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Home/ Economics HL - Jacob Solomon's group - Year 1/ Group items tagged Export

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Katie Edwards

LE1.5 bn earmarked for export promotion in 1st half of FY 2012/13 - Economy - Business ... - 0 views

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    This article provides evidence and data of Egypt's Export DEvelopment Fund and the promoting of exports in the first half of the fiscal year. Revenue from exports positively impacted the economy, and the EDF seeks to continue to improve the export benefits entering the nation.
Monique T

The danger of too much export promotion | St Louis Post-Dispatch - 0 views

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    This article suggests that export promotion might not always be beneficial for manufacturers that export their goods, even though this is often why it is implemented.
Lola Z

Balance of payments deficit skyrockets | Business - 0 views

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    This article tells the balance of payments of Ghana skyrockets comparing to the same period in 2011. The main reason is the falling price of cocoa beans, which is a main export of Ghana, and the falling export volumes. With the export going down and imports of oil, and other non-oil imports skyrocket, the balance of payment become negative value.
Lucas G

German Factory Orders Unexpectedly Decline on Exports: Economy - 0 views

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    This article concerns the fact that German exports have fallen since December. This reflects what was learned on the "determinants" of exports; national income in foreign nations, exchange rates, relative inflation rates, etc. Considering the recent economic turmoil in Europe, one can assume that the economic situation of foreign countries has affected the level of Germany's exportation.
Mirren M

China to end export tariff, quotas on coke exports before WTO deadline: official - 1 views

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    China's 40% tax imposed since 2008 is a violation of WTO regulations. As such, they have to renew their policy. However, this would raise their exports competitions decreasing FOB price.
Monique T

Canada, Japan agree to enter negotiations for free-trade deal | The Toronto Star - 3 views

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    When countries form a free-trade deal, it allows the imports and exports between the countries to grow, because there are less trade restrictions such as tariffs. This means that, with import prices decreasing, aggregate supply in Canada will increase.
Katie Edwards

RBA forex holdings grow to help force down value of strong Aussie | The Australian - 1 views

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    The Aussie dollar is very strong, so the Reserve Bank of Australia is trying to gather foreign currency to increase supply, causing the value and demand for Aussie dollar to fall a bit. The RBA doesn't intervene often, but it's necessary now to bring down the strength of the Aussie dollar so that it doesn't continue to lessen the value of exports.
Lola Z

Australia's Current-Account Deficit Widened Last Quarter - Bloomberg - 0 views

  • by 1.5 percentage points since November last year to stimulate industries outside of resources as commodity prices ease. A high currency has hurt earnings for manufacturers and retailers, helping create what the RBA has referred to as a multispeed economy with those industries lagging behind mining companies.
    • Lola Z
       
      Lowering the interest rates means less foreign investment because of the low interest, and hence, the demand for the currency will be lowered as well. The currency value may decrease as a result, and making exports cheaper, reducing the trade deficit.
  • weaker prices for iron ore and coal, the nation’s two biggest commodity exports.
Katie Edwards

Current account deficit widens - 0 views

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    This article explores the causes and outcomes of a rising current account deficit in Australia. The central bank is evaluating different options to try and balance the current account deficit by manipulating imports and exports, as well as adjusting the value of currency.
Sebastian van Winkel

For the first time since 1998 more money leaves China than enters it - 0 views

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    The balance of payments records two different kinds of transactions: cross-border payments for goods and services (ie, exports and imports), which are recorded in the "current account", and cross-border payments for assets. China's current account is still in surplus, largely because its exports exceed its imports. China is also attracting plenty of direct investment from foreigners eager to buy or build companies on the mainland. But both these inflows of foreign exchange were outdone by a record outflow of other kinds of capital, amounting to a net $110 billion. This left China's overall balance of payments in deficit, diminishing China's international reserves by $11.8 billion (or just under 0.4%).
Amy X

US Exports In 2012 Likely To Increase, Italy Unveils €30 Billion Austerity Pa... - 0 views

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    because of the the high debts of europe, US export will mostly rise in 2012. In addition to this, the declining dollar index and rising wages of emerging economies has made U.S. goods cheaper abroad.
Tim O

