unexpected Pops Up in Your Merchandising Program, Here's What to Do.

Science.gov (United States)

Bonenberger, Lynne M.

1990-01-01

Some suggestions for troubleshooting when problems develop with a college merchandising program cover topics such as delivery delays, product quality, promotional material, merchandise that outside manufacturers sell directly through ads in alumni magazines, and "lemons." (MLW)

Environmentally damaging electricity trade

Energy Technology Data Exchange (ETDEWEB)

Billette de Villemeur, Etienne [Toulouse School of Economics (IDEI and GREMAQ) (France); Pineau, Pierre-Olivier [HEC Montreal (Canada)

2010-03-15

Electricity trade across regions is often considered welfare enhancing. We show in this paper that this should be reconsidered if environmental externalities are taken into account. We consider two cases where trade is beneficial, before accounting for environmental damages: first, when two regions with the same technology display some demand heterogeneity; second when one region endowed with hydropower arbitrages with its ''thermal'' neighbor. Our results show that under reasonable demand and supply elasticities, trade comes with an additional environmental cost. This calls for integrating environmental externalities into market reforms when redesigning the electricity sector. Two North American applications illustrate our results: trade between Pennsylvania and New York, and trade between hydro-rich Quebec and New York. (author)

Airport Merchandising Using Micro Services Architecture

OpenAIRE

Hari Bhaskar Sankaranarayanan; Viral Rathod

2016-01-01

Airport offers an ecosystem where passengers, airlines, airport, and merchants meet under one roof during travel. During the journey, there is a good amount of time spent by passengers on waiting or transit before boarding the flight. Passengers look for spending that time by shopping, dining, and entertainment. Airport merchants and airlines look for merchandising opportunities to acquire new customers, up-sell, and cross-sell their products and services. Highly pe...

Export Trade Performance of Indian Economy during and Following the Global Financial Crisis

Directory of Open Access Journals (Sweden)

Dr. Sumanjeet Singh

2011-07-01

Full Text Available Towards the end of 2008 the effects of global recession started getting reflectedin international trade. The fall in global demand and the slowing-down ineconomic growth translated into a substantial reduction in internationaltrade. It affected the cross-border trade of virtually all countries and economicsectors. Indian exports trade could not remain unaffected in a situation whereexternal demand was dwindling globally. The present paper reviews India’sexport performance during and following the global financial crisis. Indianexports started to decline in July 2008. It declined from US$ 17,095 millionin July 2008 to US$ 11,516 million in March 2009, which accounts for almost33 per cent decline. This growth contraction has come after a robust 25 percent-plus average export growth since 2003. But, as a result of governmentpolicy measures and recovery in global economy, India’s exports growthturned positive and exports grew by a whopping 54.1 per cent in March 2010and recorded the highest growth rate among the world’s top 70 economiesin merchandise exports. India’s merchandise exports during April 2010 at US$16.9 billion recorded a growth of 36.3 per cent as compared with a declineof 32.8 per cent registered in April 2009. Exports witnessed huge annualizedgrowth of 56.9 per cent to $25.9 billion in May 2011 in a bright spot for theIndian economy, which is battling high inflation amid signs of a slowdown.

Advancing Sustainable Development in Global Trade and Multilateral Negotiations

Directory of Open Access Journals (Sweden)

Christophe Bellmann

2011-05-01

Full Text Available Published by Palgrave MacmillanWorld exports and imports are quickly recovering after the 2008-09 sharp decline in merchandise trade, as illustrated by global trade performances in the first and second quarters of 2010. In spite of this impressive recovery, domestic concerns in OECD countries about employment, competitiveness and China’s exchange rate policy have created a difficult political environment for further liberalisation under the Doha Round. Interestingly, developing countries, which were reluctant to engage in a new round of trade negotiations back in 2001, are now in the vanguard of those that wish for a swift conclusion of the talks, even if consensus on the ambitious ‘development package’ envisaged in Doha remains elusive. At the same time trade has been the subject of unprecedented attention and scrutiny in the climate change talks. In a world where multilateral cooperation is in crisis there is a dire need for the international community to generate new types of arrangements and innovative responses to the imperatives of development and the global transition to a low-carbon economy.

Artificial intelligence applied to assigned merchandise location in retail sales systems

Directory of Open Access Journals (Sweden)

Cruz-Domínguez, O.

2016-05-01

Full Text Available This paper presents an option for improving the process of assigning storage locations for merchandise in a warehouse. A disadvantage of policies in the literature is that the merchandise is assigned allocation only according to the volume of sales and the rotation it presents. However, in some cases it is necessary to deal with other aspects such as family group membership, the physical characteristics of the products, and their sales pattern to design an integral policy. This paper presents an alternative to the afore- mentioned process using Flexsim®, artificial neural networks, and genetic algorithms.

Merchandising Library Materials to Young Adults. Libraries Unlimited Professional Guides for Young Adult Librarians Series.

Science.gov (United States)

Nichols, Mary Anne

By addressing the concept of merchandising, this handbook shows librarians how to turn their young adult collection into one that will attract teenagers. Delivering an introduction to marketing and merchandising concepts, the author shares years of experience as a teen services librarian, combined with the latest studies and research findings on…

Retail Merchandising Competencies: A Comparison of Perceptions among Entry-Level Managers, Educators, Recruiters, and Students.

Science.gov (United States)

McCuaig, Shauna; And Others

1996-01-01

Responses from 38 of 184 retailing graduates, 24 of 111 recruiters in the apparel field, 58 of 200 retail merchandising educators, and 45 of 47 current students found that differences in their ratings of the importance of 53 competencies for entry workers centered on three factors: merchandising, leadership, and monitoring. (SK)

Merchandising. Alternativa estratégica del marketing en el punto de venta

OpenAIRE

Cruz, Darwin

2007-01-01

Conociendo que entre las funciones de Merchandising, están las técnicas de colocación se productos, las mismas que han alcanzado madurez a partir del desarrollo de las ventas por el sistema auto-selección, donde las compras que realiza el cliente no necesitasen de la presencia del vendedor.Es necesario, hoy en día, que las empresas cubran de la mejor manera todas las necesidades o deseos latentes que puede tener el cliente. Por esta razón, todo lo que trata el Merchandising, tiene que esta...

A comunicação de merchandising no mercado de petshop.

OpenAIRE

TRAVAGIN, Ricardo Brandão; GIACOMINI FILHO, Gino

2011-01-01

Os animais domésticos alcançaram grande relevância no cenário mundial, tendo os negócios nesse setor obtido incremento considerável nas últimas décadas. A comunicação de merchandising é o estímulo e impulso final da compra por meio de ações realizadas no ponto de venda, levando e induzindo o consumidor a preferir as marcas que estão expostas e ao seu alcance. O presente trabalho tem o objetivo de analisar a comunicação de merchandising direcionada ao mercado de pet shop. Trata-se de uma pesqu...

Student Work Experience: A Realistic Approach to Merchandising Education.

Science.gov (United States)

Horridge, Patricia; And Others

1980-01-01

Relevant and realistic experiences are needed to prepare the student for a future career. Addresses the results of a survey of colleges and universities in the United States in regard to their student work experience (SWE) in fashion merchandising. (Author)

A mass merchandiser's role in enhancing pharmacy students' business plan development skills for medication therapy management services.

Science.gov (United States)

Moultry, Aisha Morris

2011-09-10

To develop a relationship between a pharmacy management course and a mass merchandiser and to determine whether involving pharmacy managers from the mass merchandiser in the course would enhance student skills in developing a business plan for medication therapy management services. The pharmacy managers from the mass merchandiser participated in lectures, provided panel discussions, and conducted a business plan competition. Learning was assessed by means of 4 examinations and 1 project (ie, the business plan). At the conclusion of the semester, surveys were administered to solicit student input and gain insight from pharmacy managers on the perceived value of this portion of the course. Students' average grade on the business plan assignment, which included the oral presentation, the peer assessment, and the written proposal, was 92.2%. Approximately 60% (n=53) of surveyed students agreed or strongly agreed that their management skills had improved because of the participation of pharmacy managers from the mass merchandiser. All of the managers enjoyed participating in the experience. The involvement of pharmacy managers from a mass merchandiser enhanced student learning in the classroom, and managers felt that their participation was an important contribution to the development of future pharmacists.

9 CFR 203.14 - Statement with respect to advertising allowances and other merchandising payments and services.

Science.gov (United States)

2010-01-01

... 9 Animals and Animal Products 2 2010-01-01 2010-01-01 false Statement with respect to advertising allowances and other merchandising payments and services. 203.14 Section 203.14 Animals and Animal Products... to advertising allowances and other merchandising payments and services. The Guidelines 1. Who is a...

Excess heat from kraft pulp mills: Trade-offs between internal and external use in the case of Sweden-Part 2: Results for future energy market scenarios

International Nuclear Information System (INIS)

Joensson, Johanna; Svensson, Inger-Lise; Berntsson, Thore; Moshfegh, Bahram

2008-01-01

In this paper the trade-off between internal and external use of excess heat from a kraft pulp mill is investigated for four different future energy market scenarios. The work follows the methodology described in Svensson et al. [2008. Excess heat from kraft pulp mills: trade-offs between internal and external use in the case of Sweden-Part 1: methodology. Energy Policy, submitted for publication], where a systematic approach is proposed for investigating the potential for profitable excess heat cooperation. The trade-off is analyzed by economic optimization of an energy system model consisting of a pulp mill and an energy company (ECO). In the model, investments can be made, which increase the system's energy efficiency by utilization of the mill's excess heat, as well as investments that increase the electricity production. The results show that the trade-off depends on energy market prices, the district heating demand and the type of existing heat production. From an economic point of view, external use of the excess heat is preferred for all investigated energy market scenarios if the mill is studied together with an ECO with a small heat load. For the cases with medium or large district heating loads, the optimal use of excess heat varies with the energy market price scenarios. However, from a CO 2 emissions perspective, external use is preferred, giving the largest reduction of global emissions in most cases

Apparel Merchandising Students Learn Customer Service Strategies while Conducting Research.

Science.gov (United States)

Paulins, V, Ann

2000-01-01

Apparel merchandising students participated in a cooperative research project in which they observed customer service techniques by posing as customers in retail stores. The project taught research processes, collaboration, and principles of customer service. (SK)

A Mass Merchandiser's Role in Enhancing Pharmacy Students’ Business Plan Development Skills for Medication Therapy Management Services

Science.gov (United States)

2011-01-01

Objectives. To develop a relationship between a pharmacy management course and a mass merchandiser and to determine whether involving pharmacy managers from the mass merchandiser in the course would enhance student skills in developing a business plan for medication therapy management services. Design. The pharmacy managers from the mass merchandiser participated in lectures, provided panel discussions, and conducted a business plan competition. Learning was assessed by means of 4 examinations and 1 project (ie, the business plan). At the conclusion of the semester, surveys were administered to solicit student input and gain insight from pharmacy managers on the perceived value of this portion of the course. Assessment. Students’ average grade on the business plan assignment, which included the oral presentation, the peer assessment, and the written proposal, was 92.2%. Approximately 60% (n = 53) of surveyed students agreed or strongly agreed that their management skills had improved because of the participation of pharmacy managers from the mass merchandiser. All of the managers enjoyed participating in the experience. Conclusions. The involvement of pharmacy managers from a mass merchandiser enhanced student learning in the classroom, and managers felt that their participation was an important contribution to the development of future pharmacists. PMID:21969719

Lower Bounds for External Memory Dictionaries

DEFF Research Database (Denmark)

Brodal, Gerth Stølting; Fagerberg, Rolf

2003-01-01

We study trade-offs between the update time and the query time for comparison based external memory dictionaries. The main contributions of this paper are two lower bound trade offs between the I/O complexity of member queries and insertions: If N < M insertions perform at most δ · N/B I/Os, then......We study trade-offs between the update time and the query time for comparison based external memory dictionaries. The main contributions of this paper are two lower bound trade offs between the I/O complexity of member queries and insertions: If N

An Environmental Sustainability Course for Design and Merchandising Students

Science.gov (United States)

Cao, Huantian; Frey, Lisa Vogel; Farr, Cheryl A.; Gam, Haejin

2006-01-01

The purpose of this project was to develop a science-based course, "Environmental Sustainability Issues for Designers and Merchandisers". The course emphasis was on scientific concepts underlying textile-related environmental problems; the focus was on the "cradle to cradle" design model as an approach for eliminating environmental problems during…

Chemistry I and Clothing, Textiles and Fashion Merchandising Majors.

Science.gov (United States)

Clausen, Donald F.

1980-01-01

The application of principles learned in a first course in chemistry to chemical problems of interest to home economics majors specializing in clothing and textiles or fashion merchandising is described. Concept transfer--teaching difficult concepts in terms of an everyday analogue--is also explained and relevant laboratory experiments are…

Administration of Resale Stock Merchandise Contracts at the Defense Commissary Agency

National Research Council Canada - National Science Library

Young, Shelton

1995-01-01

... and complied with, and to evaluate the effectiveness of related internal controls. Contract administration functions for the resale stock merchandise contracts were segregated among the service centers, regions, and commissary stores...

Initiating Training Stations As Clusters of Learning in Fashion Merchandising

Science.gov (United States)

Garber, Jayne

1974-01-01

A Chicago business school offers fashion merchandising as one of several business curriculums that combines on-the-job training and classroom instruction. Instruction is organized around the occupational cluster concept which requires training stations that provide a wide variety of learning experiences. (EA)

The impact of Romanian adhesion to European Union on exterior trade

OpenAIRE

Craciunas, Diana

2009-01-01

Analysis of the Romanian external trade policies in European integration context underlining the external trade policy of Romania which according with European Union policies after the joining to the European Union, the improvement and adaptation of external trade policy to the European standards through internal and external measures and the commercial effect of the extensions of the European Union over non member countries of Europe and on the European Union position in the international co...

THE ROMANIAN EXTERNAL TRADE AND THE FOREIGN DIRECT INVESTMENTS INFLOWS AFTER 2007. A CRITICAL SURVEY.

Directory of Open Access Journals (Sweden)

Giurgiu Adriana

2011-12-01

Full Text Available Focusing more on the evolution of the Romanian external trade and FDI inflows after 2007 - the year of Romania's EU integration - the paper provides insights in the trade and FDI inflows determinants in the context of the convergence process and also in relation to the financial global crisis. As the statistic data envisage, Romanian exports and imports were high over the period 2000-2010, and there were also large FDI inflows in the economy, mostly until 2008. Although the data appear to be encouraging, it seems that Romania did not succeed to maximize the benefits which should result from such a situation. Moreover, the situation after 2008 shows that Romania is in a deep recession accelerated and maintained by uninspired government policy measures with a strong negative impact on the Romanian economy. The aim of this paper is to empirically investigate Romanian export and import demand functions after the year 2007, and to compare them with those of the period 2000-2006, using quarterly data, in correlation with the FDI inflows. The main contribution of the paper is that it is an empirical analysis on Romania's FDI and external trade, providing the impact of the main determinants of export and import of Romania, by using the Engle-Granger two step method. Following Allard (2009 rather than just providing the elasticity, this method combines the elasticity with the evolution of the explanatory variables to quantify their impact during the analysed period. The analysis aim to cover all possible factors underlying the external sector performance of Romania and thus, they are complemented with country specific analysis. The empirical analysis will therefore provide some interesting insights not only in the context of the convergence process of the country with the Eurozone but also in relation to the exchange rate regime. The theoretical framework relies on the 'imperfect substitutes' model (Goldstein and Khan; 1985, and it is used in the paper

New Trends of E-commerce Development Brought by Chinese International Trade

Institute of Scientific and Technical Information of China (English)

Wen Xu

2015-01-01

e-commerce as a new trade, in the form of the current globalization of information and economic globalization, is with its strong competitive advantage and vitality, which can quickly spread to all areas of international business, and it changes in the international economic landscape had a profound impact. E-commerce is based on the rapid development of computer technology and the wide application is on the use of the Internet and advanced communications technology. It changes the the past, traditional physical trading and cash transactions, in a virtualization market, merchandise presentation via the web. With the online payment, the use of advanced materials and distribution logistics systems are for tangible and intangible commodities trading of a new trade. This new types of transactions overturn the traditional transaction methods, so that the whole business process, whether it is in the application of domestic and foreign trade, and has achieved the goal of online shopping and trading. E-commerce international trade transaction cost savings improve the efficiency of transactions; it changes in the foreign trade transaction process, the development of third-party trading platform is increasing the competitiveness of enterprises and the creation of employment opportunities in all aspects of a country＇ s foreign trade and the overall economy have had a significant impact. E-commerce is to establish a new economic and trade order, the already mature in the world trading system and the order is being re-shuffling of the emerging e-commerce trade. China is the world＇ s top-ranked in the world＇ s total import and export trade power, is under the wave of e-commerce, the difficulties, we should seize opportunities, and meet challenges.

The Effect of Visual Merchandising on Impulsive Buying with Impulsive Buying Tendency As Moderating Variable

OpenAIRE

Jessica Novia

2015-01-01

This research aims to classify the female consumer demographic segments linked by impulsive buying, to determine the effect of visual merchandising on impulsive buying, and to determine the effect of visual merchandising on impulsive buying with impulsive buying tendency as moderating variable on customers of Gaudi in Taman Anggrek Mall. This research is quantitative research with a total sample of 100 people. Data were obtained by distributing questionnaires to the respondents by cross secti...

Merchandising-computer trials 1995 - studies on six merchandising systems; Apteringsdatortest 1995 - studier av sex apteringssystem

Energy Technology Data Exchange (ETDEWEB)

Sondell, J.; Essen, I. von

1996-11-01

Skogforsk has conducted a series of studies on the second generation of merchandising computers (bucking-to-value computers) available on the Swedish market. The harvesters were moved to the same study site in southern Sweden. Each machine processed about 50 Norway spruce trees and the price lists and study conditions were kept the same for all six systems. The layout of the systems was described and the ergonomics briefly evaluated. The accuracy of the length and diameter measuring and how the systems exploited the value of the wood were studied. The results will be used both by the manufacturers for future development and by the forest companies as a basis for investment decisions. 11 refs, 4 figs, 5 tabs

A proposal to correct external effects in the coffee market: a tax on regular coffee and tea to subsidise the fair trade coffee

OpenAIRE

Galarraga, Ibon; Markandya, Anil

2006-01-01

This paper justifies the need to introduce a tax on regular coffee drinkers in the UK to subsidise the fair trade/organic coffee production. This policy will allow to take full account of the negative external effect of regular coffee production while internalising the positive effect of fair trade initiatives. Designing such a policy is possible and the benefits of it can be calculated. This paper shows how. Propuesta para corregir las externalidades en el mercado de café: un impuesto sobre ...

The Challenges Facing the Multilateral Trading System in Addressing Global Public Policy Objectives

Directory of Open Access Journals (Sweden)

Christophe Bellmann

2013-02-01

Full Text Available Despite a record-breaking 14.5 per cent increase in world merchandise exports, the effects of the financial crisis and global recession are still hampering faster economic recovery. Relatively high oil prices combined with persistent unemployment and measures designed to reduce budget deficits have undermined short-term growth prospects. While South–South trade continues to explode, trade imbalances – i.e. the gap between exports and imports – widened in 2010 compared to 2009 (though smaller than pre-crisis levels. Meanwhile, trade negotiations under the Doha Round have reached an impasse, generating uncertainties about the future of the World Trade Organization (WTO as a negotiating forum. Under these circumstances, should the system rethink its decision-making process founded upon the predominance of member states, the principle of consensus and the notion of single undertaking, as some critics have suggested? And, if so, how could such a reform agenda be initiated at the WTO? Moreover, beyond the negotiating function of the WTO, the paralysis of the system also raises urgent questions about the ability of the system to respond to pressing challenges of our times, such as trade and climate change, or food security and price volatility.

19 CFR 19.9 - General order, abandoned, and seized merchandise.

Science.gov (United States)

2010-04-01

... Merchandise for Public Auction (Sale)), and an approved copy of Customs Form 6043 (Delivery Ticket). The...) 6043 (Delivery Ticket), or other similar Customs document as designated by the port director or an..., voluntarily abandoned, or seized and forfeited may be released for transfer to the place of sale upon...

Winners & Sinners: What's Hot and What's Not in Alumni Merchandising.

Science.gov (United States)

Larson, Wendy Ann

1990-01-01

A large part of any merchandising program is picking products that will sell. Sixty alumni professionals were asked about their ideas. Some of the winners included a watch with the institution's seal, a windsock, and athletic shoes. Some of the losers included a sweater and a commemorative plate. (MLW)

Methodology of Fashion Merchandising by Modularization Operation Management

Institute of Scientific and Technical Information of China (English)

李俊; 吴海燕; 张渭源

2003-01-01

Based on the requirements of applying information technology to reform the traditional fashion industry,the method of fashion merchandising management in some medium-sized enterprises is discussed. By analyzing the actual domestic fashion industry environment, ideal model that could quickly respond to the market's changes is proposed which includes naming brand, target-market position, circumstances analysis and popularity anticipation, brand concept and style setting, fashion design, fashion category component, and sale strategy.

Merchandising social e os códigos da imagem televisiva: a construção de significados na Telenovela

Directory of Open Access Journals (Sweden)

Plábio Marcos Martins Desidério

2010-10-01

Full Text Available O objetivo deste artigo é analisar como a imagem televisiva desempenha um papel importante na construção do merchandising social nas telenovelas contemporâneas. Com isso, será utilizada a perspectiva de Martine Joly, fundamentada em Roland Barthes, as discussões proposta pro John Fisk, cujo estudioso ressalta a televisão como um discurso e a abordagem de Stuart Hall sobre codificação e decodificação. Perceber como o merchandising social está presente na imagem televisiva e essa constituída por códigos contribui para aproximar a prática do merchandising social e o público.

Exploring Factors that Affect Purchase Intention of Athletic Team Merchandise

Science.gov (United States)

Lee, Donghun; Trail, Galen T.; Lee, Cindy; Schoenstedt, Linda J.

2013-01-01

The purpose of this study was to test a structural model to determine which psychosocial constructs affected the purchase intention of athletic team merchandise (ATM). Results from the analyses indicated that the twelve-factor ATM model fit the data from collegiate athletic events well, explaining the various impact factors that lead to purchase…

Clusters of Tasks Performed by Merchandising Employees Working in Three Standard Industrial Classifications of Retail Establishments. Final Report, No. 20.

Science.gov (United States)

Ertel, Kenneth Arthur

The study assembled up-to-date facts by questionnaire about major types of tasks actually performed by merchandising employees working in department, variety, and general merchandise stores in King and Pierce Counties, Washington. This population closely matched the national percentages, and responses of 609 employees provided data for the study.…

Evaluating of foreign trade security

OpenAIRE

Vasyliev Andriy

2015-01-01

A method of evaluating foreign trade security is considered based on horizontally integrated approach to research security issues, taking into account the conditions of management, factors, components and levels of external security. The work was based theories of security, economics, management theory, practice of state regulation of foreign trade.

76 FR 81914 - Export Trade Certificate of Review

Science.gov (United States)

2011-12-29

... read ``LD Commodities Rice Merchandising LLC, Wilton, Connecticut, and LD Commodities Interior Rice Merchandising LLC, Kansas City, Missouri (subsidiaries of Louis Dreyfus Commodities LLC, Wilton, Connecticut...

Fashion Merchandising: A Suggested Program Guide. Fashion Industry Series No. 4.

Science.gov (United States)

Fashion Inst. of Tech., New York, NY.

The fashion merchandising guide is the fourth of a series of five interrelated program resource guides encompassing the various dimensions of the fashion industry. The job-preparatory guide is intended to provide youths and adults with intensive preparation for initial entry employment and also with career advancement opportunities within the…

77 FR 18791 - Export Trade Certificate of Review

Science.gov (United States)

2012-03-28

... Corporation, Wilton, Connecticut'' was amended to read ``LD Commodities Rice Merchandising LLC, Wilton, Connecticut, and LD Commodities Interior Rice Merchandising LLC, Kansas City, Missouri (subsidiaries of Louis...

Drugstore Selling and Merchandising, a Distributive Education Manual and Answer Book.

Science.gov (United States)

Adams, J. David

This manual on drugstore selling and merchandising, together with a separate answer key, is intended for trainees in distributive education. The 18 self-study assignments, developed by an instructional coordinator with the aid of college professors and leaders in business, cover a wide range of topics, from effective sales techniques to specific…

Incorporating Active Learning and Student Inquiry into an Introductory Merchandising Class

Science.gov (United States)

Lee, Hyun-Hwa; Hines, Jean D.

2012-01-01

Many educators believe that student learning is enhanced when they are actively involved in classroom activities that require student inquiry. The purpose of this paper is to report on three student inquiry projects that were incorporated into a merchandising class with the focus on making students responsible for their learning, rather than the…

77 FR 37871 - Export Trade Certificate of Review

Science.gov (United States)

2012-06-25

... Crosby Road, Marigold, MS 38759; Missouri Rice Research and Merchandising Council, P.O. Box 77, Malden... Merchandising Council; Texas Rice Producers' Board; USA Rice Merchants' Association; and USA Rice Millers...

IMPACT OF EXTERNAL REIMBURSABLE FINANING ON VAT RECEIPTS IN THE STATE BUDGET OF THE REPUBLIC OF MOLDOVA

Directory of Open Access Journals (Sweden)

Marcel OLARI

2017-04-01

Full Text Available Under the current conditions, where rapid economic growth is an important prerequisite for improving the well-being of the population and reducing poverty, the state, being an important player on the economic arena of the Republic of Moldova, attracts external sources of reimbursable financing to support the budget and to carry out investment projects. Taking into account that these external sources increase the Central Government debt, generate the payment of certain interest, commissions, directly affect the expenditures of the state budget, I intended to investigate the impact of these reimbursable external sources on the one category of revenues of the state budget of the Republic of Moldova, (Value Added Tax receipts, in the light of the service and merchandise deliveries according to the transactions emerged from the contracted external reimbursable financing sources.

The determinants of trade credit use

NARCIS (Netherlands)

Hermes, Niels; Kihanga, Ernest; Lensink, Robert; Lutz, Clemens

2015-01-01

Most small businesses in the developing economies suffer from a lack of access to formal external finance. One important alternative source of finance for these entrepreneurs is trade credit. Applying a unique data-set containing data on specific trade relations between rice wholesalers and rice

Carbon Trading. Literature Overview

International Nuclear Information System (INIS)

Kerste, M.; Weda, J.; Rosenboom, N.

2010-12-01

From Pigou and Coase to the Kyoto Protocol, carbon trading has resulted in pricing of the negative externalities emanating from pollution. This report highlights leading literature and empirical findings on carbon trading, amongst others addressing the relevant carbon and related markets, the (lack of) success of carbon trading so far and room for improvement as well as its impact on investments in emission reduction. This report is part of a set of SEO-reports on finance and sustainability. The other reports deal with: Financing the Transition to Sustainable Energy; Innovations in financing environmental and social sustainability; and Sustainable investment.

Basic Visual Merchandising. Second Edition. [Student's Manual and] Answer Book/Teacher's Guide.

Science.gov (United States)

Luter, Robert R.

This student's manual that features content needed to do tasks related to visual merchandising is intended for students in co-op training stations and entry-level, master employee, and supervisory-level employees. It contains 13 assignments. Each assignment has questions covering specific information and also features activities in which students…

Cultural Effects of Trade Liberalization

OpenAIRE

Steven M. Suranovic; Robert Winthrop

2005-01-01

We incorporate culture into a standard trade model in two distinct ways. In the ¡°cultural affinity from work¡± model, workers receive a non- pecuniary cultural benefit from work in a particular industry. In the ¡°cultural externality¡± model, consumers of a product receive utility from other consumer¡¯s consumption of a domestic good. We show that resistance to change due to cultural concerns can reduce the national benefits from trade liberalization. Complete movements to free trade will ha...

The Global Financial Crisis: Analysis and Policy Implications

Science.gov (United States)

2009-10-02

tariffs and new non-tariff measures (non-automatic licenses, reference prices, etc.) affecting merchandise trade. The WTO also compiled a list of new...stores, restaurants , and bars and could cost more than 40,000 jobs. Closing the assembly line in Fremont marks the end of large-scale auto manufacturing...and the 20- City Composite is down 29.1%. March 31. The World Trade Organization (WTO) predicted that the volume of global merchandise trade would

Strategi Coverage, Distribution, Merchandising, Promotion Sebagai Upaya Peningkatan Sales Force Dan Revenue (Studi Kasus Pada PT. Telekomunikasi Seluler Cabang Malang)

OpenAIRE

Raka, Dyasc Achmad Hardha

2014-01-01

The purpose of this research is to clarify the application of the marketing strategies used by management to implement Coverage, Distribution, Merchandising and Promotion (CDMP) strategies as the basis for management decision in an effort to increase sales force performance and revenue. The influence of Coverage, Distribution, Merchandising and Promotion (CDMP) strategies on increasing sales force performance and revenue could look at a very significant sales sector. The locus of this resear...

The state of external equilibrium in Croatia and its long term stability

Directory of Open Access Journals (Sweden)

Dražen Derado

2002-01-01

Full Text Available From the outset of transition Croatia faces a serious problem of external imbalance as a consequence of unfinished structural and institutional reforms. The external balance crisis can be seen through raising international trade deficit and structural characteristics of trade flows. To these unfavorable characteristics belong export reorientation from developed to less developed countries, increasing number of industries in which Croatia has position of net-importer and export structure in which dominate low-value-added products. Increasing trade deficit in 2001 and 2002 followed by further growth in external indebtedness cause increasing burden of debt service and limit the possibilities for economic growth. Taking all this as well as real limits in further external imbalance growth into consideration it can be said that Croatia realizes high level of external disequilibrium. In contrast, advanced transition countries achieve fairly good and stabile external positions thanks to successful economic restructuring and strong export growth.

Student and Supervisor Perceptions of the Ethical Environment of Retail Merchandising Internship Sites.

Science.gov (United States)

Paulins, V. Ann

2001-01-01

Senior retail merchandising students (n=37) and their internship supervisors (n=25) were surveyed about ethical practices. Perceptions of ethics did not vary by internship location. Supervisors perceived their organizations to be more ethical than students did on two of five questions. (Contains 15 references.) (SK)

Time-Space Trade-Offs

DEFF Research Database (Denmark)

Pagter, Jakob Illeborg

. The area of time-space trade-offs deals with both upper and lower bounds and both are interesting, theoretically as well as practically. The viewpoint of this dissertation is theoretical, but we believe that some of our results can find applications in practice as well. The last four years has witnessed...... perspective hierarchical memory layout models are the most interesting. Such models are called external memory models, in contrast to the internal memory models discussed above. Despite the fact that space might be of great relevance when solving practical problems on real computers, no theoretical model...... capturing space (and time simultaneously) has been defined. We introduce such a model and use it to prove so-called IOspace trade-offs for Sorting. Building on the abovementioned techniques for time-space efficient internal memory Sorting, we develop the first IO-space efficient external memory Sorting...

19 CFR 146.63 - Entry for consumption.

Science.gov (United States)

2010-04-01

... 19 Customs Duties 2 2010-04-01 2010-04-01 false Entry for consumption. 146.63 Section 146.63... TREASURY (CONTINUED) FOREIGN TRADE ZONES Transfer of Merchandise From a Zone § 146.63 Entry for consumption... status may be entered for consumption from a zone. (b) Zone-restricted merchandise. Merchandise in a zone...

Airline Merchandising: Focus on leisure travel on the Finnish market

OpenAIRE

Laurila, Tarja

2015-01-01

This thesis focuses on one of current trends: merchandising. The purpose of this thesis is to find out the experiences and opinions of leisure travellers and leisure travel agents in terms of booking ancillaries for flights. Based on those findings, the aim is to find out alternative ways to boost the sales of ancillaries. The commis-sioner for this thesis is Amadeus Finland Oy and the target group is the Finnish leisure travel market. The research was conducted by creating two online su...

Alcohol-branded merchandise and its association with drinking attitudes and outcomes in US adolescents.

Science.gov (United States)

McClure, Auden C; Stoolmiller, Mike; Tanski, Susanne E; Worth, Keilah A; Sargent, James D

2009-03-01

To describe ownership of alcohol-branded merchandise (ABM) and its association with attitudinal susceptibility, initiation of alcohol use, and binge drinking. Three-wave longitudinal study. Confidential telephone survey. Representative US sample of 6522 adolescents aged 10 to 14 years at baseline survey (4309 of whom were never-drinkers at 8 months); subjects were resurveyed at 16 and/or 24 months. Main Exposures Ownership of ABM (first assessed at the 8-month survey) and attitudinal susceptibility to alcohol use. Initiation of alcohol use that parents did not know about and binge drinking (> or =5 drinks in a row). Prevalence of ABM ownership ranged from 11% of adolescents (at 8 months) to 20% (at 24 months), which extrapolates to 2.1 to 3.1 million US adolescents, respectively. Clothing and headwear comprised 88% of ABM. Beer brands accounted for 75% of items; 45% of items bore the Budweiser label. Merchandise was obtained primarily from friends and/or family (71%) but was also purchased by the adolescents themselves (24%) at stores. Among never-drinkers, ABM ownership and susceptibility were reciprocally related, each significantly predicting the other during an 8-month period. In turn, we found that ABM ownership and susceptibility predicted both initiation of alcohol use and binge drinking, while controlling for a broad range of covariates. Alcohol-branded merchandise is widely distributed among US adolescents, who obtain the items one-quarter of the time through direct purchase at retail outlets. Among never-drinkers, ABM ownership is independently associated with susceptibility to as well as with initiation of drinking and binge drinking.

Carbon trading: Literature overview

NARCIS (Netherlands)

Kerste, M.; Weda, J.; Rosenboom, N.

2010-01-01

From Pigou and Coase to the Kyoto Protocol, carbon trading has resulted in pricing of the negative externalities emanating from pollution. At the request of Duisenberg school of finance, this report highlights leading literature and empirical findings on ‘carbon trading’, amongst others addressing

Occupational Home Economics Education Series. Fabrics and Textiles Merchandising. Competency Based Teaching Module.

Science.gov (United States)

Martin, Ruth

This module, one of ten competency based modules developed for vocational home economics teachers, is based on a job cluster in fabric and textiles merchandising. It is designed for use with a variety of groups including grades 9-14 and adults. Focusing on the specific job title fabric and textiles salesperson, ten competencies and the student…

Design, effectiveness and role of visual merchandising in creating customer appeal

OpenAIRE

Pillai, Rajasekharan; Iqbal, Azmiya; Umer, Habiba; Maqbool, Aisha; Sunil, Namrata

2011-01-01

This study aims to find out how and to what extent outlets incorporate visual merchandising, that appeals to the customers and lead to a potential purchase. The survey method was followed to conduct the study and data were collected through sampling techniques from identified respondents, who were selected through convenient and judgment methods. The major findings in the light of the objectives of this project were that most of the stores need to have attractive window displays, proper store...

