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Trade with another Country

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The company you work for is expanding its business and would like to begin to trade with another country.

Original only please with about 800-950 words.

Go to "2012 National Trade Estimate Report on Foreign Trade Barriers" for specific country information. The URL for this link is: http://www.ustr.gov/about-us/press-office/reports-and-publications/2012-1

Choose one country for analysis and respond to the following questions:

1. What type of trade restrictions does this country use?
2. Who will benefit from these restrictions?
3. Who might benefit and who might lose?
4. What is the amount and significance of the benefit or loss?

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Solution Summary

The response addresses the queries posted in 947 words with references.

Solution Preview

The response addresses the queries posted in 947 words with references.

// Every country encourages import and export with other countries. The country also faces some issues and applies some rules and laws on the restriction and prohibition of the undesired trading. Here, we will try to make an understanding with various trade restrictions applied by European Union.//

Every country uses certain trade restrictions. European Union also applies some trade restrictions while trading with other countries. The trade policy applied by European Union states that all trade measures and trade related issues are covered in the policy of European Union's Common Commercial Policy. The policy is related to company law, indirect taxation, standards and technical regulations and intellectual property rights (Hanson, 2010). The EU trade policy eliminates trade restrictions and customs barriers and encourages trade liberalization worldwide. The EU encourages easy flow of goods and services by applying liberal trade policies and creating no discrimination among its trading countries.

For communication barriers, the 'Common Regulatory Framework for Electronic Communications Networks and Services' has been framed to encourage liberalization and for healthy competition in the telecommunication sector in European Union (Hanson, 2010). Proposals are made by EU to minimize roaming charges. With the aim of improving radio spectrum management in EU, the country is planning to launch a new European Radio Spectrum Policy Program. For television broadcasting and audiovisual services, Audiovisual Media Services (AVMS) has been implemented, and it also includes the audiovisual media services via Internet (Kahnamoui, 2007).

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  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
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