Tariff

addressed the issue of unfair advantage by (a) passing Bill C-58. Advertising expenses of Canadian firms would not qualify for tax deductions unless those firms had advertised in Canadian-owned and Canadian-based publications (p. 185). (b) passing Customs Tariff Code 9958. This was a law passed against "split-run" magazines. To make a Canadian edition of a magazine, US publishers would often remove the American advertisements and put Canadian advertising in their place. Thus, it was basically…

The 1920s, or more commonly known as the roaring twenties was an American age of dramatic cultural and political change. Many musical and cultural innovations changed many aspects of The American lifestyle along with political and social contributions. Many overwhelming invention and contributions to American lifestyle arose during the roaring twenties, but some would actually lead America into something far worse. Due to various social, economical, and political events, America would be plunged…

James Buchanan was one of the many Presidents to implement tariffs on goods that were imported. Temperance- (as in the temperance movement) The Temperance Movement was a social movement against the use of most alcoholic beverages. In the 19th century, there was a temperance on drinking alcohol during the Revolutionary…

Federalist No. 32 Should the union control the states in terms of finance, the states’ needs, the peoples’ good senses, and the states’ fearful desire to maintain control would keep this power from becoming interrupted. However, should this not occur and should the states remain in full power of their own economics, they would have power beyond what they laid out in their constitution. Usually for a government to be created, each part of it must submit and lose their power. In the case of this…

Historically, international trade attracted taxes, tariffs and government regulations in order to encourage entrepreneurs to concentrate their businesses within the country. However, during the recent centuries the fees have been lifted to form what is known as free trade. It is still controversial as some people prefer the move while others oppose it. Below are the pros and cons of free trade: Pros. - Lower prices due to the fact that the tariffs have been…

It raised import duties to protect American manufactures from foreign competitors. The 40 percent tariffs only worked out to tax 2.4 percent of citizens. American businesses were no longer investing in Europe and the tariff hasn’t made a huge problem in the United States but was a big threat to Europe. It also resulted in a general globe trade war and a rapid decline in international trade. He had given loans…

“Make America Great Again” is the slogan Donald Trump carried across the United States, winning the Electoral College and bringing forth a new presidency surrounded by doubts of uncertainty. With uncertainty greater post-election, it is up to the government and the Fed to ensure the economy remains stable and people’s confidence in the dollar strengthens. President-elect Trump has proposed an expansionary fiscal policy where he aims to increase government spending on infrastructure and the…

The Great Depression left many people without economic labor. It had occurred when the stock market had crashed which left investors and employees in panic mode. The overall causes of this downturn was because of overproduction, uneven distribution of income, consumer debt, and stock market frenzy. Franklin Roosevelt was president at the time of the depression. He had circled many ideas including his impactful New Deal. When the stock market had crashed and Roosevelt became president he had…

mid-1970’s, Chile trade policies turned around. Under the leadership of Finance Ministres Jorge Cauas and Sergio De Castro the government opened up foreign investment and eliminated protectionist trade barriers and adopted the uniform tariff policy; by 1979 Chile’s tariff was down to 10%. This forced Chilean businesses to compete with imports from other countries. In the 1990’s, Chile began signing Free Trade Agreements (FTA) with Canada, Mexico, and Central America. They also signed…

To add, The Birr (Ethiopia’s currency), is unreliable in banks and can cause delays while trying to exchange in business transactions and because of Ethiopia’s absence in the World Trade Organization (WTO), there is no way to regulate the coin, the value, and its exchanging mechanisms. In 2012, the US FDI in Ethiopian stock was $11M, and this reflected a 22.2% increase from 2011. Despite these promising figures, there are some investment barriers listed by the United States Trade…