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U S Economy Clinton Administration
1,044 words... is the world's largest importer and exporter. Trade accounts for 11 % of the U. S. economy and about 30 % of economic growth in recent years, the Clinton administration says. Trade-related jobs typically pay 13 % to 16 % more than other jobs. Exports alone have accounted for 30 % of the more than 20 million jobs created since 1986. Current WTO agreements -- to free up trade in everything from clothes to computers -- give the average family of four $ 1, 500 to $ 3, 000 in additional purchasin...
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Asia Pacific Region World Trade Organisation
2,078 wordsTrade and investment Australia's export structures have changed considerably over the past 15 years. Although trade in commodities remains strong, new services and sophisticated manufacturing export markets have emerged. Merchandise exports were valued at $ 86 billion in 1998 - 99. During the same year, Australian exports of services totalled $ 26 billion. Exports recorded seven per cent average annual growth in the five years to 1998 - 99. They now account for 20 per cent of GDP, compared with ...
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Canadian Economy Raw Materials
1,012 wordsMacroeconomics. The modern epoch is characterized by the wide international economic cooperation and integration featured by the diversification of the manufacturing and globalization of the economy. The humanity faces the task of working out the common standards and rules of the common business. Countries have to establish the organizations aimed to support their local business, protect their national economies and the rights of the national manufacturers, exporters and importers. One of such i...
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Foreign Direct Investment World Trade Organization
2,288 wordsGlobal Institutions on the Way to Reformation In today world thr ar many issus in nd f rfr matin, n f which is international trad, this known as globalization. Although thr ar a grat dal f rul's, regulations, and prices ipod n international trad, th many in which ths rul's hav bn nord is a may cntrvrsy that sms t b scaling day by day. At th cntr f th cntrvrsy is th World Trad organization (WT). Th WT was stablish in 1995 in rdr t transfer th Gnral Agrmnt n Tariffs and Trad (GATT) int an norcal g...
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Goods And Services Foreign Competition
2,973 wordsLet us protect our key industries from unfair foreign competition From the Beginning K In addition to adopting a free trade policy, Government has protected the key US industries from unfair foreign competition. Domestic industries feel pressure from foreign competitors because of lower pricing and better quality products. For these reasons, competition can become intense and has caused our industries to seek government protection. Protectionism brings together business and labor, sixteenth cent...
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