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Contents contributed and discussions participated by Katie Miyoshi

Katie Miyoshi

Switzerland : Mexico takes Chinese textile subsidy issue to WTO - Textile News Switzerland - 0 views

  • Mexico
  • has filed a complaint with the World Trade Organization (WTO) over the subsidies provided by China to its textiles and garment sector, according to a statement released by the WTO.
  • exemption in income tax, value-added taxes and municipal taxes,
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  • Under a series of trade agreements between Mexico and China, all tariffs on Chinese products, including textiles, were gradually reduced to zero by December 2011.
  • unfair advantage and seriously hurt Mexican textile and garment industry.
Katie Miyoshi

Taiwan Inflation Rises More Than Expected - 0 views

  • bad weather pushed up prices of fruits and vegetable
  • increased to 3.42 percent in August from 2.46 percent in July. Economists had forecast the rate to rise to 2.6 percent.
  • jump in prices of vegetables, affected by typhoon Saola and Libra, the statistical office said.
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  • prices of vegetables and fruits increased 57.93 percent and 20.14 percent respectively.
  • Prices of egg, dairy products and fish and shellfish also moved up during the month.
  • wholesale price index fell 0.94 percent on an annual basis mainly due to decline in costs of basic metal and chemical materials
Katie Miyoshi

allAfrica.com: Zambia: Govt Unveils Maize Floor Price - 5 views

    • Katie Miyoshi
       
      A minimum price has been set for maize at 1,300,000 Zambia kwacha ($244.40 US dollars) for 1,000 kg.  A micro: minimum diagram can be made.
    • Katie Miyoshi
       
      Maize is a good, which has many complimentary goods, because it is a staple food in many recipes.  This can be shown in a cross price elasticity diagram.
    • Katie Miyoshi
       
      There is high demand for maize, so this good is inelastic and therefore it is smart to place a floor price on this good, since price will increase with little change to the demand.
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    • Katie Miyoshi
       
      By setting a price floor, maize prices will increase so that the good is more valued and this will lead to less wasting and more available supply in the long-run.
    • Katie Miyoshi
       
      Government is investing in infrastructure to reduce the maize thefts and this is an example of supply-side policy.  A diagram can be made here.
    • Katie Miyoshi
       
      Perhaps, increasing the maize prices will make up for the loss in revenue from the stolen maize.
    • Katie Miyoshi
       
      This is my ECON IA for MICRO
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