🗊Презентация Free Trade vs Fair Trade

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Слайды и текст этой презентации


Слайд 1





Free Trade vs Fair Trade 
Winners and Losers
Описание слайда:
Free Trade vs Fair Trade Winners and Losers

Слайд 2





Why trade?
Specialization and economies of scale in production lead to greater quantity of production in all trading countries and thus increased  incomes and higher standard of living (economic welfare) 
International trade and international economic interdependence may reduce tensions and promote peace among nations of the world
Описание слайда:
Why trade? Specialization and economies of scale in production lead to greater quantity of production in all trading countries and thus increased incomes and higher standard of living (economic welfare) International trade and international economic interdependence may reduce tensions and promote peace among nations of the world

Слайд 3





NAFTA
Free trade
Elimination of tariff, gradual in some cases
Exceptions	
Free capital movements/investment 
====================
Rationales 
Stability 
Economic prosperities for all parties 
Will reduce illegal immigration
Описание слайда:
NAFTA Free trade Elimination of tariff, gradual in some cases Exceptions Free capital movements/investment ==================== Rationales Stability Economic prosperities for all parties Will reduce illegal immigration

Слайд 4





Concerns 
Economic Disparities 
Environmental concerns 
Labor concerns
Inequalities
Описание слайда:
Concerns Economic Disparities Environmental concerns Labor concerns Inequalities

Слайд 5





Why free trade may not be fair:
Limited potentials for trade in the developing world
Winners and losers in both developed and developing countries 
The mismatches
Tastes
Regulations 
Standards 
Cultures 
Economic and social institutions 
Etc.
Описание слайда:
Why free trade may not be fair: Limited potentials for trade in the developing world Winners and losers in both developed and developing countries The mismatches Tastes Regulations Standards Cultures Economic and social institutions Etc.

Слайд 6





Has NAFTA been successful? 
Economic growth 
Income inequality and poverty reduction 
Economic stability 
Immigration
Has NAFTA resulted in real “free trade?” 
Some non-tariff barriers have survived 
The corn and tomato story 
The maquiladoras
The emergence of China
Описание слайда:
Has NAFTA been successful? Economic growth Income inequality and poverty reduction Economic stability Immigration Has NAFTA resulted in real “free trade?” Some non-tariff barriers have survived The corn and tomato story The maquiladoras The emergence of China

Слайд 7





Perils of Free Trade 
Transitional job losses (unemployment)
Lower incomes for some 
Loss of tariff income for some countries 
Infant industries at risk: A need for protection 
Imperfect capital markets
(Note: Some criticize protection of infant industries.) 
 Level playing field?
From developed countries perspective 
From developing countries perspective 
Dumping laws 
There may be more losers and winners despite economic growth in some countries
Описание слайда:
Perils of Free Trade Transitional job losses (unemployment) Lower incomes for some Loss of tariff income for some countries Infant industries at risk: A need for protection Imperfect capital markets (Note: Some criticize protection of infant industries.) Level playing field? From developed countries perspective From developing countries perspective Dumping laws There may be more losers and winners despite economic growth in some countries

Слайд 8





Where are we now?
From GATT rounds (ending with the Uruguay Round)  to WTO 1994
The rule of law in international trade 
Still the powerful have more clout 
Trade liberalization has favored the rich 
Still developing countries pay more tariffs than industrial rich 
Patent laws 
Capital  liberalization vs labor liberalization
Politics and the influence of special interests
The development rounds: From Doha (2001) to Cancun (2003) and Hong Kong (2005): not much accomplished
Описание слайда:
Where are we now? From GATT rounds (ending with the Uruguay Round) to WTO 1994 The rule of law in international trade Still the powerful have more clout Trade liberalization has favored the rich Still developing countries pay more tariffs than industrial rich Patent laws Capital liberalization vs labor liberalization Politics and the influence of special interests The development rounds: From Doha (2001) to Cancun (2003) and Hong Kong (2005): not much accomplished

