Posts Tagged ‘tariff on imported cars’

Impact of Globalization on International Trade

February 1st, 2012

Definition of International Trade
International trade is a trade carried on by a resident of a country with a population of other countries on the basis of mutual agreement. Occupation in question can be either inter-individual (individual to individual), among individuals with the government of a country or a government with other governments.
According to economists, when compared with the implementation of international trade is very complicated and complex. The complexity is partly due to the existence of political boundaries and the state that can hamper international trade, for example by differences in culture, language, currency, estimates and scales, and trade law.

International Trade Policies
These actions include:

1. Fare
Rates were similar taxes imposed on imported goods. Specific rates (Specific Tariffs) imposed as a fixed load of goods imported units. Eg $ 6 for every barrel of oil). Tarifold valorem (od valorem Tariffs) is a tax imposed by a certain percentage of the value of imported goods (for example, 25 percent tariff on imported cars). In both cases the impact of tariffs will increase the cost of shipping goods to a country. » Read more: Impact of Globalization on International Trade