Lastly demand conditions look at customer need and demand which must be produced by companies will have to produce innovative, high quality products early, this way competitive advantage will be met. Related and supporting industries, if suppliers industries exist in the country that are themselves internationally competitive, this can result in competitive advantage in the new industry, firm strategy, structure. Different nations have different management rule and regulations, which can either destroy or build its competitive advantage. If there is a solid internal competition, in this way it creates improved efficiency, making industries better international
Introductions International trade refers to a country trade goods and services to another country. International trade open up the world potential market to increase producer sales quantity and increase competition on foreign country. apart from these, international trade will create job opportunity and hence reduced unemployment rate as well as positive balance of payment. however, it might bring negative effects to a country as well, therefore, government play an important role in implementing trade restriction on imported goods in order to prevent imported goods destroy the domestic market or at certain extend, monopolize the market. 94 words A ) Discuss the forms of restriction on international trade.
The impact of taxes and public spending on economic growth has become a subject of much discussion and debate among economists. This is partly because there are many theories regarding what propels and facilitates economic growth: while some favour the Keynesian demand side factors, others Neo-classical supply side factors, while yet others consider a mixture of the two or another theory altogether. However, the world economy is sufficiently large and complex enough so that any theory can find some support in the data. By implementing changes in tax rates and public spending, the government can influence the economy, through what is popularly known as fiscal policy. There are strong proponents as well as opponents for cutting taxes and public
According to the trade-off theory, firms can optimize their own capital structure because they encounter a trade-off between the advantages and disadvantages of debt on firm's market value; rising leverage by increasing debt means that the firm can benefit from debt tax shields, which will increase its value (Modigliani and Miller’s (1963) Proposition I under corporate taxes). However, high leverage leads to higher (expected) direct and indirect costs of financial distress, thus, decreasing the firm’s market value. Direct costs include the legal and administrative costs of liquidation or reorganization. Indirect costs refer to the impaired ability to conduct business and to agency costs of debt that are specifically related to periods of high
Multinationals do try to increase their profit by increasing efficiency of local firms through importing their capital, advanced technologies, marketing and managerial skills (Baldwin and Dhaliwal 2001; Baldwin and Gu 2005; Blomstrom and Kokko 1998; Globerman and Ries 1994; Rao and Tang 2005). The findings corroborate with Mallick (2012b) in the Indian
Hana Awadalla 900142735 Dr. Adel Beshai ECON202102 What do we want from our government? A market economy is an economy in which decisions concerning investment, production, and distribution are grounded on supply and demand, and prices of goods and services are determined in a free price system. In this form of economic organization, firms, motivated by the desire to increase profits, buy inputs and produce and sell outputs. The government has several roles to play in a market economy; according to Adel Beshai, “its role is pivotal to the success of liberalization.” These roles include the promoting of efficiency, the income of distribution and the growth and stability of an economy. The roles of the government are to be prominent in three
Immigration contributes critically to the economy of the host country, either positively or negatively. This paper has argued that immigration should be encouraged in order to improve the host country’s economy because there are obvious benefits to the economy of the host country in terms of state revenue, the labor market, and country development. Although, some might argue that immigration leads to mass deportation, and an increase on border-patrol budget as well as a decrease in the wages of native-born, high-skilled workers. As discussed before, immigration increases gross domestic product and provide cheap services, enabling high-skilled, indigenous workers to focus on their work more, rather than doing domestic jobs, such as house cleaning. Moreover, immigrants create innovations, such as Google, and they increase the number of scientist in the U.S. As a suggestion, the host country should inspire companies to employ workers depending on their experience, so immigrants have a great opportunity to compete with the natives.
It is designed to increase the price of the foreign good or service so that the competing domestic good receives a price benefit. The tariff is also an important source of revenue for the government. Subsidies are grants or payments made by the government
ABSTRACTS: Goods and Service Tax is a value added tax on both goods and services as against the prevailing VAT only on goods. Some of the most important gains from the GST reform are that it is expected to broaden the tax base, enhance export competitiveness by comprehensively relieving domestic consumption taxes on exports, reduce distortions in the economy through a more comprehensive input tax credit, ensure greater regional equity by getting rid of inter-state sales tax and having a destination-based tax and also help to create a seamless national market by removing inter-state trade barriers. It is expected that this reform will significantly help to reduce the compliance cost for taxpayers by simplifying and harmonizing the tax structure
Introduction: Taxation is a way of increasing government’s revenue by forcing fees on the government units with providing protection to taxpayer’s property. So forcing tax helps to increase the economic growth of the government, and stabilize the price. In addition, the money collected from the taxpayers is very helpful to fund the government to serve the social purposes in their country like funding projects related to health care systems, and education systems. And there are different types of taxations such as income tax, wealth tax, wealth transfer tax, and consumption tax, tariffs and duties tax. In this reflection, I will discuss what I have learned about individual and business taxation in Bus 41563, the challenges that I have faced,