Análise de estratégias de merchandising em telenovelas http://dx.doi.org/10.15601/1983-7631/rt.v7n13p157-167

Directory of Open Access Journals (Sweden)

Ana Clara Oliveira Santos Garner

2015-02-01

Full Text Available A televisão é um dos meios de comunicação e entretenimento mais utilizados pela sociedade. Dentre os programas de televisão mais assistidos no Brasil temos as telenovelas. Além de desenvolverem teledramaturgias de qualidade, também são utilizadas como o principal veículo de merchandising, no intuito de divulgar e estimular a compra de produtos e serviços. Este artigo faz uma análise do merchandising nas telenovelas da Rede Globo Sangue Bom e Amor à Vida. Seu objetivo foi identificar as principais ferramentas de merchandising usadas nas telenovelas, a fim de influenciar nos hábitos de consumo e comportamento dos telespectadores. A metodologia empregada foi a análise de conteúdo, por meio de categorias de análise.Palavras-chave: Telenovela; Rede Globo; Merchandising

Environmental trade-offs of tunnels vs cut-and-cover subways

Science.gov (United States)

Walton, M.

1978-01-01

Heavy construction projects in cities entail two kinds of cost - internal cost, which can be defined in terms of payments from one set of parties to another, and external cost, which is the cost borne by the community at large as the result of disutilities entailed in construction and operation. Environmental trade-offs involve external costs, which are commonly difficult to measure. Cut-and-cover subway construction probably entails higher external and internal cost than deep tunnel construction in many urban geological environments, but uncertainty concerning the costs and environmental trade-offs of tunneling leads to limited and timid use of tunneling by American designers. Thus uncertainty becomes a major trade-off which works against tunneling. The reverse is true in Sweden after nearly 30 years of subway construction. Econometric methods for measuring external costs exist in principle, but are limited in application. Economic theory based on market pressure does not address the real problem of urban environmental trade-offs. Nevertheless, the problem of uncertainty can be addressed by comparative studies of estimated and as-built costs of cut-and-cover vs tunnel projects and a review of environmental issues associated with such construction. Such a study would benefit the underground construction industry and the design of transportation systems. It would also help solve an aspect of the urban problem. ?? 1978.

U.S.-South Korea Relations

Science.gov (United States)

2012-05-15

After Realignment Plan Is Implemented................................................... 22 Tables Table 1. Annual U.S.-South Korea Merchandise ...In addition to their formal dinner, Obama and Lee had a private dinner at a local Korean restaurant and made a joint visit to a General Motors...U.S. trade. Table 1. Annual U.S.-South Korea Merchandise Trade, Selected Years (Billions of Nominal U.S. Dollars) Year U.S. Exports U.S. Imports

Report on the proposal for a Council directive (EURATOM) on the management of spent nuclear fuel and radioactive waste - Committee on Industry, External Trade, Research and Energy

International Nuclear Information System (INIS)

2006-01-01

By letter of 13 May 2003 the Council consulted Parliament, pursuant to Articles 31 and 32 of the EURATOM Treaty, on the proposal for a Council directive (EURATOM) on the management of spent nuclear fuel and radioactive waste (COM(2003) 32 - 2003/0022(CNS)). At the sitting of 15 May 2003 the President of Parliament announced that he had referred the proposal to the Committee on Industry, External Trade, Research and Energy as the committee responsible and the Committee on the Environment, Public Health and Consumer Policy for its opinion (C5-0229/2003). The Committee on Industry, External Trade, Research and Energy appointed Alejo Vidal-Quadras Roca Rapporteur at its meeting of 22 May 2003. The committee considered the Commission proposal and draft report at its meetings of 9 July, 9 September, 6 October, 3 November and 27 November 2003. At the last meeting it adopted the draft legislative resolution by 36 votes to 7, with 2 abstentions. The opinion of the Committee on the Environment, Public Health and Consumer Policy is attached. The report was tabled on 1 December 2003

Female Intense Curricula: Fashion Merchandising in Home Economics and Associated Programs in Higher Education.

Science.gov (United States)

Mikitka, Kathleen Faith; Van Camp, Mary Lou

A study was done of higher education curricula with substantial enrollment by women (such as fashion merchandising and home economics) to examine the context and substance of the curricula, to identify infrastructures that have supported these programs, and to probe issues that face administrators, faculty and students engaged in such programs.…

Trade Integration Effects in ASEAN Countries

Directory of Open Access Journals (Sweden)

Yana Valeryevna Dyomina

2015-09-01

Full Text Available The paper examines evolution of trade integration process in ASEAN. The author employs three methods in order to evaluate the degree of ASEAN‘s trade integration that has been achieved over two decades since the signing of the Association of South-East Asian Nations Free Trade Area Agreement (AFTA in 1992. The high degree of trade integration among member states allows moving to the next stage of international economic integration (ASEAN countries are going to form ASEAN Community (the Common Market by the 1st of January 2016. So the study assesses the ASEAN’s preparedness to the Common Market by determining the share of mutual (intraregional trade, regional trade intensity index (RTII and trade integration effects (trade creation and trade diversion effects for each member state, 2 groups of ASEAN countries (ASEAN-6 and ASEAN-4 and the Association as a whole. The paper shows that despite the increase in the share of intraregional trade during the years of the AFTA functioning, the member states of ASEAN still demonstrate low levels of trade integration: a 75% of the Association’s external trade focuses on extra regional partners; b ASEAN as a whole has the low volume of RTII and among its member states only Singapore has the high one; c trade diversion effect prevails over trade creation one

Trade Finance and Trade Collapse during the Global Financial Crisis: Evidence from the Republic of Korea

Directory of Open Access Journals (Sweden)

E. Young Song

2014-12-01

Full Text Available This study examines the role of trade finance in the trade collapse of 2008-09 from the perspective of the Korean economy. We use two approaches. Firstly, as background to a more formal analysis, we make a casual observation on the behavior of aggregate data on trade finance, on which Korea has relatively abundant data. Aggregate data do not convincingly support the view that trade finance played an active role in causing the trade collapse. The measures of trade finance and the value of trade both dropped sharply, but the ratio of trade finance over trade was stable and in some cases increased during the crisis period. Secondly, using quarterly data on listed firms in Korea, we conduct panel estimations to test whether firms that are more dependent on external finance experienced greater export contraction during the crisis. Our regression analysis suggests that the financial vulnerability of firms, measured by various financial ratios, did not contribute to export contraction during the financial crisis. This observation largely applies even to smaller firms, who are usually thought of as being more vulnerable financially. However, we find that small exporters that relied heavily on cross-border trade payables or receivables suffered larger drops in export growth during the crisis.

78 FR 41129 - Market Test of Experimental Product - International Merchandise Return Service-Non-Published Rates

Science.gov (United States)

2013-07-09

...--Non-Published Rates AGENCY: U.S. Postal Service\\TM\\. ACTION: Notice. SUMMARY: The Postal Service hereby gives notice of a market test for International Merchandise Return Service--Non-Published Rates in... Return Service (IMRS) Non-published Rate (NPR) experimental product on August 15, 2013. The Postal...

19 CFR 12.150 - Merchandise prohibited by economic sanctions; detention; seizure or other disposition; blocked...

Science.gov (United States)

2010-04-01

...; detention; seizure or other disposition; blocked property. 12.150 Section 12.150 Customs Duties U.S. CUSTOMS...; detention; seizure or other disposition; blocked property. (a) Generally. Merchandise from certain countries... the United States shall be detained until the question of its release, seizure, or other disposition...

Does Trade Help to Explain Tourism Demand? The Case of Portugal

OpenAIRE

Nuno Carlos LEITÃO

2010-01-01

The tourism industry has expanded in recent years due to internal and external environmental forces. These forces, income, trade, consumer price, and geographical distance are interconnected. Accounting for imperfect competition and increasing returns to scale, the new trade theory offers the explanation of dynamic gains from international trade. A large number of studies attempt to test the hypothesis that there is a link between trade and tourism. Most of the studies show that trade and tou...

Regulation of health practitioners by trade practices and fair trading legislation.

Science.gov (United States)

Freckelton, Ian

2009-02-01

In a variety of situations, particularly those characterised by commerciality, corporate structures and unregistered practitioners, there are major limitations to traditional regulation by health boards and councils, as well as hearings by external tribunals. Part of the difficulty lies with the ability of external bodies to award compensation to complainants/notifiers proved to have suffered adverse consequences from proven unprofessional conduct. This column advances suggestions for reform of the powers of external tribunals to redress this deficit. It also reviews the benefits of an associated form of regulation by the Australian Competition and Consumer Commission and offices of fair trading to enable consumer protection. It reviews recent decisions in the Federal Court of Australia and the Supreme Court of Victoria in such matters as well as recommendations in 2008 by the Victorian Health Services Commissioner.

Merchandising at the point of sale: differential effect of end of aisle and islands

Directory of Open Access Journals (Sweden)

Álvaro Garrido-Morgado

2015-01-01

Full Text Available Merchandising at point of sale comprises a set of techniques aimed at encouraging the purchase at the point of sale. This paper analyzes the impact on sales of two of these techniques, especially used in the context of non-specialized food stores and rarely distinguished in academic research: (1 the presentation of product in the ends of the aisles or main aisles, leading from the side aisle access and, (2 the presentation of the product in islands within the main aisles. This research combines cross-sectional and longitudinal data and analyzes specific information on sales and commercial stimulus for all references in two large categories of products from a hypermarket over ten weeks. Results show that both the ends of aisle and the islands have a positive effect on sales and their relative importance depends on the nature of the category analyzed. There are also greater synergies between ends of aisle and price promotions. Finally, the results provide some evidence into the impact of the extension or termination of these merchandising stimuli.

The competences of European Union institutions in the trade policy (Lisbon Treaty

Directory of Open Access Journals (Sweden)

Margareta Timbur

2010-12-01

Full Text Available The European Union is the best known at the world’s leading trade power and the common trade policy is the core of EU external relations. The events of the last years and the extension of the EU to 27 member proved that the functioning system could no longer continue and was requiring a new institutional framework. The Lisbon Treaty was the right solution. It purposes are to bring changes for the citizens, institutions, external relations foe the consolidation of democracy in EU. This paper attempts to provide an overview of the major revisions introduced by the Treaty of Lisbon regarding the trade policy. Also, it analyses the extension and clarification of EU competence, the greater role of the European Parliament and the inclusion of investment policy in trade policy, the voting rules in trade area and the international negotiation of trade agreements. The study describes, as well, the impact of Lisbon Treaty implementation on the MS which are independent nations, but without power of decision in the common trade policy.

The European Union’s external trade policy after the Treaty of Lisbon: a neo-gramscian perspective

Directory of Open Access Journals (Sweden)

Ilko Ihor

2015-07-01

Full Text Available This paper applies neo-Gramscian theory to analyze the European Union’s external trade policy after the ratification of the Treaty of Lisbon in 2009. It argues that despite the claim that procedural and institutional changes which took place as a result of the ratification of the Treaty serve the general interest of the EU citizens, they were in fact orchestrated by the European transnational capitalist class and serve primarily interests of this group. Paper starts by outlining key institutional and procedural changes introduced by the Treaty of Lisbon, briefly outlining their implications for the EU. Further on, rationale for these changes is explained by focusing on socio-economic developments that took place in the EU during the past couple of decades. After outlining how the current hegemonic bloc was established, paper proceeds with explaining why the implemented changes were so important for the dominant in the EU social forces.

Reconciling regulatory space with external accountability through WTO adjudication : trade, environment and development

NARCIS (Netherlands)

Weimer, M.

2017-01-01

This article argues in favour of broadening the trade and environment debate in the World Trade Organization (WTO) to include a developmental perspective. WTO litigation involving environmental regulation touches upon the issue of global justice and the power asymmetries structurally embedded in the

Factors affecting the merchandising of hardwood logs in the southern tier of New York

Science.gov (United States)

John E. Wagner; Bryan Smalley; William Luppold

2004-01-01

In many areas of the eastern United States, hardwood boles are sawn into logs and then separated by product before proceeding to future processing. This type of product merchandising is facilitated by large differences in the relative value of hardwood logs of different species and grades. The objective of this study was to analyze the factors influencing the...

Current merchandising practices and characteristics of beef wholesale rib usage in three U.S. cities.

Science.gov (United States)

Wulf, D M; Romans, J R; Costello, W J

1994-01-01

Packers/processors, supermarket meat managers, and restaurant meat purchasers were surveyed to determine industry utilization of the beef wholesale rib. Nine packer/processors representing > 52% of the U.S. steer-heifer slaughter reported that more than two-thirds (68.5%) of the ribs were wholesaled as ribeye, lip-on (IMPS 112A) subprimals and that its predominance in the market makes it the standard for pricing. For merchandising variations of this cut (e.g., ribeye, lip-off), packer prices are adjusted to lip-on bases according to the relative yield. Excess fat was the most common complaint about ribeye steaks, reported by 78% of the packer/processors. In particular, 71% of them reported the "kernel" fat near the center of a ribeye steak between the longissimus and spinalis dorsi muscles is quite difficult to trim out and represents the greatest problem in merchandising. Forty-two percent of supermarket meat managers and 58% of restaurant meat purchasers thought the fat content of beef ribeyes discouraged consumers from purchasing all beef. Kernel fat was specifically cited by 36% of the restaurateurs. Alternative merchandising strategies should be employed to minimize the negative value effects of kernel fat. Even with excess fat being a concern to approximately half of the beef rib buyers, most still bought lip-on ribeyes and trimmed excess fat away. Apparently, they made this choice of lower price per weight, even though price per trimmed serving might be similar to lip-off ribeyes. Excess fat is being transported from packer/processor to buyers in the form of lip-on ribeyes because of the price relationships.(ABSTRACT TRUNCATED AT 250 WORDS)

TERMS OF TRADE EVOLUTION, CAUSES AND EFFECTS: CASE STUDY ROMANIA

Directory of Open Access Journals (Sweden)

Negrea Adrian

2014-12-01

Full Text Available Terms of trade are meant to show the ratio by which a country is different in the level and dynamics of revenues from the exchange made by different categories of products on the external markets. The level of recorded revenues from the commercialization of products and services varies from country to country, and there is rarely a mutually beneficial exchange situation from these operations. Trade efficiency analysis lies in the determination of the terms of trade. In the current paper, international developments are analyzed based on net terms of trade index used by UNCTAD. Statistical data are provided by the World Bank, where export and import price index and the volume of imports and exports by countries were considered. The classification of the countries has been done according to the geographical orientation and based on the purchasing power parity, thus creating two tables, the first table highlighting seven regions, and the second table with seven categories of states including OPEC and non-OPEC members. The terms of trade evolution are influenced by certain important factors in the production process of goods and services. Some of these factors are mentioned: labour productivity; changes in commodity prices; yet, only the last factor is examined in this paper. Based on World Bank commodity price data, the evolution of major energy inputs such as crude oil, gas, coal, and major industrial raw materials such as aluminium, copper, lead, nickel, tin, zinc, silver, gold, platinum and iron was analysed and interpreted. For Romania, the data on terms of trade evolution shows a dramatic situation. If terms of trade development presented a cyclical evolution, the economy as a whole would send an optimistic message. In contrast, the data presented in the following paper will show that our country has registered continuous depreciation of the terms of trade ratio, with a direct impact on external trade balance deficits, a rising external debt

Excess heat from kraft pulp mills: Trade-offs between internal and external use in the case of Sweden-Part 1: Methodology

International Nuclear Information System (INIS)

Svensson, Inger-Lise; Joensson, Johanna; Berntsson, Thore; Moshfegh, Bahram

2008-01-01

Excess heat from a kraft pulp mill can be used either internally to increase the level of efficiency in the mill, or externally for example as district heating. This paper presents an approach to investigate the competition between external and internal use through modelling the pulp mill and an energy company (ECO) within the same system boundary. Three different sizes of ECOs with different district heating demands are studied. To investigate the competitiveness of using industrial excess heat as district heating compared with other heat production techniques, the option of investing in excess heat use is introduced, along with the possibility for the ECO to invest in biomass combined heat and power (CHP), waste CHP and natural gas combined cycle (NGCC). To evaluate the robustness of the model, alternative solutions are identified and will be used as a comparison to the optimal solutions. The model has been verified by comparing the results with previous studies concerning kraft pulp mills and with related studies regarding district heating and real ECOs. Finally, the approach presented in this part of the study will be used in the second part in order to investigate the trade-off between internal and external use of excess heat under different future energy market scenarios

International nuclear trade and nonproliferation

International Nuclear Information System (INIS)

Potter, W.C.

1990-01-01

The purpose of this book, the culmination of one phase of an ongoing international research project on nuclear suppliers and nonproliferation, is to explore the international political and economic dimensions of nuclear trade, especially as they pertain to the behavior of eleven emerging nuclear-supplier states. More specifically, the book sets forth a conceptual framework for analyzing international nuclear trade; details the domestic and external factors that shape the nuclear export policies of Argentina, Brazil, India, Israel, Japan, Pakistan, the People's Republic of China, South Korea, South Africa, Spain and Taiwan; and identifies and assesses alternative strategies for containing the new proliferation risks posed by these emerging suppliers. The book also describes an innovative effort to utilize a computer-based system for tracking international nuclear trade

THE ESSENCE OF THE EFFECTIVE MERCHANDISING WHEN PROMOTING A PRIVATE LABEL PRODUCT

OpenAIRE

Майковська, Вікторія Ігорівна; Солониченко, Тетяна Сергіївна

2014-01-01

The need for own goods mark is disclosed in the article in conditions of competitive retail market. The competitive benefits are grounded which the own brand affords. Characteristic features and peculiarities of the own goods mark are defined. The experience of Private Label applying in the world, Europe and Ukraine is analyzed. The lack of problem development of merchandising effectiveness study in the promoting process of Private Label products is specified. The tasks to make the analysis o...

The external sector of the Serbian economy

Directory of Open Access Journals (Sweden)

Ristanović Vladimir

2016-01-01

Full Text Available The aim of this paper is to show the external sector of the Serbian economy, its features and peculiarities, as well as anomalies that afflicted it for years. In the analysis, data acquired from the Statistical Office of the Republic of Serbia will be used, as well as the official international methodology. The text will include the analysis of the structure of the external sector, market share, competitive position of Serbian economy and export products according to sectors of the economy and factor intensity. Since 2000, the structure of production and exports of the Serbian economy shows low comparative advantages and competitive position throughout the world. Unfavorable structure of the sectors, departments and the product groups affected the deepening of external imbalances and high foreign trade deficit. Exports of technology of predominantly low intensity, resources, and labor-intensive products, common for Serbian economy, represent no guarantee of economic growth in the long term. The causes of external imbalances should be sought in the absence of adequate export strategy, as well as in high speed of liberalization of foreign trade flows and exchange rate policy.

Risk-trading in flood management: An economic model.

Science.gov (United States)

Chang, Chiung Ting

2017-09-15

Although flood management is no longer exclusively a topic of engineering, flood mitigation continues to be associated with hard engineering options. Flood adaptation or the capacity to adapt to flood risk, as well as a demand for internalizing externalities caused by flood risk between regions, complicate flood management activities. Even though integrated river basin management has long been recommended to resolve the above issues, it has proven difficult to apply widely, and sometimes even to bring into existence. This article explores how internalization of externalities as well as the realization of integrated river basin management can be encouraged via the use of a market-based approach, namely a flood risk trading program. In addition to maintaining efficiency of optimal resource allocation, a flood risk trading program may also provide a more equitable distribution of benefits by facilitating decentralization. This article employs a graphical analysis to show how flood risk trading can be implemented to encourage mitigation measures that increase infiltration and storage capacity. A theoretical model is presented to demonstrate the economic conditions necessary for flood risk trading. Copyright © 2017 Elsevier Ltd. All rights reserved.

The Evolution of the Romanian Trade Balance in the Trade

Directory of Open Access Journals (Sweden)

Terzea Elena Ramona

2014-09-01

Full Text Available The present paper aims to analyse the evolution of the trade balance of Romania with the European Union Member States during the 22 years of transition from a centralised system to a democratic economic and social system and an efficient market economy. Nearly 25 years after the events of 1989, Romania has made great steps in order to resettle the entire economic system and to transform it into a functional one. However, the path was filled with inconsistent decisions and with a repositioning of the trajectory dictated by internal or external pressures. The research focuses on a brief analysis of the evolution of the trade between Romania and the EU Member States to determine the effect the integration had on the structural discrepancies between exports and imports.

Reliability assessment of a multistate freight network for perishable merchandise with multiple suppliers and buyers

Science.gov (United States)

Lin, Yi-Kuei; Yeh, Cheng-Ta; Huang, Cheng-Fu

2017-01-01

This study develops a multistate freight network for single and perishable merchandise to assess the freight performance, where a node denotes a supplier, a distribution centre, or a buyer, while a logistics company providing a freight traffic service is denoted by an edge. For each logistics company, carrying capacity should be multistate since partial capacity may be reserved by some customers. The merchandise may perish or be perished during conveyance because of disadvantageous weather or collision in carrying such that the number of intact cargoes may be insufficient for the buyers. Hence, according to the perspective of supply chain management, the reliability, a probability of the network to successfully deliver the cargoes from the suppliers to the buyers subject to a budget, is proposed to be a performance index, where the suppliers and buyers are not the previous customers. An algorithm in terms of minimal paths to assess the reliability is developed. A fruit logistics case is adopted to explore the managerial implications of the reliability using sensitivity analysis.

Globalization Crises, Trade,and Development in Vietnam

DEFF Research Database (Denmark)

Abbott, Philip; Tarp, Finn

Vietnam has been among the most successful East Asian economies, especially in weathering the external shocks of recent globalization crises—the 1997-98 Asian financial crisis and the 2008-09 great recession, financial crisis and collapse of global trade. Its success contradicts its characterizat......Vietnam has been among the most successful East Asian economies, especially in weathering the external shocks of recent globalization crises—the 1997-98 Asian financial crisis and the 2008-09 great recession, financial crisis and collapse of global trade. Its success contradicts its...... that dependence and bolster the domestic economy while continuing to restructure the economy toward greater emphasis on the private sector. Growth, employment and poverty alleviation have been maintained at the expense of renewed inflation, larger budget deficits, and currency depreciation. The ‘stop-go’ nature...

Influence of External Factors on the Taiwan Stock Exchange

OpenAIRE

Chin-Wen Huang

2014-01-01

Due to the small market size and the low trading volume, emerging markets are, in general, shallow and easily affected by external factors such as the capital flows from foreign portfolio investment and the stock market fluctuations of their major trading partners. This study attempts to investigate how foreign portfolio investment and the trading partner’s equity market affect the local stock market and whether such impacts are persistent through time. Adopting the GARCH-EVT-Copula approac...

THE CURRENT STATE OF CLOTHING TRADE IN THE BALKAN COUNTRIES

Directory of Open Access Journals (Sweden)

TRIPA Simona

2017-05-01

Full Text Available The study presented here is aimed at analysing the current state of clothing trade in the Balkan states. The dynamics of change over a 15‐year period following economic reforms are revealed. The clothing industries play a significant role and continue to contribute to the economic prosperity of countries with an inexpensive labour force. For most Balkan States clothing’s export plays an important role in promoting economic growth and development – for example, exports of garments Albania was in 2015, 16.81% of its exports, Republic of Macedonia 11.75% of its exports, in Turkey10.51% etc. The main factors which influence the level of competitiveness of clothing products from the Balkans are the gross value added per employee and wages. When the producers of the Balkan countries will create products with higher added value in garment industry the competitiveness of these countries will decrease. Also rising wages in this industry, as a result of trade union pressure or government policy, will lead to decreasing competitiveness of these products on the EU market and implicitly to the decrease of exports of garments from these countries. The main challenges that must face the Balkan States are related to restructuring of economic system, changing trade markets and patterns, declining of domestic demand of most merchandise, reduction of competitive ability, narrow export base, and lower economies of scale. The main opportunities that most of these countries can exploit are related to their geographical position, membership of the EU market, infrastructure in garment sector, and highly skilled workforce.

Malaysia: Political, Security, Economic, and Trade Issues Considered

National Research Council Canada - National Science Library

Vaughn, Bruce; Martin, Michael

2007-01-01

This report discusses key aspects of the U.S.-Malaysia relationship, including economics and trade, counterterrorism cooperation, defense ties, and Malaysia's external posture as it affects Amen can interests...

Externality or sustainability economics?

International Nuclear Information System (INIS)

Bergh, Jeroen C.J.M. van den

2010-01-01

In an effort to develop 'sustainability economics' Baumgaertner and Quaas (2010) neglect the central concept of environmental economics-'environmental externality'. This note proposes a possible connection between the concepts of environmental externality and sustainability. In addition, attention is asked for other aspects of 'sustainability economics', namely the distinction weak/strong sustainability, spatial sustainability and sustainable trade, distinctive sustainability policy, and the ideas of early 'sustainability economists'. I argue that both sustainability and externalities reflect a systems perspective and propose that effective sustainability solutions require that more attention is given to system feedbacks, notably other-regarding preferences and social interactions, and energy and environmental rebound. The case of climate change and policy is used to illustrate particular statements. As a conclusion, a list of 20 insights and suggestions for research is offered. (author)

Factors Shaping Agri-food Product Trade in Poland

Directory of Open Access Journals (Sweden)

Piotr Bórawski

2015-01-01

Full Text Available The objective of the paper is to recognize the role of internal and external factors in the trade balance. The analysis of the trade balance is useful to help formulate goals and premises of economy policy to properly allocate production means to eliminate the negative effects of trade liberalization. The authors have studied data about trade of agricultural commodities in the years 2000–2010. To measure the impact of macroeconomic variables used a regression model. The macroeconomic factors included: X1 (inflation, X2 (investment in agriculture and hunting, X3 (GDP and X4 (exchange rate and X5 (FAO food price index. We wanted to recognize the impact of macroeconomic factors on: Y1 (total export, Y2 (total import, Y3 (trade balance.

Virtual water trade and development in Africa

Science.gov (United States)

Konar, Megan; Caylor, Kelly

2014-05-01

A debate has long existed on the relationships between human population, natural resources, and development. Recent research has expanded this debate to include the impacts of trade; specifically, virtual water trade, or the water footprint of traded commodities. We conduct an empirical analysis of the relationships between virtual water trade, population, and development in Africa. We find that increases in virtual water imports do not lead to increases in population growth nor do they diminish human welfare. We establish a new index of virtual water trade openness and show that levels of undernourishment tend to fall with increased values of virtual water trade openness. Countries with small dam storage capacity obtain a higher fraction of their agricultural water requirements from external sources, which may indicate implicit `infrastructure sharing' across nations. Globally, increased crop exports tends to correlate with increased crop water use efficiency, though this relationship does not hold for Africa. However, internal African trade is much more efficient in terms of embodied water resources than any other region in the world. Thus, internal African trade patterns may be compensating for poor internal production systems.

Virtual water trade and development in Africa

Directory of Open Access Journals (Sweden)

M. Konar

2013-10-01

Full Text Available A debate has long existed on the relationships between human population, natural resources, and development. Recent research has expanded this debate to include the impacts of trade; specifically, virtual water trade, or the water footprint of traded commodities. We conduct an empirical analysis of the relationships between virtual water trade, population, and development in Africa. We find that increases in virtual water imports do not lead to increases in population growth nor do they diminish human welfare. We establish a new index of virtual water trade openness and show that levels of undernourishment tend to fall with increased values of virtual water trade openness. Countries with small dam storage capacity obtain a higher fraction of their agricultural water requirements from external sources, which may indicate implicit "infrastructure sharing" across nations. Globally, increased crop exports tend to correlate with increased crop water use efficiency, though this relationship does not hold for Africa. However, internal African trade is much more efficient in terms of embodied water resources than any other region in the world. Thus, internal African trade patterns may be compensating for poor internal production systems.

76 FR 5822 - Orange Juice From Brazil

Science.gov (United States)

2011-02-02

... and demand conditions or business cycle for the Domestic Like Product that have occurred in the United... of business proprietary information (BPI) under an administrative protective order (APO) and APO... Merchandise, a foreign producer or exporter of the Subject Merchandise, a U.S. or foreign trade or business...

Review of inter-utility trade in electricity

International Nuclear Information System (INIS)

1994-01-01

In 1992, Canada's National Energy Board released two discussion papers on inter-utility trade. Responses to the papers were received from utilities, government agencies, and other interested parties with regard to questions concerning measures that could be taken to enhance interprovincial trade in electricity and to enable buyers and sellers of electricity to obtain commercial access to available transmission capacity through intermediate provinces for wheeling purposes. The Board's review had estimated long-term net benefits from enhanced inter-utility cooperation at $23-32.5 billion by the year 2000 from such types of transactions as seasonal diversity exchanges and long-term firm sales. Seven types of options to achieve enhanced inter-utility trade were identified. Most of the respondent utilities and provinces that have direct access to external markets tended to prefer the status quo, opposing mandated solutions but supporting (or at least not opposing) federal monitoring of progress on enhanced inter-utility cooperation. Provinces and utilities without direct access to external markets tended to support (as a last resort) mandated solutions to disputes concerning electricity trade. Since the Board review, important events in the North American electricity supply industry have occurred; these are described, focusing on the US Energy Policy Act that gives powers to order transmission access. The formation by US utilities of regional transmission groups (RTGs) with federal encouragement is discussed, along with the implications for Canadian utilities that may want to become members of particular RTGs. The advantages and drawbacks of selecting the various options for enhancing inter-utility trade are then summarized. 1 tab

Validated Competency Task Lists for General Merchandise Retailing, Food Service Management, and Business and Personal Services Marketing.

Science.gov (United States)

Faught, Suzanne G.

This publication contains competency task lists that address principal entry-level and career-sustaining jobs in the occupational categories of general merchandise retailing, food service management, and business and personal services marketing. Section I, Development of the Competency Task Lists, provides details on how the competencies were…

Mississippi Curriculum Framework for Marketing and Fashion Merchandising (Program CIP: 08.0705--General Retailing Operations). Secondary Programs.

Science.gov (United States)

Mississippi Research and Curriculum Unit for Vocational and Technical Education, State College.

This document, which reflects Mississippi's statutory requirement that instructional programs be based on core curricula and performance-based assessment, contains outlines of the instructional units required in local instructional management plans and daily lesson plans for marketing I-II and fashion merchandising. Presented first are a program…

Validation of the Consumer Values versus Perceived Product Attributes Model Measuring the Purchase of Athletic Team Merchandise

Science.gov (United States)

Lee, Donghun; Byon, Kevin K.; Schoenstedt, Linda; Johns, Gary; Bussell, Leigh Ann; Choi, Hwansuk

2012-01-01

Various consumer values and perceived product attributes trigger consumptive behaviors of athletic team merchandise (Lee, Trail, Kwon, & Anderson, 2011). Likewise, using a principal component analysis technique on a student sample, a measurement scale was proposed that consisted of nine factors affecting the purchase of athletic team…

Systems for carbon trading. An overview

International Nuclear Information System (INIS)

Hasselknippe, Henrik

2003-12-01

This paper focuses on the increasing number of regional, national and international systems for trading and transfer of greenhouse gas emission allowances and emission reduction credits. The paper will serve as a platform for further discussions on the development of the international carbon trading market. The analysis builds on the International Emissions Trading Association (IETA) Trading Schemes Database, which has been developed by Point Carbon, covering all known trading schemes and programs. A full overview of all existing trading schemes and proposals is presented, showing inter alia the outreach and judicial nature of the systems, the range and nature of emission reduction or credit purchase targets, allocation methods used, links to external systems, and possibilities for the use of project-based credits. A comparative assessment is performed on a number of design criteria, allowing for conclusions to be drawn on the level of harmonisation of these systems, and the identification of convergence or divergence of important operational features. The systems covered in the analysis display considerable variation when it comes to key design criteria and functionality. A rapid integration of many of the planned and active systems seems likely following the agreement on the EU emissions trading scheme, and will be further accelerated if the Kyoto Protocol is ratified

Trade across frontiers: an overview of International trade before the advent of modern economic system in Nigeria

Directory of Open Access Journals (Sweden)

Aboyade Sunday Ariyo

2015-03-01

Full Text Available El área ahora designadaNigeria tiene una larga historia de las comunidades de comercio a través de las fronteras con las tierras vecinas y distantes mucho antes de la llegada de los europeos y la introducción de los modernos sistema de comercio internacional. Las diversas organizaciones políticas que surgieron y que controlan diferentes partes de la zona participa-ron y se beneficiaron de manera efectiva del comercio de larga distancia, lo que les dio la oportunidad de intercambiar sus excedentes por lo que les faltaba, pero que estaba disponible en otros lugares, lejos o cerca. Con referencia a la naturaleza del medio ambiente de Nigeria, la especialización regional, las relaciones de comercio exterior y la capacidad de la economía tradicional, este trabajo examina el comercio internacional de la Nigeria precolonial y su im-pacto en la economía. Se concluye que la distorsión del comercio interregional y de la estructura de la economía nigeriana precolonial comenzó con la penetración gradual de los euro-peos en el interior del país para llevar a cabo la compra directa de palma a los productores después de la abolición del comercio de esclavos.     Palabras clave: Comercio, Comercio internacional, el comercio a larga distancia, el comercio exterior, la economía nigeriana.  _____________________ Abstract: The area now designated Nigeria has a long history of communities trading across frontiers with neighbours and distant lands long be-fore the arrival of the Europeans and the introduction of modern international trading system. The various polities that emerged and con-trolled different parts of the area participated effectively and benefited from long distance trade, which afforded them the opportunity to exchange their abundance for what they lacked but which was available elsewhere whether far or near. With reference to the nature of the Nigerian environment, regional specialisation, external trade relations and the capacity

Minutes of Proceedings and Evidence of the Standing Committee on External Affairs and International Trade Respecting: Pursuant to Standing Order 108(2), consideration of nuclear dumping and testing in the Russian Arctic

International Nuclear Information System (INIS)

1993-01-01

The Standing Committee on External Affairs and International Trade met to consider the nuclear dumping and testing in the Russian Arctic. Canada is concerned about the environmental effects of the radioactive waste to the marine environment. The safe dismantlement of nuclear weapons or reactors is of major concern

Minutes of Proceedings and Evidence of the Standing Committee on External Affairs and International Trade Respecting: Pursuant to Standing Order 108(2), consideration of nuclear dumping and testing in the Russian Arctic

Energy Technology Data Exchange (ETDEWEB)

NONE

1994-12-31

The Standing Committee on External Affairs and International Trade met to consider the nuclear dumping and testing in the Russian Arctic. Canada is concerned about the environmental effects of the radioactive waste to the marine environment. The safe dismantlement of nuclear weapons or reactors is of major concern.

Do Austerity Measures Harm International Trade?

Directory of Open Access Journals (Sweden)

Dorin Iulian CHIRIŢOIU

2015-06-01

Full Text Available This paper focuses on the trade relations between Romania and the PIIGS (Portugal, Italy, Ireland, Greece, and Spain in order to verify whether the exports of Romania have been positively or negatively affected by the austerity measures adopted by these Eurozone periphery countries, thus diminishing Romania’s export performance in such markets. Hence, our main research question is whether austerity measures harm or affect in any way the inflows and outflows of international trade in the studied countries. To assess this hypothesis, we focused on the external trade relations, and their linkages with the macroeconomic environment, rather than the competitiveness of a state explained by a detailed sectoral analysis. In this respect, we use comparative and descriptive statistics in order to observe the consequences of the internal devaluation, and implicitly austerity measures, on the PIIGS-Romanian trade relations. Our findings suggest that the effects of austerity measures are not homogenous because they depend on the scale of trade exchanges and on the way in which the austerity measures were applied.

