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Home/ IB Econ 12 (1)/ Contents contributed and discussions participated by hosung suh

Contents contributed and discussions participated by hosung suh

hosung suh

PressTV - EU protectionism causes huge losses in Argentine agricultural - 0 views

    • hosung suh
       
      the article talks about EU starting to apply sanctions on Argentine biodisel imports because producers are suspicious of dumpling-selling below the actual cost. This will affect the tariff is to increase by 24.6% on the next purchases which will hit hard on the agricultural industry. in addition, WTO expects that this negative impact on argentinian agriculture industry will affect also european consumers who will face higher fuel prices. This article is arguing against free trade because it is causing both argentina and europe to lose money due to dumping selling, which will negatively impact both markets. This will affect negatively consumers and producers who will face higher costs but benefit the government due to higher income of tax money.
  • dumping-selling
  • tariff
  • ...2 more annotations...
  • QUOTE
  • World Trade Organization
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    Using the Google News search tool please find an article that relates to one or more of the above concepts that you have just listed. Make sure that you tag it "Trade" on Diigo and share to the class. In the description box please do the following: 1) Briefly summarize the article (3-4 sentences) 2) Is your article arguing for or against free trade? Explain 3) Explain how different stakeholders might be affected (foreign/domestic producers, consumers, gov't)
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    Using the Google News search tool please find an article that relates to one or more of the above concepts that you have just listed. Make sure that you tag it "Trade" on Diigo and share to the class. In the description box please do the following: 1) Briefly summarize the article (3-4 sentences) 2) Is your article arguing for or against free trade? Explain 3) Explain how different stakeholders might be affected (foreign/domestic producers, consumers, gov't)
hosung suh

BBC News - Venezuela's government seizes electronic goods shops - 0 views

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    my ia
hosung suh

Poverty Rate Is Up in New York City, and Income Gap Is Wide, Census Data Show - NYTimes... - 0 views

    • hosung suh
       
      1) Distinguish whether or not the article is talking about absolute or relative poverty. 2) According to the article what are some possible causes of poverty. 3) According to the article what seem to be some of the consequences of poverty.
    • hosung suh
       
      the article talks about relative poverty because we are talking about a respectable country with a top-tier GDP per capita city in the world.  the poverty rate rose to 21.2 percent in 2012 from 20.9 percent from the year before. the new york city created more jobs available for those who are struggling for new jobs. the consequences of the poverty rate is going to drag the economy down and it is a serious threat to the viability of the city of New York.
hosung suh

Inflation slows to 1.1 per cent in August, Statistics Canada says | CTV News - 0 views

    • hosung suh
       
      canada's annual inflation rate slowed to 1.1 percent in august. rent price went up 1.7 over one year, natural gas gained 9.5 %. Food price went up 1 %. the living standards went up, therefore living costs increased parallelly.
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    The article mainly focuses on the canadian economy affected by inflation. Canada's annual inflation rate slowed to 1.1 percent in august. rent price went up 1.7 over one year, natural gas gained 9.5 %. Food price went up 1 %. the living standards went up, therefore living costs increased parallelly.
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