A good site that visualizes various statistics of countries and compares them.
Paper 2
Monday 21 May 2007 (Afternoon)
China is heavily subsidizing its wind power sector, granting $6.7 million to $22.5 million to individual industries using "made in China" resources rather than imports. The US reports this subsidy as an import substitution subsidy, violating WTO rules. The subsidy has harmed exports from the clean energy sector in the US, and has set a "barrier" between the two nations.
The Philippines is planning to abolish all tariffs on crude oil, refined petroleum products and asphalt entering the nation. They are also planning to reduce tariffs on local needs such as sugar and rice.
I will use a tariff diagram to explain the current impact of the tariff, and its effects without the tariff.
Canada, one of the main exporters of seal products, filed a complaint against EU's seal product ban saying it goes against trading rules. Despite Canada's struggle, the International Fund for Animal Welfare claims that the seal industry does not make enough as much as it costs to save the industry, and that EU's ban is appropriate.
Chinese experts went against a WTO claim of China's trade barriers where the export restraints give chinese producers an unfair advantage of raw materials.
This article is a possibility for my Internal Assessment. The article is about electrical vehicles being introduced as an alternative for taxis, and two prefectures are giving subsidies for the purchase of EVs. I can draw a subsidy diagram showing the increase in quantity of EV taxis along with a decrease in the price. A positive externality diagram can be also drawn showing the positive effects of introducing electric charged eco taxis into the society.
A short concern made by Daniel Hamermesh about the extension of Bush tax cuts. Are the tax cuts that once saved the yacht market saving the current economy or are they unneeded to the rich? The comments give further analysis on the topic.
- ACLU has sued Anchorage for discrimination against same-sex couples, not allowing same-sex couples to recieve the full $150,000 tax exemption for married couples. The article is fairly short and does not explain much about the taxation, but includes several quotes from same-sex couples who demand "fairness" and "equity". - Sayaka Y on 2010-08-26
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