Die beweging van 'n gekommersialiseerde karakter in geselekteerde jurisdiksies / M. Spamer

OpenAIRE

Spamer, Minene

2004-01-01

The economic system of South Africa is based on capitalism. This implies the application of free trade and fair competition, but it is up to the law to regulate this system. The import and export of goods subject to character merchandising are one of the growing industries of the twenty first century. Thus, it is very important to character merchandisers to be able to protect their goods against infringement. Character merchandising may be defined as the business of merchandisi...

ASEAN’s Preferential Trade Agreements (PTA Strategy

Directory of Open Access Journals (Sweden)

Guanyi Leu

2011-01-01

Full Text Available This paper provides a diversification explanation in order understand the development of PTAs in Southeast Asia. I argue that an important reason why ASEAN states participate in PTAs has been to diversify existing trade ties and to reduce overdependence on a narrow range of export markets. Southeast Asian countries have formed PTAs with markets with which they had weak or unexplored economic relations, as demonstrated by three case analyses: the ASEAN Free Trade Area (AFTA, the ASEAN-China Free Trade Agreement (ACFTA and the ASEAN-Japan Comprehensive Economic Partnership Agreement (AJCEP. To maximise the economic gains and the diversification effects of PTA participation, ASEAN countries have pursued a strategy of strengthening economic unity while keeping external economic linkages as diversified as possible. Although East Asia, and especially China, was an important alternative market to reduce ASEAN’s dependence on trade with America, ASEAN countries have also pursued PTAs with a number of other trading partners. This paper explains how PTAs have helped ASEAN states to develop more policy autonomy in their trading environment.

Antecedents of Taiwanese adolescents' purchase intention toward the merchandise of a celebrity: the moderating effect of celebrity adoration.

Science.gov (United States)

Chiou, Jyh-Shen; Huang, Chien-Yi; Chuang, Min-Chieh

2005-06-01

The purpose of the present study was to investigate the relative importance of adolescents' attitude toward an act (the degree to which the person had a favorable or unfavorable evaluation or appraisal of the act's behavior in question), perceived norm, and perceived behavioral control in predicting Taiwanese adolescents' intention to purchase the merchandise of a celebrity when they had different levels of celebrity adoration. The present results showed that the relative strengths of attitude toward the act and the perception of behavioral control in predicting purchase intention toward the merchandise of a celebrity were stronger for adolescents in the celebrity adoration group than for adolescents in the celebrity nonadoration group. On the other hand, the relative importance of the perceived norm in predicting the attitude toward the act and the purchase intention was stronger for adolescents in the celebrity nonadoration group than for adolescents in the celebrity adoration group.

Agglomeration Premium and Trading Activity of Firms

OpenAIRE

Gabor Bekes; Peter Harasztosi

2010-01-01

Firms may benefit from proximity to each other due to the existence of several externalities. The productivity premia of firms located in agglomerated regions an be attributed to savings and gains from external economies. However, the capacity to absorb information may depend on activities of the firm, such as involvement in international trade. Importers, exporters and two-way traders are likely to employ a different bundle of resources and be organised differently so that they would appreci...

Stock in Trade: The Role of English in International Trade Proceedings.

Science.gov (United States)

Cremer, Rolf D.; Willes, Mary J.

1991-01-01

Examines the use of English by merchandisers in Macao, where the required proficiency exceeds that these individuals can be expected to possess. Examples of serious language mistakes are given and contextual and other clues are identified. Possible solutions for these problems are suggested and potential directions of further enquiry are explored.…

Vulnerability of countries to food-production crises propagating in the virtual water trade network

Science.gov (United States)

Tamea, S.; Laio, F.; Ridolfi, L.

2015-12-01

In recent years, the international trade of food and agricultural commodities has undergone a marked increase of exchanged volumes and an expansion of the trade network. This globalization of trade has both positive and negative effects, but the interconnectedness and external dependency of countries generate complex dynamics which are often difficult to understand and model. In this study we consider the volume of water used for the production of agricultural commodities, virtually exchanged among countries through commodity trade, i.e. the virtual water trade. Then, we set up a parsimonious mechanistic model describing the propagation, into the global trade network, of food-production crises generated locally by a social, economic or environmental event (such as war, economic crisis, drought, pest). The model, accounting for the network structure and the virtual water balance of all countries, bases on rules derived from observed virtual water flows and on data-based and statistically verified assumption. It is also tested on real case studies that prove its capability to capture the main features of crises propagation. The model is then employed as the basis for the development of an index of country vulnerability, measuring the exposure of countries to crises propagating in the virtual water trade network. Results of the analysis are discussed within the context of socio-economic and environmental conditions of countries, showing that not only water-scarce, but also wealthy and globalized countries, are among the most vulnerable to external crises. The temporal analysis for the period 1986-2011 reveals that the global average vulnerability has strongly increased over time, confirming the increased exposure of countries to external crises which may occur in the virtual water trade network.

Decree no 76-845 of 1 September 1976 setting up a Council for external nuclear policy

International Nuclear Information System (INIS)

1976-01-01

This Decree has set up a Council for External Nuclear Policy, chaired by the President of the Republic, and includes the Prime Minister, the Ministers for Economy and Finance (these duties are presently discharged by the Prime Minister), Defence, Industry, Trade and Crafts, External Trade, and the Administrator-General of the Commissariat a l'Energie Atomique, as well as the Minister of Foreign Affairs. The duty of this Council is to define the various aspects of external nuclear policy, in particular, regarding the export of technology, equipment and sensitive nuclear products. (NEA) [fr

76 FR 67476 - Silicon Metal From China; Institution of a Five-Year Review Concerning the Antidumping Duty Order...

Science.gov (United States)

2011-11-01

... or worker group, a U.S. importer of the Subject Merchandise, a foreign producer or exporter of the Subject Merchandise, a U.S. or foreign trade or business association, or another interested party... section 751(c)(2) of the Act, interested parties are requested to respond to this notice by submitting the...

The determinants of trade credit use : the case of the Tanzanian rice market

NARCIS (Netherlands)

Hermes, Niels; Kihanga, Ernest; Lensink, Robert; Lutz, Clemens

2015-01-01

Most small businesses in the developing economies suffer from a lack of access to formal external finance. One important alternative source of finance for these entrepreneurs is trade credit. Applying a unique data-set containing data on specific trade relations between rice wholesalers and rice

Financial Development and the Sensitivity of Stock Markets to External Influences

OpenAIRE

Dellas, Harris; Hess, Martin K.

2000-01-01

We investigate how the relative contribution of external factors to stock price movements varies with the degree of financial development. We find that financial development makes stock markets more susceptible to external influences (both financial and macroeconomic). Interestingly, this effect is present even after having accounted for capital controls and international trade effects.

Ownership of alcohol-branded merchandise and initiation of teen drinking.

Science.gov (United States)

McClure, Auden C; Dal Cin, Sonya; Gibson, Jennifer; Sargent, James D

2006-04-01

The alcohol industry spends over $5 billion a year on marketing, much of which is accessible to children. The distribution of branded articles of clothing and other personal items is one aspect of alcohol marketing that has not been adequately studied. In this study, the prevalence of ownership of alcohol-branded merchandise (ABM) was determined in a sample of rural northern New England adolescents, and the relationship between ownership of such items and initiation of alcohol use was examined. Northern New England middle school students who had not yet initiated alcohol use were captured at baseline in a 1999 school-based survey, and ownership of an ABM item and initiation of alcohol use were determined 1 to 2 years later by telephone. The analysis controlled for demographics (gender, grade in school); characteristics of the child (school performance, sensation seeking, rebelliousness); parenting style; and peer alcohol use. Of 2406 baseline never-drinkers, 15% had initiated alcohol use and 14% owned an ABM item by follow-up. ABM items consisted primarily of articles of clothing such as t-shirts and hats. ABM ownership was associated with higher grade in school, male gender, exposure to peer drinking, having tried smoking, poorer academic performance, higher levels of sensation seeking and rebelliousness, and less-responsive and restrictive parenting styles. Owners of ABM items at follow-up had higher rates of alcohol initiation compared with non-owners (25.5% vs 13.1%, respectively, p<0.001). After adjusting for the above confounders, students who owned an ABM item were significantly more likely to have initiated alcohol use compared with students who did not own one (adjusted odds ratio 1.5, 95% confidence interval, 1.1-2.0). In this northern New England adolescent sample, ownership of alcohol-branded merchandise was prevalent and exhibited an independent cross-sectional association with onset of adolescent drinking. Further studies are necessary to determine

ROMANIA’S FOREIGN TRADE BETWEEN 1945 AND 1989

Directory of Open Access Journals (Sweden)

Andrei – Cristian Balasan

2013-03-01

Full Text Available In this paper we have analysed a “special” period in the history of Romania’s trade, namely the period when market economy was replaced by the state economy. It is the period preceding the transition. We analysed how Romania’s exports and imports have evolved between 1945 and 1989, highlighting the events that influenced trade, and also what changes occurred in the structure of exports and imports by product groups and, not least, who were the main external partners of Romania.

Economic Culture and Trading Behaviors in Information Markets

Science.gov (United States)

Alhayyan, Khalid N.

2012-01-01

There are four main components for influencing traders' behaviors in an information market context: trader characteristics, organizational characteristics, market design, and external information. This dissertation focuses on investigating the impact of individual trader characteristics on trading behaviors. Two newly-developed constructs,…

THE RECENT TREND OF ROMANIA’S INTERNATIONAL TRADE IN GOODS

Directory of Open Access Journals (Sweden)

Andrei – Cristian Balasan

2014-04-01

Full Text Available The article analyses the recent developments regarding the Romania trade in goods. We highlight how Romania’s trade in goods evolved after the EU accession. In this period Romania’s exports and imports were influenced by the economic crisis, which had a major impact especially on imports. The paper presents the primary trends that have set the volume, dynamics, structure and performance of trade in Romania in the crisis and post-crisis period. We have noticed what changes took place in the structure of exports and imports of goods and also who were the main external partners of Romania.

Does Trade Help to Explain Tourism Demand? The Case of Portugal

Directory of Open Access Journals (Sweden)

Nuno Carlos LEITÃO

2010-03-01

Full Text Available The tourism industry has expanded in recent years due to internal and external environmental forces. These forces, income, trade, consumer price, and geographical distance are interconnected. Accounting for imperfect competition and increasing returns to scale, the new trade theory offers the explanation of dynamic gains from international trade. A large number of studies attempt to test the hypothesis that there is a link between trade and tourism. Most of the studies show that trade and tourism are positively correlated. This paper specifies static and dynamic panel demand models for tourism in Portugal and estimates demand equations using tourist inflow data for the period 1995-2006. We find that bilateral trade, immigration, border, and geographical distance between Portugal and countries of origin are the main determinants of tourism to Portugal. The dynamic panel data approach indicates that trade, population, and income are more important determinants than relative price.

Virtual water trade and country vulnerability: A network perspective

Science.gov (United States)

Sartori, Martina; Schiavo, Stefano

2015-04-01

This work investigates the relationship between countries' participation in virtual water trade and their vulnerability to external shocks from a network perspective. In particular, we investigate whether (i) possible sources of local national crises may interact with the system, propagating through the network and affecting the other countries involved; (ii) the topological characteristics of the international agricultural trade network, translated into virtual water-equivalent flows, may favor countries' vulnerability to external crises. Our work contributes to the debate on the potential merits and risks associated with openness to trade in agricultural and food products. On the one hand, trade helps to ensure that even countries with limited water (and other relevant) resources have access to sufficient food and contribute to the global saving of water. On the other hand, there are fears that openness may increase the vulnerability to external shocks and thus make countries worse off. Here we abstract from political considerations about food sovereignty and independence from imports and focus instead on investigating whether the increased participation in global trade that the world has witnessed in the last 30 years has made the system more susceptible to large shocks. Our analysis reveals that: (i) the probability of larger supply shocks has not increased over time; (ii) the topological characteristics of the VW network are not such as to favor the systemic risk associated with shock propagation; and (iii) higher-order interconnections may reveal further important information about the structure of a network. Regarding the first result, fluctuations in output volumes, among the sources of shock analyzed here, are more likely to generate some instability. The first implication is that, on one side, past national or regional economic crises were not necessarily brought about or strengthened by global trade. The second, more remarkable, implication is that, on

An empirical study, role and importance of visual merchandising in retail branding- A practitioners’ perspective

OpenAIRE

Rebeiro, Damian

2015-01-01

The aim of this research is to analyze the role and importance of Visual merchandising and below the line advertising on retail branding. An initial investigation on “visual merchandising” is undertaken along with its effects on consumer’s purchase behavior and brand identity. The research is based on the companies in Dubai, which represents the Middle East and African market. Semi - Structured Interviews of various practitioner based in Dubai were undertaken in order to understand the topic ...

COPING WITH GLOBAL MELTDOWN: INDIA’S EXTERNAL SECTOR

Directory of Open Access Journals (Sweden)

Nandita Sethi

2011-07-01

Full Text Available n 2008 the world economy landed itself in the midst of the most severe financial recession which originated in the developed countries and spread to the developing countries which were hit hard through capital reversals, rising borrowing costs, collapsing world trade and commodity prices, and subsiding remittances. India’s engagement with the global economy became deeper from the 1990s and this made it inevitable to be affected by the global meltdown. This paper attempts to analyze the impact of the global recession on the external sector of the Indian economy. A pre and post recession (2008 analysis is undertaken to see the impact on trade, capital flows, exchange rates and foreign exchange reserves and external debt. The analysis reveals that while India was adversely impacted due to the slowdown in trade, capital flows and outsourcing; the impact has not been as much as in many other Asian economies. The capital flows were soon back, as India seemed like a save haven for funds with reasonable growth and interest rates. The Indian banking and regulatory system has been credited for following prudential norms and India’s huge domestic market and fiscal stimulus have got the economy almost back on track with growth rates looking up again.

Korea’s Trade Strategies for Mega Free Trade Agreements in Regional and Global Economic Integration

Directory of Open Access Journals (Sweden)

Sang-Chul Park

2016-12-01

Full Text Available Korea has developed rapidly since the 1960s. It is one of the four Asian tiger economies and a good model for developing countries. Korea shows the world how a developing country can develop its economy rapidly and become industrialized. Its development strategy has mainly been an export-oriented trade policy. As a result, its trade volume grew from $1 billion in 1966 to $1 trillion in 2011, which is a 1,000-fold increase within five decades. Since 2011, Korea has become one of seven countries with a trade volume over $1 trillion. However, the Korean economy has experienced turbulence as well as positive growth. It underwent severe economic crises such as the Asian financial crisis in 1997 and the global financial crisis in 2008. Its economy has been extremely vulnerable to the external economic environment, although it has improved and strengthened, particularly since the global financial crisis. During those two crises, the government carried out an appropriate trade policy with a strategic approach to upgrade its industrial structure and competitiveness in global markets. This article comprehensively discusses Korean trade policy and strategy over the last five decades, and how its national economy has developed rapidly. It also explores how the government sets its strategic targets in Asia and the Asia Pacific region. It considers two mega free trade agreements (FTAs — the Regional Comprehensive Economic Partnership and the Trans-Pacific Partnership — as new opportunities for further development. Therefore, it is wise to analyze these regional mega FTAs in order to maximize the national interest.

International Trade as an Engine of Growth in Developing Countries ...

African Journals Online (AJOL)

First Lady

2013-06-30

Jun 30, 2013 ... international trade on economic development in Nigeria. In the .... devaluation of currency in order to make the exports of the devaluation country's ..... External Shocks and Inconsistent Domestic Policies, IMF Staff. Papers, Vol.

Neoliberalism and global capital mobility: a necessary reconsideration of textbook trade theory

Directory of Open Access Journals (Sweden)

KUNIBERT RAFFER

2015-06-01

Full Text Available Textbook theory ignores capital flows: trade determines exchange rates and specialisation. Approaches taking the effects of capital movements adequately into account are needed, and a new theory of economic policy including measures to protect the real economy from external volatility. Equilibrating textbook mechanisms cannot work unless trade-caused surpluses and deficits set exchange rates. To allow orthodox trade theory to work one must hinder capital flows from destroying its very basis, which the IMF and wrong regulatory decisions have done, penalising production and trade. A new, real economy based theory is proposed, a Neoclassical agenda of controlling capital flows and speculation.

The Asian economy: trade structure interpreted by feedback loop analysis

OpenAIRE

Sonis, Michael; Guilhoto, Joaquim José Martins; Hewings, Geoffrey J.D.

1995-01-01

The recent discussions that focused on the problems of the Uruguay Round of the General Agreement on Tariffs and Trade [GATT] together with the emergence of strengthened and expanded free trade areas [such as NAFTA, European Union and MERCOSUL/MERCOSUR] have created the need for careful analysis of the nature of internal and external dependence among nations and, within any nation, among the constituent regions. The picture that is obtained from inspection of import and export flows is only ...

The factors in the development of marketing potential of trading enterprises

Directory of Open Access Journals (Sweden)

Bubenets Iryna

2016-03-01

Full Text Available The purpose of this article is the selection and systematization of the influence factors the formation and development of marketing potential of trading enterprises. Currently, when enterprises have experienced an acute shortage of financial resources the value of the marketing potential of the enterprise increases. Since the marketing potential is determined by the possibility of using their own marketing resources, taking into account external and internal factors, their concretization and systematization for increasing the total effective functioning of the economic subsystems of the enterprise are now becoming ever more relevant. Taking into consideration the content of the main functions of business enterprises the author distinguishes the following groups of factors of formation and development of marketing potential of an enterprise: external (external development resources and market opportunities, external marketing environment; internal (internal marketing environment marketing reflects the tangible and intangible resources and capabilities internal development of commercial enterprise. The author has researched and identified the factors-activators of marketing potential of the trading enterprises, which influence greatly on the current and future state of the management system of the marketing potential of the enterprise and help define the desired strategy for the development of marketing potential.

Permit trading and credit trading

DEFF Research Database (Denmark)

Boom, Jan-Tjeerd; R. Dijstra, Bouwe

This paper compares emissions trading based on a cap on total emissions (permit trading) and on relative standards per unit of output (credit trading). Two types of market structure are considered: perfect competition and Cournot oligopoly. We find that output, abatement costs and the number...... of firms are higher under credit trading. Allowing trade between permit-trading and credit-trading sectors may increase in welfare. With perfect competition, permit trading always leads to higher welfare than credit trading. With imperfect competition, credit trading may outperform permit trading....... Environmental policy can lead to exit, but also to entry of firms. Entry and exit have a profound impact on the performance of the schemes, especially under imperfect competition. We find that it may be impossible to implement certain levels of total industry emissions. Under credit trading several levels...

Political Measures for Strategic Environmental Policy with External Effects

Energy Technology Data Exchange (ETDEWEB)

Ohyama, A. [Graduate School of Economics, Kyoto University, Kyoto (Japan); Tsujimura, M. [Faculty of Economics, Ryukoku University, Otsu (Japan)

2006-10-15

This paper investigates an environmental policy designed to reduce the emission of pollutants under uncertainty, with the agent problem as an optimal stopping problem. We first analyze the two cases in which there are one agent and two competing agents by following Ohyama and Tsujimura (2005). When we consider a model of strategic agents, we need to analyze the external economic effect that is peculiar to an agent's environmental policy implementation. Then, to improve and resolve these external effects, we examine three alternative political measures, comprising an environmental subsidy, an environmental tax and an emission trading system. The results of the analysis indicate that the environmental subsidy and environmental tax promote environmental policy. However, they do not create an incentive to be the leader. On the other hand, an emissions trading system not only promotes environmental policy but also creates an incentive for leadership.

Political Measures for Strategic Environmental Policy with External Effects

International Nuclear Information System (INIS)

Ohyama, A.; Tsujimura, M.

2006-01-01

This paper investigates an environmental policy designed to reduce the emission of pollutants under uncertainty, with the agent problem as an optimal stopping problem. We first analyze the two cases in which there are one agent and two competing agents by following Ohyama and Tsujimura (2005). When we consider a model of strategic agents, we need to analyze the external economic effect that is peculiar to an agent's environmental policy implementation. Then, to improve and resolve these external effects, we examine three alternative political measures, comprising an environmental subsidy, an environmental tax and an emission trading system. The results of the analysis indicate that the environmental subsidy and environmental tax promote environmental policy. However, they do not create an incentive to be the leader. On the other hand, an emissions trading system not only promotes environmental policy but also creates an incentive for leadership

Enhancing Emergency Preparedness and Response: Partnering with the Private Business Sector

Science.gov (United States)

2009-12-01

Walmart, the world’s largest retailer, supplied 2,498 trailers of emergency merchandise , opened temporary mobile pharmacies, and used its stores to...World Trade Center (WTC) site over to safety in New Jersey, and restaurants , such as McDonalds, supplying food. Even chefs from local restaurants ...intentions, the unintended consequence leaves businesses unable to receive their routine deliveries of merchandise . The idea appears to be simple

Structure and evolution of the global seafood trade network

Science.gov (United States)

Gephart, Jessica A.; Pace, Michael L.

2015-12-01

The food production system is increasingly global and seafood is among the most highly traded commodities. Global trade can improve food security by providing access to a greater variety of foods, increasing wealth, buffering against local supply shocks, and benefit the environment by increasing overall use efficiency for some resources. However, global trade can also expose countries to external supply shocks and degrade the environment by increasing resource demand and loosening feedbacks between consumers and the impacts of food production. As a result, changes in global food trade can have important implications for both food security and the environmental impacts of production. Measurements of globalization and the environmental impacts of food production require data on both total trade and the origin and destination of traded goods (the network structure). While the global trade network of agricultural and livestock products has previously been studied, seafood products have been excluded. This study describes the structure and evolution of the global seafood trade network, including metrics quantifying the globalization of seafood, shifts in bilateral trade flows, changes in centrality and comparisons of seafood to agricultural and industrial trade networks. From 1994 to 2012 the number of countries trading in the network remained relatively constant, while the number of trade partnerships increased by over 65%. Over this same period, the total quantity of seafood traded increased by 58% and the value increased 85% in real terms. These changes signify the increasing globalization of seafood products. Additionally, the trade patterns in the network indicate: increased influence of Thailand and China, strengthened intraregional trade, and increased exports from South America and Asia. In addition to characterizing these network changes, this study identifies data needs in order to connect seafood trade with environmental impacts and food security outcomes.

Financial frictions and substitution between internal and external funds in publicly traded Brazilian companies

Directory of Open Access Journals (Sweden)

Márcio Telles Portal

2012-04-01

Full Text Available The present study aimed to document the effects of financial constraints on the negative relationship between cash flow and external funds, a phenomenon associated with the Pecking Order Theory. This theory suggests that companies subject to more expensive external funds (financially constrained firms should demonstrate a stronger negative relationship with cash flow than companies subject to minor financial frictions (financially unconstrained firms. The results indicate that the external funds of constrained firms consistently present less negative sensitivity to cash flow compared with those of unconstrained companies. Additionally, the internal funds of constrained companies demonstrate a positive sensitivity to cash flow, whereas those of unconstrained companies do not show any such significant behavior. These results are in accordance with the findings of Almeida and Campello (2010, who suggest the following: first, because of the endogenous nature of investment decisions in constrained companies, the complementary relationship between internal and external funds prevails over the substitutive effects suggested by the Pecking Order Theory; and second, the negative relationship between cash flow and external funds cannot be interpreted as evidence of costly external funds and therefore does not corroborate the Pecking Order Theory.

Merchandise and Replenishment Planning Optimisation for Fashion Retail

Directory of Open Access Journals (Sweden)

Raffaele Iannone

2013-08-01

Full Text Available The integration among different companies functions, collaborative planning and the elaboration of focused distribution plans are critical to the success of each kind of company working in the complex retail sector. In this contest, the present work proposes the description of a model able to support coordinated strategic choices continually made by Supply Chain (SC actors. The final objective is achievement of the full optimisation of Merchandise & Replenishment Planning phases, identifying the right replenishment quantities and periods. To test the proposed model’s effectiveness, it was applied to an important Italian fashion company in the complex field of fast-fashion, a sector in which promptness is a main competitive leverage and, therefore, the planning cannot exclude the time variable. The passage from a total push strategy, currently used by the company, to a push-pull one, suggested by the model, allowed us not only to estimate a reduction in goods quantities to purchase at the beginning of a sales period (with considerable economic savings, but also elaborate a focused replenishment plan that permits reduction and optimisation of departures from network warehouses to Points of Sale (POS.

16 CFR 240.11 - Wholesaler or third party performance of seller's obligations.

Science.gov (United States)

2010-01-01

... 16 Commercial Practices 1 2010-01-01 2010-01-01 false Wholesaler or third party performance of seller's obligations. 240.11 Section 240.11 Commercial Practices FEDERAL TRADE COMMISSION GUIDES AND TRADE PRACTICE RULES GUIDES FOR ADVERTISING ALLOWANCES AND OTHER MERCHANDISING PAYMENTS AND SERVICES...

76 FR 5137 - Initiation of Antidumping and Countervailing Duty Administrative Reviews

Science.gov (United States)

2011-01-28

... & Export Trade Co., Ltd. Anhui Cereals Oils and Foodstuffs I/E (Group) Corporation Anhui Hundred Health...., Ltd. Inner Mongolia Altin Bee-Keeping Inner Mongolia Youth Trade Development Co., Ltd. Jiangsu Cereals... countervailing duties on entries of subject merchandise entered, or withdrawn from warehouse, for consumption...

The external dimensions of the EU area of freedom, security and justice : a constitutional perspective

NARCIS (Netherlands)

Matera, Claudio

2016-01-01

During the past decade in particular the external relations of the EU have not just concerned the classic areas of international cooperation (‘external action’) of the EU such as trade (Article 205 TFEU), development cooperation (Article 208 TFEU) and foreign security and defence policy (Title V

16 CFR 240.14 - Meeting competition.

Science.gov (United States)

2010-01-01

... 16 Commercial Practices 1 2010-01-01 2010-01-01 false Meeting competition. 240.14 Section 240.14 Commercial Practices FEDERAL TRADE COMMISSION GUIDES AND TRADE PRACTICE RULES GUIDES FOR ADVERTISING ALLOWANCES AND OTHER MERCHANDISING PAYMENTS AND SERVICES § 240.14 Meeting competition. A seller charged with...

16 CFR 240.9 - Proportionally equal terms.

Science.gov (United States)

2010-01-01

... 16 Commercial Practices 1 2010-01-01 2010-01-01 false Proportionally equal terms. 240.9 Section 240.9 Commercial Practices FEDERAL TRADE COMMISSION GUIDES AND TRADE PRACTICE RULES GUIDES FOR ADVERTISING ALLOWANCES AND OTHER MERCHANDISING PAYMENTS AND SERVICES § 240.9 Proportionally equal terms. (a...

Alcohol-Branded Merchandise Ownership and Drinking.

Science.gov (United States)

Jones, Sandra C

2016-05-01

Alcohol-branded merchandise (ABM) has a longer shelf-life than other forms of alcohol marketing and the potential to become integrated into children's self-identities. This review sought to explore the current literature on children's exposure to, and the impact of, ABM. PsycInfo, Proquest, Science Direct, and ABI-Inform databases were searched from the earliest available date to May 2015. Additional studies were identified by a manual review of the reference lists of retrieved articles and contacting the corresponding author of each included study. Articles that reported on child or adolescent ownership of ABM and/or the relationship between ABM ownership and drinking were included. Data on key measures were tabulated; where data of interest were not reported, requests for further information were sent to the articles' authors. Nine cross-sectional and 4 longitudinal studies were identified. ABM ownership ranged from 11% to 59% and was higher among older children and males. Seven cross-sectional studies reported associations between ABM ownership and drinking-related behaviors. All 4 longitudinal studies reported a significant relationship between ownership at baseline and drinking initiation at follow-up. The small number of available studies, with different measures of ABM ownership and of associations/effects. The few studies exploring ABM ownership are consistent in showing high rates of ownership and associations between ownership and current and future drinking. There is a need for further research into specific aspects of ABM ownership. However, there is also a need for policy interventions to reduce children's access to and ownership of ABM. Copyright © 2016 by the American Academy of Pediatrics.

Externalities of the energy. The nuclear case

International Nuclear Information System (INIS)

Notari, Carla; Perl, Hugo

2005-01-01

When referring to private energy cost, which reflects the market value of energy, important elements are left aside in the evaluation process. These elements or externalities have an impact on third parties. The impact can be positive or negative and nowadays it is increasingly relevant to take them into account and include them in the project evaluation, specially when we are looking for sustainable development. The environmental impact and health effects are the most visible items but not the unique which generate externalities. The supply security, prices stability, employment impact and trade balance, are also important factors, although not much improvement has been achieved in their quantitative evaluation. (author) [es

The trend toward free trade areas: economic consequences and policy implications for the United States

OpenAIRE

All, William H., IV

1992-01-01

Approved for public release; distribution is unlimited Because America's economy relies to a significant degree on export markets and external sources of raw materials, the health of the international trading system is critical to the national security of the United States. This thesis demonstrates that the organization on which America has relied for the management of the international trading system since the 1950s, the General Agreement on Tariffs and Trade (GATT), is failing to effect...

Some Remarks on the Slave Trade in the Heart of the Golden Horde (14th century in the Wake of C. Verlinden’s Research

Directory of Open Access Journals (Sweden)

Lorenzo Pubblici

2017-09-01

Full Text Available Objective: For decades the slave trade was very lucrative for the Italian merchants who travelled to the East. The formation of the Mongol Empire, and the economic and demographic growth occurred in Europe, have contributed to the increase of both, the demand of slaves and the supply human merchandise. Trade increased with the simultaneous increase in the number of journeys of western merchants to the East. The creation of a structured trading system on the Black Sea coast has allowed Genoa and Venice to strengthen their trade relations with the dominant centers of power in loco: the Golden Horde of the Mongols and the Mamluks of Egypt. Materials: This article is a preliminary critical mapping of a larger project I’m working on, and which aims to explore the relationship between Italian commercial immigration and the slave trade in the Venetian settlement of Tana, situated in the mouth of the Don, and representing the easternmost outpost of all Latin Trading System in the East in the 13th and 14th centuries. Based on a solid historiographical tradition and the Venetian documentary sources, I’m trying to restore the perception of a slave in the unique context of the Golden Horde, where the western urban mercantile and the eastern nomadic factors came into contact. Results and novelty of the research: While many of the conclusions of this research are still to be confirmed, a primary investigation has shown that slaves were not only the primary and most profitable resource for Italian merchants, but also the most direct and effective means to penetrate and understand an ethnic and culturally stranger context.

Mechanizing the Merc: The Chicago Mercantile Exchange and the Rise of High-Frequency Trading.

Science.gov (United States)

MacKenzie, Donald

2015-07-01

This article investigates one important strand in the evolution of today's high-frequency trading or HFT (the fast, automated trading of large numbers of financial securities). That strand is the history of the automation of trading on what has become the world's most prominent futures exchange, the Chicago Mercantile Exchange or Merc. The process of the automation of the Merc was episodic, often driven by responses to perceived external threats, and involved both "local" politics and transnational considerations. The article discusses the relationship between the Merc's automation and the embodied, deeply social trading practices of the Merc's open-outcry trading pits, and compares how the Merc was mechanized with the quite different-and in a sense more explicitly "social"-project of automation launched by the Merc's rival, the Chicago Board of Trade.

16 CFR 240.12 - Checking customer's use of payments.

Science.gov (United States)

2010-01-01

... 16 Commercial Practices 1 2010-01-01 2010-01-01 false Checking customer's use of payments. 240.12 Section 240.12 Commercial Practices FEDERAL TRADE COMMISSION GUIDES AND TRADE PRACTICE RULES GUIDES FOR ADVERTISING ALLOWANCES AND OTHER MERCHANDISING PAYMENTS AND SERVICES § 240.12 Checking customer's use of...

16 CFR 240.15 - Cost justification.

Science.gov (United States)

2010-01-01

... 16 Commercial Practices 1 2010-01-01 2010-01-01 false Cost justification. 240.15 Section 240.15 Commercial Practices FEDERAL TRADE COMMISSION GUIDES AND TRADE PRACTICE RULES GUIDES FOR ADVERTISING ALLOWANCES AND OTHER MERCHANDISING PAYMENTS AND SERVICES § 240.15 Cost justification. It is no defense to a...

16 CFR 240.13 - Customer's and third party liability.

Science.gov (United States)

2010-01-01

... 16 Commercial Practices 1 2010-01-01 2010-01-01 false Customer's and third party liability. 240.13 Section 240.13 Commercial Practices FEDERAL TRADE COMMISSION GUIDES AND TRADE PRACTICE RULES GUIDES FOR ADVERTISING ALLOWANCES AND OTHER MERCHANDISING PAYMENTS AND SERVICES § 240.13 Customer's and third party...

16 CFR 240.2 - Applicability of the law.

Science.gov (United States)

2010-01-01

... 16 Commercial Practices 1 2010-01-01 2010-01-01 false Applicability of the law. 240.2 Section 240.2 Commercial Practices FEDERAL TRADE COMMISSION GUIDES AND TRADE PRACTICE RULES GUIDES FOR ADVERTISING ALLOWANCES AND OTHER MERCHANDISING PAYMENTS AND SERVICES § 240.2 Applicability of the law. (a) The...

16 CFR 240.3 - Definition of seller.

Science.gov (United States)

2010-01-01

... 16 Commercial Practices 1 2010-01-01 2010-01-01 false Definition of seller. 240.3 Section 240.3 Commercial Practices FEDERAL TRADE COMMISSION GUIDES AND TRADE PRACTICE RULES GUIDES FOR ADVERTISING ALLOWANCES AND OTHER MERCHANDISING PAYMENTS AND SERVICES § 240.3 Definition of seller. Seller includes any...

16 CFR 240.7 - Services or facilities.

Science.gov (United States)

2010-01-01

... 16 Commercial Practices 1 2010-01-01 2010-01-01 false Services or facilities. 240.7 Section 240.7 Commercial Practices FEDERAL TRADE COMMISSION GUIDES AND TRADE PRACTICE RULES GUIDES FOR ADVERTISING ALLOWANCES AND OTHER MERCHANDISING PAYMENTS AND SERVICES § 240.7 Services or facilities. The terms services...

16 CFR 240.4 - Definition of customer.

Science.gov (United States)

2010-01-01

... 16 Commercial Practices 1 2010-01-01 2010-01-01 false Definition of customer. 240.4 Section 240.4 Commercial Practices FEDERAL TRADE COMMISSION GUIDES AND TRADE PRACTICE RULES GUIDES FOR ADVERTISING ALLOWANCES AND OTHER MERCHANDISING PAYMENTS AND SERVICES § 240.4 Definition of customer. A customer is any...

78 FR 61330 - Submission for OMB Review; Comment Request

Science.gov (United States)

2013-10-03

... their foreign affiliates, including their balance sheets; income statements; property, plant, and equipment; employment and employee compensation; merchandise trade; sales of goods and services; taxes; and...

Assessing tobacco marketing receptivity among youth: integrating point of sale marketing, cigarette package branding and branded merchandise.

