Category: Economics

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Essay: The effects of terrorism

 The effect of terrorism on tourism and the economy The world is becoming full of dangers and harmful acts done by people to destroy each and other. Some of these acts are done in the name of religion; others are done in the name of humanity. While any kind of violent activity cannot be justified,…
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Tax Exempt Household Items

The reason that taxes for uncooked foods are exempt from sales tax is so that lower income people are not burdened by the sales tax for their necessities. The major concept in this form of taxes is that people who earn more pay taxes in proportion to their incomes and those in the lower income…
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Tax Havens

A tax haven is a state, country or territory where certain taxes are levied at a low rate or not at all, which is used by businesses for tax avoidance and tax evasion Individuals and/or corporate entities can find it attractive to move themselves to areas with reduced taxation. This creates a situation of tax…
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Tariff Classification for Like Products

A uniform tariff classification of products can be relevant in determining what are “like product” if sufficient detail, tariff classification can be a helpful sign of product similarity. However, there is a major difference between tariff classification nomenclature and tariff bindings or concessions made by members of the WTO under Article II of the GATT.…
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Custom Paper: Socio Economic Crisis in America

Socio-Economic Crisis in America Illiteracy statistics in America are alarming and represent not only a socio-educational crisis but also a socio-economic crisis. In a survey conducted by Trivani Word Press in 2008, America was ranked 12th among 20 higher income countries. On the domestic front, statistics further reveal that 7 million adult Americans are illiterate…
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The Economic Impact of Illiteracy is Profound in America

The Economic Impact of Illiteracy is Profound in America Children of adults who may not acquire a decent job in their lifetime due to illiteracy are supported by the taxpayer’s money. Illiteracy in families undergoes inter-generational cycle; the likelihood of illiteracy in children born in families where parents are illiterate is high due to lack…
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Custom Paper: Gradual Evolution of Brazil US Trade Ties

Gradual Evolution of Brazil US Trade Ties Schott (2003) explores the gradual evolution of Brazil-U.S. trade and business ties. He’s primary focus is how the two nations can work together to improve bilateral involvement in trade, business and investment. From his paper, it is appropriate to conclude that, for a bilateral relationship to be made…
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Term Paper: Economic policies of Britain

Economic policies of Britain The ageing population of the British economy has been a key driver of their economic change. The government has been keen to note some of the economic challenges and opportunities that have been brought along by the ageing British community. Despite the challenges that are presented by this ageing population, there…
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Dissertation: Economic Growth cannot Reduce Poverty

Economic Growth cannot Reduce Poverty Economists believe that economic growth cannot reduce poverty, improve equality and produce jobs unless it is inclusive. Inclusive growth is essential for the achievement of the Millennium Development Goals (MDGs) over above other merited advantages. Indeed, political analysts and theorists concur that if the process globalization is successful – it…
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Custom Paper: Marxist Theory of Poverty and Inequality

Marxist Theory of Poverty and Inequality Lastly, the Marxist theory of poverty and inequality is a radical departure from the individualistic and the cultural theories. Marxists do not blame the poor for their poverty (individualistic approach) nor do they blame their culture (cultural approach) (Jordan 1996).