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Home/ IB Econ 12 (1)/ Contents contributed and discussions participated by Amalie Gustafsson

Contents contributed and discussions participated by Amalie Gustafsson

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U.S. Department of Commerce Issues Final Antidumping Tariffs on Activated Carbon Import... - 0 views

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    1) Briefly summarize the article (3-4 sentences) Calgon Carbon Corporation announced that the Department of Commerce (DOC) has determined the amount of antidumping tariffs to be assessed on imports of steam activated carbon from China that entered the United States between April 2, 2011 to March 31, 2012. 2) Is your article arguing for or against free trade? Explain My article is arguing for free trade, as it is discussing the revision on anti-dumping tariffs in order to complete a more free trade between China and the United States. 3) Explain how different stakeholders might be affected (foreign/domestic producers, consumers, gov't) Foreign and domestic producers will have increased competition as the prices of steam activated carbon now will be decreasing. This will have a postive effect on consumers, since they now can buy the carbon at a cheaper price. The government will be generating less revenue, as the tariffs are now 0.40 usd per lb less than the initial tariff imposed.
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Lack of decent jobs behind Asia's poverty - 0 views

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    1) Distinguish whether or not the article is talking about absolute or relative poverty. This article addresses absolute poverty. 2) According to the article what are some possible causes of poverty. According to the article the cause of poverty seems to be rising inequality, indicating that the benefits of recent economic gains were not distributed evenly. Additionally lack of decent and productive jobs kept most people in the region poor. Also economic growth is not generating sufficient, decent and productive employment. This is due to the nature of growth and the pattern of structural change in many countries in which workers move from agriculture into low-productivity services. 2) According to the article what are some possible causes of poverty. The major consequence or reality is that 1..64 billion people still live on less than two dollars a day. Apart from a huge part of the population starving everyday there are also problems concerning health and sanitary issues.
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Bank of Japan says on track to defeat deflation - Sep. 5, 2013 - 0 views

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    This article is concerned about how Japan had been mired in a malaise brought on by falling prices and a strong yen for years, resulting in deflation in the economy. The economy's prospects have brightened significantly since Prime Minister Shinzo Abe announced fresh spending by the government and encouraged the central bank to unleash a tidal wave of asset purchases, an approach to decrease deflation. In order to defeat deflation, Japan has submerged into increasing the country's tax consumption and are contemplating whether or not to increase the tax consumption to 10% by 2015.
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