Science.gov (United States)

Braun, Sandra; Kollath-Cattano, Christy; Barrientos, Inti; Mejía, Raúl; Morello, Paola; Sargent, James D; Thrasher, James F

2016-11-01

As countries prohibit tobacco marketing through traditional channels, marketing at point of sale (PoS) and through tobacco packaging is increasingly important for promoting tobacco consumption. Assess the validity of a novel marketing receptivity index that considers frequency of PoS exposures, tobacco brand recall and ownership of branded merchandise. Data come from a cross-sectional survey of 3172 secondary school students in Argentina. Questions assessed frequency of going to stores where tobacco is often sold; cued recall of brand names for 3 cigarette packages with brand name removed and ownership of branded merchandise. A four-level marketing receptivity index was derived: low PoS exposure only; high PoS exposure or recall of 1 brand; recall of 2 or more brands; and ownership of branded merchandise. Indicators of marketing receptivity and smoking involvement were regressed on the index, including in adjusted models that controlled for sociodemographics, social influences and sensation seeking. Among never-smokers, the index had independent positive associations with smoking susceptibility (ie, adjusted OR (AOR) 2v1 =1.66; AOR 3v1 =1.64; AOR 4v1 =2.95), willingness to try a specific brand (ie, AOR 2v1 =1.45; AOR 3v1 =2.38; AOR 4v1 =2.20) and positive smoking expectancies (ie, B adj 2v1 =0.09; B adj 3v1 =0.18; B adj 4v1 =0.34). A more marked dose-response independent association was found with current smoking behaviour (ie, AOR 2v1 =2.47; AOR 3v1 =3.16; AOR 4v1 =3.62). The marketing receptivity index was associated with important variation in smoking-related perceptions, intentions and behaviour among Argentine adolescents. Future research should determine the predictive validity and generalisability of this measure to other contexts, including the explanatory power gained by integrating cigarette package brand recognition tasks. Published by the BMJ Publishing Group Limited. For permission to use (where not already granted under a licence) please go to http://www.bmj.com/company/products-services/rights-and-licensing/.

STRUCTURE AND SHARES IN THE ROMANIAN INTERNATIONAL TRADE

Directory of Open Access Journals (Sweden)

Elena TOMA

2014-04-01

Full Text Available An analysis of a wider range of external trade sector of Romania was carried out in this paper. Main purpose of the paper was identification of the products which have submitted during the period 2002-2011 a wide dynamic with regard to trade of Romania, the total and in particular with the EU countries. The methodology used in this respect was detailed analysis of the data, of the structure of imports and exports and the dynamics of these exchanges during the ten years. Thus, we have identified productions which have had a production upward or downward trend in the structure of total trade. It is a case of grain, milk and seeds and oleaginous fruits and tobacco, which has had a positive development in imports and exports. Tobacco and meat products for the imports and live livestock and vegetables for the exports have registered a decreased share.

Vulnerability to shocks in the global seafood trade network

Science.gov (United States)

Gephart, Jessica A.; Rovenskaya, Elena; Dieckmann, Ulf; Pace, Michael L.; Brännström, Åke

2016-03-01

Trade can allow countries to overcome local or regional losses (shocks) to their food supply, but reliance on international food trade also exposes countries to risks from external perturbations. Countries that are nutritionally or economically dependent on international trade of a commodity may be adversely affected by such shocks. While exposure to shocks has been studied in financial markets, communication networks, and some infrastructure systems, it has received less attention in food-trade networks. Here, we develop a forward shock-propagation model to quantify how trade flows are redistributed under a range of shock scenarios and assess the food-security outcomes by comparing changes in national fish supplies to indices of each country’s nutritional fish dependency. Shock propagation and distribution among regions are modeled on a network of historical bilateral seafood trade data from UN Comtrade using 205 reporting territories grouped into 18 regions. In our model exposure to shocks increases with total imports and the number of import partners. We find that Central and West Africa are the most vulnerable to shocks, with their vulnerability increasing when a willingness-to-pay proxy is included. These findings suggest that countries can reduce their overall vulnerability to shocks by reducing reliance on imports and diversifying food sources. As international seafood trade grows, identifying these types of potential risks and vulnerabilities is important to build a more resilient food system.

Nutrient analysis of the Beef Alternative Merchandising cuts.

Science.gov (United States)

Desimone, T L; Acheson, R A; Woerner, D R; Engle, T E; Douglass, L W; Belk, K E

2013-03-01

The objective of this study was to generate raw and cooked nutrient composition data to identify Quality Grade differences in proximate values for eight Beef Alternative Merchandising (BAM) cuts. The data generated will be used to update the nutrient data in the USDA National Nutrient Database for Standard Reference (SR). Beef Rib, Oven-Prepared, Beef Loin, Strip Loin, and Beef Loin, Top Sirloin Butt subprimals were collected from a total of 24 carcasses from four packing plants. The carcasses were a combination of USDA Yield Grades 2 (n=12) and 3 (n=12), USDA Quality Grades upper two-thirds Choice (n=8), low Choice (n=8), and Select (n=8), and two genders, steer (n=16) and heifer (n=8). After aging, subprimals were fabricated into the BAM cuts, dissected, and nutrient analysis was performed. Sample homogenates from each animal were homogenized and composited for analysis of the following: proximate analysis, long chain and trans-fatty acids, conjugated linoleic acid, total cholesterol, vitamin B-12, and selenium. This study identified seven BAM cuts from all three Quality Grades that qualify for USDA Lean; seven Select cuts that qualify for USDA Extra Lean; and three Select cuts that qualify for the American Heart Association's Heart Healthy Check. Copyright © 2012 Elsevier Ltd. All rights reserved.

The Trade-Off Between Risk and Control in Corporate Ownership

NARCIS (Netherlands)

Manjon, M.C.

2003-01-01

This paper analyses the risk control trade o$ in corporate ownership. It presents a simple model in which large shareholders decide their share depending on their risk aversion, risk-neutral effects attached to rm size and the e$ectiveness of di$erent (external and internal) mechanisms for

Rogue trading at Lloyds Bank International, 1974: Operational risk in volatile markets

OpenAIRE

Schenk, C

2017-01-01

Rogue trading has been a persistent feature of international financial markets over the past thirty years, but there is remarkably little historical treatment of this phenomenon. To begin to fill this gap, evidence from company and official archives is used to expose the anatomy of a rogue trading scandal at Lloyds Bank International in 1974. The rush to internationalize, the conflict between rules and norms, and the failure of internal and external checks all contributed to the largest singl...

77 FR 64463 - Annual Retail Trade Survey

Science.gov (United States)

2012-10-22

... covering annual sales, annual e- commerce sales, year-end inventories held inside and outside the United... industries, merchandise line sales, and percent of e-commerce sales to customers located outside the United... comparable classification basis, annual sales, annual e-commerce sales, purchases, total and detailed...

76 FR 13125 - Submission for OMB Review; Comment Request

Science.gov (United States)

2011-03-10

... of monthly retail sales, end-of-month merchandise inventories, and quarterly e-commerce sales of... the GDP. Retail e-commerce sales are estimated from the same sample used in the Monthly Retail Trade... ensure that retail firms selected in the Monthly Retail Trade Survey sample engaged in e- commerce are...

16 CFR 240.1 - Purpose of the Guides.

Science.gov (United States)

2010-01-01

... 16 Commercial Practices 1 2010-01-01 2010-01-01 false Purpose of the Guides. 240.1 Section 240.1 Commercial Practices FEDERAL TRADE COMMISSION GUIDES AND TRADE PRACTICE RULES GUIDES FOR ADVERTISING ALLOWANCES AND OTHER MERCHANDISING PAYMENTS AND SERVICES § 240.1 Purpose of the Guides. The purpose of these...

78 FR 38941 - Honey From the People's Republic of China: Preliminary Results and Partial Rescission of...

Science.gov (United States)

2013-06-28

... withdrawal from warehouse, for consumption, in accordance with 19 CFR 351.212(c)(2).\\3\\ \\3\\ See Preliminary... shipments of the subject merchandise entered, or withdrawn from warehouse, for consumption on or after the... Import & Export Trading 4 Anhui Honghui Import & Export Trade Co., Ltd. 5 Anhui Cereals Oils and...

76 FR 69239 - Annual Retail Trade Survey

Science.gov (United States)

2011-11-08

... collect data covering annual sales, annual e-commerce sales, year-end inventories held inside and outside... industries, merchandise line sales, and percent of e-commerce sales to customers located outside the United... (NAICS). ARTS provides, on a comparable classification basis, annual sales, annual e-commerce sales...

75 FR 63804 - Annual Retail Trade Survey

Science.gov (United States)

2010-10-18

... collect data covering annual sales, annual e-commerce sales, year-end inventories held inside and outside... industries, merchandise line sales, percent of sales by class of customer, and percent of e-commerce sales to..., annual e-commerce sales, purchases, total operating expenses, accounts receivables, and year-end...

The Strategies of Tofu and Fermented Soybean Cake Cooperation in Facing China-Asean Free Trade

Directory of Open Access Journals (Sweden)

Rusdarti Rusdarti

2015-12-01

Full Text Available This research was aimed to identify the internal and external factor for encountering free trade China-Asean and to find some strategic model alternative that can be applied by Primkopti Semarang to develop their business. The analysis methods used were descriptive analysis method and SWOT analysis. The result of this research showed that internal factors for cooperation’s strength for encountering free trade including soybean distributor in form of cooperation in Semarang and experienced manager to carry out the business. The weakness one was the research and development of cooperation hasn’t been optimal and the management of information system hasn’t worked well. External factors for opportunity one including the soybean buyer or main customer was cooperation members having dual identity, as for the threat including no resistance for new competitor, increasing soybean import, soybean importer has strong bargain position. Compatible strategy for cooperation implementation in encountering free trade China-Asean was market penetration strategy and product development.

16 CFR 240.8 - Need for a plan.

Science.gov (United States)

2010-01-01

... 16 Commercial Practices 1 2010-01-01 2010-01-01 false Need for a plan. 240.8 Section 240.8 Commercial Practices FEDERAL TRADE COMMISSION GUIDES AND TRADE PRACTICE RULES GUIDES FOR ADVERTISING ALLOWANCES AND OTHER MERCHANDISING PAYMENTS AND SERVICES § 240.8 Need for a plan. A seller who makes payments...

Internal and External Determinants of Economic Growth: A closer look at Pakistan’s Economy

Directory of Open Access Journals (Sweden)

Muhammad Jamil

2013-09-01

Full Text Available This study aims to investigate the impact of internal and external determinants of economic growth on the economic growth of Pakistan. Major internal determinants include stock of physical capital and developmental expenditures, while external determinants include trade openness and real effective exchange rate. In doing so, study utilizes the annual time series data from 1972 to 2011. Advanced Autoregressive Distributed Lag model (ARDL approach has been employed for co-integration and error correction model (ECM for short-run results. Empirical investigations indicate that developmental expenditures, physical capital and trade openness are positively correlated with economic growth in long run, while real effective exchange rate negatively and significantly affect economic growth in long run in case of Pakistan.

Obolo (Andoni) Women in Overseas Trade and Traditional Politics ...

African Journals Online (AJOL)

This write-up focuses on the activities of Obolo (Andoni) women that contributed to the political and economic growth of Nigeria in the precolonial times. They were found in the traditional politics and external economy of slave and palm oil trades with the Portuguese, the Dutch and the. English. They were also the bulwark of ...

Studi Pengaruh Visual Merchandise untuk Anak Terhadap Perilaku Pembelian Paket HappyMeal di Restoran McDonald’s Surabaya

OpenAIRE

Listia Natadjaja; Rosaline Dewi F.; Deddy Setyawan

2009-01-01

In sales promotion context, premium offers such as toy merchandizes for kids are free incentives or discounted price to encourage sales. A common finding that toys on merchandize offered in Happy Meal packets influence their consumer behavior which are kids, besides kids are known as potential target market nowadays. This thesis is not only giving descriptive explanation about the visual influence on merchandise towards kid’s buying behavior on the purchase of Happy Meal packets, but also abo...

Livestock Disease Management for Trading Across Different Regulatory Regimes.

Science.gov (United States)

Bate, Andrew M; Jones, Glyn; Kleczkowski, Adam; Naylor, Rebecca; Timmis, Jon; White, Piran C L; Touza, Julia

2018-02-12

The maintenance of livestock health depends on the combined actions of many different actors, both within and across different regulatory frameworks. Prior work recognised that private risk management choices have the ability to reduce the spread of infection to trading partners. We evaluate the efficiency of farmers' alternative biosecurity choices in terms of their own-benefits from unilateral strategies and quantify the impact they may have in filtering the disease externality of trade. We use bovine viral diarrhoea (BVD) in England and Scotland as a case study, since this provides an example of a situation where contrasting strategies for BVD management occur between selling and purchasing farms. We use an agent-based bioeconomic model to assess the payoff dependence of farmers connected by trade but using different BVD management strategies. We compare three disease management actions: test-cull, test-cull with vaccination and vaccination alone. For a two-farm trading situation, all actions carried out by the selling farm provide substantial benefits to the purchasing farm in terms of disease avoided, with the greatest benefit resulting from test-culling with vaccination on the selling farm. Likewise, unilateral disease strategies by purchasers can be effective in reducing disease risks created through trade. We conclude that regulation needs to balance the trade-off between private gains from those bearing the disease management costs and the positive spillover effects on others.

Globalization, increasing returns in component production, and the pattern of trade

Czech Academy of Sciences Publication Activity Database

Kovaříková Arro, Anu

-, č. 265 (2005), s. 1-52 ISSN 1211-3298 Institutional research plan: CEZ:AV0Z70850503 Keywords : monopolistic competition * external and internal economies of scale * trade across the stages of production Subject RIV: AH - Economics http://www.cerge-ei.cz/pdf/wp/Wp265.pdf

Internal Versus External Knowledge Sourcing Of Subsidiaries

DEFF Research Database (Denmark)

Gammelgaard, Jens; Pedersen, Torben

2003-01-01

When building up competences, a subsidiary of a multinational corporation (MNC) may rely onexternal knowledge sources like customers, suppliers, competitors or local science centers. Internalsourcing is also available through knowledge offered by headquarters or other affiliates. Thequestion...... is whether the two kinds of sources are mutual exclusive. A dilemma or organizationaltrade-off is foreseeable, since the more the subsidiary adapts its knowledge creation processes tohost country institutions, the less it will be able to utilize internal knowledge sources due to theinstitutional distance...... between the external and internal networks. However, newer organizationalforms, like the concept of the `differentiated MNC', imply a relatively smooth flow of knowledgeinside the MNC, indicating that we should not expect an organizational trade-off between internaland external sources. The subsidiary...

Anonymous electronic trading versus floor trading

OpenAIRE

Franke, Günter; Hess, Dieter

1995-01-01

This paper compares the attractiveness of floor trading and anonymous electronic trading systems. It is argued that in times of low information intensity the insight into the order book of the electronic trading system provides more valuable information than floor trading, but in times of high information intensity the reverse is true. Thus, the electronic system's market share in trading activity should decline in times of high information intensity. This hypothesis is tested by data on BUND...

Justification of the Trade Enterprises Development Strategy in the Process of Strategic Management of the Marketing Potential

Directory of Open Access Journals (Sweden)

Grosul Viktoriya A.

2013-11-01

Full Text Available The article justifies a necessity of strategic management of marketing potential of retail trade enterprises. The article develops a general structural and logic scheme of the process of strategic management of the marketing potential of a trade enterprise taking into account specific features of the trade industry. It establishes that the main key issue in the theory of strategic management is argumentation of selection of the basic strategy of development of a subject of economy. It justifies a scientific and methodical approach to selection of the basic strategy of development of a trade enterprise in the process of management of the marketing potential, main stages of which are: assessment of the level of loyalty of external marketing environment; identification of marketing stratagems; and selection of the enterprise development strategy. The article offers to use the model of marketing stratagem, the components of which are policy of management of the marketing potential, strategic market position of the enterprise and level of loyalty of external marketing environment. The article develops an interactive strategic cube of formation of the complex of marketing stratagems on the basis of use of which marketing stratagems for various trade networks of the Kharkiv region are identified and strategies of their further development are justified.

TOURISM, TRADE, EXTERNALITIES, AND PUBLIC GOODS IN A THREE-SECTOR GROWTH MODEL

Directory of Open Access Journals (Sweden)

Wei-Bin Zhang

2015-06-01

Full Text Available The purpose of this study is to introduce tourism, externalities, and public goods to a small-open growth with endogenous wealth and public goods supply. We develop the model on the basis of the Solow-Uzawa growth model, the neoclassical neoclassical growth theory with externalities, and ideas from tourism economics. The economy consists of three – service, industrial, and public - sectors. The production side is based on the traditional growth theories, while the household behavior is described by an alternative utility function proposed by Zhang. We introduce endogenous land distribution between housing and supply of services. The industrial and service sectors are perfectly competitive subject to the government’s taxation. The public sector is financially supported by the government. We introduce taxes not only on producers, but also on consumers’ incomes from wage, land, and interest of wealth, consumption of goods and services, and housing. We simulate the motion of the national economy and show the existence of a unique stable equilibrium. We carry out comparative dynamic analysis with regard to the rate of interest in the global market, the total productivity of the service sector, tax rate on the service sector, tax rate on consumption of services, human capital, the propensity to consume services, and the impact of public services on the productivity of the industrial sector. The comparative dynamic analysis provides some important insights into the complexity of open economies with endogenous wealth, public goods, and externalities.

Retail yields and palatability evaluations of individual muscles from wet-aged and dry-aged beef ribeyes and top sirloin butts that were merchandised innovatively.

Science.gov (United States)

Smith, A M; Harris, K B; Griffin, D B; Miller, R K; Kerth, C R; Savell, J W

2014-05-01

Paired ribeyes (n=24) and top sirloin butts (n=24) were dry-aged or wet-aged for 35 days before being merchandised as individual muscles: M. spinalis thoracis, M. longissimus thoracis, M. gluteobiceps, and M. gluteus medius. Wet-aged subprimals had greater saleable yields than dry-aged. Dry-aged M. spinalis thoracis and M. gluteobiceps received lower consumer overall like and flavor ratings than did wet-aged; interior muscles - M. longissimus thoracis and M. gluteus medius - did not differ. Trained panelists found higher musty and putrid flavors for dry-aged muscles closer to exterior surface. These flavors may have contributed to lower consumer overall like and flavor ratings for dry-aged M. spinalis thoracis and M. gluteobiceps. Using innovative styles to cut beef allows for greater merchandising options. However, development of undesirable flavor characteristics may be more pronounced when exterior muscles - M. spinalis thoracis and M. gluteobiceps - are exposed during dry-aging to extreme conditions and are consumed individually. Copyright © 2013 Elsevier Ltd. All rights reserved.

Environmental accounts and trade - a Swedish pilot study

International Nuclear Information System (INIS)

Wadeskog, A.

2001-01-01

Environmental accounts are supposed to register environmental impacts of economic activities performed by residents on a national basis. However, the international division of labour is not explicitly addressed. A small, open, economy like Sweden use resources, and thereby cause emissions, in other countries due to what is imported for intermediate or final use. On the other hand, the things we export to other countries cause emissions in Sweden. This means that there is an environmental balance of trade that is not explicitly addressed in the accounts. There are however possibilities to estimate these effects. Through input-output analysis it is possible to analyse the value added chain of the different goods and service that make up the final demand, i.e. a form of cradle-to-grave analysis. Environmental trade can be estimated in several ways. One method is to assume that emissions follow the pattern of the trade balance and equal out over time, i.e. ignore the problem. Another method is to calculate the effect of differences in volume and composition in exports and imports. In most cases this is done using the domestic input-output tables and emission coefficients, i.e. assuming that all trading partners have identical resource use, technology and economic structure. A pilot study of the environmental trade balance for Sweden, using different aggregated emissions data for our trading partners and the Swedish input-output table, show that the results calculated with these methods will underestimate external emissions considerably for carbon dioxides and sulphur dioxides. However, for nitrogen oxides emission these methods seem to suffice

Assessment of the trade risks of a power grid utility by means of Monte Carlo simulation. Illustrated by the example of EnBW Transportnetze AG; Die Bewertung von Handelsrisiken eines Uebertragungsnetzbetreibers anhand einer Monte-Carlo-Simulation. Dargestellt am Beispiel der EnBW Transportnetze AG

Energy Technology Data Exchange (ETDEWEB)

Techert, Holger [Technische Univ. Dortmund (Germany); Schuchardt, Lukas D. [Technische Univ. Dortmund (Germany). Lehrstuhl Unternehmensrechnung und Controlling; Huester, Andreas; Katz, Philipp [EnBW Transportnetze AG (Germany)

2009-07-01

EnBW Transportnetze AG (TNG) is the transmission system operator (TSO) of Energie Baden-Wuerttemberg AG. Due to the Renewable Energy Sources Act, the TSOs are obliged to take-up the (fluctuating) complete amount of electricity made of renewable resources. The TSOs have to transform this feeding into a constant output. Therefore, TNG has started trading on the European Power Exchange. The amount of electricity needed to be bought and sold respectively in order to create a constant output involves risks because of price volatility. As a result of the merit-order-effect, these risks increase. Due to this effect, procurement costs generally exceed sales revenues despite of well-balanced quantitative electricity tradings. For evaluating the procurement and merchandise risk at the intraday market, a Monte-Carlo-Simulation is executed on the basis of historical turnover data. (orig.)

MOLDOVAN AGRI-FOOD TRADE UNDER THE INFLUENCE OF INTEGRATION PROCESSES

Directory of Open Access Journals (Sweden)

Alexandru STRATAN

2014-10-01

Full Text Available The paper aims at the assessment of the main effects of signing the Association Agreement on the Moldovan agricultural sector, while examining its reaction, if the Republic of Moldova would have opted for its integration in the Customs Union - Russian Federation, Belarus, and Kazakhstan. During the period 2010-2013, Republic of Moldova launched a number of trade policy development initiatives in order to ensure a more facilitating legal framework for the economic and trade relations with the key external partners. An agreement on the establishment of a free trade area in the CIS was signed in this period. Similarly, Republic of Moldova started negotiating the Association Agreement with the European Union, which was signed in June this year and has as component part the Deep and Comprehensive Free Trade Agreement (DCFTA. The paper reveals that the signing of the Association Agreement with the EU could serve as instrument to stimulate the agricultural sector, but the DCFTA establishment will present some challenges, which are to be properly addressed, in order to exclude their turning into risks.

12 Layout ppp2

African Journals Online (AJOL)

Nubidga

(Cameroon Economic, Social and Finance Report,. 2011). In 2010 and ... financial capital profitability indexes to show that ..... fundamental notion that time series data are always stationary ... corporate merchandise trade and services and so.

Prospects and risks of development of ukrainian-chinese trade and economic relations

Directory of Open Access Journals (Sweden)

V.G. Rogovyj

2016-06-01

Full Text Available The main prospects and risks of development of Ukrainian-Chinese trade and economic relations have been researched in the article. It has been grounded that there is a considerable need for attraction of external financing for Ukraine, and China is one of the potential partners for this purpose. The areas of interest of Ukraine in cooperation with China have been determined, in particular, the attraction of external investments that will allow the intensification of economic growth in the country, and will provide creation of new workplaces. The sphere of interests of China in Ukraine has been determined, namely, the possibility of attraction of Ukrainian technologies to Chinese market with the placement of production in the territory of China. It has been found out that it is considerable risk for Ukraine as in 5–7 years Chinese partners will seize Ukrainian technologies and the need in Ukrainian partners for them will disappear. Besides, there is a risk of irrational use of land resources that may lead to depletion and decline of its quality. In order to avoid negative consequences of economic cooperation with China Ukraine needs to develop strategy of the economic partnership providing satisfaction of national interests. Keywords: Ukraine; China; economic cooperation; trade; trade and economic relations.

The impact of the visual merchandise display on consumer purchases of luxury brands: the moderating role of cultural capital

OpenAIRE

Logkizidou, Maria

2016-01-01

This thesis argues that Visual Merchandise Display (VMD) can enhance consumers intentions to buy luxury brands and this influence is stronger for the consumers with higher cultural capital (CC) than those with lower CC. Prior research in store atmospherics has suggested that consumers make inferences about a product, a store or a seller based on high-image or low-image store environment cues. Contemporary research in the luxury retailing literature explores qualitatively, the role of of museo...

China and the Manufacturing Exports of Other Developing Countries

OpenAIRE

Gordon H. Hanson; Raymond Robertson

2008-01-01

In this paper, we examine the impact of China's growth on developing countries that specialize in manufacturing. Over 2000-2005, manufacturing accounted for 32% of China's GDP and 89% of its merchandise exports, making it more specialized in the sector than any other large developing economy. Using the gravity model of trade, we decompose bilateral trade into components associated with demand conditions in importing countries, supply conditions in exporting countries, and bilateral trade cost...

Economic approaches to measuring the significance of food safety in international trade.

Science.gov (United States)

Caswell, J A

2000-12-20

International trade in food products has expanded rapidly in recent years. This paper presents economic approaches for analyzing the effects on trade in food products of the food safety requirements of governments and private buyers. Important economic incentives for companies to provide improved food safety arise from (1) public incentives such as ex ante requirements for sale of a product with sufficient quality and ex post penalties (liability) for sale of products with deficient quality, and (2) private incentives for producing quality such as internal performance goals (self-regulation) and the external (certification) requirements of buyers. The World Trade Organization's Sanitary Phytosanitary Agreement facilitates scrutiny of the benefits and costs of country-level regulatory programs and encourages regulatory rapprochement on food safety issues. Economists can help guide risk management decisions by providing estimates of the benefits and costs of programs to improve food safety and by analyzing their effect on trade in food products.

Trading volume and the number of trades

OpenAIRE

Marwan Izzeldin

2007-01-01

Trading volume and the number of trades are both used as proxies for market activity, with disagreement as to which is the better proxy for market activity. This paper investigates this issue using high frequency data for Cisco and Intel in 1997. A number of econometric methods are used, including GARCH augmented with lagged trading volume and number of trades, tests based on moment restrictions, regression analysis of volatility on volume and trades, normality of returns when standardized by...

The Evaluation of Internal Control Implementation Over Merchandise Inventory at PT. Suramando (Pharmaceutical Distributors and General Suppliers) in Manado

OpenAIRE

Runtu, Treesje; Seredei, Srijantri

2015-01-01

Inventory is a firms current assets, that its amount is material and constituting one of essential factor in the corporate operational activity. That is why a good internal controls to must be done secure supplies from the acts of fraud, deviation and damage. The purpose of this study is to evaluate the internal control over merchandise inventory at PT. Suramando it is running well. The method used is qualitative method through descriptive analysis. The final conclusion is that based on the e...

Markets, Herding and Response to External Information.

Science.gov (United States)

Carro, Adrián; Toral, Raúl; San Miguel, Maxi

2015-01-01

We focus on the influence of external sources of information upon financial markets. In particular, we develop a stochastic agent-based market model characterized by a certain herding behavior as well as allowing traders to be influenced by an external dynamic signal of information. This signal can be interpreted as a time-varying advertising, public perception or rumor, in favor or against one of two possible trading behaviors, thus breaking the symmetry of the system and acting as a continuously varying exogenous shock. As an illustration, we use a well-known German Indicator of Economic Sentiment as information input and compare our results with Germany's leading stock market index, the DAX, in order to calibrate some of the model parameters. We study the conditions for the ensemble of agents to more accurately follow the information input signal. The response of the system to the external information is maximal for an intermediate range of values of a market parameter, suggesting the existence of three different market regimes: amplification, precise assimilation and undervaluation of incoming information.

Markets, Herding and Response to External Information.

Directory of Open Access Journals (Sweden)

Adrián Carro

Full Text Available We focus on the influence of external sources of information upon financial markets. In particular, we develop a stochastic agent-based market model characterized by a certain herding behavior as well as allowing traders to be influenced by an external dynamic signal of information. This signal can be interpreted as a time-varying advertising, public perception or rumor, in favor or against one of two possible trading behaviors, thus breaking the symmetry of the system and acting as a continuously varying exogenous shock. As an illustration, we use a well-known German Indicator of Economic Sentiment as information input and compare our results with Germany's leading stock market index, the DAX, in order to calibrate some of the model parameters. We study the conditions for the ensemble of agents to more accurately follow the information input signal. The response of the system to the external information is maximal for an intermediate range of values of a market parameter, suggesting the existence of three different market regimes: amplification, precise assimilation and undervaluation of incoming information.

Regional Trade Agreement and Agricultural Trade in East African ...

African Journals Online (AJOL)

Intra-EAC trade is very low, that is, at 9 per cent of the total regional trade, but it is on upward trend. Agricultural trade accounts for over 40 per cent of the intra-EAC trade. This study investigated the effect of EAC regional trade agreement on the regions agricultural trade by analyzing the degree of trade creation and ...

Trade creation and trade diversion in the Canada - United States Free Trade Agreement

OpenAIRE

Kimberly A. Clausing

2001-01-01

In this paper the changes in trade patterns introduced by the Canada-United States Free Trade Agreement are examined. Variation in the extent of tariff liberalization under the agreement is used to identify the impact of tariff liberalization on the growth of trade both with member countries and non-member countries. Data at the commodity level are used, and the results indicate that the Canada-United States Free Trade Agreement had substantial trade creation effects, with little evidence of ...

Trade Policy

OpenAIRE

Murray Gibbs

2007-01-01

In an otherwise insightful and thoughtful article, Sebastian Pfotenhauer (Trade Policy Is Science Policy,” Issues, Fall 2013) might better have entitled his contribution “Trade Policy Needs to Be Reconciled with Science Policy.” The North American Free Trade Agreement (NAFTA) and the agreements administered by the World Trade Organization, particularly the General Agreement on Tariffs and Trade (GATT) and the Technical Barriers to Trade (TBT), were adopted to promote international trade and i...

International provision of trade services, trade, and fragmentation

OpenAIRE

Deardorff, Alan V.

2001-01-01

The author examines the special role that trade liberalization in services industries can play in stimulating trade in both services, and goods. International trade in goods requires inputs from such trade services as transportation, insurance, and finance, for example. Restrictions on services across borders, and within foreign countries add costs, and barriers to international trade. Lib...

RELATIVECONTRIBUTIONS OF THE NIGERIAN CAPITALMARKETTO THE GROWTH OF EXTERNAL RESERVES (2005-2014

Directory of Open Access Journals (Sweden)

Akaninyene Udo Akpan

2015-01-01

Full Text Available Virtually all aspects of human endeavour entail the use of money either selfgenerated or borrowed. In capital market, the stock in trade is money which couldbe raised through various instruments under well governed rules and regulationscarefully administered and followed by different institutions or market operators.External reserves constitute an integral part of the wealth of the nation such thatthe lack of it brings worry to most nations and can limit the ability of the countryto make foreign currency denominated payments and limits its spending abroad.Hence,countries are induced to hold reserves to allow monetary authorities tointervene in markets to control the exchange rate and inflation. Adequate reservesalso allow the country to borrow from abroad and to hedge against instability anduncertainty of external capital flows.Therefore, the objective of this paper is toaccess the relative contribution of the Nigerian capital market if any to the growthof her external reserve.The methodology used is purely descriptive and narrative and the data used is secondary. The evidence provided in the study based on thestatistical analysis, revealed that the Nigerian capital market can induce thegrowthof external reserve but it has not contributed to the growth of externalreserve in Nigeria. Furthermore, the study recommendedamong otherstheneedfor availability of more investment instruments such as derivatives, futures,swaps, options in the market and theexpansion of the Nigerian capital Market bythe government creating an enabling investable environment that will increaseboth the volume of transactions and number of securities traded in the market.This will improve their ability to mobilize resources and efficiently allocate themto the most productive sectors of the economy hence, contributing its portion tothe growth of her external reserve.

The trade credit channel revisited : evidence from micro data of Japanese small firms

NARCIS (Netherlands)

Ogawa, Kazuo; Sterken, Elmer; Tokutsu, Ichiro

It is suggested that trade credit can be a substitute for bank loans for small- and medium-sized enterprises (SMEs) that have little access to external funding sources. Using unique cross-sectional survey data of Japanese SMEs, we conduct a deep investigation into the substitutability between bank

[MATCHE: Management Approach to Teaching Consumer and Homemaking Education.] Occupational Strand: Textiles and Clothing. Module II-D-3: Merchandising Textiles and Ready-to-Wear.

Science.gov (United States)

Gylling, Margaret

This competency-based preservice home economics teacher education module on merchandising textiles and ready-to-wear is the third in a set of three modules on occupational aspects of textiles and clothing. (This set is part of a larger series of sixty-seven modules on the Management Approach to Teaching Consumer and Homemaking Education…

THE WORLD TRADE ORGANIZATION (WTO FREE TRADE WITHIN FAIR TRADE CHALLENGES

Directory of Open Access Journals (Sweden)

M. Ya’kub Aiyub Kadir

2014-06-01

Full Text Available Free trade and fair trade are considered an ambiguous term with relative meanings of identification. Objectively, free and fair trade does not mean completely free and fair, but it means trade under binding rules obeyed by member countries as a consequence of their commitment after signing and ratification of the WTO agreements. Hence, this paper aims at exploring the issue and does an effort to harmonise between free trade and fair trade within the WTO system. Perdagangan bebas dan perdagangan yang adil adalah dua istilah yang ambigu maknanya. Secara obyektif, perdagangan bebas tidak bermakna bebas dan adil seluruhnya, tetapi bermakna sebuah perdagangan di bawah aturan-aturan mengikat setelah negara anggota menandatangani dan meratifikasi kesepakatan WTO. Tetapi dalam realitas kebanyakan Negara, terutama negara berkembang tidak mampu untuk membuka pasar dan menurunkan tarif secara keseluruhan. Persoalan tidak berimbangnya kekuatan, kurang demokrasi, krisis legitimasi dan dobel standar dalam WTO sistem merupakan sebuah tantangan yang masih berlanjut. Paper ini akan mengkaji persoalan ini dan berupaya mengharmonisasikan antara perdagangan bebas dan adil dalam sistem WTO.

THE WORLD TRADE ORGANIZATION (WTO FREE TRADE WITHIN FAIR TRADE CHALLENGES

Directory of Open Access Journals (Sweden)

M. Ya’kub Aiyub Kadir

2014-06-01

Full Text Available Free trade and fair trade are considered an ambiguous term with relative meanings of identification. Objectively, free and fair trade does not mean completely free and fair, but it means trade under binding rules obeyed by member countries as a consequence of their commitment after signing and ratification of the WTO agreements. Hence, this paper aims at exploring the issue and does an effort to harmonise between free trade and fair trade within the WTO system.   Perdagangan bebas dan perdagangan yang adil adalah dua istilah yang ambigu maknanya. Secara obyektif, perdagangan bebas tidak bermakna bebas dan adil seluruhnya, tetapi bermakna sebuah perdagangan di bawah aturan-aturan mengikat setelah negara anggota menandatangani dan meratifikasi kesepakatan WTO. Tetapi dalam realitas kebanyakan Negara, terutama negara berkembang tidak mampu untuk membuka pasar dan menurunkan tarif secara keseluruhan. Persoalan tidak berimbangnya kekuatan, kurang demokrasi, krisis legitimasi dan dobel standar dalam WTO sistem merupakan sebuah tantangan yang masih berlanjut. Paper ini akan mengkaji persoalan ini dan berupaya mengharmonisasikan antara perdagangan bebas dan adil dalam sistem WTO.

