PA 315 EXAM 3 Material - PA 315 EXAM 3 Material...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
PA 315 EXAM 3 Material 11/8/16 Globalization: most important driving force; Dominance of neoliberalism philosophy. Greater world awareness: Gaja: environmental protection movement. Neoliberalism: “neoclassical” Adams smith free market economy. Philosophy supporting economy policy Free trade: enable the free market Privatization: delegating public duties to private sectors Fiscal rectitude: Cut government expenditures Competitive exchange rate: let the market decide what the exchange rate Undistorted market prices: Government should not interfere with the market price Limited intervention: government should not intervene in the market Trade Regimes: a system of principles, rules or regulations governing the world trade. FREE TRADE: Pro-Free trade Arguments Eximbank: you can provide loans to corporations that are doing export productions FTZ advantage: don’t have to pay the tariff if your goods are moving inside the FTZ, but if you export goods you have to pay the tariff know: tariff, quota, regulatory barrier, subsidy, and exchange control.
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern