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With Canada creating free trade policies with many countries in Europe and also South Korea. They left out a hole on trade policy with China. This is what they need to now fill. Although China's economy is not booming, they are expected to increase in GDP of 6-7%. This can be benefiting to Canada. Considering the benefits Australia is having, after the relations with China. Australia and Canada have similar government policies.

This article, published on November 30, 2015, describes how the US GDP growth (that is, economic growth) has been slowing in recent months. The article also describes fiscal drags on the economy, interest rates, and investment in US companies.

Raise in market price of soda in Chicago is discussed. Will it result in an increase in revenue and reduction in consumption? The PED suggests so. A similar policy was introduced in Mexico, and the soda there had a PED of 0,6, making it inelastic. Will the same happen in Chicago? Demand, elasticity and the PED are discussed in this article.

How exactly has this affected the elasticity? You should elaborate on price and its relation to demand and the PED. I agree that the raise in price would increase revenue and reduce consumption. However you contradict your previous point by stating that soda will become inelastic. I don't agree with you because soda is not a necessity and it is not healthy so if there is a raise in price and PED which will cause demand to decrease meaning it is elastic.

(India, China and Brazil...) MELBOURNE: Emerging economies like India, China and Brazil are no longer "policy takers" but are significantly influencing the pattern and scope of international trade, according to WTO Director General Pascal Lamy. "These emerging powers -- China, India, Brazil, Mexico, Indonesia, Malaysia, South Africa -- and many others are no longer policy takers.

The political instability in Russia has not affected its bank rates. The Romanian central bank has not changes its main interest rate despite of the resigning of the government. The banks interest rate will stay at 1.75% and many believe that it will be able to survive the political instability in the country. Romania is the EU's second-poorest nation and the political situation could possible affect assets prices and delay making monetary policy in the country. The economy Romanian central bank keeping its intre

Chinese policy makers create barriers during trade and the US retaliates with their own just like how it was emphasized in this week's reading. One of he negatives of protectionism can destroy trading relations because countries might enact their own barriers. This practice is usually looked down upon by the WTO but the US had asked for an exception. Americans say this is because Beijing identifies as a nonmarket economy but in fact just because their policy makers make decisions based on production and consumer demand doesn't necessarily mean they are nonmarket. China being influenced by the WTO gives them an unfair advantage and can have a negative impact on US trade and investment in China.

Sri Lanka's export economy suffers in Europe, so economists look for opportunities elsewhere. The largest economy near Sri Lanka is India, but trade with India has been traditionally blocked by protectionist policies. This article discusses the potential gains for Sri Lanka should it choose to do away with protectionist policies.

This article describes how the events in Paris affected the economic growth. This illustrates how more factors than taxes and employment can make a difference in level of economic activity. A decrease economic activity might cause the government to intervene by reducing the interest rate, creating incentives to increase consumption. A demand-side policy like this could help the economy get back on its course.

The return of the haze to Singapore has brought the predictable round of complaints, analysis, hand-wringing, and soul-searching, but the problem never seems to improve. To establish a basis for actionable intervention, it is critical to link policy solutions with evidence about the health impacts of the haze-on residents of Indonesia.

The economy has been improving since it's last recession from 2007-9, but believes that the next recession is soon to come. Still no completely recovered they're afraid of the next recession, so in order to prepare/recover faster they believe that interest rates must stay low and that fiscal policy has to do more of the work for economic stability.

This article, published by the Wall Street Journal on October 28, 2015, describes cash injections into the economy by the government sector. The article explores what U.S. economic growth could have been like if the U.S. government hadn't cut spending in the economy. The author wagers that if spending had continued, the U.S. economy could have grown more significantly than it has.

