International Trade Policy Case Study Example | Topics and Well Written Essays - 1250 words

International Trade Policy - Case Study Example Development of trade and commerce is essentially linked to the survival, growth, and progress of a nation, particularly by concise means of imports and exports. The policies or regulations that essentially govern and deal with defining the international trade between countries are known as the Foreign Trade Policy or International Trade Policy. These policies include, but are not restricted to, the tax brackets, import duties on various pieces of equipment (goods and services), items for trading, non-allowable items, quotas and tariffs, and so on. Inclusive of this data, there are also the incentives for foreign investment that encourages foreign investors to invest in the country along with incentives for local producers to export, and so on [2]. Thus, the policy defines the terms and regulations for trading i.e. imports and exports. The Asian region has been prospering of late with good speed, and amongst the many nations, Pakistan has been one of the prime examples of prospering nations particularly under the current military regime. The name of this nation has been in the headlines since a while now, thus, it would be very informative to analyze their trade policy structure. Particularly considering the fact that the foreign direct investment has been growing in the region of late, it would be very interesting to see the structure that is enhancing this figure in recent times[3]. Since October 1999 to date, Pakistan has moved towards being a much more stabilized nation than it has ever been since its existence in 1947. Under the military regime of General Pervaiz Musharraf, the nation has moved towards economic stability and growth to the current day, with economic development prospering in particular. This stability in the economic and political environment has led to tremendous growth in the net trade figure, inviting foreign investors and trades to contribute and interact with the local ones and have a good prospectus for the future outlook[5]. This report highlights the trade policy for the year 2006-07 so that judgements can be made on fairgrounds that whether this policy has been a success or otherwise. The following paragraphs highlight the main aims and objectives of the international trade policy relating to the export of goods and services [7, 9].

Why Do We Need Environmental Engineering Topic LOVE CANAL TRAGEDY Case Study

Why Do We Need Environmental Engineering Topic LOVE CANAL TRAGEDY - Case Study Example This led to protests, intervention by the government and multiple lawsuits in pursuit of the compensation for the affected residents. Most of them moved, the infrastructure brought down and the Love Canal crossed for revitalization processes by the Environmental Protection Agency. William T Love is the impresario behind the famous Love Canal as indicated by his last name (Johnson 1). Significantly, the core purpose of the canal was to connect the separations of the Niagara River that had Niagara Falls parting them. Moreover, the canal’s construction would be in a way that residents of the Niagara area would also source electrical power from it; typically, this was a prevalent idea for environmental conservation and community development. Unfortunately, William’s plan faced multiple challenges during the 1892 economic downfall leading to the plan’s ultimate failure; however, this was after he had dug a large percentage of the proposed area. Nonetheless, there was not much that he could do leading to its sale in auction over 25yrs later. Shockingly, the Love Canal served the wrong purposes after its sale. Firstly, the purchasers used it as a chemical disposal site and later on, the United States Army joined the party by using it for warfare experiments that entailed chemical weapons. In the late 1940s, a company (Hooker Corporation) that dealt with chemicals and plastics acquired the Love Canal for the private practices (Phillips 313). Conversely, the company also concealed multiple tons of toxic surpluses in the Love Canal for a period of over 5 years filling it, after which they used land material to cover the chemicals. Niagara City bought the canal to counter its over-population problem from Hooker Corporation that was keen to caveat relative to previous dealings of the land. After purchasing the Love Canal, the city set up infrastructure in form of