Fashion Merchandising Module. An Advanced-Level Option for Distribution and Marketing. For the U.S.O.E. Occupational Cluster of 04.02 Apparel and Accessories Marketing.

Science.gov (United States)

Clis, Pat; And Others

This instructional module on fashion merchandising is designed as a guide for secondary education teachers who are helping twelfth grade students develop occupational competency for entry-level positions in fashion-related jobs. An introductory section covers module goals, career opportunities and employment demands, administrative considerations,…

TRENDS REGARDING THE DEVELOPMENT OF THE COMMERCIAL ACTIVITY IN ROMANIA

Directory of Open Access Journals (Sweden)

Catana Adina

2010-07-01

Full Text Available World economy is experiencing some important transformations, mainly due to the rapid evolution of the informational and communication technologies. In the last years, new technologies flooded the production processes. They have allowed the improvement of the processing and use of the economic information and the general accelaration of the economic flows. The technological revolution is presented in all its trade forms, either the wholesale trade or the retail trade. The technical progress interferes with the economic activity through the re-engineering of the production lines, the revolution in the field of building materials and store, shopping center, malls and industrial hall building, the considerably shorter time period these are being built and they become available for the commercial activity, the revolution in the field of supply, merchandise storage and manipulation, the appearance of different types of intelligent machineries and equipment, merchandise storage software improving the way the client is served at the counter. The industrial revolution determines a reorganization of the economic activity, a resetting of the trade economic activity by directing the trader towards the client using new commercial techniques and strategies.

Trade and the governance of ecosystem services

International Nuclear Information System (INIS)

Norgaard, Richard B.; Jin, Ling

2008-01-01

We work with a basic general equilibrium model of an economy with an industrial good and a rural good. Industrial good production results in pollution that affects the provision of ecosystem services and thereby the production of the rural good. The assignment of ecosystem rights to the industrial polluters or to the rural pollutees results in differential transaction costs that affect production possibilities between the two goods. Ecosystem rights are assigned to maximize social welfare. Over time, technological change and differences in income superiority affect the choice of the assignment of rights. Opening to trade affects the choice of the assignment of ecosystem rights depending on the nature of technological change, but the relative income superiority of goods no longer affects the assignment of ecosystem rights in a small economy. Thus, among other findings, we demonstrate that the phenomena known as the environmental Kuznets curve does not hold for the protection of ecosystem services in production, or production externalities generally, because trade separates consumption from production. (author)

Trade and the governance of ecosystem services

Energy Technology Data Exchange (ETDEWEB)

Norgaard, Richard B.; Jin, Ling [Energy and Resources Group, University of California, Berkeley (United States)

2008-07-15

We work with a basic general equilibrium model of an economy with an industrial good and a rural good. Industrial good production results in pollution that affects the provision of ecosystem services and thereby the production of the rural good. The assignment of ecosystem rights to the industrial polluters or to the rural pollutees results in differential transaction costs that affect production possibilities between the two goods. Ecosystem rights are assigned to maximize social welfare. Over time, technological change and differences in income superiority affect the choice of the assignment of rights. Opening to trade affects the choice of the assignment of ecosystem rights depending on the nature of technological change, but the relative income superiority of goods no longer affects the assignment of ecosystem rights in a small economy. Thus, among other findings, we demonstrate that the phenomena known as the environmental Kuznets curve does not hold for the protection of ecosystem services in production, or production externalities generally, because trade separates consumption from production. (author)

MERCHANDISING – ESTUDO DE CASO SOBRE UM NOVO CONCEITO DE EXPOSIÇÃO DOS PRODUTOS ADAMS NO VAREJO

Directory of Open Access Journals (Sweden)

Eliseu Klein

2007-01-01

Full Text Available A partir da necessidade de se explorar melhor os espaços para exibição de confeitos em lojas do pequeno varejo, detectou-se a oportunidade de serem desenvolvidas peças expositoras que além de destacarem os produtos Adams, ainda dispusessem de um espaço extra para os varejistas exibirem outros produtos. Este estudo procurou avaliar a percepção dos resultados da mudança na forma de expor os confeitos. Buscou entender como era a situação da exposição anterior e como se deu o processo de mudança. Também teve como objetivo demonstrar a forma atual de exibição dos produtos, bem como averiguar a percepção do novo conceito de exposição por parte dos varejistas e lideranças da empresa. Realizou-se um estudo de caso exploratório, em três etapas: (1ª pesquisa bibliográfica; (2ª pesquisa de observação direta e (3ª entrevistas em profundidade, realizadas com varejistas e lideranças da Adams. Os entrevistados apontaram aspectos positivos em relação aos materiais e ao novo conceito de exposição, enfatizando a importância do merchandising no auto-serviço e sua influência nas vendas de produtos que são comprados por impulso. PALAVRAS-CHAVE: Varejo. Marketing. Merchandising. Exposição. Auto-serviço. Compra por impulso.

Energy trading

International Nuclear Information System (INIS)

Glachant, J.M.; Kimman, R.; Schweickardt, H.E.

2001-05-01

This document brings together 18 testimonies of experts about energy trading: 1 - the energy trading experience on European deregulated markets: structure of deregulated energy markets in Europe, case study: a two years experience of a power exchange in western Europe, case study: European energy exchanges (experience of spot and future trading), case study: risk management on energy deregulated markets; 2 - the trading activity environment and realities in France: the French electrical law and the purchase for resale, experience feedback: status after 3 months of trading in France (the first experience of a French producer), the access to the power transportation network, which legal constraints for trading in France, the access of eligible clients to the French power market, conditions of implementation of a power exchange market in France, which real trading possibilities in France for producers and self-producers in the legal frame, case study: the role of trading in the company (main part or link to process), convergence of gas and electricity markets, gas-electricity trading: which pricing models; 3 - risk management and use of new technologies potentiality, the results outside the French borders: case study: what differences between the European and US markets, prices volatility and commodity risk management: towards the on-line trading, role and developments of E-business in energy trading, how to simplify trade in a liberalized market. (J.S.)

Marine Transportation System Performance Measures Research

Science.gov (United States)

2016-06-01

the water resource project suitability can be evaluated according to National Economic Development (NED) principles (U.S. Army Corps of Engineers...www.census.gov/ econ /census/about/. U.S. Census Bureau, Foreign Trade Division. 2015. FT920 - U.S. Merchandise Trade: Selected Highlights (annual issues...Updated Principles , Requirements and Guidelines for Water and Land Related Resources Implementation Studies. Washington, DC: The White House. World

Evolution of trade patterns and economic performance:the case of France and Switzerland during the nineteenth century

OpenAIRE

Léo CHARLES

2015-01-01

Using two original databases, built from external trade statistic of France and Switzerland, this article uses a highly disaggregated product-level to analyze the type, the nature and the dynamic of French and Swiss specialization. Despite of differences between France and Switzerland in terms of economic environment, this article underlines some common trends regarding the three aspects of specialization. For instance, the article shows that intra-industry trade flows were occurring between ...

International trade law perspectives on paperless trade and inclusive digital trade

OpenAIRE

Mitchell, Andrew D.; Mishra, Neha

2017-01-01

Cross-border paperless trade is increasingly important to generate economic gains in a digitalised economy. Several developing and least developed countries will need to modernise their domestic laws and regulations to facilitate cross-border electronic transmissions, particularly to promote cloud computing and electronic payments. In recent trade agreements, trading partners have committed to deeper and more comprehensive provisions on electronic commerce, including adopting domestic laws on...

19 CFR 142.21 - Merchandise eligible for special permit for immediate delivery.

Science.gov (United States)

2010-04-01

... of a trade fair. Articles for a trade fair may be released under the immediate delivery procedure, as... period, whichever expires first. If proper presentation is not made until after the tariff-rate quota is...

77 FR 73979 - Magnesium Metal From the Russian Federation: Notice of Reinstated Final Results of Administrative...

Science.gov (United States)

2012-12-12

... process, including titanium production, in allocating joint costs to the subject merchandise. The CIT... to take VSMPO-AVISMA's entire production process into account, including the stages of production... DEPARTMENT OF COMMERCE International Trade Administration [A-821-819] Magnesium Metal From the...

Additive versus multiplicative trade costs and the gains from trade

DEFF Research Database (Denmark)

Sørensen, Allan

This paper addresses welfare effects from trade liberalization in a heterogeneous-fi…rms trade model including the empirically important per-unit (i.e. additive) trade costs in addition to the conventional iceberg (i.e. multiplicative) and fi…xed trade costs. The novel contribution of the paper...... is the result that the welfare gain for a given increase in trade openness is higher for reductions in per-unit (additive) trade costs than for reductions in iceberg (multiplicative) trade costs. The ranking derives from differences in intra-industry reallocations and in particular from dissimilar impacts...

Estimating the elasticity of trade: the trade share approach

OpenAIRE

Mauro Lanati

2013-01-01

Recent theoretical work on international trade emphasizes the importance of trade elasticity as the fundamental statistic needed to conduct welfare analysis. Eaton and Kortum (2002) proposed a two-step method to estimate this parameter, where exporter fixed effects are regressed on proxies for technology and wages. Within the same Ricardian model of trade, the trade share provides an alternative source of identication for the elasticity of trade. Following Santos Silva and Tenreyro (2006) bot...

International energy indicators

Science.gov (United States)

Rosoi, E., Jr.

1982-01-01

Data are presented under the following headings: world crude oil production, OPEC crude oil productive capacity; world crude oil and refined product inventory levels; and oil consumption in the OECD countries. The USSR crude oil production and exports; free world and US nuclear electricity generation; US domestic oil supply; US gross imports of crude oil and products; landed cost of Saudi crude, current and 1974 dollars; US coal trade; US natural gas trade; summary of US merchandise trade; and energy/GNP ratio data are also included.

Plurilateral Trade Deals: An Alternative for Multilateral Trade Agreements?

Directory of Open Access Journals (Sweden)

Agnes Ghibuțiu

2016-04-01

Full Text Available While multilateral trade negotiations under the World Trade Organization (WTO continue to be in impasse, plurilateral trade negotiations – i.e. among a group of WTO members – have intensified in recent years, and also recorded a series of concrete results in liberalizing specific sectors of international trade. Hence, there is a widely shared view that plurilateral trade negotiations could be an alternative for the multilateral ones. This paper aims to answer the following questions: What are plurilateral trade agreements? Which are the reasons behind the surge in plurilateral negotiations in recent years? What are the main achievements in liberalizing trade at the plurilateral level? What are the advantages of plurilateral negotiations relative to multilateral ones, and why are they considered an attractive alternative for negotiations at the multilateral level?

Act locally, trade globally. Emissions trading for climate policy

Energy Technology Data Exchange (ETDEWEB)

none

2005-07-01

Climate policy raises a number of challenges for the energy sector, the most significant being the transition from a high to a low-CO2 energy path in a few decades. Emissions trading has become the instrument of choice to help manage the cost of this transition, whether used at international or at domestic level. Act Locally, Trade Globally, offers an overview of existing trading systems, their mechanisms, and looks into the future of the instrument for limiting greenhouse gas emissions. Are current markets likely to be as efficient as the theory predicts? What is, if any, the role of governments in these markets? Can domestic emissions trading systems be broadened to activities other than large stationary energy uses? Can international emissions trading accommodate potentially diverse types of emissions targets and widely different energy realities across countries? Are there hurdles to linking emissions trading systems based on various design features? Can emissions trading carry the entire burden of climate policy, or will other policy instruments remain necessary? In answering these questions, Act Locally, Trade Globally seeks to provide a complete picture of the future role of emissions trading in climate policy and the energy sector.

77 FR 39467 - Stainless Steel Bar From India: Final Results of the Antidumping Duty Administrative Review

Science.gov (United States)

2012-07-03

... DEPARTMENT OF COMMERCE International Trade Administration [A-533-810] Stainless Steel Bar From... duty order on stainless steel bar from India. The review covers shipments of subject merchandise to the... Bar From India: Preliminary Results and Partial Rescission of the Antidumping Duty Administrative...

78 FR 55241 - Corrosion-Resistant Carbon Steel Flat Products From the Republic of Korea: Preliminary Results of...

Science.gov (United States)

2013-09-10

... merchandise covered by this Order \\2\\ is certain corrosion- resistant carbon steel flat products from Korea... DEPARTMENT OF COMMERCE International Trade Administration [C-580-818] Corrosion-Resistant Carbon... the countervailing duty (CVD) order on corrosion-resistant carbon steel flat products (CORE) from the...

19 CFR Appendix to Part 163 - Interim (a)(1)(A) List

Science.gov (United States)

2010-04-01

..., merchandise (commercial product) description, quantities, values, unit price, trade terms, part, model, style... applicable including Style Number, Article Number and Product Steel Entries: Ordering specifications... 214 [T.D. 98-56, 63 FR 32946, June 16, 1998] Editorial Note: For Federal Register citations affecting...

77 FR 73424 - Steel Wire Garment Hangers From Taiwan: Antidumping Duty Order

Science.gov (United States)

2012-12-10

... materially injuring a U.S. industry, all unliquidated entries of such merchandise from Taiwan, entered or... From Taiwan: Antidumping Duty Order AGENCY: Import Administration, International Trade Administration... ``ITC''), the Department is issuing an antidumping duty order on steel wire garment hangers from Taiwan...

78 FR 52502 - Multilayered Wood Flooring From the People's Republic of China: Final Results of Antidumping Duty...

Science.gov (United States)

2013-08-23

... DEPARTMENT OF COMMERCE International Trade Administration [A-570-970] Multilayered Wood Flooring... an antidumping duty new shipper review of multilayered wood flooring (``MLWF'') from the People's... of subject merchandise at less than normal value. \\1\\ See Multilayered Wood Flooring From the People...

Local-scale dynamics and local drivers of bushmeat trade.

Science.gov (United States)

Nyaki, Angela; Gray, Steven A; Lepczyk, Christopher A; Skibins, Jeffrey C; Rentsch, Dennis

2014-10-01

Bushmeat management policies are often developed outside the communities in which they are to be implemented. These policies are also routinely designed to be applied uniformly across communities with little regard for variation in social or ecological conditions. We used fuzzy-logic cognitive mapping, a form of participatory modeling, to compare the assumptions driving externally generated bushmeat management policies with perceptions of bushmeat trade dynamics collected from local community members who admitted to being recently engaged in bushmeat trading (e.g., hunters, sellers, consumers). Data were collected during 9 workshops in 4 Tanzanian villages bordering Serengeti National Park. Specifically, we evaluated 9 community-generated models for the presence of the central factors that comprise and drive the bushmeat trade and whether or not models included the same core concepts, relationships, and logical chains of reasoning on which bushmeat conservation policies are commonly based. Across local communities, there was agreement about the most central factors important to understanding the bushmeat trade (e.g., animal recruitment, low income, and scarcity of food crops). These matched policy assumptions. However, the factors perceived to drive social-ecological bushmeat trade dynamics were more diverse and varied considerably across communities (e.g., presence or absence of collaborative law enforcement, increasing human population, market demand, cultural preference). Sensitive conservation issues, such as the bushmeat trade, that require cooperation between communities and outside conservation organizations can benefit from participatory modeling approaches that make local-scale dynamics and conservation policy assumptions explicit. Further, communities' and conservation organizations' perceptions need to be aligned. This can improve success by allowing context appropriate policies to be developed, monitored, and appropriately adapted as new evidence is

Universal Trade-Off between Power, Efficiency, and Constancy in Steady-State Heat Engines

Science.gov (United States)

Pietzonka, Patrick; Seifert, Udo

2018-05-01

Heat engines should ideally have large power output, operate close to Carnot efficiency and show constancy, i.e., exhibit only small fluctuations in this output. For steady-state heat engines, driven by a constant temperature difference between the two heat baths, we prove that out of these three requirements only two are compatible. Constancy enters quantitatively the conventional trade-off between power and efficiency. Thus, we rationalize and unify recent suggestions for overcoming this simple trade-off. Our universal bound is illustrated for a paradigmatic model of a quantum dot solar cell and for a Brownian gyrator delivering mechanical work against an external force.

PRICE CATEGORIES USED IN FOREIGN TRADE TRANSACTIONS IN THE LIGHT OF THE DELIVERY TERMS INCOTERMS 2010

Directory of Open Access Journals (Sweden)

Paliu - Popa Lucia

2011-12-01

Full Text Available On the international markets of goods, pricing is usually done by the confrontation between supply and demand, under pressure from global competition; such pricing is influenced by many other factors that reflect the structural crisis phenomena triggered in the world economy, or factors specific to different groups of goods. After negotiation, the contracting parties should obtain the best price, taking into account the circumstantial situation of the world market upon the transaction, the quality and the technical and functional parameters of the goods subject to negotiations, comparable to those of the competition, the delivery terms and the payment method. From this perspective, we believe that the provision of substantiated external prices makes it easier to obtain maximum benefits and achieve the trade with foreign countries under the best terms. Because the external price is an essential element of the agreement of international sale of goods that contributes substantially to the profitability of an entity, we will deal below with the main categories of prices used in foreign trade activities, both in intra-Community and international transactions, taking into account the models for calculating the external price, compared to the delivery terms Incoterms 2010.

Trade Facilitation Provisions in Regional Trade Agreements: Discriminatory or Non-discriminatory?

Directory of Open Access Journals (Sweden)

Innwon Park

2016-12-01

Full Text Available The RTAs with trade facilitation provisions have been expected to generate a larger net trade-creating effect and complement the discriminatory feature of RTAs but have yet to be empirically proven. Recognizing the limitations of existing studies, we conducted a quantitative analysis on the effects of RTAs with and without trade facilitation provisions on both intra- and extra-bloc trade by using a modified gravity equation. We applied the Poisson Pseudo-Maximum Likelihood (PPML estimation with time varying exporter and importer fixed effect method to panel data consisting of 45,770 country pairs covering 170 countries for 2000-2010. We found that the trade facilitation provisions in existing RTAs are non-discriminatory by generating more intra- and extra-bloc trade in general. In particular, we found that the trade effects of RTAs in the APEC region are much stronger than the general case covering all RTAs in the world. In addition, as we control the trade effect of a country's trade facilitation, which is ranked by the World Bank's logistic performance index, RTAs consisting of trade facilitation provisions are discriminatory for trade in final goods and non-discriminatory for trade in intermediate goods. Overall, we endeavor to "explain," instead of "hypothesizing," why most of the recent RTAs contain trade facilitation provisions, especially in light of the deepening regional interdependence through trade in parts and components under global value chains and support the necessity of multilateralizing RTAs by implementing non-discriminatory trade facilitation provisions.

Managing Behaviour of Retail Trade Consumers

Directory of Open Access Journals (Sweden)

Budnik Maryna M.

2014-03-01

Full Text Available The article is devoted to the problem of management of behaviour of retail trade consumers. It shows importance of this topic at the stage of market changes in economic and social spheres. Generalising theoretical provisions about models of consumer behaviour, the article marks out three main groups of factors that influence them: external, internal and situational. The authors offer to allocate sensor forms of communications into a separate group of factors due to a distinctive property of their impact – orientation at subconsciousness of consumers. The article analyses a psychological process of making a decision on purchase of a commodity and draws a conclusion about necessity of exerting subconsciousness influence upon consumer behaviour using the modern marketing instruments. It develops an improved model of consumer behaviour, which takes into account innovation means of impact on the buyer. The prospect of further development of this direction in science is creation of theoretical methods of managing consumer behaviour on the basis of co-operation of specialists in the field of economy, management, marketing, sociology and psychology, which would be applied in practice of management of trade enterprises.

25 CFR 141.50 - Penalty and forfeiture of merchandise.

Science.gov (United States)

2010-04-01

... resides as a reservation business owner within the exterior boundaries of the Navajo, Hopi, or Zuni Reservations or introduces or attempts to introduce goods or to trade therein without a license shall forfeit...

77 FR 69792 - Certain Pasta From Turkey: Final Results of Countervailing Duty Administrative Review; 2010

Science.gov (United States)

2012-11-21

... DEPARTMENT OF COMMERCE International Trade Administration [C-489-806] Certain Pasta From Turkey... review of the countervailing duty order on certain pasta from Turkey for the period January 1, 2010... subject merchandise during the period of review. See Certain Pasta From Turkey: Preliminary Results of...

77 FR 45582 - Certain Pasta From Italy: Preliminary Results of the 15th (2010) Countervailing Duty...

Science.gov (United States)

2012-08-01

... DEPARTMENT OF COMMERCE International Trade Administration [C-475-819] Certain Pasta From Italy... order on certain pasta from Italy for the period January 1, 2010, through December 31, 2010. We... duty order on certain pasta (``pasta'' or ``subject merchandise'') from Italy. See Notice of...

77 FR 27438 - Certain Corrosion-Resistant Carbon Steel Flat Products From Korea: Final Results of Expedited...

Science.gov (United States)

2012-05-10

... DEPARTMENT OF COMMERCE International Trade Administration [C-580-818] Certain Corrosion-Resistant... order on certain corrosion-resistant carbon steel flat products (``CORE'') from the Republic of Korea.... Scope of the Order The merchandise covered by the order includes flat-rolled carbon steel products, of...

75 FR 67102 - Cased Pencils From China

Science.gov (United States)

2010-11-01

.... (12) Identify significant changes, if any, in the supply and demand conditions or business cycle for..., Deputy Agency Ethics Official, at 202-205-3088. Limited disclosure of business proprietary information... Subject Merchandise, a U.S. or foreign trade or business association, or another interested party...

77 FR 5049 - Pure Magnesium From China; Institution of a Five-Year Review

Science.gov (United States)

2012-02-01

.... (12) Identify significant changes, if any, in the supply and demand conditions or business cycle for... disclosure of business proprietary information (BPI) under an administrative protective order (APO) and APO... Subject Merchandise, a U.S. or foreign trade or business association, or another interested party...

76 FR 168 - Heavy Forged Hand Tools From China

Science.gov (United States)

2011-01-03

.... (12) Identify significant changes, if any, in the supply and demand conditions or business cycle for..., Deputy Agency Ethics Official, at 202-205-3088. Limited disclosure of business proprietary information... Subject Merchandise, a U.S. or foreign trade or business association, or another interested party...

77 FR 45653 - Lemon Juice From Argentina and Mexico

Science.gov (United States)

2012-08-01

... significant changes, if any, in the supply and demand conditions or business cycle for the Domestic Like..., Deputy Agency Ethics Official, at 202-205-3088. Limited disclosure of business proprietary information... trade/business association; import/export Subject Merchandise from more than one Subject Country; or...

77 FR 17422 - Notice of Final Determination of Sales at Less Than Fair Value and Affirmative Critical...

Science.gov (United States)

2012-03-26

... does not find a history of injurious dumping of the subject merchandise from Mexico pursuant to section... Mount Combination Refrigerator-Freezers From Mexico AGENCY: Import Administration, International Trade... refrigerator-freezers (bottom mount refrigerators) from Mexico are being, or are likely to be, sold in the...

77 FR 66954 - Carbon and Certain Alloy Steel Wire Rod From Mexico: Preliminary Results of Antidumping Duty...

Science.gov (United States)

2012-11-08

... AGENCY: Import Administration, International Trade Administration, U.S. Department of Commerce. SUMMARY... review covers one producer/ exporter of the subject merchandise, Deacero S.A. de C.V. and Deacero USA... CONTACT: Patricia M. Tran or Eric B. Greynolds, AD/CVD Operations, Office 3, Import Administration...

The Supply of Trade Credit by Brazilian Publicly Traded Firms

Directory of Open Access Journals (Sweden)

Rafael Felipe Schiozer

2011-12-01

Full Text Available This paper investigates the determinants of trade credit supply by Brazilian publicly traded companies between the years of 2005 and 2008. International literature (both theoretical and empirical documents that the main determinants of trade credit supply are the size of the firm and the size of its debt. Both indicate that the availability of resources to the firm is an important factor for the supply of trade credit. In addition, the literature confirms strategic uses of trade credit such as those for price discrimination purposes. The results obtained using a sample of 157 Brazilian companies do not support that size and indebtedness are relevant determinants for trade credit supply, but they confirm the supply of trade credit as a strategic tool for the firms. Additionally we observed a significant decrease in trade credit supply in 2008, the year in which a severe international financial crisis took place.

Insider trading

International Nuclear Information System (INIS)

Maslechko, W.S.

1998-01-01

The policy arguments for and against prohibiting insider trading within the petroleum industry are discussed. Legal definitions of all relevant terms (e.g. 'special relationship' 'tippees', 'material facts', material changes' 'generally disclosed' information', 'necessary course of business') are provided. Enforcement of insider trading/tipping prohibitions are also defined. The recommended practice is: do not trade; do not tell or advise; encourage timely disclosure; do not speculate; implement a corporate disclosure and trading policy

A microbial model of economic trading and comparative advantage.

Science.gov (United States)

Enyeart, Peter J; Simpson, Zachary B; Ellington, Andrew D

2015-01-07

The economic theory of comparative advantage postulates that beneficial trading relationships can be arrived at by two self-interested entities producing the same goods as long as they have opposing relative efficiencies in producing those goods. The theory predicts that upon entering trade, in order to maximize consumption both entities will specialize in producing the good they can produce at higher efficiency, that the weaker entity will specialize more completely than the stronger entity, and that both will be able to consume more goods as a result of trade than either would be able to alone. We extend this theory to the realm of unicellular organisms by developing mathematical models of genetic circuits that allow trading of a common good (specifically, signaling molecules) required for growth in bacteria in order to demonstrate comparative advantage interactions. In Conception 1, the experimenter controls production rates via exogenous inducers, allowing exploration of the parameter space of specialization. In Conception 2, the circuits self-regulate via feedback mechanisms. Our models indicate that these genetic circuits can demonstrate comparative advantage, and that cooperation in such a manner is particularly favored under stringent external conditions and when the cost of production is not overly high. Further work could involve implementing the models in living bacteria and searching for naturally occurring cooperative relationships between bacteria that conform to the principles of comparative advantage. Copyright © 2014 The Authors. Published by Elsevier Ltd.. All rights reserved.

19 CFR 24.23 - Fees for processing merchandise.

Science.gov (United States)

2010-04-01

... CBP; and (B) In the case of an underpayment, interest will accrue on the amount not paid from the date... the United States-Chile Free Trade Agreement Implementation Act (see also General Note 26, HTSUS) that... rate under paragraph (b)(1)(i)(A) of this section to the total value of such daily importations. (2...

Additive versus Multiplicative Trade Costs and the Gains from Trade Liberalizations

DEFF Research Database (Denmark)

Sørensen, Allan

2014-01-01

This paper addresses welfare e¤ects from trade liberalization in a Melitz (2003) heterogeneous-…rms trade model including the empirically important per-unit (i.e. additive) trade costs in addition to the conventional iceberg (i.e. multiplicative) and …xed trade costs. The novel contribution...... of the pa- per is the result that the welfare gain for a given increase in trade openness is higher for reductions in per-unit (additive) trade costs than for reductions in iceberg (multiplicative) trade costs. The ranking derives from di¤erences in intra-industry reallocations and in particular from...

Testing the assumptions behind emissions trading in non-market goods: the RECLAIM program in Southern California

International Nuclear Information System (INIS)

Lejano, Raul P.; Hirose, Rei

2005-01-01

Emissions trading is, essentially, a policy instrument that is designed to simulate a market for an otherwise public good. Conceptually, its justification hinges on a number of key assumptions, namely the negligibility of local impacts, the ability to separate and commodify the good in question, and characteristics of a well-functioning market. The authors examine the performance of RECLAIM, a NO x emissions trading program in Southern California, USA, and illustrate how to test these assumptions. There is some evidence that the trading of NO x generates new externalities, such as the possibility that other air pollutants, e.g. volatile organics, are essentially traded along with it. Moreover, the RECLAIM program has recently begun to experience difficulties due to the fact that the market is relatively thin. This analysis provides ways to assess more deeply and reform these trading regimes, including opening up RECLAIM to public review. The case study speaks to a wider arena, as emissions trading is presently being considered in other parts of the world to address issues ranging from acid rain to non-point source pollution to greenhouse gases. The analytic approach, illustrated herein, is a general one that has a wider applicability than the particular case of NO x trading. It is hoped that this kind of critical inquiry can lead to a more careful deliberation of the merits and challenges of emissions trading

Trade Policy Preferences and the Factor Content of Trade

DEFF Research Database (Denmark)

Jäkel, Ina Charlotte; Smolka, Marcel

demonstrate that the factor price changes induced by trade policy are negatively correlated with the factor content of free trade (and therefore factor abundance). Using large-scale international survey data, we test whether these predicted distributional effects are reflected in the trade policy preferences...... of workers with different labor market skills. In order to isolate the effects of factor abundance from other skill-related confounding factors, we employ a within-skill-group estimator that exploits the cross-country variation in the factor content of free trade. In line with theory, the data show......This paper provides a theoretical and empirical analysis of public opinion towards free trade, investigating cleavages both between and within countries. We study the distributional effects of trade policy in a neoclassical economy with not just two, but many input factors in production. We...

Free trade or just trade? The world trade organisation, human rights ...

African Journals Online (AJOL)

The author critically examines the role of the World Trade Organisation (WTO). In recent years, it is noted, the organisation's agenda of trade liberalisation, its perceived lack of accountability and insensitivity to human rights have attracted intense criticism. It has been asserted that provisions of WTO agreements concerning ...

Trade structure, trade mode and the urban-rural income gap in China

Directory of Open Access Journals (Sweden)

Hao Wei

2013-05-01

Full Text Available This paper analyses the effect of foreign trade in China on the urban-rural income gap from certain angles including trade scale, trade structure and trade mode at the national and provincial levels. The empirical results indicate that, from the perspective of trade scale, the export and import in the eastern and national regions have an expansion effect on the urban-rural income gap, and, in the central regions, they have a reduction effect. Furthermore, export in the western regions has a reduction effect while import in these regions did not have a significant effect. From the perspective of trade structure, the trade of high-tech products and labour-intensive products in the national and eastern regions has an expansion effect, and the trade of the above-mentioned products in the central regions has a reduction effect. The trade of labour-intensive products in the western regions has a reduction effect, and that of high-tech products an expansion effect. From the perspective of trade mode, processing trade and general trade in the national and eastern regions have an expansion effect, while in the central regions they have a reduction effect. General trade in the western regions would expand the urban-rural income gap, and processing trade does not have a significant effect. Consequently, when the South African Government is working out trade multiplicative and corresponding policy, they should consider the development of foreign trade and should pay attention to the labour market structure.

Ethics, finance, and automation: a preliminary survey of problems in high frequency trading.

Science.gov (United States)

Davis, Michael; Kumiega, Andrew; Van Vliet, Ben

2013-09-01

All of finance is now automated, most notably high frequency trading. This paper examines the ethical implications of this fact. As automation is an interdisciplinary endeavor, we argue that the interfaces between the respective disciplines can lead to conflicting ethical perspectives; we also argue that existing disciplinary standards do not pay enough attention to the ethical problems automation generates. Conflicting perspectives undermine the protection those who rely on trading should have. Ethics in finance can be expanded to include organizational and industry-wide responsibilities to external market participants and society. As a starting point, quality management techniques can provide a foundation for a new cross-disciplinary ethical standard in the age of automation.

The hidden hyperbolic geometry of international trade: World Trade Atlas 1870-2013.

Science.gov (United States)

García-Pérez, Guillermo; Boguñá, Marián; Allard, Antoine; Serrano, M Ángeles

2016-09-16

Here, we present the World Trade Atlas 1870-2013, a collection of annual world trade maps in which distance combines economic size and the different dimensions that affect international trade beyond mere geography. Trade distances, based on a gravity model predicting the existence of significant trade channels, are such that the closer countries are in trade space, the greater their chance of becoming connected. The atlas provides us with information regarding the long-term evolution of the international trade system and demonstrates that, in terms of trade, the world is not flat but hyperbolic, as a reflection of its complex architecture. The departure from flatness has been increasing since World War I, meaning that differences in trade distances are growing and trade networks are becoming more hierarchical. Smaller-scale economies are moving away from other countries except for the largest economies; meanwhile those large economies are increasing their chances of becoming connected worldwide. At the same time, Preferential Trade Agreements do not fit in perfectly with natural communities within the trade space and have not necessarily reduced internal trade barriers. We discuss an interpretation in terms of globalization, hierarchization, and localization; three simultaneous forces that shape the international trade system.

77 FR 73980 - Fresh Garlic From the People's Republic of China: Preliminary Results of Antidumping Duty...

Science.gov (United States)

2012-12-12

... DEPARTMENT OF COMMERCE International Trade Administration [A-570-831] Fresh Garlic From the People... order on fresh garlic from the People's Republic of China (PRC), covering the period of review (POR... merchandise at less than normal value (NV). The Department is also preliminarily determining that five...

78 FR 49256 - Certain Pasta From Italy: Preliminary Results of the Countervailing Duty Administrative Review; 2011

Science.gov (United States)

2013-08-13

... DEPARTMENT OF COMMERCE International Trade Administration [C-475-819] Certain Pasta From Italy...'') is conducting an administrative review of the countervailing duty order on certain pasta from Italy... The scope of the order consists of certain pasta from Italy. The merchandise subject to the order is...

76 FR 11273 - Ammonium Nitrate From Russia

Science.gov (United States)

2011-03-01

... significant changes, if any, in the supply and demand conditions or business cycle for the Domestic Like..., Deputy Agency Ethics Official, at 202-205-3088. Limited disclosure of business proprietary information... Subject Merchandise, a U.S. or foreign trade or business association, or another interested party...

76 FR 74810 - Foundry Coke From China; Institution of a Five-Year Review

Science.gov (United States)

2011-12-01

.... (12) Identify significant changes, if any, in the supply and demand conditions or business cycle for..., Deputy Agency Ethics Official, at (202) 205-3088. Limited disclosure of business proprietary information... exporter of the Subject Merchandise, a U.S. or foreign trade or business association, or another interested...

78 FR 39319 - Laminated Woven Sacks From China; Institution of Five-Year Reviews

Science.gov (United States)

2013-07-01

... and demand conditions or business cycle for the Domestic Like Product that have occurred in the United..., Deputy Agency Ethics Official, at 202-205-3088. Limited disclosure of business proprietary information... Subject Merchandise, a U.S. or foreign trade or business association, or another interested party...

75 FR 62141 - Glycine From China

Science.gov (United States)

2010-10-07

.... (12) Identify significant changes, if any, in the supply and demand conditions or business cycle for... Official, at 202- 205-3088. Limited disclosure of business proprietary information (BPI) under an... exporter of the Subject Merchandise, a U.S. or foreign trade or business association, or another interested...

78 FR 33064 - Silicon Metal From Russia; Institution of a Five-Year Review

Science.gov (United States)

2013-06-03

... significant changes, if any, in the supply and demand conditions or business cycle for the Domestic Like... of business proprietary information (BPI) under an administrative protective order (APO) and APO... producer or exporter of the Subject Merchandise, a U.S. or foreign trade or business association, or...

78 FR 39321 - Non-Malleable Cast Iron Pipe Fittings From China Institution of a Five-Year Review

Science.gov (United States)

2013-07-01

.... (12) Identify significant changes, if any, in the supply and demand conditions or business cycle for... of business proprietary information (BPI) under an administrative protective order (APO) and APO... exporter of the Subject Merchandise, a U.S. or foreign trade or business association, or another interested...

