Imagine that the trade war between the US and China escalates, and spreads to other nations, including Australia. Discuss the potential costs and benefits for the Australian economy (200 word limit).
There will be more of costs than benefits that the Australian economy would have to face as a result of trade war between US and China.
If the United States, regardless of opposition, adopts any new tariff measures, China will be forced to roll out necessary retaliatory measures.
The tensions between the world's two largest economies will hit Australian exporters and consumers, with fears a trade-induced economic shock would crimp global demand, hitting farmers, miners and manufacturing suppliers.
Two of Australia's largest exports - the resources and education sectors - are particularly exposed, with a falling Chinese currency weakening its buying power, discouraging Chinese parents from sending their children to Australian universities, and a slowing economy reducing demand for iron ore and coal. Its impacts would last almost a decade, with an estimated loss of national income of nearly half-a trillion dollars over 10 years.
Job losses in Australia would also be significant under such a scenario, falling almost 60,000, and pushing real wages down by about $16 per week for the average worker.
ustralia needs to be quite cautious about the escalation in trade tensions. Significant tensions around global trade policy" represented a "material risk" to the global economic outlook in Australia. Australia's top three export markets were on the brink of entering a risky international economic clash.
Australia's economy is at risk of becoming collateral damage in the escalating US-China trade war.
Imagine that the trade war between the US and China escalates, and spreads to other nations, including Australia. Discuss the potential costs and benefits for the Australian economy (200 word limit).
trade war between China and US and its positive and negative effects on other countries. (2000-2500 words) introduction, main idea, analysis and conclusion. thanks
Briefly explain the potential benefits of using monetary policy rather than fiscal policy to stabilise the economy (200 word limit).
Chapter overview 1. Reasons for international trade Resources reasons Economic reasons Other reasons 2. Difference between international trade and domestic trade More complex context More difficult and risky Higher management skills required 3. Basic concept s relating to international trade Visible trade & invisible trade Favorable trade & unfavorable trade General trade system & special trade system Volume of international trade & quantum of international trade Commodity composition of international trade Geographical composition of international trade Degree / ratio of...
What are the differences between Apple production in the US and China? What would make production more feasible in the United States? Should Apple or other companies move more production to the US? A Tiny Screw Shows Why iPhones Won't Be 'Assembled in U.S.A.' A screw from the late 2013 model of the Mac Pro.CreditJames Nieves/The New York Times A screw from the late 2013 model of the Mac Pro.CreditCreditJames Nieves/The New York Times By Jack Nicas • Jan. 28,...
can someone please help me with an introduction
paragraph and a summary of the whole article.
us. Trump Didn't Kill the Global Trade System. He Split It in Two. Allies find relations modestly tweaked despite the president's rhetoric, while relations with China are entering a deep freeze By Greg Ip Dec. 26, 2018 1136 am. ET When Donald Trump entered the White House on a platform of defiant nationalism nearly two years ago, many feared he would dismantle the global...
TRUE OR FALSE/ MULTIPLE CHOICE and word response
questions.
C. a more permanent government involvement in the banking system, even creating a pational banking system that owns and operates most of the global and regional banks. Deshort-term increases in government spending to stimulate the economy. 20. When describing the state of the U.S. economy, reporters often refer to the nation's GDP, its unemployment rate, and the CPI. Explain what each of these terms means and why each measure is significant....
Read about Cokes strategy in Africa in the article below and discuss the ethics of selling soft drinks to very poor people. Is this an issue that a company like Coke should consider? Africa: Coke's Last Frontier Sales are flat in developed countries. For Coke to keep growing, Africa is it By Duane Stanford Piles of trash are burning outside the Mamakamau Shop in Uthiru, a suburb of Nairobi, Kenya. Sewage trickles by in an open trench. Across the street,...
Read the Article posted below, then answer the following
questions:
Mergers & acquisitions are a major form of
corporate diversification strategy, identify and discuss the top
three reasons why most (50-60%) of acquisitions fail to create
shareholder value.
What are the five major components of “CEMEX
Way” and why has this approach been so successful in
post-acquisition integration?
In your opinion, what can other companies learn from
the “CEMEX Way” as a benchmark for acquisition
management?
Article:
CEMEX: Globalization "The...