sumthingreal
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nice allnighter. IM IN BOYS
Bump lolHmmm many ways to answer this I'm guessing? The strengthening of protectionist policies, such as the increase in general tariff levels, may see a rise in the international competitiveness of firms in the very short term as they are able to compete to a larger extent with imported foods. As such, this may increase employment levels as the demand for labour increases. This will see the average level of income in the nation consequently decrease, assuming ceteris paribus, and as such decrease inequality in the short term. However, it also evident that protection levels increase inequality. The EU spent 33% (155 billion euros) of its income in 2011 on the common agricultural policy. This largely restricted devolving nations from trading with many European nations. Developing nations rely on agricultural production for income and as such the large protection on agricultural exports has seen inequality increase in some nations, making the strengthening of protectionist policies ineffective as a soloution to global inequality.
Someone mark it please
- excessive international borrowing from australia due to a low level of national savings, this results in high servicing costCauses and effect of CAD?
I believe CAD is caused by a worsening in a countries TOT=terms of trade which is exports/imports.Causes and effect of CAD?
Thank you- excessive international borrowing from australia due to a low level of national savings, this results in high servicing cost
- infrastructure bottleneck: australia has one of the worse ports in the world, this means we are unable to export to our full potential, limiting the BOGS hence rising the CAD
- narrow export base - australia exports low valued added products (minerals which are heavy and are quite cheap) and import high value added products (eg. iphones light but expensive) this results in our BOGS being very low
no worries, so how does protection affect individuals, firms and the government?Thank you
well you can talk about both bilateral and multilateral trade agreements.If we get a question on trade agreements how many do we talk about?
Thank you!I believe CAD is caused by a worsening in a countries TOT=terms of trade which is exports/imports.
The effect of CAD will increasing a countries foreign debt hence making it more volatile to shocks. But thats my opinion.
Would you just talk about food can't it be anything?Hmmm many ways to answer this I'm guessing? The strengthening of protectionist policies, such as the increase in general tariff levels, may see a rise in the international competitiveness of firms in the very short term as they are able to compete to a larger extent with imported foods. As such, this may increase employment levels as the demand for labour increases. This will see the average level of income in the nation consequently decrease, assuming ceteris paribus, and as such decrease inequality in the short term. However, it also evident that protection levels increase inequality. The EU spent 33% (155 billion euros) of its income in 2011 on the common agricultural policy. This largely restricted devolving nations from trading with many European nations. Developing nations rely on agricultural production for income and as such the large protection on agricultural exports has seen inequality increase in some nations, making the strengthening of protectionist policies ineffective as a soloution to global inequality.
Someone mark it please
for 2013 it's 0.303 i believeAnyone have gini for Australia?
Gonski is funded to promote education which could be used to overcome structural unemployment. Whilst NDFS is used to reduce the income inequality in my opinion.what are the GONSKI, NDIS mainly used to fund for, like is it mainly overcoming inequality...
Thanks againGonski is funded to promote education which could be used to overcome structural unemployment. Whilst NDFS is used to reduce the income inequality in my opinion.
Well first if there is an increase in protection a consumer may have to barely the cost not receiving high quality products this is mainly due to the low levels of competition due to protection.no worries, so how does protection affect individuals, firms and the government?
well it is a report which is used to promote education levels which could lead to decreasing the level of structural unemployment. Cause im sure gonski isn't used to counteract income inequality.I thought gonski was just a report?
Looool that was meant to be imported goods. Autocorrect haha. I'm in my iPadWould you just talk about food can't it be anything?