78 FR 40172 - Steel Nails From China; Institution of a Five-Year Review

Science.gov (United States)

2013-07-03

.... (12) Identify significant changes, if any, in the supply and demand conditions or business cycle for... of business proprietary information (BPI) under an administrative protective order (APO) and APO... producer or exporter of the Subject Merchandise, a U.S. or foreign trade or business association, or...

75 FR 67113 - Sparklers From China

Science.gov (United States)

2010-11-01

.... (12) Identify significant changes, if any, in the supply and demand conditions or business cycle for..., Deputy Agency Ethics Official, at 202-205-3088. Limited disclosure of business proprietary information... exporter of the Subject Merchandise, a U.S. or foreign trade or business association, or another interested...

76 FR 166 - Fresh and Chilled Atlantic Salmon From Norway

Science.gov (United States)

2011-01-03

... and demand conditions or business cycle for the Domestic Like Product that have occurred in the United... Official, at 202-205-3088. Limited disclosure of business proprietary information (BPI) under an... Subject Merchandise, a U.S. or foreign trade or business association, or another interested party...

78 FR 65709 - Crawfish Tail Meat From China Institution of a Five-Year Review

Science.gov (United States)

2013-11-01

.... (12) Identify significant changes, if any, in the supply and demand conditions or business cycle for.... Limited disclosure of business proprietary information (BPI) under an administrative protective order (APO... producer or exporter of the Subject Merchandise, a U.S. or foreign trade or business association, or...

78 FR 3855 - Rule Concerning Cooling-Off Period for Sales Made at Homes or at Certain Other Locations

Science.gov (United States)

2013-01-17

..., such as hotel or motel rooms, convention centers, fairgrounds and restaurants, or sales at the buyer's... product; (4) high prices for low quality merchandise; and (5) the nuisance created by the uninvited... any traded-in property, cancelling and returning any security interests created in the transaction...

Estimating Border Tax Evasion in Mozambique

DEFF Research Database (Denmark)

Arndt, Channing; Van Dunem, Joao Ernesto

2009-01-01

evasion. Results also strongly confirm the presence of fraudulent classification of merchandise into lower taxed product categories. Finally, analysis of the revenue implications of lower trade taxes finds that the revenue curve is quite flat but remains upward sloping with respect to the tax rate when...

Insider trading under trading ban regulation in China’s A-share market

Directory of Open Access Journals (Sweden)

Chafen Zhu

2015-09-01

Full Text Available This study examines the effects of China’s 2008 trading ban regulation on the insider trading of large shareholders in China’s A-share market. It finds no evidence of insider trading during the ban period (one month before the announcement of a financial report, due to high regulation risk. However, the ban only constrains the profitability of insider trades during the ban period, while trades outside it remain highly profitable. Informed insider trading before the ban period is 2.83 times more profitable than uninformed trading. The regulation has changed insider trading patterns, but has been ineffective in preventing insider trading by large shareholders due to rigid administrative supervision and a lack of civil litigation and flexible market monitoring. This study enhances understanding of large shareholders’ trading behavior and has important implications for regulators.

Hydrological challenges to groundwater trading: Lessons from south-west Western Australia

Science.gov (United States)

Skurray, James H.; Roberts, E. J.; Pannell, David J.

2012-01-01

SummaryPerth, Western Australia (pop. 1.6 m) derives 60% of its public water supply from the Gnangara groundwater system (GGS). Horticulture, domestic self-supply, and municipal parks are other major consumers of GGS groundwater. The system supports important wetlands and groundwater-dependent ecosystems. Underlying approximately 2200 km 2 of the Swan Coastal Plain, the GGS comprises several aquifer levels with partial interconnectivity. Supplies of GGS groundwater are under unprecedented stress, due to reduced recharge and increases in extraction. Stored reserves in the superficial aquifer fell by 700 GL between 1979 and 2008. Over a similar period, annual extraction for public supply increased by more than 350% from the system overall. Some management areas are over-allocated by as much as 69%. One potential policy response is a trading scheme for groundwater use. There has been only limited trading between GGS irrigators. Design and implementation of a robust groundwater trading scheme faces hydrological and/or hydro-economic challenges, among others. Groundwater trading involves transfers of the right to extract water. The resulting potential for spatial (and temporal) redistribution of the impacts of extraction requires management. Impacts at the respective selling and buying locations may differ in scale and nature. Negative externalities from groundwater trading may be uncertain as well as not monetarily compensable. An ideal groundwater trading scheme would ensure that marginal costs from trades do not exceed marginal benefits, incorporating future effects and impacts on third-parties. If this condition could be met, all transactions would result in constant or improved overall welfare. This paper examines issues that could reduce public welfare if groundwater trading is not subject to well-designed governance arrangements that are appropriate to meeting the above condition. It also outlines some opportunities to address key risks within the design of a

Trading Agents

CERN Document Server

Wellman, Michael

2011-01-01

Automated trading in electronic markets is one of the most common and consequential applications of autonomous software agents. Design of effective trading strategies requires thorough understanding of how market mechanisms operate, and appreciation of strategic issues that commonly manifest in trading scenarios. Drawing on research in auction theory and artificial intelligence, this book presents core principles of strategic reasoning that apply to market situations. The author illustrates trading strategy choices through examples of concrete market environments, such as eBay, as well as abst

Redirecting International Trade

DEFF Research Database (Denmark)

Kokko, Ari; Söderlund, Bengt; Tingvall, Patrik Gustavsson

2014-01-01

The global financial crisis has contributed to the redirection of trade towards new markets outside the OECD area, where both demand patterns and the institutional environment differ from those in the OECD. This study provides an empirical examination of the consequences of this shift, based......-specific investments are particularly difficult to redirect towards markets with weak institutions....... on Swedish firm-level trade data. Results suggest that weak institutions hamper trade and reduce the length of trade relations, especially for small firms. Trade in industries that are characterized by a high frequency of trade conflicts and where transactions require extensive relationship...

Redirecting International Trade

DEFF Research Database (Denmark)

Kokko, Ari; Söderlund, Bengt; Tingvall, Patrik Gustavsson

The global financial crisis has accelerated the redirection of trade towards new markets, outside the OECD area, where both demand patterns and the institutional environment differ from those in the OECD. This study provides an empirical examination of the consequences of this shift. Results...... difficult to redirect towards markets with weak institutions....... suggest that weak institutions hamper trade and reduces the length of trade relations, especially for small firms. Furthermore, trade in industries that are characterized by a high degree of trade conflicts and that requires extensive relationship specific investments for trade to occur are comparatively...

The effects of competing trade regimes on bilateral trade flows: case of Serbia

Directory of Open Access Journals (Sweden)

Predrag Bjelić

2012-12-01

Full Text Available The aim of this paper is to investigate the effects of competing trade regimes on Serbian trade with its most significant (traditional partners, like European Union and CEFTA 2006 signatories, and other untraditional trade partners with favourable trade regime, like the USA. To this end, gravity model with bilateral and time effects is estimated by Hausman-Taylor AR(1 instrumental variable estimator, using panel data on bilateral trade between Serbia and its main trade partners during the period 2001-2010. The results indicate that overall level of development and difference in factor endowments stimulate Serbia’s exports, which is in accordance with theoretical foundation that inter-industry trade is predominant in exports of less developed countries. Moreover, competing trade regimes appear as important determinant of Serbia’s trade relations, whereas additional liberalization of trade regime with the USA as untraditional trade partner, even asymmetrical to Serbia’s favour, cannot divert trade flows from traditional partners in the long-run. This could mean that distance plays more prominent role in bilateral trade than the degree of liberalization of trade regimes in case of Serbia. The result could be due to the contemporaneous effects of trade preferences granted to Serbia by the EU and other CEFTA 2006 signatories, main trading partners of Serbia.

International trade in services: A scoping study of services trade and estimates of benefits from services trade liberalisation

OpenAIRE

Ballingall, John; Stephenson, John

2005-01-01

This is a scoping study. It summarises the dynamics of services trade in the world economy and discusses some of the benefits of services trade liberalisation from a qualitative and quantitative view point. We place particular emphasis on the role and interests of developing and least developed countries in world services trade. The study also provides an overview of services trade in the New Zealand economy, and, in places, highlights aspects of services trade where New Zealand’s interests m...

78 FR 34338 - Citric Acid and Certain Citrate Salts From Canada: Preliminary Results of Antidumping Duty...

Science.gov (United States)

2013-06-07

... DEPARTMENT OF COMMERCE International Trade Administration [A-122-853] Citric Acid and Certain... on citric acid and certain citrate salts (citric acid) from Canada. The period of review (POR) is May... INFORMATION: Scope of the Order The merchandise covered by this order is citric acid and certain citrate salts...

An Empirical Study on the Determinants of International Student Mobility: A Global Perspective

Science.gov (United States)

Wei, Hao

2013-01-01

This paper, based on the data of 48 countries and regions from 1999 to 2008, studies the economic and educational determinants of how countries of different types attract international students. The study finds that: the volume of merchandise trade between countries facilitates international student mobility across borders; international students…

78 FR 54272 - Steel Wire Garment Hangers From China; Institution of a Five-Year Review

Science.gov (United States)

2013-09-03

... changes, if any, in the supply and demand conditions or business cycle for the Domestic Like Product that... disclosure of business proprietary information (BPI) under an administrative protective order (APO) and APO... producer or exporter of the Subject Merchandise, a U.S. or foreign trade or business association, or...

19 CFR 177.31 - Reexamination of final determinations.

Science.gov (United States)

2010-04-01

...; DEPARTMENT OF THE TREASURY (CONTINUED) ADMINISTRATIVE RULINGS Government Procurement; Country-of-Origin... final determination was the subject of a contested lawsuit timely filed in the Court of International Trade under 28 U.S.C. 1581(e) or, (b) the merchandise at issue in the initial final determination was...

76 FR 23279 - Certain Steel Nails From the People's Republic of China: Amended Final Results of the First...

Science.gov (United States)

2011-04-26

... vinyl, zinc (galvanized, whether by electroplating or hot-dipping one or more times), phosphate cement... merchandise during the period of review for which the importer-specific assessment rate is zero or de minimis... original investigation, to the day prior to the U.S. International Trade Commission's final determination...

75 FR 38076 - Carbazole Violet Pigment 23 from India: Final Results of Antidumping Duty Administrative Review

Science.gov (United States)

2010-07-01

... the form of presscake and dry color. Pigment dispersions in any form (e.g., pigment dispersed in... DEPARTMENT OF COMMERCE International Trade Administration [A-533-838] Carbazole Violet Pigment 23... carbazole violet pigment 23 (CVP 23) from India. The review covers exports of this merchandise to the United...

77 FR 61742 - Certain Lined Paper Products From India: Preliminary Results of Countervailing Duty...

Science.gov (United States)

2012-10-11

... DEPARTMENT OF COMMERCE International Trade Administration [C-533-844] Certain Lined Paper Products... order on certain lined paper products from India. The period of review (POR) is January 1, 2010, through... (202) 482-1009. Scope of the Order The merchandise subject to the order is certain lined paper products...

78 FR 62584 - Certain Lined Paper Products From India: Preliminary Results of Countervailing Duty...

Science.gov (United States)

2013-10-22

... DEPARTMENT OF COMMERCE International Trade Administration [C-533-844] Certain Lined Paper Products... (CVD) order on certain lined paper products from India. The period of review (POR) is January 1, 2011...-1503. Scope of the Order The merchandise subject to the Lined Paper Order \\1\\ is certain lined paper...

Africa-Asia trade versus Africa's trade with the North: Trends and ...

African Journals Online (AJOL)

Abstract. This study shows that Europe continues to be Africa's major trading partner given the historical relations and long standing trading arrangements between the two. However, evidence also shows that despite maintaining strong trade linkages with Europe, Africa's trade with Asia has been growing at a much faster ...

Entropy of international trades

Science.gov (United States)

Oh, Chang-Young; Lee, D.-S.

2017-05-01

The organization of international trades is highly complex under the collective efforts towards economic profits of participating countries given inhomogeneous resources for production. Considering the trade flux as the probability of exporting a product from a country to another, we evaluate the entropy of the world trades in the period 1950-2000. The trade entropy has increased with time, and we show that it is mainly due to the extension of trade partnership. For a given number of trade partners, the mean trade entropy is about 60% of the maximum possible entropy, independent of time, which can be regarded as a characteristic of the trade fluxes' heterogeneity and is shown to be derived from the scaling and functional behaviors of the universal trade-flux distribution. The correlation and time evolution of the individual countries' gross-domestic products and the number of trade partners show that most countries achieved their economic growth partly by extending their trade relationship.

75 FR 64742 - Shifts in U.S. Merchandise Trade 2010

Science.gov (United States)

2010-10-20

... including data, as well as links to other organizations with related information. User feedback on the... report may also provide comments by downloading the survey form and business reply mailer for this...

INTERACTION OF TRADE AND FINANCIAL LINKAGES IN THE FREE TRADE ZONES

Directory of Open Access Journals (Sweden)

V. Shevchenko

2014-09-01

Full Text Available Different models of free trade agreements (FTA and free trade zones (FTZ are considered in the article, argued the complex approach to their structures and results under unstable global economic environment. The typology of the free trade zones models and financial linkages types between countries have been developed. Approaches to the results of the free trade zones have been argued. It has been discovered that for the free trade zones of transitional countries the prevailing are tarde flows concentration whereas financial and investment linkages are acting with developed countries. The main directions of increasing of the financial linkages results in the free trade zones have been discovered.

The hidden hyperbolic geometry of international trade: World Trade Atlas 1870–2013

Science.gov (United States)

García-Pérez, Guillermo; Boguñá, Marián; Allard, Antoine; Serrano, M. Ángeles

2016-01-01

Here, we present the World Trade Atlas 1870–2013, a collection of annual world trade maps in which distance combines economic size and the different dimensions that affect international trade beyond mere geography. Trade distances, based on a gravity model predicting the existence of significant trade channels, are such that the closer countries are in trade space, the greater their chance of becoming connected. The atlas provides us with information regarding the long-term evolution of the international trade system and demonstrates that, in terms of trade, the world is not flat but hyperbolic, as a reflection of its complex architecture. The departure from flatness has been increasing since World War I, meaning that differences in trade distances are growing and trade networks are becoming more hierarchical. Smaller-scale economies are moving away from other countries except for the largest economies; meanwhile those large economies are increasing their chances of becoming connected worldwide. At the same time, Preferential Trade Agreements do not fit in perfectly with natural communities within the trade space and have not necessarily reduced internal trade barriers. We discuss an interpretation in terms of globalization, hierarchization, and localization; three simultaneous forces that shape the international trade system. PMID:27633649

Comparative study on current trading system and online trading: the ...

African Journals Online (AJOL)

Comparative study on current trading system and online trading: the case of ... of online trading and factors affecting its feasibility of implementation in ECX. ... The study found that there is significant capacity problem with major skills gap with ...

determinants of intra-industry trade between zambia and it's trading

African Journals Online (AJOL)

Eyerusalem

countries which are relatively similar and produce relatively similar products. IIT arises from the .... trade based on economies of scale, imperfect competition and product differentiation ... with liberalisation, such as the collapse of the manufacturing industries, the country's trade ... Zambia: Diagnostic Trade Integration. Study.

Trade, development and sustainability

DEFF Research Database (Denmark)

Røpke, Inge

1994-01-01

Mainstream economic theory argues that trade, and especially free trade, is beneficial to everyone involved. This fundamental idea ? which has the character of a dogma ? still plays an important role in international discussions on trade issues, notably in relation to development and environment...... be defended in all cases. Especially, the developing countries' benefits from trade have been very dubious. Furthermore, the trading system has contributed to environmental problems in several ways, e.g. generating undervaluation of natural resources, stimulating economic growth with environmental....... The purpose of this article is to critically assess the "free trade dogma" and to investigate the validity of widely used arguments concerning the relations between trade and development and between trade and environment. It is argued that the trading system is not something inherently good, which should...

Analisis Pengaruh Hedonic Shopping Tendency Dan Visual Merchandising Terhadap Impulse Buying Dengan Positive Emotion Sebagai Variabel Intervaning Pada Area Ladies Matahari Department Store Tunjungan Plaza Surabaya

OpenAIRE

Yanthi, Devi

2014-01-01

This research tried to determine what factors are causing consumers to do impulse buying in the area of ladies at Matahari Department Store. Variables examined in this research include hedonic shopping tendency and visual merchandising as the independent variable, positive emotion as the intervening variable, and impulse buying as the dependent variable. The sample used amounted 100 rerspondents. By using PLS-SEM analysis technique, demonstrated that through positive emotion variables, hedoni...

International cooperation in the solution to trade-related invasive species risks.

Science.gov (United States)

Perrings, Charles; Burgiel, Stas; Lonsdale, Mark; Mooney, Harold; Williamson, Mark

2010-05-01

In this paper, we consider the factors behind the growth of invasive species as a global problem, and the scope for international cooperation and coordination in addressing that problem. This is limited by the terms of the various international agreements governing trade, health, and biodiversity. The default strategy in most cases has two parts: border protection and the control of or adaptation to introduced species that have escaped detection at the border. Most invasive species policy involves unilateral national defensive action as opposed to coordinated international action. We argue that an important part of the solution to the problem lies in global coordination and cooperation in the management of both pathways and sanitary and phytosanitary risks at all scales. More particularly, because invasive species are an externality of trade, transport, and travel that involve public goods, they require collective regulation of international markets that goes beyond that admitted under the World Trade Organization's (WTO) Agreement on the Application of Sanitary and Phytosanitary Measures. We argue that it is important to bring that agreement into conformity with the International Health Regulations (IHR), and to develop an international mechanism to generate and disseminate information on invasive species risks and their impacts.

75 FR 43921 - Certain Polyester Staple Fiber From Taiwan: Final Results of Antidumping Duty Administrative Review

Science.gov (United States)

2010-07-27

... sleeping bags, mattresses, ski jackets, comforters, cushions, pillows, and furniture. Merchandise of less... products sold in the home market. In fact, in our calculation for the Preliminary Results, one product sold... sold in the home market in the ordinary course of trade. Instead, from the pool of home-market sales...

AN OVERVIEW OF THE GENERAL EVOLUTION OF THE ROMANIAN FOREIGN TRADE AFTER 1989, WHILE TRYING TO JOIN THE EU (I

Directory of Open Access Journals (Sweden)

GIURGIU Adriana

2010-07-01

Full Text Available Those 17 years (since 1990 until the accession date to the EU of institutional and economic-social reforms which, with all the good and bad things, brought Romania to the European Union starting with 1 January 2007, and should make us now be able to emphasise a few elements connected to the Romanian foreign trade. Thus, we consider that the present paper is of a significant importance for the specialists in the foreign trade problems, as well as for the Romanian and all other EU economic operators because we will try to realise a “radiography” of all the general aspects and tendencies of the Romanian External Trade during the years 1990-2006, and their effects upon the Romania’s current and future membership to the European Union, as part of the Common Trade Policy, by presenting some relevant indicators, such as: the volume of foreign trade, volume of exports and imports, GDP growth etc.

Trade Finance during the 2008–9 Trade Collapse : Key Takeaways

OpenAIRE

Chauffour, Jean-Pierre; Malouche, Mariem

2011-01-01

Trade finance matters for trade, and when financial markets and world trade collapsed three years ago, a shortage in trade finance was hailed as a possible culprit. Because of the potential for global repercussions, world leaders called on the international community to act swiftly to avoid a depression. Governments and international institutions intervened to mitigate the impacts of the c...

External costs of nuclear-generated electricity

International Nuclear Information System (INIS)

Rotaru, I.; Glodeanu, F.; Popescu, D.; Andrei, V.

2004-01-01

in market prices, such as security of supply, cost stability and broad economic impacts on employment and balance of trade. If such externalities would be internalized, the effect would be positive for nuclear energy in Romania. In conclusion, like other energy sources, nuclear energy has risks and benefits that need to be fully recognized and assessed to evaluate its external costs. Both internalized (direct) costs and externalities vary from country to country, and from technology to technology. For fossil fuels and biomass, external costs may be of the same order of magnitude as direct cost. Nuclear electricity, solar photovoltaic and wind power have external costs at least one order of magnitude lower than the direct cost. Beyond the competitive generation costs of existing nuclear power plants in most markets, benefits of nuclear power, that are not reflected currently in prices, include: security of supply, cost stability and the quasi absence of atmospheric emissions of greenhouse gases, other pollutant gases and particulates. The capital and operating costs of nuclear power plants and fuel cycle facilities already internalize a major portion of the potential external costs, and these are reflected in the prices paid by consumers of nuclear-generated electricity. The internalization of external costs for all electricity generating technologies will help nuclear energy to be more competitive. (authors)

ExternE transport methodology for external cost evaluation of air pollution

DEFF Research Database (Denmark)

Jensen, S. S.; Berkowicz, R.; Brandt, J.

The report describes how the human exposure estimates based on NERI's human exposure modelling system (AirGIS) can improve the Danish data used for exposure factors in the ExternE Transport methodology. Initially, a brief description of the ExternE Tranport methodology is given and it is summarised...

76 FR 1131 - Proposed Information Collection; Comment Request; Monthly Retail Trade Survey

Science.gov (United States)

2011-01-07

... monthly retail sales, end-of-month merchandise inventories, and quarterly e- commerce sales of retailers... panel where all cases are requested to report sales, e-commerce sales, and/or inventories each month... each form: Series Description SM-44(06)S Non Department Store/Sales Only/WO E-Commerce. SM-44(06)SE Non...

THE DYNAMIC OF REGIONAL TRADE SPECIALISATION PATTERN IN ROMANIA

Directory of Open Access Journals (Sweden)

Oana Ancuţa Stângaciu

2011-06-01

Full Text Available The paper analyses the evolution of the regional trade specialization pattern in Romanian regions, by studying the dynamic of their comparative advantages over the period 2000 - 2009. The study finds that, in almost all regions (exceptions are North-East and South-East Region the international specialization has increased for products in which regions were initially relatively less specialized and has decreased for those in which they were initially highly specialized. Finally, most regions recorded large respectively small specialization improvements in products for which the internal respectively external demand expanded at the fastest rate over the time.

Implications of the New Regional Trade Agreements for the World Trading System

Directory of Open Access Journals (Sweden)

Agnes Ghibuțiu

2017-04-01

Full Text Available The year 2013 witnessed an outstanding rise in the pace and scale of negotiations on regional trade agreements (RTAs. While RTAs are not a new phenomenon, current negotiations involve multiple parties and/or major trading countries that have a significant combined economic weight, i.e. mega-RTAs. This paper looks at the recent surge in trade regionalism and addresses some of the key issues related to the potential impact of mega-RTAs upon the world trading system and global trade patterns. It examines the peculiarities of the new mega-RTAs and the factors underlying their proliferation, and discusses the main concerns raised by their foreseeable impact on excluded countries and the wider trading system. The paper finds that, if successfully concluded, mega-RTAs are likely to have far-reaching implications for the world trading regime, affecting its transparency and coherence. Nevertheless, the adverse effects could be cushioned through a revival of trading nations’ interest in the multilateral Doha Round talks.

Trade Integration and Trade Imbalances in the European Union: A Network Perspective

Science.gov (United States)

Krings, Gautier M.; Carpantier, Jean-François; Delvenne, Jean-Charles

2014-01-01

We study the ever more integrated and ever more unbalanced trade relationships between European countries. To better capture the complexity of economic networks, we propose two global measures that assess the trade integration and the trade imbalances of the European countries. These measures are the network (or indirect) counterparts to traditional (or direct) measures such as the trade-to-GDP (Gross Domestic Product) and trade deficit-to-GDP ratios. Our indirect tools account for the European inter-country trade structure and follow (i) a decomposition of the global trade flow into elementary flows that highlight the long-range dependencies between exporting and importing economies and (ii) the commute-time distance for trade integration, which measures the impact of a perturbation in the economy of a country on another country, possibly through intermediate partners by domino effect. Our application addresses the impact of the launch of the Euro. We find that the indirect imbalance measures better identify the countries ultimately bearing deficits and surpluses, by neutralizing the impact of trade transit countries, such as the Netherlands. Among others, we find that ultimate surpluses of Germany are quite concentrated in only three partners. We also show that for some countries, the direct and indirect measures of trade integration diverge, thereby revealing that these countries (e.g. Greece and Portugal) trade to a smaller extent with countries considered as central in the European Union network. PMID:24465381

Trade integration and trade imbalances in the European Union: a network perspective.

Science.gov (United States)

Krings, Gautier M; Carpantier, Jean-François; Delvenne, Jean-Charles

2014-01-01

We study the ever more integrated and ever more unbalanced trade relationships between European countries. To better capture the complexity of economic networks, we propose two global measures that assess the trade integration and the trade imbalances of the European countries. These measures are the network (or indirect) counterparts to traditional (or direct) measures such as the trade-to-GDP (Gross Domestic Product) and trade deficit-to-GDP ratios. Our indirect tools account for the European inter-country trade structure and follow (i) a decomposition of the global trade flow into elementary flows that highlight the long-range dependencies between exporting and importing economies and (ii) the commute-time distance for trade integration, which measures the impact of a perturbation in the economy of a country on another country, possibly through intermediate partners by domino effect. Our application addresses the impact of the launch of the Euro. We find that the indirect imbalance measures better identify the countries ultimately bearing deficits and surpluses, by neutralizing the impact of trade transit countries, such as the Netherlands. Among others, we find that ultimate surpluses of Germany are quite concentrated in only three partners. We also show that for some countries, the direct and indirect measures of trade integration diverge, thereby revealing that these countries (e.g. Greece and Portugal) trade to a smaller extent with countries considered as central in the European Union network.

Energy trading

International Nuclear Information System (INIS)

Beckmann, K.; Schroeter, S.

2009-01-01

Two brief articles and two interviews deal with the subject of energy trading. Power and gas exchanges in Europe multiply, but, experts say, we are nowhere near a mature, integrated European energy market as yet. Trading regulations need to be improved and harmonised and interconnections expanded. European Energy Review assesses the state of energy trading in Europe and interviews the ceo's of NordPool (the Nordic power exchange) and APX (Amsterdam Power Exchange)

76 FR 71378 - Labor Advisory Committee for Trade Negotiations and Trade Policy

Science.gov (United States)

2011-11-17

... DEPARTMENT OF LABOR Office of the Secretary Labor Advisory Committee for Trade Negotiations and Trade Policy ACTION: Meeting notice. SUMMARY: Pursuant to the provisions of the Federal Advisory... Committee for Trade Negotiation and Trade Policy. Date, Time, Place: November 30, 2011; 2-4:30 p.m.; U.S...

77 FR 65581 - Labor Advisory Committee for Trade Negotiations and Trade Policy

Science.gov (United States)

2012-10-29

... DEPARTMENT OF LABOR Office of the Secretary Labor Advisory Committee for Trade Negotiations and Trade Policy ACTION: Meeting notice. SUMMARY: Pursuant to the provisions of the Federal Advisory... Committee for Trade Negotiation and Trade Policy. Date, Time, Place: November 13, 2012; 10:00 a.m.-12:00 p.m...

BENEFITS AND DRAWBACKS OF ONLINE TRADING VERSUS TRADITIONAL TRADING. EDUCATIONAL FACTORS IN ONLINE TRADING

Directory of Open Access Journals (Sweden)

Petric (Iancu Ioana Ancuta

2015-07-01

Full Text Available In terms of marketing, online trading is a new distribution channel and trading platforms are products of Investment and Financial Services Companies. Internet shortens the connection between the investor and the products they wish to purchase (shares, futures, CFDs, government securities, bonds, etc., and in some cases it no longer needs a security broker. Increasing use of the Internet and increasing competitiveness between Investment and Financial Services Companies do the latter, to seek new distribution channels to specific products. The purpose of this paper is to examine to what extent the investor education level affects the decision to move from traditional trading to online trading and the benefits and disadvantages of these types of transactions. To whom should the Investment and Financial Services Companies guide their marketing campaign to attract more investors for online platforms? The work presented is part of a larger project that will be part of author thesis, studying other factors that influence the decision to move from traditional to online trading: cost factor, time factor, psychological and social attributes of investors, yield portfolios and technological capacities of Investment and Financial Services Companies. Starting from the idea that with the increase of experience in stock investments the investors will want to make their own decisions, Investment and Financial Services Companies should provide new products. Compared to competitors, an Investment and Financial Services Company must innovate, and information technology currently offers the tools for innovation facilities. At the same time, the existence and development of the Internet has made the transaction without assistance or with minimal human intervention possible (Voss, 2000. The difference is in the knowledge about stock market, the speed the transaction orders arrive in the stock market, direct access to multiple markets, transaction costs and the level

Teori Pecking Order dan Trade-Off dalam Analisis Struktur Modal di Bursa Efek Indonesia

Directory of Open Access Journals (Sweden)

D Agus Harjito

2014-06-01

Full Text Available AbstractThis study aims to test the pecking order theory and trade-off theory of capital structure in the analysis of the Indonesia Stock Exchange. Pecking order theory is represented by the variable profitability and growth, while the variables volatility of earnings, tangibility of assets and the size represents a trade-off theory. The company's goal is prosperity of shareholder value. To achieve these objectives the company needs funds from internal sources and external sources. Internal sources in the form of retained earnings, while the external sources of debt and shareholders' approval in the pecking order theory. This study uses the data of financial ratios of the firms during the period 2000-2010. To analyze the data, this study uses a multiple regression with the dependent variable is the debt ratio, while profitability, growth, volatility of earnings, tangibility of assets and size as independent variables. The results show that asset structure and company size has a positive and significant impact on capital structure, while profitability has a negative effect on debt ratios. But company's growth rate has not relationship with the debt ratio or capital structure. Simultaneously, the all independent variables affect capital structure significantly.Keywords: pecking order, trade-off, capital structure, debt rasioAbstrakPenelitian ini bertujuan untuk menguji teori pecking order dan teori trade-off dalam analisis struktur modal di Bursa Efek Indonesia. Teori pecking order diwakili oleh variabel profitability dan growth, sementara variabel-variabel volatility of earnings, tangibility of assets dan size mewakili teori trade-off. Tujuan perusahaan adalah memakmurkan nilai pemegang saham. Untuk mencapai tujuan tersebut perusahaan membutuhkan dana yang diperoleh dari sumber internal dan sumber eksternal. Sumber internal berupa laba ditahan, sedangkan sumber eksternal berupa hutang dan saham sebagaimana dijelaskan dalam teori pecking order

Virtuous and vicious virtual water trade with application to Italy.

Directory of Open Access Journals (Sweden)

Julia Anna Winter

Full Text Available The current trade of agricultural goods, with connections involving all continents, entails for global exchanges of "virtual" water, i.e. water used in the production process of alimentary products, but not contained within. Each trade link translates into a corresponding virtual water trade, allowing quantification of import and export fluxes of virtual water. The assessment of the virtual water import for a given nation, compared to the national consumption, could give an approximate idea of the country's reliance on external resources from the food and the water resources point of view. A descriptive approach to the understanding of a nation's degree of dependency from overseas food and water resources is first proposed, and indices of water trade virtuosity, as opposed to inefficiency, are devised. Such indices are based on the concepts of self-sufficiency and relative export, computed systematically on all products from the FAOSTAT database, taking Italy as the first case study. Analysis of time series of the self-sufficiency and relative export can demonstrate effects of market tendencies and influence water-related policies at the international level. The goal of this approach is highlighting incongruent terms in the virtual water balances by the viewpoint of single products. Specific products, which are here referred to as "swap products", are in fact identified as those that lead to inefficiencies in the virtual water balance due to their contemporaneously high import and export. The inefficiencies due to the exchanges of the same products between two nations are calculated in terms of virtual water volumes. Furthermore, the cases of swap products are investigated by computing two further indexes denoting the ratio of virtual water exchanged in the swap and the ratio of the economic values of the swapped products. The analysis of these figures can help examine the reasons behind the swap phenomenon in trade.

Virtuous and vicious virtual water trade with application to Italy.

Science.gov (United States)

Winter, Julia Anna; Allamano, Paola; Claps, Pierluigi

2014-01-01

The current trade of agricultural goods, with connections involving all continents, entails for global exchanges of "virtual" water, i.e. water used in the production process of alimentary products, but not contained within. Each trade link translates into a corresponding virtual water trade, allowing quantification of import and export fluxes of virtual water. The assessment of the virtual water import for a given nation, compared to the national consumption, could give an approximate idea of the country's reliance on external resources from the food and the water resources point of view. A descriptive approach to the understanding of a nation's degree of dependency from overseas food and water resources is first proposed, and indices of water trade virtuosity, as opposed to inefficiency, are devised. Such indices are based on the concepts of self-sufficiency and relative export, computed systematically on all products from the FAOSTAT database, taking Italy as the first case study. Analysis of time series of the self-sufficiency and relative export can demonstrate effects of market tendencies and influence water-related policies at the international level. The goal of this approach is highlighting incongruent terms in the virtual water balances by the viewpoint of single products. Specific products, which are here referred to as "swap products", are in fact identified as those that lead to inefficiencies in the virtual water balance due to their contemporaneously high import and export. The inefficiencies due to the exchanges of the same products between two nations are calculated in terms of virtual water volumes. Furthermore, the cases of swap products are investigated by computing two further indexes denoting the ratio of virtual water exchanged in the swap and the ratio of the economic values of the swapped products. The analysis of these figures can help examine the reasons behind the swap phenomenon in trade.

Welfare impacts of the illegal wildlife trade in a cohort of confiscated greater slow lorises, Nycticebus coucang.

Science.gov (United States)

Fuller, Grace; Eggen, Wilhelmina Frederica; Wirdateti, Wirdateti; Nekaris, K A I

2018-01-01

Illegal harvesting and trade are major forces behind population declines of wild slow lorises (genus Nycticebus). The impacts of the wildlife trade on individual slow lorises have not been as well described. In this article, we describe quantitatively the consequences of the wildlife trade for 77 greater slow lorises, N. coucang, who were confiscated en masse and brought to Cikananga Wildlife Center in Indonesia. Medical records indicated that in total, 28.6% of the slow lorises died within the first 6 months, mostly due to traumatic injury, and all the infants died. The greatest sources of morbidity were external wounds (33.1% of 166 total medical events) and dental problems (19.3%). Of the surviving individuals, 25.4% displayed abnormal behavior. Behavioral observations indicated that healthy adults (n = 3) spent 48.2% of their active period performing stereotypies. These data illustrate the physical and behavioral impacts of the illegal wildlife trade on the welfare of slow lorises. We suggest that sharing these individual stories may help generate empathy and educate the public about the impacts of the exotic companion-animal (pet) trade on nonhuman animal welfare.

A Comparative Analysis of Trade Facilitation in Selected Regional and Bilateral Trade Agreement

OpenAIRE

Institute for International Trade

2006-01-01

This study compared the treatment of trade facilitation in four selected regional trade agreements, AFTA, APEC, SAFRA and PACER, and in one bilateral free trade agreement being the Australia-Singapore Free Trade Agreement (ASFTA), with a view to determining model trade facilitation principles and measures which may be instructive for developing country negotiations and policy makers.