South Sudan to suspend oil output - 0 views

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    Hello, In this article it talks about how South Sudan has suspended its oil production due to a disagreement with the Republic of the Sudan. South Sudan says it will stop its oil production because it does not want to share its revenue with Sudan. Sudan has accused the south for not paying transport fees, because the south has all the oil fields however, it relays on the north because south Sudan does not have a port and uses Sudan's port to export their oil. South Sudan claims that Sudan has stolen $350,000,000 worth of crude oil as an exchange of their transport fees. The two countries are know in Ethiopia trying to settle an agreement in which the south can use the north in order to export their oil.
Sebastian van Winkel

Government to speed up sale of stakes in state firms: Manmohan Singh - 0 views

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    Slowing exports and foreign investment have widened the current account deficit. Global ratings agencies have repeatedly warned India that it faces a credit downgrade if it does not tackle a high debt burden and the fiscal deficit, which is the largest among major emerging economies.
Hannah S

The plan worked - 1 views

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    IT'S election season in America, which means that China is in the rhetorical crosshairs. Both President Obama and Mitt Romney have been complaining about Chinese economic misbehaviour, but Mr Romney has attacked Mr Obama especially viciously on the subject of currency manipulation and the administration's failure to label China a manipulator and slap it with tariffs. The article is tring to decide whether China should have a number of tariffs put on it to try to stop the number of exports or whether it is to late for this action.
Dan Call

The great iPhone trade-off - 0 views

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    This article is about the trade off and trade defiecits between America and China during iPhone production and exportation. It discusses the idea in terms of America and China, but also uses an example involving fictional places to give a clearer picture and explanation of the idea.
Sebastian van Winkel

Higher Production Costs Shift Chinese Manufacturing - 2 views

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    This articles start out by talking about how Chinese support the world with cheap goods. However, prices are expected to go up as Chinese manufacturers run down with higher wages, more expensive raw materials and an growing currency. This article shows the increase of production cost and the effects it will cause, such as: having companies to opt out, or relocating their companies to other countries.
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    For decades, China's factories have supplied the world with cheap goods - from denim jeans to desktop computers. But export prices are expected to go up as Chinese manufacturers are battered by higher wages, more expensive raw materials and an appreciating currency.
Lola Z

Emerging markets: One more such victory | The Economist - 0 views

  • grab a bit of extra demand for themselves by weakening their currencies.
    • Lola Z
       
      When the demand for currencies increases, there would be more spending.
    • Lola Z
       
      When the price drops, there will be more demand for the currencies.
    • Lola Z
       
      Imposing taxes and other restrictions on foreign purchases helps to increase the prices of imported goods, so as to decrease the level of demand for the foreign currencies.
  • ...3 more annotations...
  • it fought back by imposing taxes and other restrictions on foreign purchases of local securities.
    • Lola Z
       
      When the currency of one country is weakened, the prices of imported goods and services will rise. The demand for imported good(in this case, from China) is decreased. The Chinese manufacturers might want to decrease the amount of production.
  • Falling export orders was one of the complaints voiced by Chinese manufacturers in a preliminary survey of purchasing managers published by HSBC last week.
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    This article states the relationship between currencies, which links to prices, and the demand for goods and services. While the currencies are weakened worldwide, the manufacturing industries are highly impacted. Therefore, the supply is lowered.
Amy X

China to create jobs to counter economic slowdown - The Economic Times - 0 views

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    China will make job creation a more urgent priority in the face of slowed economic growth and weakened exports. Equilibrium is connected to this article because of the balance needed to keep the economic growth in china. The growth of China may be going too fast and it is needed to slow down and in order to keep the Economics i china, China had create jobs to counter the economics slowdown.
Tim O

Japan 'ready' to act on yen - 0 views

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    This articles talks about how the export growth of 2.4 percent in September has created growth in overseas shipments because as the yen is getting stronger Japanese products are getting more expensive in overseas markets compared to Asian rivals such as China and South Korea. Due to the fact that the products has increased in price the demand for them has risen because people think that they are worth more, however the supply has decreased due to the increase in demand.
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