Tariff

US Customs and Border Protection agents face a myriad of challenges with ensuring the border is properly secured. A significant issue is trying to stop the smuggling and unlawful crossing of migrants over the border and controlling the flow of drugs into the country. In order for Customs and Border Protection agents to effectively perform their job, they must be able to properly inspect and search the people and property that crosses the borders on a daily basis. The Functional Equivalent of…

The Great Depression was not caused by one lone factor. Instead, the Great Depression was caused by a combination of domestic and worldwide conditions. One reason the Great Depression was started was the Stock Market Crash of 1929. Another reason was the bank failures that happened because of the Stock Market Crash of 1929. There are also other reasons the great depression occurred. The reduction in purchases, and the American economic policy with Europe. As said above, The Stock Market Crash of…

The Jeffersonian Democracy as described by historians was a new way to potentially unite America’s political ambitions by petitioning highly political biased newspapers for support with the intended result of separating it from the Federalists (Schultz, n.d.). This type of campaigning at the grassroots level, exploiting barbeques and clambakes for political gain, was tactics not used or even thought of by the Federalists which made them appear to be out of touch. At times, the campaign would…

For this research, I will utilize the theory presented by Spolaore and Wacziarg (2005) that finds that “(i) country size and openness are positively related to higher income per capita in steady-state (and hence higher growth in the transition to the steady-state), and (ii) other things equal, the effect of size is larger for countries with higher barriers to trade (and, hence, lower openness), while the effect of higher barriers and lower openness is bigger for smaller countries.” In essence,…

Globalization offered CEMEX and other Cement manufactures to enjoy various benefits such as i) empire building and growth via stabilized revenues, also benefiting from the arbitrage prices and economies of scale ii) export tariffs reduction and complete reduction in import tariffs in case of localized facilities iii)localization of cement production and distribution facilities closer to point of use changed the ‘global cement industry game’ with lower shipping costs, also…

From the early 1800s, slavery was becoming more of a sectional issue meaning that the country was being divided by regional lines. Northerners were becoming more opposed to slavery, and Southerners were becoming more united in their defense of slavery as an institution. The North and the South not only differed in their view of slavery, they also adopted different lifestyles, political views and customs which made it hard for both sides to understand each other. The North was urbanized and…

How did the British people see their empire at the end of the late nineteenth and early twentieth century? They saw the Empire evolving and even some devolving. For the people living in the British empire, during the turn of the century, Queen Victoria’s Diamond Jubilee was a time of pride and yet a time of growing insecurity about the fate of the nation, because of the concerns with status as an economic power, a strong anti-imperial sentiment was growing, and the resistance in Ireland.…

Justified In the creation of the United States of America, like anything when created, it unveils loopholes or kinks with time. That happened to be the case with United States Constitution; no law stated that a state could not leave the union and start another country or group of states, which happened to have a tremendous effect on the young and growing United States of America. In the time leading up to the Civil War the North kept raising taxes on imports which benefited them greatly,…

However, after 2nd World War, GATT was eager to form new bodies called International Trade Organization (ITO), World Bank and International Monetary Fund (IMF) for the purpose of immediate tariff reduction (Das, 1998). On January 1995, successor of GATT, World Trade Organization was established for the purpose of promoting free flow of trade in manufactured commodities as well as in service, agricultural and capital sectors to reduce subsidies…

biggest cause for worry is that leaving the European Union means that all of the UK will no longer have access to the EU single market. Leaving the single market means that free trade, as it was in the past, is highly unlikely. Thus opening the door to tariffs, different business practices, immigration challenges, and much more. This will prove to be a complex undertaking with countless demands to address. Currently, Brexit negotiations between the EU and the UK are still underway. These…