77 FR 19211 - Circular Welded Carbon-Quality Steel Pipe From the Socialist Republic of Vietnam: Preliminary...

Science.gov (United States)

2012-03-30

..., and it did not export any subject merchandise to the United States through a trading company... on Import and Export Tax, goods imported from foreign countries into non-tariff zones for use only in non-tariff zones are not liable for import duties. In accordance with Decree 29/2008/ND-CP issuing...

REGIONALIZATION AND INTRA-INDUSTRY TRADE. AN ANALYSIS OF AUTOMOBILE INDUSTRY TRADE IN NAFTA

OpenAIRE

Sylvie MONTOUT; Jean-Louis MUCCHIELLI; Soledad ZIGNAGO

2002-01-01

As was shown in some previous studies, the creation of the North American Free Trade American (NAFTA) has significantly increased trade and investment flows between member countries. Consequently, it seems appropriate to analyze the incidences of the free trade agreement on the nature of trade. In this paper, we study the intra-industry trade in the automobile industry within the NAFTA area. Our results highlight an increase in intra-industry trade since the beginning of the 1990s. The import...

Greenhouse gas trading

Energy Technology Data Exchange (ETDEWEB)

Drazilov, P. [Natsource-Tullett Emissions Brokerage, Toronto, ON (Canada)

2001-07-01

Natsource-Tullett Emissions Brokerage is a market leader in natural gas, electricity, coal, and weather, emissions with a total of more than $2 billion by volume in emissions transactions in the United States, Canada, Australia, Japan, and Europe. This power point presentation addressed issues dealing with global warming, the Kyoto Protocol, and explained where we are in terms of reaching commitments for the first compliance period between 2008-2012. The paper focused on international emissions trading (IET), joint implementation (JI) and the clean development mechanism (CDM) and explained how greenhouse gases are traded. Emissions trading refers to the trade of carbon dioxide, methane, nitrous oxides, perfluoro-carbons, hydrofluorocarbons, and sulphur hexafluorides. The motivational drivers for trading were outlined in terms of liability for buyers and assets for sellers. To date, trading activity is nearly 120 transactions with nearly 70 million tons of carbon dioxide equivalent. tabs., figs.

Reconfiguring trade mark law

DEFF Research Database (Denmark)

Elsmore, Matthew James

2013-01-01

-border setting, with a particular focus on small business and consumers. The article's overall message is to call for a rethink of received wisdom suggesting that trade marks are effective trade-enabling devices. The case is made for reassessing how we think about European trade mark law.......First, this article argues that trade mark law should be approached in a supplementary way, called reconfiguration. Second, the article investigates such a reconfiguration of trade mark law by exploring the interplay of trade marks and service transactions in the Single Market, in the cross...

INDONESIAN TRADE UNDER CHINA FREE TRADE AREA

Directory of Open Access Journals (Sweden)

Tavi Supriana

2011-09-01

Full Text Available This paper investigates the implementation of CAFTA (China-Asean Free Trade Area on the international trade flows across Indonesia, China and the rest of ASEAN using a gravitation model. It finds the evidence that the influence of diversion and creation effects on China are significant, while the influence of both effects on Indonesia are not significant. It also finds that the diversion effect, which leads to a decrease in society’s wealth, is greater than that of the creation effect. As a consequence, the gap across countries involved in the trade agreement is wider. Keywords: CAFTA, gravitation model, diversion effect, creation effectJEL classification numbers: F13, F14, F15

Strategic analysis on establishing a natural gas trading hub in China

Directory of Open Access Journals (Sweden)

Xiaoguang Tong

2014-12-01

Full Text Available Since 2010, the LNG importing price premium in the Asia–Pacific markets has become increasingly high, generating great effects on the economic development in China. In addition, the natural gas dependence degree is expanding continuously, making it extremely urgent to establish a natural gas trading hub in China, with the aim to ensure national energy security, to gain the pricing power, and to build the regional benchmark prices. Through a comparative analysis of internal strength/weakness and external competitiveness, we concluded that with intensively-issued supporting policies on the natural gas sector, the initiation of spot and futures markets, the rapid growth of gas production and highly-improved infrastructures, as well as Shanghai's advantageous location, China has more advantages in establishing an Asian Natural Gas Trading Hub than other counties like Singapore, Japan and Malaysia. Moreover, based on the SWOT (strength, weakness, opportunity and threat and the marketization process analysis, the following strategies were presented: to impel the establishment of a natural gas trading hub depending on the gas supply condition, to follow the policies to complete the gas storage system, to form regional communities by taking comparative advantages, and to reinforce the marketization reform and regulation system establishment with foreign experiences for reference. This study rationalized the necessity and practicality of establishing a natural gas trading hub in China and will help China make a proper decision and find a periodical strategic path in this sector.

COMPETITIVENESS ANALYSIS OF THE REPUBLIC OF MOLDOVA BY MEANS OF EFFICIENCY INDICATORS OF FOREIGN TRADE WITH AGRICULTURAL FOOD PRODUCTS

Directory of Open Access Journals (Sweden)

Boris COREŢCHI

2014-06-01

Full Text Available An old traditional form of foreign economic relations is represented by foreign trade. Republic of Moldova,Featuring a geographical position that represents the area of intersection the numerous trade routes and regionalconnotation communications, should use these advantages in order to extend the export-import relations; there for,Republic of Moldova follows to use the internal potential in intensive and effective way. Competitiveness of externaltrade with agricultural food products has a particularly important role which is steadily increasing, it determine theincreasing or decreasing of the national income produced outside depending upon the ratio between the nationaland international amount of goods. Ensuring the economic efficiency of production requires a certain minimumvolume of its. If the volume exceeds the absorption capacity of the internal market, ensuring efficient productionrequires a call to the external market. On the other hand, certain products can not be obtained either domesticproduction or isn’t justified from the economic point of view can be obtained only from the external market.

Trade, Labor, Legitimacy

OpenAIRE

Guzman, Andrew

2003-01-01

The relationship between international trade and labor standards is one of several controversial issues facing the WTO. Proponents of a trade-labor link argue that labor is a human rights issue and that trade sanctions represent a critical tool in the effort to improve international working conditions. Opponents argue that a link between trade and labor would open the door to protectionist measures that would target low wage countries and harm the very workers the policy is intended to help. ...

The Algerian Foreign Trade between the Multilateral Trading System and the Regionalism

Directory of Open Access Journals (Sweden)

Khayreddine Belaaze

2014-04-01

Full Text Available This contribution aims at highlighting a major challenge facing global trade and trade in developing countries. Indeed, regional and preferential trade agreements are now more than ever inconsistent and incoherent and one of the principles of the World Trade Organization, the clause of the most favored nation requiring eliminated all forms of discrimination between trading parties, but what we see in regional trade agreements that the preferential tariffs based on a principle of discrimination. All regional trade agreements granting preferential tariffs between member countries, these preferences do not include the remains of non-member countries (rest of world. On the other hand, preferential tariffs are lower than MFN rates. Meanwhile, the number of regional agreements has doubled since 1995 date creation of the WTO, and Algeria like other developing countries considered one of countries which have not benefit a lot from this situation.

Pesticide Environmental Accounting: a method for assessing the external costs of individual pesticide applications.

Science.gov (United States)

Leach, A W; Mumford, J D

2008-01-01

The Pesticide Environmental Accounting (PEA) tool provides a monetary estimate of environmental and health impacts per hectare-application for any pesticide. The model combines the Environmental Impact Quotient method and a methodology for absolute estimates of external pesticide costs in UK, USA and Germany. For many countries resources are not available for intensive assessments of external pesticide costs. The model converts external costs of a pesticide in the UK, USA and Germany to Mediterranean countries. Economic and policy applications include estimating impacts of pesticide reduction policies or benefits from technologies replacing pesticides, such as sterile insect technique. The system integrates disparate data and approaches into a single logical method. The assumptions in the system provide transparency and consistency but at the cost of some specificity and precision, a reasonable trade-off for a method that provides both comparative estimates of pesticide impacts and area-based assessments of absolute impacts.

Pesticide Environmental Accounting: A method for assessing the external costs of individual pesticide applications

International Nuclear Information System (INIS)

Leach, A.W.; Mumford, J.D.

2008-01-01

The Pesticide Environmental Accounting (PEA) tool provides a monetary estimate of environmental and health impacts per hectare-application for any pesticide. The model combines the Environmental Impact Quotient method and a methodology for absolute estimates of external pesticide costs in UK, USA and Germany. For many countries resources are not available for intensive assessments of external pesticide costs. The model converts external costs of a pesticide in the UK, USA and Germany to Mediterranean countries. Economic and policy applications include estimating impacts of pesticide reduction policies or benefits from technologies replacing pesticides, such as sterile insect technique. The system integrates disparate data and approaches into a single logical method. The assumptions in the system provide transparency and consistency but at the cost of some specificity and precision, a reasonable trade-off for a method that provides both comparative estimates of pesticide impacts and area-based assessments of absolute impacts. - A method to estimate the external costs of a pesticide application based on the ecotoxicology, environmental behaviour and application rate of an active ingredient

Greenhouse gas credits trade versus biomass trade – weighing (Workshop Summary)

NARCIS (Netherlands)

Junginger, H.M.; Faaij, A.P.C.; Robertson, K.; Woes-Gallasch, S.; Schlamadinger, B.

2006-01-01

A workshop entitled ‘Greenhouse gas credits trade versus biomass trade – weighing the benefits’, jointly organised by IEA Bioenergy Tasks 38 (GHG Balances of Biomass and Bioenergy Systems) and 40 (Sustainable International Bioenergy Trade: Securing Supply and Demand), and ENOVA, took place in

International emissions trading

DEFF Research Database (Denmark)

Boom, Jan Tjeerd

This thesis discusses the design and political acceptability of international emissions trading. It is shown that there are several designs options for emissions trading at the national level that have a different impact on output and thereby related factors such as employment and consumer prices....... The differences in impact of the design make that governments may prefer different designs of emissions trading in different situations. The thesis furthermore establishes that international emissions trading may lead to higher overall emissions, which may make it a less attractive instrument....

Assessment criteria of Polish customs services effectiveness in customs clearance of foreign trade goods

Directory of Open Access Journals (Sweden)

Katarzyna Szmyd

2013-09-01

Full Text Available In recent years Polish customs administration has undergone substantial changes not only in its structure but also in terms of tasks execution. Upon Poland’s accession to the European Union the western border was transformed into the internal border whereas the eastern border into the external border of the European Union, which led to a range of changes in the Customs Service. Those transformations made it necessary to lift customs control at border crossings from the western side. While becoming external border of the European Union Poland was obliged to adjust customs procedures to the Union standards. The abovementioned changes necessitated the need for organizational and structural transformation within the Customs Service. While performing statutory tasks the Customs Service provides safety and security for its citizens, makes it easier for reliable entrepreneurs to run their business activity as well as cares for the country’s finances. The effectiveness of the Customs Services depends to a large extent on functional infrastructure, state-of-the-art control devices, reliable communication system and innovative information solutions. It should improve the quality of the services provided, which would facilitate commodity circulation and make it possible to provide the merchandise straight to the entrepreneur, who deals with customs formalities on his or her own. Implementing new solutions – improvements by the Customs Service will provide substantial acceptance of its activities by citizens as well as entrepreneurs through providing more valuable services for the community, creating new possibilities in terms of business servic-ing by tapping into the already existing resources (effectiveness – better resource orientation, economy – better resource employment.

Banking and Trading

NARCIS (Netherlands)

Boot, A.W.A.; Ratnovski, L.

2016-01-01

We study the interaction between relationship banking and short-term arm’s length activities of banks, called trading. We show that a bank can use the franchise value of its relationships to expand the scale of trading, but may allocate too much capital to trading ex post , compromising its ability

Trade reform in Iran for accession to the World Trade Organization

NARCIS (Netherlands)

Farajzadeh, Zakariya; Zhu, Xueqin; Bakhshoodeh, Mohammad

2017-01-01

We developed a computable general equilibrium (CGE) model to study the potential welfare and environmental impacts of Iran's trade reform for accession to the World Trade Organization (WTO). Our results show that removing trade barriers not only results in higher welfare and GDP as well as lower

Externalities of energy. Swedish implementation of the ExternE methodology

International Nuclear Information System (INIS)

Nilsson, Maans; Gullberg, M.

1998-01-01

The growing interest for developing economic instruments for efficient environmental policies has opened up a large area of multi-disciplinary research. ExternE is an example of this research, combining disciplines such as engineering, ecology, immunology and economics expertise to create new knowledge about how environmental pressures from energy production affect our nature and society. The ExternE Project aims to identify and, as far as possible quantify the externalities of energy production in Europe. The Stockholm Environment Institute has carried out a preliminary aggregation: -Coal Fuel Cycle: centred around Vaesteraas Kraftvaermeverk, Vaesteraas. This is the largest co-generation plant in Sweden, with four blocks and a maximum co-generation output of 520 MW electricity and 950 MW heat. The analysis is carried out on boiler B4. -Biomass Fuel Cycle: centred around Haendeloeverket, Norrkoeping. This plant predominately burns forestry residues, but a variety of fuels are combusted. Haendeloeverket has an installed capacity of 100 MW electricity and 375 MW heat, in a total of three boilers and two back-pressure turbines. The analysis is carried out on boiler P13. -Hydro Fuel Cycle: Klippens Kraftstation, Storuman. Built in 1990-1994, it is the youngest hydro power station in Sweden. It has been designed and built with significant efforts to account for and protect environmental values. Installed capacity is 28 MW. The environmental impact assessment from the construction of this plant is carried out, but the evaluation is still not finalized. The preliminary aggregation aimed to test whether ExternE results could be used to make estimates for the entire Swedish electricity production system. Hence, national results as well as results from other partner countries in ExternE has been applied

Benefits of trade facilitation as a simpler procedure for world trade growth

OpenAIRE

Miteva-Kacarski, Emilija; Gorgieva-Trajkovska, Olivera

2011-01-01

“The simplification and harmonisation of international trade procedures” where trade procedures are the “activities, practices and formalities involved in collecting, presenting, communicating and processing data required for the movement of goods in international trade” is trade facilitation according the WTO. Trade facilitation initiatives benefit both the business community and governments. The business community benefits by obtaining enhanced competitiveness in national and international ...

World Trade Organisation (WTO): Trade rules/agreements and ...

African Journals Online (AJOL)

The GATT (General Agreement on Trade and Tariffs) rules of 1947 were seen as prejudicial to the economic and development concerns of developing countries. With the coming into effect of World Trade Organization (WTO), it was expected that some of the concerns of the developing countries will be addressed.

What determines the sensitivity of the real exchange rate in Colombia to a terms of trade shock?

DEFF Research Database (Denmark)

Parra-Alvarez, Juan Carlos; Mahadeva, Lavan

2012-01-01

We show that the sensitivity of the real exchange rate to terms of trade shocks is greater the lower the elasticity of final and derived demand between domestic and imported items. We develop a novel Kalman filter-based method to estimate these key parameters for Colombia, taking account of prefe...... the sensitivity of the Colombian economy to external shocks....

48 CFR 52.225-3 - Buy American Act-Free Trade Agreements-Israeli Trade Act.

Science.gov (United States)

2010-10-01

... Trade Agreements-Israeli Trade Act. 52.225-3 Section 52.225-3 Federal Acquisition Regulations System... Text of Provisions and Clauses 52.225-3 Buy American Act—Free Trade Agreements—Israeli Trade Act. As prescribed in 25.1101(b)(1)(i), insert the following clause: Buy American Act—Free Trade Agreements—Israeli...

The Carbon Trading Price and Trading Volume Forecast in Shanghai City by BP Neural Network

OpenAIRE

Liu Zhiyuan; Sun Zongdi

2017-01-01

In this paper, the BP neural network model is established to predict the carbon trading price and carbon trading volume in Shanghai City. First of all, we find the data of carbon trading price and carbon trading volume in Shanghai City from September 30, 2015 to December 23, 2016. The carbon trading price and trading volume data were processed to get the average value of each 5, 10, 20, 30, and 60 carbon trading price and trading volume. Then, these data are used as input of BP neural network...

Nutrition labelling is a trade policy issue: lessons from an analysis of specific trade concerns at the World Trade Organization.

Science.gov (United States)

Thow, Anne Marie; Jones, Alexandra; Hawkes, Corinna; Ali, Iqra; Labonté, Ronald

2017-01-12

Interpretive nutrition labels provide simplified nutrient-specific text and/or symbols on the front of pre-packaged foods, to encourage and enable consumers to make healthier choices. This type of labelling has been proposed as part of a comprehensive policy response to the global epidemic of non-communicable diseases. However, regulation of nutrition labelling falls under the remit of not just the health sector but also trade. Specific Trade Concerns have been raised at the World Trade Organization's Technical Barriers to Trade Committee regarding interpretive nutrition labelling initiatives in Thailand, Chile, Indonesia, Peru and Ecuador. This paper presents an analysis of the discussions of these concerns. Although nutrition labelling was identified as a legitimate policy objective, queries were raised regarding the justification of the specific labelling measures proposed, and the scientific evidence for effectiveness of such measures. Concerns were also raised regarding the consistency of the measures with international standards. Drawing on policy learning theory, we identified four lessons for public health policy makers, including: strategic framing of nutrition labelling policy objectives; pro-active policy engagement between trade and health to identify potential trade issues; identifying ways to minimize potential 'practical' trade concerns; and engagement with the Codex Alimentarius Commission to develop international guidance on interpretative labelling. This analysis indicates that while there is potential for trade sector concerns to stifle innovation in nutrition labelling policy, care in how interpretive nutrition labelling measures are crafted in light of trade commitments can minimize such a risk and help ensure that trade policy is coherent with nutrition action. © The Author 2017. Published by Oxford University Press. All rights reserved. For Permissions, please email: journals.permissions@oup.com.

Trade Blocs, Currency Blocs and the Disintegration of World Trade in the 1930s

OpenAIRE

Eichengreen, Barry; Irwin, Douglas

1993-01-01

The dramatic implosion and regionalization of international trade during the 1930s has often been blamed on the trade and foreign exchange policies that emerged in the interwar period. We provide new evidence on the impact of trade and currency blocs on trade flows from 1928 1938 that suggests a blanket indictment of interwar trade policies and payments arrangements is not warranted. Discriminatory trade policies and international monetary arrangements had neither a uniformly favorable nor un...

Are Preferential Trade Agreements with Non-trade Objectives a Stumbling Block for Multilateral Liberalization?

OpenAIRE

Nuno Limão

2007-01-01

In many preferential trade agreements (PTAs), countries exchange not only reductions in trade barriers but also cooperation in non-trade issues such as labour and environmental standards, intellectual property, etc. We provide a model of PTAs motivated by cooperation in non-trade issues and analyse its implications for global free trade and welfare. We find that such PTAs increase the cost of multilateral tariff reductions and thus cause a stumbling block to global free trade. This occurs bec...

Trade between China and the Netherlands: a case study of trade in tasks

NARCIS (Netherlands)

den Butter, F.A.G.; Hayat, R.

2013-01-01

Purpose - This paper argues that the recent rise in China Dutch trade is a typical example of two nations trading tasks rather than goods. Design/methodology/approach - China Dutch trade growth between 1996 and 2010 is compared with China’s trade growth with its main partners. In addition, the

To Trade or Not to Trade: Firm-Level Analysis of Emissions Trading in Santiago, Chile

International Nuclear Information System (INIS)

Coria, Jessica; Loefgren, Aasa; Sterner, Thomas

2009-01-01

Whether tradable permits are appropriate for use in transition and developing economies - given special social and cultural circumstances, such as the lack of institutions and lack of expertise with market-based policies - is much debated. We conducted interviews and surveyed a sample of firms subject to emissions trading programs in Santiago, Chile, one of the first cities outside the OECD that has implemented such trading. The information gathered allow us to study what factors affect the performance of the trading programs in practice and the challenges and advantages of applying tradable permits in less developed countries

Interdependence between iron ore production and maritime transport

Directory of Open Access Journals (Sweden)

A. V. Todorut

2016-10-01

Full Text Available The maritime industry plays an important role in international trade, transporting a total of 10,1 billion tons of merchandise in 2015, representing over 80% of all global trade, with dry cargo estimated to account for over two thirds of the total seaborne trade. Bulk carriers supply the raw materials needed by the steel industry and container ships transport the steel products. Demand and supply for seaborne transport is influenced by trends in global economy and worldwide demand for commodities. The paper analyzes the most important economic determinants in the supply of metallurgical raw materials, highlighting the importance of the shipping sector.

Valuing environmental externalities from rice-wheat farming in the lower reaches of the Yangtze River

Energy Technology Data Exchange (ETDEWEB)

Lv, Yao; Gu, Shu-zhong [Institute of Geographic Sciences and Natural Resources Research, Chinese Academy of Sciences, Beijing 100101 (China); Guo, Dong-mei [Policy Research Center for Environment and Economy, State Environmental Protection Administration, Beijing 100029 (China)

2010-05-15

Environmental externalities generated by agriculture are attracting considerable attention. However, most research has focused either on environmental services that agriculture provides as a distinct ecosystem or the negative environmental impacts that agriculture imposes. Therefore, there is a great need to re-evaluate the all-round environmental roles of agriculture, to optimize environmental performance of agriculture and non-trade concerns in World Trade Organization (WTO) negotiations. By valuing the environmental externalities of agriculture, this article aims to heighten awareness of the environmental roles of agriculture to stimulate its implication in agricultural policy-making. The study presents estimates of economic values of environmental externalities from rice-wheat farming system in Zhenjiang, in aspects of greenhouse gas emissions, non-point source pollution, carbon sequestration and water containing capacity. We provide a step-by-step analytic procedure, with each step including measurement of physical dimensions and monetary evaluation. The former is based on a large-scale literature review, which provided a vital foundation for the monetary valuation. The results reveal that the values of greenhouse gas emissions from agricultural land, agricultural non-point source pollution, carbon sequestration by crop and soil, and the flood control function provided by agricultural land are estimated as: - US$3.61 x 10{sup 7} a{sup -1}, - US$4.59 x 10{sup 6} a{sup -1}, + US$2.30 x 10{sup 9} a{sup -1} and + US$2.21 x 10{sup 7} a{sup -1}, respectively. The net value of environmental externalities is as high as + US$2.28 x 10{sup 9} a{sup -1}, representing 17.87% of local GDP and 4.12 times the total agricultural output value in 2006. The results suggest that crops and soil in Zhenjiang are the most important carbon sinks, and that agriculture in Zhenjiang has huge positive environmental externalities, although both greenhouse gas emissions from agricultural

The Trading Balance Sheet Of Romania - Two Decades With An Annual Adverse Sold

Directory of Open Access Journals (Sweden)

Simona Corina GUDEI

2011-03-01

Full Text Available The current communication, expressing the entirely special importance that must be granted to the fact that for two decades, year after year, the sold of the trading balance sheet of Romania was adverse. Moreover, it has increased greatly during the decade 2000-2009 towards the previous decade 1990-1999, respectively from 20 milliards dollars to 100 milliards of dollars, with especially serious consequences both on the external and on the internal economic balance.

On the Real Exchange Rate as a Measure of Australia’s External Competitiveness

OpenAIRE

Layton, A.P.; McLaren, J.

1991-01-01

The use of a country’s real effective exchange rate as a measure of external competitiveness implicitly assumes that, in the long run, purchasing power parity prevails between the country and its trading partners [Dornbusch (1985)]. A testable definition of long run equilibrium existing among non-stationary time series is provided in the recently developed theory of cointegration [Engle and Granger (1987)]. The paper extends earlier U.S. work in this area by Layton and Stark (1990) by investi...

International Trade and Protectionism.

Science.gov (United States)

Stanford Univ., CA. Stanford Program on International and Cross Cultural Education.

This unit is designed to investigate the reasons for international trade and the issue of trade protectionism by focusing on the case study of the U.S. trade relationship with Taiwan. The unit begins with a simulation that highlights the concepts of global interdependence, the need for international trade, and the distribution of the world's…

Racial Trade Barriers?

DEFF Research Database (Denmark)

Bjerre, Jacob Halvas

. This paper analyzes the racial policies pursued in the foreign trade and argues that we need to recognize Aryanization as a world-wide policy in order to fully understand its character and possible consequences. I focus on the pre-war period and analyze the case of Denmark from three different perspectives......: perpetrators, victims and bystanders. The analysis will show that race, economy and foreign trade were combined in an attempt to raise racial trade barriers. This forced the question of German racial policies on the Danish government, Danish-Jewish businesses, and German companies involved in foreign trade...

Emissions Trading

NARCIS (Netherlands)

Woerdman, Edwin; Backhaus, Juergen

2014-01-01

Emissions trading is a market-based instrument to achieve environmental targets in a cost-effective way by allowing legal entities to buy and sell emission rights. The current international dissemination and intended linking of emissions trading schemes underlines the growing relevance of this

Greenhouse gas emissions trading: Cogen case studies in the early trading market

International Nuclear Information System (INIS)

Buerer, Mary Jean

2001-01-01

An increasing number of companies are interested in opportunities to trade their reduction in greenhouse gas emissions from cogeneration on the emerging greenhouse gas emissions market. Only the UK and Denmark currently have emissions trading schemes, but they are under development in other European countries. Two frameworks currently exist for trading. Baseline-and-credit trading is used in Canada where companies can take part in two voluntary schemes (Greenhouse Gas Emission Reduction Trading Pilot or Clean Air Canada Inc). An example project from the CHP unit at DuPont's Maitland chemical production facility is given, with details of the baselines and calculations used. The other option is company-wide emissions trading. The example given here features the CHP units at BP's refinery and chemicals operations in Texas. The potential revenue from emission reduction projects could help to boost the economics of cogeneration projects

Environmental external effects from wind power based on the EU ExternE methodology

DEFF Research Database (Denmark)

Ibsen, Liselotte Schleisner; Nielsen, Per Sieverts

1998-01-01

of the Danish part of the project is to implement the framework for externality evaluation, for three different power plants located in Denmark. The paper will focus on the assessment of the impacts of the whole fuel cycles for wind, natural gas and biogas. Priority areas for environmental impact assessment......The European Commission has launched a major study project, ExternE, to develop a methodology to quantify externalities. A “National Implementation Phase”, was started under the Joule II programme with the purpose of implementing the ExternE methodology in all member states. The main objective...

ExternE National Implementation Finland

Energy Technology Data Exchange (ETDEWEB)

Pingoud, K; Maelkki, H; Wihersaari, M; Pirilae, P [VTT Energy, Espoo (Finland); Hongisto, M [Imatran Voima Oy, Vantaa (Finland); Siitonen, S [Ekono Energy Ltd, Espoo (Finland); Johansson, M [Finnish Environment Institute, Helsinki (Finland)

1999-07-01

ExternE National Implementation is a continuation of the ExternE Project, funded in part by the European Commission's Joule III Programme. This study is the result of the ExternE National Implementation Project for Finland. Three fuel cycles were selected for the Finnish study: coal, peat and wood-derived biomass, which together are responsible for about 40% of total electricity generation in Finland and about 75% of the non-nuclear fuel based generation. The estimated external costs or damages were dominated by the global warming (GW) impacts in the coal and peat fuel cycles, but knowledge of the true GW impacts is still uncertain. From among other impacts that were valued in monetary terms the human health damages due to airborne emissions dominated in all the three fuel cycles. Monetary valuation for ecosystem impacts is not possible using the ExternE methodology at present. The Meri-Pori power station representing the coal fuel cycle is one of the world's cleanest and most efficient coal-fired power plants with a condensing turbine. The coal is imported mainly from Poland. The estimated health damages were about 4 mECU/kWh, crop damages an order of magnitude lower and damages caused to building materials two orders of magnitude lower. The power stations of the peat and biomass fuel cycles are of CHP type, generating electricity and heat for the district heating systems of two cities. Their fuels are of domestic origin. The estimated health damages allocated to electricity generation were about 5 and 6 mECU/kWh, respectively. The estimates were case-specific and thus an generalisation of the results to the whole electricity generation in Finland is unrealistic. Despite the uncertainties and limitations of the methodology, it is a promising tool in the comparison of similar kinds of fuel cycles, new power plants and pollution abatement technologies and different plant locations with each other. (orig.)

ExternE National Implementation Finland

Energy Technology Data Exchange (ETDEWEB)

Pingoud, K.; Maelkki, H.; Wihersaari, M.; Pirilae, P. [VTT Energy, Espoo (Finland); Hongisto, M. [Imatran Voima Oy, Vantaa (Finland); Siitonen, S. [Ekono Energy Ltd, Espoo (Finland); Johansson, M. [Finnish Environment Institute, Helsinki (Finland)

1999-07-01

ExternE National Implementation is a continuation of the ExternE Project, funded in part by the European Commission's Joule III Programme. This study is the result of the ExternE National Implementation Project for Finland. Three fuel cycles were selected for the Finnish study: coal, peat and wood-derived biomass, which together are responsible for about 40% of total electricity generation in Finland and about 75% of the non-nuclear fuel based generation. The estimated external costs or damages were dominated by the global warming (GW) impacts in the coal and peat fuel cycles, but knowledge of the true GW impacts is still uncertain. From among other impacts that were valued in monetary terms the human health damages due to airborne emissions dominated in all the three fuel cycles. Monetary valuation for ecosystem impacts is not possible using the ExternE methodology at present. The Meri-Pori power station representing the coal fuel cycle is one of the world's cleanest and most efficient coal-fired power plants with a condensing turbine. The coal is imported mainly from Poland. The estimated health damages were about 4 mECU/kWh, crop damages an order of magnitude lower and damages caused to building materials two orders of magnitude lower. The power stations of the peat and biomass fuel cycles are of CHP type, generating electricity and heat for the district heating systems of two cities. Their fuels are of domestic origin. The estimated health damages allocated to electricity generation were about 5 and 6 mECU/kWh, respectively. The estimates were case-specific and thus an generalisation of the results to the whole electricity generation in Finland is unrealistic. Despite the uncertainties and limitations of the methodology, it is a promising tool in the comparison of similar kinds of fuel cycles, new power plants and pollution abatement technologies and different plant locations with each other. (orig.)

ExternE National Implementation Finland

International Nuclear Information System (INIS)

Pingoud, K.; Maelkki, H.; Wihersaari, M.; Pirilae, P.; Hongisto, M.; Siitonen, S.; Johansson, M.

1999-01-01

ExternE National Implementation is a continuation of the ExternE Project, funded in part by the European Commission's Joule III Programme. This study is the result of the ExternE National Implementation Project for Finland. Three fuel cycles were selected for the Finnish study: coal, peat and wood-derived biomass, which together are responsible for about 40% of total electricity generation in Finland and about 75% of the non-nuclear fuel based generation. The estimated external costs or damages were dominated by the global warming (GW) impacts in the coal and peat fuel cycles, but knowledge of the true GW impacts is still uncertain. From among other impacts that were valued in monetary terms the human health damages due to airborne emissions dominated in all the three fuel cycles. Monetary valuation for ecosystem impacts is not possible using the ExternE methodology at present. The Meri-Pori power station representing the coal fuel cycle is one of the world's cleanest and most efficient coal-fired power plants with a condensing turbine. The coal is imported mainly from Poland. The estimated health damages were about 4 mECU/kWh, crop damages an order of magnitude lower and damages caused to building materials two orders of magnitude lower. The power stations of the peat and biomass fuel cycles are of CHP type, generating electricity and heat for the district heating systems of two cities. Their fuels are of domestic origin. The estimated health damages allocated to electricity generation were about 5 and 6 mECU/kWh, respectively. The estimates were case-specific and thus an generalisation of the results to the whole electricity generation in Finland is unrealistic. Despite the uncertainties and limitations of the methodology, it is a promising tool in the comparison of similar kinds of fuel cycles, new power plants and pollution abatement technologies and different plant locations with each other. (orig.)

How fair is fair trade?

NARCIS (Netherlands)

Maseland, Robbert; Vaal, Albert de

2001-01-01

This paper investigates to what extent fair trade programmes, are indeed ‘fair’. This is accomplished by comparing fair trade with free trade and protectionist trade regimes on their compliance of the criteria set by the fair trade movement itself. This comparison is made using comparative cost

Agricultural Trade Barriers 10 years later Uruguay Round Trade Agreement Signature

OpenAIRE

Mahia, R.; Arce, Rafael de; Escribano, Gonzalo

2005-01-01

In this paper, an analysis of current state of agricultural trade barriers is carried out alter ten years of Uruguay Round Agricultural Trade Agreement Signature The descriptive analysis showed that small advances in trade barriers removing have been taken out. About the heterogeneity in tariff applications, tariff progresivity and peak tariffs, the same situation is pointed out.

Does AFTA Create More Trade for Thailand? An Investigation of Some Key Trade Indicators

Directory of Open Access Journals (Sweden)

Piriya Pholphirul

2010-04-01

Full Text Available This paper examines whether the ASEAN Free Trade Agreement (AFTA creates trade for Thailand or actually diverts it away from the country. It does this by analyzing various trade indicators: the Export Similarity Index, the Intra-Industry Trade Index, and Revealed Comparative Advantage (RCA rank correlation. By examining the patterns of trade between Thailand and other members of ASEAN, it reveals a high degree of similarity regarding the trade structure between Thailand and AFTA, which indicates that there will be fewer trade-creation benefits from AFTA and a greater likelihood of trade diversion once the AFTA scheme has been fully implemented. This similarity pattern explains the reasons for future collaboration among member countries and supportive arguments for the future extension of ASEAN ("ASEAN+". Market-penetration and development strategies should be employed by Thai exporters when accessing the ASEAN market.

Quantifying immediate price impact of trades based on the k-shell decomposition of stock trading networks

Science.gov (United States)

Xie, Wen-Jie; Li, Ming-Xia; Xu, Hai-Chuan; Chen, Wei; Zhou, Wei-Xing; Stanley, H. Eugene

2016-10-01

Traders in a stock market exchange stock shares and form a stock trading network. Trades at different positions of the stock trading network may contain different information. We construct stock trading networks based on the limit order book data and classify traders into k classes using the k-shell decomposition method. We investigate the influences of trading behaviors on the price impact by comparing a closed national market (A-shares) with an international market (B-shares), individuals and institutions, partially filled and filled trades, buyer-initiated and seller-initiated trades, and trades at different positions of a trading network. Institutional traders professionally use some trading strategies to reduce the price impact and individuals at the same positions in the trading network have a higher price impact than institutions. We also find that trades in the core have higher price impacts than those in the peripheral shell.

Regional Externalities

NARCIS (Netherlands)

Heijman, W.J.M.

2007-01-01

The book offers practical and theoretical insights in regional externalities. Regional externalities are a specific subset of externalities that can be defined as externalities where space plays a dominant role. This class of externalities can be divided into three categories: (1) externalities

Protectionism, free trade and preferential trade: the Mexican experience 1970-2005

Directory of Open Access Journals (Sweden)

2007-03-01

Full Text Available This paper is a theoretical and applied analysis of free trade policies and protectionism. First, the evolution of free trade theories, vis-à-vis protectionist ideas, is described, starting from the classical economists, their assumptions and implications for attaining welfare Pareto optimality, full employment and growth. Secondly, a structural analysis of the Mexican economy’s performance in three successive but different periods, regarding trade policies for the last thirty-five years is presented. I conclude that extreme free-trade policies have not been good for economic stability, growth and employment creation in Mexico.