Foreign unemployment fall cuts jobless rate Published on: 10 Apr 2015 09:23 CET Facebook Twitter Google+ reddit Switzerland's official jobless rate fell in March to 3.4 percent from 3.5 percent in the previous month, driven by a drop in foreign unemployment, according to government figures released on Friday. The decline marks the first time since June 2014 that the rate has fallen in a further indication that the Swiss economy is so far weathering the rise in the value of the franc, which forecasters have said will cut growth this year. The percentage of foreigners registered as out of work tumbled to 6.7 percent from seven percent, while the rate for Swiss citizens remained unchanged at 2.3 percent, the State Secretariat for Economic Affairs (Seco) said in its monthly report. The number of unemployed registered in regional job placement offices in March dipped by 4,813 from the previous month to 145,108, Seco said. But the jobless rate last month remained above the 3.3 percent level in March 2014. The rate declined or remained the same in all 26 cantons with the canton of Valais recording the biggest fall, from to 4.6 percent from 5.4 percent. Neuchâtel registered the highest rate (5.7 percent, down from 5.8 percent), just ahead of Geneva (5.6 percent, unchanged). Obwalden had the lowest rate at one percent, down from 1.1 percent. Unemployment in Zurich, Switzerland's largest job market, remained unchanged at 3.6 percent. The impact of the strong franc may not have yet affected the Swiss job market but observers believe that unless the currency weakens, jobs cuts can be expected. In January, the Swiss National Bank abandoned a policy of maintaining a euro floor of 1.20 francs and foreign exchange traders immediately bid up the value of the franc. On Friday, with uncertainty about Greece's finances lingering, the euro was trading at around 1.04 francs, making life difficult for Swiss exporters selling products into the eurozone, the biggest ma

This article discusses the sugar market in the U.S. On average, U.S. consumers pay twice as much for refined sugar as the rest of the world. This is largely due to sugar policies in the United States. In America, the federal government offers loans to sugar cane and beet processors who are to pay sugar growers a minimum price set by the USDA. The idea is that processors will obtain a market price for their sugar that is sufficient to pay back the loans. However, the loans are "non-recourse," meaning that if the market price of sugar declines, processors can forfeit to the USDA the sugar they put up as collateral. In order to prevent sugar processors from offloading sugar onto the USDA and to protect processors from lower-cost foreign competition, the federal government has imposed a two tier system of tariff rate quotas. It also restricts the total amount of sugar that domestic processors can sell by setting market allotments which are designed to drive up the price by creating artificial scarcity.

This article talks about developing countries which in spite of their often lacking funds on the local levels, have through smart political decisions acquired praiseworthy solutions in terms of urban water management.

- In this article, Nomura has seen an 8% GDP growth for the fiscal year. Chief economist in India states that some factors that caused the growth include "policy efforts from both the RBI and government support the projections for higher growth." Foreign investors continue to rise on the stock market which is evidence of the rise in investors participating in the market.

Economics & Finance - BLOG Another recession is coming in the not-too-distant future. With monetary policy not yet back to normal, governments and central banks should start planning their responses. In most advanced economies business cycles can be characterised by a succession of long expansion phases interrupted by short recessions.

This article discusses the need for the US economy to become more sustainable and the role of the American government in this process. The author argues that the private sector can't make the transition from a waste-based economy to a renewable one by itself. He believes that a public-private partnership is necessary. The article claims that the private sector has a more important role in the transition because it produces the goods and services that are depended on today. However, the government can implement rules to ensure that economic activity does not destroy the plant. The government can fund basic science needed for renewable energy and resource technology and uses taxes, government purchasing power, and other financial tools to steer private capital toward investment in sustainable technologies and businesses. The government can also invest in sustainable infrastructure, regulate land use, work with private or state organizations, measure society's progress toward sustainability, and transfer sustainability technologies to the developing world. It is the belief of the author that sustainability issues cannot be addressed by the private sector/free market alone and require government action. The future of the nation and the plant depends of the government's role in a transition to a renewable resource based economy.

Market failure in the fuel market led to government intervention, in order to decrease the consumption of fossil fuels. The marginal social benefit would hopefully be reached by this, but the government intervention did not go as planned. Supporting certain biofuel producers caused a decrease in production of other biofuels, resulting in little change in the fuel market after all.

Nation INDONESIA is offering another tax break for employers in labor-intensive sectors, aiming to rein in unemployment, in the latest of its series of stimulus measures, the chief economics minister said on Friday. Economic growth this year is set to be Indonesia's slowest in six years, although third-quarter growth showed a slight rebound.

Turkey has received an urban explosion that developed it's nations from a musty barren land to a trans-global hub. The technology has advanced, transportation, the environment is clearer as pollution levels have gone down. This was not something done overnight, Turkey had started implementing policies since the 1980s such as gecekondu. Today cities can produce their own revenues, have elected officials, and make their own deals with foreign nations. Yes, the standard of living and income has increased but there are disadvantages with this in the sense that the roads are congested. Less public transportation use. They have also been privatizing public areas which most citizens disagree was they areas are symbolic.