Governmental Effects On Trade Policies - 1450 Words

As a business owner the responsibilities are enormous and there is a ton of planning. Having a business I will be taking into consideration an extreme chance of globalization and trade in context. Now there will be tariffs, business and government now getting involved in my company one way or another. All of this brings to thought why the United States saves part of the economic policies and procedures. In this assignment I will be talking about the governmental effects on trade policies and how they are used in different businesses. Also included will be how doing business in other countries might influence company owners. Does NAFTA have any effect on automobile industries and the trade agreement? Some educational information I found was that the US is 238 years old and in the past 193 or so years the United States has had a foreign trade and global economic policy in place. Several things have been altered over and over again since the original policy had been written. The US focu sed more on how the government and businesses could improve on the domestic economy no matter what was happening in other countries. The Great Depression and World War II along with the country’s population wanted to create less trade obstacles and manage the world’s financial structure. Free trade in the US has shown that it is progressing in the monetary welfare and creating diplomatic interactions between other states. So, now that free trade has resulted in global trade there isShow MoreRelatedThe Political Economy Of Globalization1699 Words   |  7 PagesStiglitz and Layna Mosley both discuss globalization in detail and both have similar views regarding globalization. In the chapter â€Å"The Political Economy of Globalization† Layna Mosley asks the question whether globalizations effect on government policy making has adverse effects on the state of the global economy or if governments retain autonomy in regards to policymaking despite globalization. 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The principle relied heavily on changes in trade networks, governmental alliances, religion and the continuity of warfare and social hierarchies. Trade networks are crucial to any economic scenario. They allow for the free flow of goods and services to be carried out over wide expanses of land and both within and throughout cultures. Examples of this are mostRead MoreNhs : National Health Services903 Words   |  4 PagesThe organization or any business entity has its positive or negative effect on its stakeholders and vice versa. Shareholders, investors, managers, Board of directors, business/company owners, Government, Local authorities, trade unions, pressure groups, Suppliers, employees, customers and the local community are the examples of stakeholders. These Stakeholders have a direct or indirect influence on organizational strategies, policies, decisions, operations and their outcomes. The impact and the extent