International trade and employment: trade partner country effects on jobs and wages

NARCIS (Netherlands)

Fortanier, F.N.; Jaarsma, M.; Korvorst, M.

2011-01-01

Recent academic research has consistently identified trading firms - both exporters and importers - to be larger, and to pay higher wages than their non-trading counterparts. However, not all trade is equal: imports from low-wage countries may destroy employment, particularly among low-skilled

40 CFR 90.206 - Trading.

Science.gov (United States)

2010-07-01

... 40 Protection of Environment 20 2010-07-01 2010-07-01 false Trading. 90.206 Section 90.206... Trading Provisions § 90.206 Trading. (a) An engine manufacturer may exchange emission credits with other engine manufacturers in trading, subject to the trading restriction specified in § 90.207(c)(2). (b...

International trade. Multinational aspects.

Science.gov (United States)

Ozawa, Y

2000-01-01

Of numerous regional economic agreements, the European Union (EU), the North American Free Trade Agreement (NAFTA), South American Common Market (MERCOSUR), the Association of Southeast Asian Nations (ASEAN), the South Asian Association for Regional Cooperation (SAARC) and the Australia-New Zealand Closer Economic Relations Agreement are examples that are actively pursuing regional integration for freer trade of animals and animal products. The World Trade Organization (WTO) believes that regional and multinational integration initiatives are complements rather than alternatives in the pursuit of more open trade. In the efforts to harmonize SPS standards among multilateral trading nations, it is recommended that national requirements meet the standards developed by the OIE and the FAO/WHO Codex Alimentarius Commission as the minimum requirements rather than adopting the standards of the lowest common denominator. Regional grouping may hinder multilateral or bilateral trade between the countries of a group and those of the other groups. How to eliminate such non-tariff barriers as traditional trade custom remains to be examined. Ongoing activities of VICH (Harmonisation of Technical Requirements for Registration of Veterinary Medical Products) may pave the way for more open trade in pharmaceutical products between multilateral regional groups.

Trade in health services.

Science.gov (United States)

Chanda, Rupa

2002-01-01

In light of the increasing globalization of the health sector, this article examines ways in which health services can be traded, using the mode-wise characterization of trade defined in the General Agreement on Trade in Services. The trade modes include cross- border delivery of health services via physical and electronic means, and cross-border movement of consumers, professionals, and capital. An examination of the positive and negative implications of trade in health services for equity, efficiency, quality, and access to health care indicates that health services trade has brought mixed benefits and that there is a clear role for policy measures to mitigate the adverse consequences and facilitate the gains. Some policy measures and priority areas for action are outlined, including steps to address the "brain drain"; increasing investment in the health sector and prioritizing this investment better; and promoting linkages between private and public health care services to ensure equity. Data collection, measures, and studies on health services trade all need to be improved, to assess better the magnitude and potential implications of this trade. In this context, the potential costs and benefits of trade in health services are shaped by the underlying structural conditions and existing regulatory, policy, and infrastructure in the health sector. Thus, appropriate policies and safeguard measures are required to take advantage of globalization in health services. PMID:11953795

Organ Trade

NARCIS (Netherlands)

J.A.E. Ambagtsheer (Frederike)

2017-01-01

markdownabstractOrgan trade constitutes the sale and purchase of organs for financial or material gain. Although prohibited since the 1980s, an increasing number of reports indicate its proliferation across the globe. Yet, many knowledge gaps exist on organ trade, in particular on the demand -and

Revenue, welfare and trade effects of European Union Free Trade Agreement on South Africa

Directory of Open Access Journals (Sweden)

Kore M.A. Guei

2017-10-01

Full Text Available Background: Using the partial equilibrium WITS-SMART Simulation model to assess the impact of liberalisation under the Trade Development and Cooperation Agreement (TDCA of a free trade area between the European Union and South Africa. The identification of the impact of such agreement allows for trade policy negotiation adjustment that can be beneficial for South Africa. Aim: The aim of the study is to estimate and discuss the impact of a Free Trade Agreement (FTA with the European Union and South Africa. More specifically, the study intends to estimate the impact of revenue, welfare, imports, exports, trade creation and to come up with policies options for South Africa that can be used in negotiations and policy formulations. Setting: The study used international trade data (2012 available in the WITS-SMART model to assess bilateral trade agreement between the European Union and South Africa. Methods: To identify the impact on revenue, welfare, imports, exports and trade creation, the study simulated an FTA (0% tariff rate for all goods exchanged between the European Union and South Africa. Also, the elasticity of substitution used for the simulation model was 99%. Results: The findings of the study reveal that total trade effects in South Africa are likely to surge by US$ 1.036 billion with a total welfare valued at US$ 134 million. Dismantling tariffs on all European Union (EU goods would be beneficial to consumers through net trade creation. Total trade creation would be US$ 782 million. However, South African producers are likely to contribute a trade diversion of US$ 254 million which has a negative impact on consumer welfare. The country might also experience a revenue loss amounting to US$ 562 million because of the removal of tariffs. In trade, the country’s exports and imports to the EU are expected to increase by US$ 12.419 million and US$ 1.266 million, respectively. Conclusion: The European Union–South Africa FTA would

Preferential Trade Arrangements and the Pattern of Production and Trade when Inputs are Differentiated

NARCIS (Netherlands)

J.F. François (Joseph)

2005-01-01

textabstractThis paper is concerned with rules of origin when intermediate goods are differentiated. An analytical model emphasizes trade patterns and the relative importance of trade in intermediates given trade preferences. Econometric evidence based on intra-OECD trade in motor vehicles and motor

Biological trade and markets.

Science.gov (United States)

Hammerstein, Peter; Noë, Ronald

2016-02-05

Cooperation between organisms can often be understood, like trade between merchants, as a mutually beneficial exchange of services, resources or other 'commodities'. Mutual benefits alone, however, are not sufficient to explain the evolution of trade-based cooperation. First, organisms may reject a particular trade if another partner offers a better deal. Second, while human trade often entails binding contracts, non-human trade requires unwritten 'terms of contract' that 'self-stabilize' trade and prevent cheating even if all traders strive to maximize fitness. Whenever trading partners can be chosen, market-like situations arise in nature that biologists studying cooperation need to account for. The mere possibility of exerting partner choice stabilizes many forms of otherwise cheatable trade, induces competition, facilitates the evolution of specialization and often leads to intricate forms of cooperation. We discuss selected examples to illustrate these general points and review basic conceptual approaches that are important in the theory of biological trade and markets. Comparing these approaches with theory in economics, it turns out that conventional models-often called 'Walrasian' markets-are of limited relevance to biology. In contrast, early approaches to trade and markets, as found in the works of Ricardo and Cournot, contain elements of thought that have inspired useful models in biology. For example, the concept of comparative advantage has biological applications in trade, signalling and ecological competition. We also see convergence between post-Walrasian economics and biological markets. For example, both economists and biologists are studying 'principal-agent' problems with principals offering jobs to agents without being sure that the agents will do a proper job. Finally, we show that mating markets have many peculiarities not shared with conventional economic markets. Ideas from economics are useful for biologists studying cooperation but need

Managing the trade-public health linkage in defence of trade ...

African Journals Online (AJOL)

Managing the trade-public health linkage in defence of trade liberalisation and ... of United States-measures affecting the production and sale of clove cigarettes. ... Potchefstroom Electronic Law Journal/Potchefstroomse Elektroniese Regsblad.

Is the Classification of International Trade in Horizontal and Vertical Intra-Industry Trade Usable?

DEFF Research Database (Denmark)

Nielsen, Jørgen Ulff-Møller; Lüthje, Teit

2001-01-01

with vertical intra-industry trade (between Germany and France) making up 50-60%. The high level of vertical intra-industry trade probably covers up many products shifting between e.g. vertical and horizontal intra-industry. The statement from the literature that the European integration process involves heavy......Abstract On the basis of OECD trade statistics at SITC 5 digit level for the period 1961-1999 we show the classification of international trade in (a) inter-industry trade and (b) horizontal intra-industry and (c) vertical intra-industry trade used in the empirical trade literature to be non stable...... at the individual product level. This indicates that this type of statistical classification based on unit-values is probably not very useful. On the other hand, we also show in accordance with the literature that the aggregate distribution of trade into the three categories apparently is rather stable...

Externalities - an analysis using the EU ExternE-results

International Nuclear Information System (INIS)

2003-10-01

The EU project ExternE quantified the externalities for the different energy technologies. In this work, the ExternE results are used in a MARKAL-analysis for the Nordic countries. The analysis does not go into detail, but gives some interesting indications: The external costs are not fully covered in the Nordic energy systems, the present taxes and charges are not high enough. The emissions from the energy systems would be strongly reduced, if taxes/environmental charges were set at the level ExternE calculate. The emissions from power production would be reduced most. Renewable energy sources and natural gas dominate the energy systems in the ExternE case

The future of coal trading. Part 1: obstacles to coal trading

International Nuclear Information System (INIS)

Schafer, W.; Vaninetti, J.

1998-01-01

'Trading' as used in this article means routine buying and selling of futures contracts or options and other derivatives of future contracts. The variable nature of coal, lack of liquidity, and the coal industry's understanding and acceptance of commodity trading concepts are identified as three major barriers to successful trading of a coal futures contract. The article discusses these obstacles

ExternE: Externalities of energy Vol. 1. Summary

International Nuclear Information System (INIS)

Holland, M.; Berry, J.

1995-01-01

There is a growing requirement for policy analysts to take account of the environment in their decision making and to undertake the specified cost-benefit analysis. Within the European Union this is reflected in the 5th Environmental Action Programme, and the Commission's White Paper entitled 'Growth, competitiveness, employment and the ways forward to the 21st century'. This has led to a need for evaluation of environmental externalities. The ExternE Project commenced in 1991 as the European part of a collaborative study between the European Commission and the US Department of Energy. It aims to be the first systematic approach to the evaluation of external costs of a wide range of different fuel cycles. The project will result in an operational accounting framework for the quantification and monetarisation of priority environmental and other externalities. This framework will allow the calculation of the marginal external costs and benefits for specific power plants, at specific sites using specified technologies. There are three major phases in the project. Phase 1 was undertaken in collaboration with the US Department of Energy. In this phase the teams jointly developed the conceptual approach and methodology and shared scientific information for application to a number of fuel cycles. On the European side work concentrated on the nuclear and coal fuel cycles which together were expected to raise many of the fundamental issues in fuel cycle analysis. The project is currently nearing completion of Phase 2. During this phase the methodology has been applied to a wide range of different fossil, nuclear and renewable fuel cycles for power generation and energy conservation options. Also a series of National Implementation Programmes is underway in which the methodology and accounting framework are being applied to reference sites throughout Europe. In addition the general methodology is being extended to address the evaluation of externalities associated with

ExternE: Externalities of energy Vol. 2. Methodology

International Nuclear Information System (INIS)

Berry, J.; Holland, M.; Watkiss, P.

1995-01-01

This report describes the methodology used by the ExternE Project of the European Commission (DGXII) JOULE Programme for assessment of the external costs of energy. It is one of a series of reports describing analysis of nuclear, fossil and renewable fuel cycles for assessment of the externalities associated with electricity generation. Part I of the report deals with analysis of impacts, and Part II with the economic valuation of those impacts. Analysis is conducted on a marginal basis, to allow the effect of an incremental investment in a given technology to be quantified. Attention has been paid to the specificity of results with respect to the location of fuel cycle activities, the precise technologies used, and the type and source of fuel. The main advantages of this detailed approach are as follows: It takes full and proper account of the variability of impacts that might result from different power projects; It is more transparent than analysis based on hypothetically 'representative' cases for each of the different fuel cycles; It provides a framework for consistent comparison between fuel cycles. A wide variety of impacts have been considered. These include the effects of air pollution on the natural and human environment, consequences of accidents in the workplace, impacts of noise and visual intrusion on amenity, and the effects of climate change arising from the release of greenhouse gases. Wherever possible we have used the 'impact pathway' or 'damage function' approach to follow the analysis from identification of burdens (e.g. emissions) through to impact assessment and then valuation in monetary terms. This has required a detailed knowledge of the technologies involved, pollutant dispersion, analysis of effects on human and environmental health, and economics. In view of this the project brought together a multi-disciplinary team with experts from many European countries and the USA. The spatial and temporal ranges considered in the analysis are

48 CFR 52.225-4 - Buy American Act-Free Trade Agreement-Israeli Trade Act Certificate.

Science.gov (United States)

2010-10-01

... Trade Agreement-Israeli Trade Act Certificate. 52.225-4 Section 52.225-4 Federal Acquisition Regulations... CLAUSES Text of Provisions and Clauses 52.225-4 Buy American Act—Free Trade Agreement—Israeli Trade Act... Agreement—Israeli Trade Act Certificate (JUN 2009) (a) The offeror certifies that each end product, except...

Canadian municipal carbon trading primer

International Nuclear Information System (INIS)

Seskus, A.

2002-01-01

The trading of greenhouse gas (GHG) emissions is being suggested as an effective economic way to meet Canada's Kyoto target. Emissions trading is a market-based instrument that can help achieve environmental improvements while using the market to absorb the economical and effective measures to achieve emissions reductions. Placing a value on emissions means that in order to minimize costs, companies will be motivated to apply the lowest-cost emission reductions possible for regulatory approval. The two main types of emissions trading that exist in Canada are the trading of emissions that lead to the formation of smog or acid rain, and the trading of greenhouse gas emissions that lead to climate change. Since carbon dioxide is the most prevalent GHG, making up approximately 75 per cent of Canadian GHG emissions, the trading of units of GHGs is often referred to as carbon trading. The impact that emissions trading will have on municipal operations was the focus of this primer. The trading of GHG involves buying and selling of allowances of GHGs between contracting parties, usually between one party that is short of GHG credits and another that has excess credits. The 3 common approaches to emissions trading include allowance trading (cap and trade), credit trading (baseline and credit), and a hybrid system which combines both credit and allowance trading systems. The issues that impact municipalities include the debate regarding who owns the credits from landfills, particularly if power is generated using landfill gas and the power is sold as green power. Other viable questions were also addressed, including who can claim emission reduction credits if a city implements energy efficiency projects, or fuel substitution programs. Also, will municipalities be allowed to trade internationally, for example, with municipalities in the United States, and how should they spend their money earned from selling credits. This report also presents highlights from 3 emissions

Los giros del comercio exterior y la inversión extranjera directa en Cuba. The turns of foreign trade and direct foreign investment in cuba

OpenAIRE

Quintero Santos, Jose

2013-01-01

Cuban economy has a high dependence on foreign trade. In this way, Cuban economy is very vulnerable to changes occurring in the international economy. The changes in domestic economic policy and in the international economic have a great influence in the structure of the trade balance and the positioning of the various products and services in the composition of exports and imports that Cuba needs for economic development. Hence, external financing and the foreign direct invest...

77 FR 31393 - Labor Advisory Committee for Trade Negotiations and Trade Policy

Science.gov (United States)

2012-05-25

... DEPARTMENT OF LABOR Office of the Secretary Labor Advisory Committee for Trade Negotiations and Trade Policy ACTION: Notice of renewal. SUMMARY: Pursuant to the Federal Advisory Committee Act (FACA), as amended (5 U.S.C. App. 2), the Secretary of Labor and the United States Trade Representative have...

Judicial aspects of emission trade. Emission trade in the European Union

International Nuclear Information System (INIS)

Van Beuge, M.J.J.

2004-01-01

Emission trade will start in Europe in 2005. In a series of articles an overview will be given of several juridical aspects with respect to the international and national trade of emission. In part 1 attention was paid to the international judicial basis for the present climate policy. In this article an overview is given of developments with regard to emission trade in the European Union [nl

Integrated planning of electric vehicles routing and charging stations location considering transportation networks and power distribution systems

Directory of Open Access Journals (Sweden)

Andrés Arias

2018-09-01

Full Text Available Electric Vehicles (EVs represent a significant option that contributes to improve the mobility and reduce the pollution, leaving a future expectation in the merchandise transportation sector, which has been demonstrated with pilot projects of companies operating EVs for products delivering. In this work a new approach of EVs for merchandise transportation considering the location of Electric Vehicle Charging Stations (EVCSs and the impact on the Power Distribution System (PDS is addressed. This integrated planning is formulated through a mixed integer non-linear mathematical model. Test systems of different sizes are designed to evaluate the model performance, considering the transportation network and PDS. The results show a trade-off between EVs routing, PDS energy losses and EVCSs location.

Trading volume and the number of trades : a comparative study using high frequency data

OpenAIRE

Izzeldin, Marwan

2007-01-01

Trading volume and the number of trades are both used as proxies for market activity, with disagreement as to which is the better proxy for market activity. This paper investigates this issue using high frequency data for Cisco and Intel in 1997. A number of econometric methods are used, including GARCH augmented with lagged trading volume and number of trades, tests based on moment restrictions, regression analysis of volatility on volume and trades, normality of returns when standardized by...

External costs related to power production technologies. ExternE national implementation for Denmark

Energy Technology Data Exchange (ETDEWEB)

Schleisner, L; Sieverts Nielsen, P [eds.

1997-12-01

The objective of the ExternE National Implementation project has been to establish a comprehensive and comparable set of data on externalities of power generation for all EU member states and Norway. The tasks include the application of the ExternE methodology to the most important fuel cycles for each country as well as to update the already existing results, to aggregate these site- and technology-specific results to more general figures. The current report covers the detailed information concerning the ExternE methodology. Importance is attached to the computer system used in the project and the assessment of air pollution effects on health, materials and ecological effects. Also the assessment of global warming damages are described. Finally the report covers the detailed information concerning the national implementation for Denmark for an offshore wind farm and a wind farm on land, a decentralised CHP plant based on natural gas and a decentralised CHP plant base on biogas. (au) EU-JOULE 3. 79 tabs., 11 ills., 201 refs.

External costs related to power production technologies. ExternE national implementation for Denmark

International Nuclear Information System (INIS)

Schleisner, L.; Sieverts Nielsen, P.

1997-12-01

The objective of the ExternE National Implementation project has been to establish a comprehensive and comparable set of data on externalities of power generation for all EU member states and Norway. The tasks include the application of the ExternE methodology to the most important fuel cycles for each country as well as to update the already existing results, to aggregate these site- and technology-specific results to more general figures. The current report covers the detailed information concerning the ExternE methodology. Importance is attached to the computer system used in the project and the assessment of air pollution effects on health, materials and ecological effects. Also the assessment of global warming damages are described. Finally the report covers the detailed information concerning the national implementation for Denmark for an offshore wind farm and a wind farm on land, a decentralised CHP plant based on natural gas and a decentralised CHP plant base on biogas. (au) EU-JOULE 3. 79 tabs., 11 ills., 201 refs

Trade Remedies: A Primer

National Research Council Canada - National Science Library

Jones, Vivian C

2006-01-01

The United States and many of its trading partners use laws known as trade remedies to mitigate the adverse impact of various trade practices on domestic industries and workers. U.S. antidumping laws (19 U.S.C. 1673 et seq...

Trade Remedies: A Primer

National Research Council Canada - National Science Library

Jones, Vivian C

2007-01-01

The United States and many of its trading partners use laws known as trade remedies to mitigate the adverse impact of various trade practices on domestic industries and workers. U.S. antidumping (AD) laws (19 U.S.C. 1673 et seq...

Trade Remedies: A Primer

National Research Council Canada - National Science Library

Jones, Vivian C

2008-01-01

The United States and many of its trading partners use laws known as trade remedies to mitigate the adverse impact of various trade practices on domestic industries and workers. U.S. antidumping (AD) laws (19 U.S.C. 1673 et seq...

Equilibrium exchange rate assessment in Serbia using the IMF external sustainability approach

Directory of Open Access Journals (Sweden)

Pažun Brankica

2014-01-01

Full Text Available The exchange rate has always been a topical issue, particularly in the last two decades, at the time of strong world economy globalisation, as well as liberalization of international flows of goods, services and factors of production, which has resulted in stronger trade and financial integration. There has been a rise in the share of trade in world GDP. Growing developing countries contribute significantly to this growth, which is evident from the data that show increase of their share in world trade , as well as their importance in international capital flows. One of the most important concepts in open macroeconomics is the equilibrium real exchange rate - ERER. Deviations of the real exchange rate are considered to be the cause of the loss of competitiveness and economic slowdown, as well as possible currency crisis (overvaluation and undervaluation. Disadvantages of traditional concepts in exchange rate assessment which are very often reflected in unsuccessful empirical results, motivate experts to seek alternative models to assist in equilibrium exchange rate analysis. This paper aims to present one of three complementary methodologies used by the International Monetary Fund, for the equilibrium real exchange rate assessment in Serbia, as well as the deviation of the real exchange rate from its (estimated equilibrium, that is external sustainability approach.

Commercial Power of Asia

Directory of Open Access Journals (Sweden)

Iulia Monica Oehler-Sincai

2007-06-01

Full Text Available The present paper, based on a detailed analysis of the main statistical foreign trade indicators of the emerging economies of the Eastern and South-Eastern Asia, outlines a series of characteristics of the foreign trade flows of the analysed economies from the ’50 up to the present. The accent is set on the period 1995-2006, which emphasizes two moments of crisis of the Asian trade: 1997-1998 and 2001. At the level of the analysed economies, it can be remarked a tendency of continuous growth of the share of the intra-regional trade flows in the total trade flows, mainly due to their participation in regional trade agreements, to the strenghtening of the regional production networks, to the role of China as engine of economic growth in the whole region and even at global level. On product category, the manufactures have the greatest share in the merchandise exports of the Asian emerging economies (especially office and telecom equipment, integrated circuits, automotive products, textiles and clothing, etc.. While China surpassed the share of the Asian tigers of the first generation in the world trade in 2001 and that of Japan in 2004, the scenario presented in this paper indicates the surpass in 2007 of the share of Germany (second place in the world trade in 2005, the surpass of the share of the Asian tigers of the first generation in 2009, and the surpass of the share of the group of the 8 Asian tigers and that of the USA as well in 2012. In the following decades, China might become the strongest world economy at the global level, but only if the sustainable development and the eradication of the social inequities will become de facto priorities of the Chinese officials. The actual negative externalities (costs of the Chinese economic growth, transferred on the environment and the society, will be object to another analyse.

Trading network predicts stock price.

Science.gov (United States)

Sun, Xiao-Qian; Shen, Hua-Wei; Cheng, Xue-Qi

2014-01-16

Stock price prediction is an important and challenging problem for studying financial markets. Existing studies are mainly based on the time series of stock price or the operation performance of listed company. In this paper, we propose to predict stock price based on investors' trading behavior. For each stock, we characterize the daily trading relationship among its investors using a trading network. We then classify the nodes of trading network into three roles according to their connectivity pattern. Strong Granger causality is found between stock price and trading relationship indices, i.e., the fraction of trading relationship among nodes with different roles. We further predict stock price by incorporating these trading relationship indices into a neural network based on time series of stock price. Experimental results on 51 stocks in two Chinese Stock Exchanges demonstrate the accuracy of stock price prediction is significantly improved by the inclusion of trading relationship indices.

15 CFR 400.45 - Retail trade.

Science.gov (United States)

2010-01-01

... 15 Commerce and Foreign Trade 2 2010-01-01 2010-01-01 false Retail trade. 400.45 Section 400.45 Commerce and Foreign Trade Regulations Relating to Commerce and Foreign Trade (Continued) FOREIGN-TRADE ZONES BOARD, DEPARTMENT OF COMMERCE REGULATIONS OF THE FOREIGN-TRADE ZONES BOARD Zone Operations and...

Online stock trading platform

Directory of Open Access Journals (Sweden)

Ion LUNGU

2006-01-01

Full Text Available The Internet is the perfect tool that can assure the market’s transparency for any user who wants to trade on the stock market. The investor can have access to the market news, financial calendar or the press releases of the issuers. A good online trading platform also provides real-time intraday quotes, trading history and technical analysis giving the investor a clearer view of the supply and demand in the market. All this information provides the investor a good image of the market and encourages him to trade. This paper wishes to draft the pieces of an online trading platform and to analyze the impact of developing and implementing one in a brokerage firm.

Gravity with Intermediate Goods Trade

Directory of Open Access Journals (Sweden)

Sujin Jang

2017-12-01

Full Text Available This paper derives the gravity equation with intermediate goods trade. We extend a standard monopolistic competition model to incorporate intermediate goods trade, and show that the gravity equation with intermediates trade is identical to the one without it except in that gross output should be used as the output measure instead of value added. We also show that the output elasticity of trade is significantly underestimated when value added is used as the output measure. This implies that with the conventional gravity equation, the contribution of output growth can be substantially underestimated and the role of trade costs reduction can be exaggerated in explaining trade expansion, as we demonstrate for the case of Korea's trade growth between 1995 and 2007.

Efficiency of Working Capital Management in the System of Financial Safety of Trade Enterprises

Directory of Open Access Journals (Sweden)

Krutova Anzhelika S.

2016-08-01

Full Text Available The article investigates theoretical and methodological and practical aspects of managing the financial security of enterprises of wholesale and retail trade in Ukraine, summarizes the scientific approaches to assessing enterprise financial security. There justified the influence of the level of efficiency of working capital management on improving the indicators of profitability of financial and economic activity, business activity; increasing financial sustainability and stability of development; ensuring an acceptable level of financial safety of trade enterprises. The main results of financial and economic activities of Ukrainian trade enterprises for the period 2010-2015 that influenced the level of their financial security are analyzed, the negative trends in the dynamics of receiving net profit, low profitability of sales and unprofitableness of using the current assets are highlighted. There revealed a significant disproportion in the structure of capital formation sources, high deficit of own financial resources, trend of financing the current assets entirely from borrowed funds, rapid growth of the level of credit interest rates. There performed an estimation of indicators of financial sustainability by means of the coefficient and aggregate approaches, which indicated the unstable and crisis financial condition of the majority of enterprises of wholesale and retail trade in Ukraine. There determined reserves of increasing financial security with the identification of the key components in the subsystems of financial security, criteria and indicators for an objective assessment of the financial status, taking into account the influence of the external environment, which will allow making sound management decisions regarding the analysis, prevention and neutralization of real and potential threats to trade enterprises.

Bitcoin trading system

OpenAIRE

Turšič, Samo

2015-01-01

In this thesis an information solution was developed that enables the implementation of different trading strategies and backtesting over cryptocurrency Bitcoin trading data. Supported exchanges are Bitstamp, BTC-e and MtGox. In the field of technical analysis there already exist various solutions for Bitcoin that help traders to trade and advise them on basis of technical indicators and patterns. However, each has its own drawbacks, which we are aiming to fix. A web application was developed...

Bitcoin trading system

OpenAIRE

Turšič, Samo

2014-01-01

In this thesis an information solution was developed that enables the implementation of different trading strategies and backtesting over cryptocurrency Bitcoin trading data. Supported exchanges are Bitstamp, BTC-e and MtGox. In the field of technical analysis there already exist various solutions for Bitcoin that help traders to trade and advise them on basis of technical indicators and patterns. However, each has its own drawbacks, which we are aiming to fix. A web application was developed...

78 FR 30269 - Foreign-Trade Zone 129-Bellingham, Washington; Authorization of Production Activity; T.C. Trading...

Science.gov (United States)

2013-05-22

... proposed production activity to the Foreign-Trade Zones (FTZ) Board on behalf of T.C. Trading Company, Inc... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-8-2013] Foreign-Trade Zone 129--Bellingham, Washington; Authorization of Production Activity; T.C. Trading Company, Inc. (Eyeglass Assembly and Kitting...

Protectionism, free trade and preferential trade: the Mexican experience 1970-2005

OpenAIRE

Pablo Ruiz Napoles

2007-01-01

This paper is an analysis of trade policies in Mexico. A structural analysis of theMexican economy's performance in three successive but different periods, regardingtrade policies for the last thirty-five years is presented. Results are confronted with expectations from various trade policies. There are two main conclusions: first those extreme free-trade policies have not been good for economic stability, growth and employment creation in Mexico, and second, that specialization in production...

Heterogeneous trade agreements, WTO membership and international trade : an analysis using matching econometrics

NARCIS (Netherlands)

Kohl, Tristan; Trojanowska, Sofia

2015-01-01

This article explores the heterogeneous effects of trade agreements (TAs) and World Trade Organization (WTO) membership on the volume of international trade. We extend Baier and Bergstrand’s (2009a) application of matching econometrics by distinguishing between different types of TAs and WTO

Life History Trade-offs

NARCIS (Netherlands)

Smallegange, I.M.; Kliman, R.M.

2016-01-01

Trade-offs play a central role in life history theory. This article explains why they exist, how they arise, how they can be measured, and briefly discusses their evolution. Three important trade-offs are discussed in detail: the trade-off between current reproduction and survival, between current

Why are Trade Agreements Regional?

OpenAIRE

Zissimos, Ben

2007-01-01

This paper shows how distance may be used to coordinate on a unique equilibrium in which trade agreements are regional. Trade agreement formation is modeled as coalition formation. In a standard trade model with no distance between countries, a familiar problem of coordination failure arises giving rise to multiple equilibria; any one of many possible trade agreements can form. With distance between countries, and through strategic interaction in tariff setting, regional trade agreements gene...

Testing the theory of emissions trading. Experimental evidence on alternative mechanisms for global carbon trading

International Nuclear Information System (INIS)

Klaassen, Ger; Nentjes, Andries; Smith, Mark

2005-01-01

Simulation models and theory prove that emission trading converges to market equilibrium. This paper sets out to test these results using experimental economics. Three experiments are conducted for the six largest carbon emitting industrialized regions. Two experiments use auctions, the first a single bid auction and the second a Walrasian auction. The third relies on bilateral, sequential trading. The paper finds that, in line with the standard theory, both auctions and bilateral, sequential trading capture a significant part (88% to 99%) of the potential cost savings of emission trading. As expected from trade theory, all experiments show that the market price converges (although not fully) to the market equilibrium price. In contrast to the theory, the results also suggest that not every country might gain from trading. In both the bilateral trading experiment and the Walrasian auction, one country actually is worse off with trade. In particular bilateral, sequential trading leads to a distribution of gains significantly different from the competitive market outcome. This is due to speculative behavior, imperfect foresight and market power

Disentangling regional trade agreements, trade flows and tobacco affordability in sub-Saharan Africa.

Science.gov (United States)

Appau, Adriana; Drope, Jeffrey; Labonté, Ronald; Stoklosa, Michal; Lencucha, Raphael

2017-11-14

In principle, trade and investment agreements are meant to boost economic growth. However, the removal of trade barriers and the provision of investment incentives to attract foreign direct investments may facilitate increased trade in and/or more efficient production of commodities considered harmful to health such as tobacco. We analyze existing evidence on trade and investment liberalization and its relationship to tobacco trade in Sub-Saharan African countries. We compare tobacco trading patterns to foreign direct investments made by tobacco companies. We estimate and compare changes in the Konjunkturforschungsstelle (KOF) Economic Globalization measure, relative price measure and cigarette prices. Preferential regional trade agreements appear to have encouraged the consolidation of cigarette production, which has shaped trading patterns of tobacco leaf. Since 2002, British American Tobacco has invested in tobacco manufacturing facilities in Nigeria, Kenya and South Africa strategically located to serve different regions in Africa. Following this, British America Tobacco closed factories in Ghana, Rwanda, Uganda, Mauritius and Angola. At the same time, Malawi and Tanzania exported a large percentage of tobacco leaf to European countries. After 2010, there was an increase in tobacco exports from Malawi and Zambia to China, which may be a result of preferential trade agreements the EU and China have with these countries. Economic liberalization has been accompanied by greater cigarette affordability for the countries included in our analysis. However, only excise taxes and income have an effect on cigarette prices within the region. These results suggest that the changing economic structures of international trade and investment are likely heightening the efficiency and effectiveness of the tobacco industry. As tobacco control advocates consider supply-side tobacco control interventions, they must consider carefully the effects of these economic agreements and

BP's emissions trading system

International Nuclear Information System (INIS)

Victor, David G.; House, Joshua C.

2006-01-01

Between 1998 and 2001, BP reduced its emissions of greenhouse gases by more than 10%. BP's success in cutting emissions is often equated with its use of an apparently market-based emissions trading program. However no independent study has ever examined the rules and operation of BP's system and the incentives acting on managers to reduce emissions. We use interviews with key managers and with traders in several critical business units to explore the bound of BP's success with emissions trading. No money actually changed hands when permits were traded, and the main effect of the program was to create awareness of money-saving emission controls rather than strong price incentives. We show that the trading system did not operate like a 'textbook' cap and trade scheme. Rather, the BP system operated much like a 'safety valve' trading system, where managers let the market function until the cost of doing so surpassed what the company was willing to tolerate

Relative intensity of bilateral trade flows, regional integration, and trade performance: the case of Brazil, 1984-1998

Directory of Open Access Journals (Sweden)

Silva Valquiria da

2003-01-01

Full Text Available The objective of this research is to identify the component of trade that results specifically from bilateral relations and evaluate how the creation of trading blocs affects trade relations between countries. The trirapport coefficient of the relative intensity of bilateral agricultural sector trade flows between Brazil and other countries from 1984 and 1998 is used in the evaluation. In general, the results show that relative trade intensity between Brazil and its non-MERCOSUL trade partners fell after their entry into regional trade agreements (extra-bloc effect. The intra-bloc effect (trade expansion is reflected by changes in trade intensity between Brazil and the other MERCOSUL members and changes in trade intensity between NAFTA members Mexico, Canada, and the United States.

Emissions Trading Resources

Science.gov (United States)

Learn about emissions trading programs, also known as cap and trade programs, which are market-based policy tools for protecting human health and the environment by controlling emissions from a group of sources.

76 FR 10082 - Office of International Trade; State Trade and Export Promotion (STEP) Grant Program

Science.gov (United States)

2011-02-23

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Externalities of fuel cycles 'ExternE' project. Summary report

International Nuclear Information System (INIS)

Holland, M.; Berry, J.

1994-01-01

There is a growing requirement for policy analysts to take account of the environment in their decision making and to undertake the specified cost-benefit analysis. Within the European Union this is reflected in the 5th Environmental Action Programme, and the Commission's White Paper entitled 'Growth, competitiveness, employment and the ways forward to the 21st century'. This has led to a need for evaluation of environmental externalities. The ExternE Project commenced in 1991 as the European part of a collaborative study between the European Commission and the US Department of Energy. It aims to be the first systematic approach to the evaluation of external costs of a wide range of different fuel cycles. The project will result in an operational accounting framework for the quantification and monetarisation of priority environmental and other externalities. This framework will allow the calculation of the marginal external costs and benefits for specific power plants, at specific sites using specified technologies. There are three major phases in the project. Phase I was undertaken in collaboration with the US Department of Energy. In this phase the teams jointly developed the conceptual approach and methodology and shared scientific information for application to a number of fuel cycles. On the European side work concentrated on the nuclear and coal fuel cycles which together were expected to raise many of the fundamental issues in fuel cycle analysis. The project is currently nearing completion of Phase 2. During this phase the methodology has been applied to a wide range of different fossil, nuclear and renewable fuel cycles for power generation and energy conservation options. Also a series of National Implementation Programmes are underway in which the methodology and accounting framework are being applied to reference sites throughout Europe. In addition the general methodology is being extended to address the evaluation of externalities associated with