Слайд 9





What to do? 
Treating developing countries differently
Developed countries should do something about their agriculture subsidies 
Remove escalating tariffs from processed agricultural goods
Liberalize unskilled-labor-intensive services 
Liberalize labor migration 
Reduction of non-tariff barriers 
Safeguards and dumping duties
Описание слайда:
What to do? Treating developing countries differently Developed countries should do something about their agriculture subsidies Remove escalating tariffs from processed agricultural goods Liberalize unskilled-labor-intensive services Liberalize labor migration Reduction of non-tariff barriers Safeguards and dumping duties

Слайд 10





Fair Trade for Developing Countries 
The “most favored nation” principle should not be used as a bargaining tool by developed countries 
Extended market access; the European example 
Give them a break on subsidies
Let them protect their new promising industries
Описание слайда:
Fair Trade for Developing Countries The “most favored nation” principle should not be used as a bargaining tool by developed countries Extended market access; the European example Give them a break on subsidies Let them protect their new promising industries

Слайд 11





Agriculture 
The industrial world should stop or significantly reduce its agricultural subsidies, especially on those crops in which the developing countries may have a comparative advantage—e.g. cotton
Concentration of subsidies in the US
Fair market prices are would help efficient producers while the impact of slightly higher prices on consumers will be minimal
Описание слайда:
Agriculture The industrial world should stop or significantly reduce its agricultural subsidies, especially on those crops in which the developing countries may have a comparative advantage—e.g. cotton Concentration of subsidies in the US Fair market prices are would help efficient producers while the impact of slightly higher prices on consumers will be minimal

Слайд 12





Tariff Policies 
Do not punish developing countries for attempting to increase the value added of there exports by processing them: escalating tariffs; e.g., oranges vs. orange juice 
The effective protection of processing could be much greater than the nominal tariff rate on a processed product
Do not abuse “safeguards” and “dumping” duties; there is need for an international tribunal to rule on trade violations
Описание слайда:
Tariff Policies Do not punish developing countries for attempting to increase the value added of there exports by processing them: escalating tariffs; e.g., oranges vs. orange juice The effective protection of processing could be much greater than the nominal tariff rate on a processed product Do not abuse “safeguards” and “dumping” duties; there is need for an international tribunal to rule on trade violations

Слайд 13





Non-Tariff Barriers
Technical barriers: safety, standards, etc.
Rules of origin 
Tendencies toward bilateral trade agreements; such agreements should be restricted: It may be in the interest of large (powerful) countries to try to enter into trade agreement with individual countries – e.g., Chile Morocco, Peru
Описание слайда:
Non-Tariff Barriers Technical barriers: safety, standards, etc. Rules of origin Tendencies toward bilateral trade agreements; such agreements should be restricted: It may be in the interest of large (powerful) countries to try to enter into trade agreement with individual countries – e.g., Chile Morocco, Peru

Слайд 14





Unskilled Labor and Immigration 
Developed countries should open up their markets to low-skilled services of developing countries: trucking, shipping, etc. 
The rich countries’ capital chases the cheap labor in developing countries. Why not liberalize the movement of low-skilled labor as well so that such labor can go the countries where the is a shortage of such labor
Описание слайда:
Unskilled Labor and Immigration Developed countries should open up their markets to low-skilled services of developing countries: trucking, shipping, etc. The rich countries’ capital chases the cheap labor in developing countries. Why not liberalize the movement of low-skilled labor as well so that such labor can go the countries where the is a shortage of such labor

Слайд 15





Institutional Reforms 
Who makes the rules of international trade?
Who sets the agenda?
Who enforces the rules and how?
How are disagreements are resolved?
Transparency and openness in processes 
Enforcement mechanisms are not effective when used by developing countries; solution: trading “enforcement rights”
Описание слайда:
Institutional Reforms Who makes the rules of international trade? Who sets the agenda? Who enforces the rules and how? How are disagreements are resolved? Transparency and openness in processes Enforcement mechanisms are not effective when used by developing countries; solution: trading “enforcement rights”



Теги Free Trade vs Fair Trade
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