Regulatory economics

2-1. FTA/EPA and the current trade In terms of the classical theory, FTA is the first step of economic integration, which is a ‘fusion of national markets’, and abolishment of tariffs and allotment of quotas among the member countries (Balassa, 1962: 2). Particularly, under perfect competition, trade liberalisation may enable economic welfare to maximise (ibid, 59). Due to open markets, reallocation of productive resources from less to more efficient countries could occur and national industries…

prices in the bay area. One of the more significant reasons she focuses on is the regulatory practices we have in California. Compared to most other states in America, California has much less regulation on land use and residential construction. This leaves California cities to be essentially free to set their own rules, with little oversight from regional or state authorities. John M. Quigley, a professor of economics at California Berkeley, wrote a paper analyzing the effect of regulations…

The Porter Hypothesis has met with great success in political debate, especially in the United States, because it contradicts the idea that environmental protection is always detrimental to economic growth. The PH has been invoked to persuade the business community to accept environmental regulations, as it may benefit from them in addition to other stakeholders. In a nutshell, well-designed environmental regulations might lead to a Pareto improvement…

Economic groups seek economic advantages, private goods, which will benefit their members. Noneconomic groups seek benefits that will not only affect their members but also the rest of society; purpose, solidarity and informational benefits. Business groups promote the interest of big corporations seeking benefits to better their companies such as tax cuts, regulatory changes and other changes that would benefit the company economically…

definition for SMEs, definition of SME varies according multiple standards such as Size of capital, number of employes, laws and regulation in different countries,etc. Small ,medium enterprises (SMEs) is widely recognize as the engine if sustainable economic growth and development , the crucial of SMEs is trace to employ greater number of people, it has higher contribution to…

This essay will examine Peru’s political, legal, economic, and cultural systems and risks. Additionally, analysis the challenges and opportunities of doing business in Peru. Finally, I will suggest a product to enter into Peru and why there is an opportunity for this product. 
 Peru 's political system is a constitutional republic with a multi-party system, and the government consists of three branches of government which are executive, legislative, and judicial. The executive branch contains…

The Yucca Mountain Project Nuclear waste is a problem that plagues the United States due to dilemmas surrounding its handling. A scientific consensus shows that the best way to get rid of nuclear waste is through geological disposal, however, this method creates several barriers. Geological disposal includes storing nuclear waste in an underground repository site in hopes of it being contained without the need of surveillance for thousands of years. Due to the fact that nuclear waste contains…

argued that USPS violated antitrust laws, but in 2004 the Supreme Court unanimously sided with USPS (Brennan, 2005). The main takeaway from this court case were since the USPS is regulated and cannot set prices without the approval of the Postal Regulatory Commission, the USPS is not noticeable enough to be subject to antitrust laws (Brennan, 2005). Since the USPS is classified as a government entity (Brennan, 2005) this shows that it is quite unlikely for the government to try and dilute the…

current characteristics of each environmental factor as they relate to REI. U.S. Economy How does the current U.S. economy affect REI retail operations? 1. Thankfully, the U.S economy has historically been able to do a complete turn around during economic struggle. However, if REI retail operations were to be be affected people would begin to adjust their leisurely spending habits because they don’t necessarily need array of REI products. This would in turn decrease REI sales which would…

Question 1 The banks function as an intermediary between depositors and investors. It is depositor’s main aim to safeguard their saving while investors in the other hand need some financial assistance in order to fulfil their economic and financial objectives. Thus, it is a crucial responsible for them to fulfil the commitment towards few important goals to both clientele. Besides maximizing the profit to fulfil their obligation to the shareholder, banks also responsible to ensure soundness of…