Brazil and China Issue Essay

On the other hand, knowledge of the political and legal environment of China will be fundamental. Information on their laws and regulations, such as foreign trade policies, product standards, tax laws and requirements, trade barriers, labor laws, etc. are extremely important when assessing China as a potential market for our company. Finally, a thorough research on China’s market conditions, such as potential competitors, market trends, market opportunities and threats, potential risks, unique market characteristics, etc. will be necessary to obtained a complete evaluation of the country before entering the market.

Brazil can be compared to the United States in several aspects. Both countries have a lot of things in common; however, we can point some differences too.

This case focuses on Brazil's development strategy since World War II and on the change of the economic model following the debt crisis of the 1980s. At the time of the case Brazilian officials are deciding whether regional integration or globalization offer the best route to economic prosperity and development. This case illustrates the challenges that developing countries face in defining trade policy. It also introduces the role of regional trade blocks as an alternative to globalization. At the current time regionalism seems to be very much in vogue and seems to be much more likely to be the basis for future trade system changes than comprehensive trade treaties.

You probably heard of Brazil but, do you know much about it? Brazil is a beautiful place or country, in South America. It’s great for tourists’ sites; it has amazing land features, and especially cool culture and history. Brazil has a tremendous amount of nature and folktale. Brazil was found actually, over 8,000 years ago. The Portuguese were the first European settlers to arrive there. The journey was led by Pedro Cabral who began in the 1500s. When they finally got there they found Native Americans living there. They were around the seven millions.

The name Brazil comes from Pau Brasil. There are around 145 million people living in Brazil, most of them near the coast. The population is growing rapidly and half of all Brazilians are under the age of 20. By the end of the century, it is estimated that Brazil’s population will have reached 180 million. Brazil borders on ten other Latin American countries.

wealth could define your position between others and show that you have power. Brazil has had 2 big events in the past decade one was the Futbol World Cup in 2014 and 2 years later the 2016 Rio Olympic Games, many people saw Brazil as a really peaceful and wealth nation by being able to host 2 huge athletic events in short amount of time, but is it wealthy? I would say yeah because the diversity in agriculture in one side of the country to the tourist attraction for many in the southeast side of the country, 2 large cities in the area which are Sao Paulo and the most popular Rio de Janeiro because of the Carnival and beaches and shows that regions in the country are wealthy, and the GDP worldwide in which Brazil Ranks Number 8!. They have one of the most popular

If China is able to prove that domestic soybean producers are not able to survive because of low cost imports from Brazil, the WTO ruling would be in favor of China and such measures would be upheld. However, if such measures were used as retaliation to Brazilian ban on Chinese toys, the WTO ruling would be in favor of Brazil and China would not be able to restrict import of Soybean from Brazil.

I am researching the economy of Brazil. The definition of economy: The Management of the income, expenditures, etc of a household, business, community, or government. Careful management of wealth, resources, etc; avoidance of waste by careful planning use; thrift or thrifty use. (1) The system or range of economic activity in a country, region, or community. (2)

Social issues in both China and Brazil are constantly being addressed in order to accommodate their ever-evolving society. Throughout history, these social issues have played a crucial part in the lives of Chinese and Brazilian citizens by acting as an outlet for freedom and a method of oppression depending on the issue at hand. Being two of the most populous states in the world, it was inevitable that they would face numerous issues that threatened both the citizens and the government, such as environmental concerns and threats to human security. Along with these, issues regarding social diversity occurred, such as racial and ethnic relations, gender and gender equality, and sexual differences/Gay, Lesbian, Bisexual, transgendered, transsexual rights. These topics are increasing in importance amongst liberals who disagree with most traditional views, and conservative citizens who wish to continue practicing them. Furthermore, while different in numerous ways, the democracy in Brazil and Communist Party of China share some similarities in regards to these social, economic, political, and environmental issues faced in their countries.

There are policies and fines against dumping under WTO’s regulation which would benefit the U.S. if any firm is found guilty. (China GDP Annual Growth Rate, 2017) The Chinese economy expanded at a growth rate of 6.8 percent in the fourth quarter of 2016, whereas, (United States GDP Growth Rate, 2017) the U.S. economy grew at a rate of 2.1 percent in the fourth quarter of 2016. (Trade in Goods with China, 2016) The United States had a trade deficit of USD 347,037.9 million against China in the year of 2016. The above statistics indicate that China’s growth rate is more than three times of the U.S. Because of practicing free trade, American firms outsource most of the unskilled labor intensive jobs to China. The government may give subsidies to local infant industries as well as dying traditional industries to protect domestic jobs and to discourage outsourcing. For example, giving subsidies to clothing industries would help to reduce production costs and enable the firms to compete with Chinese competitors. The local content requirement in goods can be increased significantly to protect jobs and intellectual property. Stricter administrative policies and higher import quotas on Chinese goods may be implemented to discourage the imports from China. The U.S. car and passenger industries have superior technology, skilled labor, and resources as compared to China and by implementing local requirement restrictions, import quotas and

Stretching over 2,500 miles form east to west and 2,700 miles from north to south, Brazil is the world’s largest tropical country. The only nations that are larger are the lands of Russia, Canada, China and the United States. Brazil has more then 150 million people spread unevenly over its huge land area, making it the fifth most populated country in the world. (Encyclopedia.com) More then two thirds of Brazil’s people live in the cities and towns and more then 29 percent of them are in the ten cities with more then a million people. These include the metropolitan area of Sao Paulo with more then 15 million people and Rio de Janeiro with more then 9 million people. The rural population is mostly concentrated on the East Coast or

One of the biggest firms associated with globalization is the World Trade Organization. The World Trade Organization is the only international body that deals with the rules of trading between nations. It has evolved over the past half century into an entity that contract with the trade of services, intellectual property as well as its original intent of the trade of goods. The WTO controls most trade in the world today through over 100 countries, and even more on the way. The World Trade Organization is beneficial economically and we should support its principles.

World Trade Organization - the Protocol on the Accession of the People’s Republic of China - General Agreement on Tariffs and Trade - discrimination - conservation of exhaustible natural resources - domestic production or consumption

Most important of all, scholars also concur on the opinion that technology-specific differentiations can be justifiable, not per se impermissible under TRIPS. The Canada—Pharmaceutical Patents panel did not intend to provide a rigid rule to determine what constitutes a legitimate reason to impose a differential treatment. The IPA did not appear to apply the local working requirement only to the pharmaceutical sector. Previously, Brazil introduced a local working provision (article 68) in its Industrial Property Law and the US filed a complaint before the WTO dispute settlement body in 2001. Nonetheless, the U.S. agreed with non-discrimination of article 68 of Brazil 's Industrial Property Law, but argued that it is a protectionist measure, intending to create jobs domestically extensively though out all technology fields. These considerations regarding articles 7 and 8 of the TRIPS Agreement would be discussed in

Local production within each region is assumed to result in no import duty. Thus, production from Brazil, Germany, and India can be sent to Latin America, Europe, and the rest of Asia without Japan, respectively, without incurring any import duties. Duties apply only to the raw material, production, and transportation cost component and not to the fixed cost component. Thus, a product entering Latin America with a raw material, production, and transportation cost of $10 incurs import duties of $3.