Standard International Trade Classification Name Nr Details Section 6

Standard international trade classification name nr

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Standard International Trade Classification Name Nr Details Section 6 Manufactured goods Division 64 Paper, paperboard and articles of paper pulp, of paper or of paperboard Group 641 Paper and paperboard
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Trade analysis Country Number of products Product concentration (0-1) Diversification (0-1) Trade openness (total trade/GDP) EU 28 Hungary USA Japan China Angola Nigeria Saud Arabia Brazil Mexico
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Trade analysis, 2016 Country Number of products (export) Product concentration Export, (0-1) Diversification Export, (0-1) Trade openness (total trade/GDP) EU 28 260 0.067 0.205 85.16 Hungary 245 0.123 0.398 175.23 USA 259 0.100 0.244 26.39 Japan 242 0.141 0.400 32.05 China 256 0.105 0.410 36.43 Angola 7 0.934 0.479 54.46 Nigeria 225 0.734 0.844 20.07 Saud Arabia 252 0.593 0.780 57.15 Brazil 251 0.126 0.558 23.76 Mexico 251 0.123 0.413 80.49
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Influence through trade policy Laws related to the exchange of goods or services involved in international trade including taxes, subsidies, and import/export regulations. (businessdictionary.com) Trade policy defines standards, goals, rules and regulations that pertain to trade relations between countries. These policies are specific to each country and are formulated by its public officials . Their aim is to boost the nation’s international trade . A country’s trade policy includes taxes imposed on import and export, inspection regulations, and tariffs and quotas. ()
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Trade policies can be: Liberal Low level of tariffs More competition Wider range of products, cheaper, economies of scale Protectionist Tariffs and non-tariff barierrs Smaller competition New-born industries, infant industries, pollution, sanitary issues, safety
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Tools of trade policy Tariffs Non-tariff barriers
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