Mama Thai Instant Noodle Export Import Analysis

- Become familiar with customs offices and legal policies. These rules and regulations can make or break your business. You should also carefully consider the local currency, cultural barriers and any other items that might deter the success of your business. Some goods or services may even face special tax rules or other fees that can greatly impact your profits in the international market.

Pier1 imports’ business is home goods, the merchandise which “ranges from home accessories such as candles, vases and picture frames to full-sized, upholstered furniture, hand-carved armoires, large-scale vases and eclectic wall décor” can fall into two main categories. (2) One is decorative accessories, the other is furniture. For the decorative accessories, the relative merchandise group contains rugs, wall decoration mirrors, pillows, bedding, lamps, vases, dried and artificial flowers, baskets, ceramics, dinnerware, candles, fragrance, gifts and seasonal items. The sales of this group have maintained at 65% of total sales in fiscal years 2015, 2014 and 2013. (10-K, p5) For the furniture, it contains all the furniture and furniture cushions

In the novel 90 packets of Instant Noodles, another main character, who is Joel’s father faces internal struggles within himself. The struggles that the father faces are about him not setting any boundaries for Joel and not wanting to be like his father. In the start of the novel you see Joel’s father being very lenient with him. This is shown through indirect characterisation as we notice Joel and his father have no boundaries. However we see in the start how instead of being sent to juvenile detention, his father negotiated a different deal for him proving he wanted to have more of a disciplinary relationship with him. Another struggle the father faces is trying to overcome not being like his father. On page 97 you read in the letter from

This kind of tax is called a tariff and is enacted to protect domestic producers of the same items that can be imported at much lower costs. Answer the following: (10 points)

products they bought, they would then sell it to the Philippines at a higher cost

Dot Foods’ formal origin can be traced to a small garage in rural Illinois in 1960. While the formal beginning may have started a garage, the idea that would become Dot Foods had been developing in Robert Tracy’s mind for several years (Tracy, 2016).

Offer the same or similar products for much cheaper, due to their private in house label that people have grown extremely fond of (Lutz, 2015)

Food Inc. is a documentary that tries to teach the viewer about America’s food chain and how it came to exist in its current forum. The film uses a mix of facts and opinions from people who work in the food production industry. Food Inc. does interview workers who are both for and against the current method of food production but not for the purposes of portraying an unbiased film, it comes across as an insincere attempt. During the course of the film we are shown current methods and past practices of food production dealing with meat and vegetables.

Argentina is one of the top vegetable oil producers in the world-due to low domestic consumption and high productivity- with Chile as a main buyer. After a tariff reclassification in 1999, the Chilean price band system (PBS) resulted in higher customs duties of up to 64.41%, thus violating the limit set at 31.5%. As a result, this issue was submitted to the WTO .

Additionally, the retail and wholesale trades charge GST as a matter of law, retail prices must include any applicable GST, if someone (for instance, walks into a homewares store sees something they like and it’s an international brand, they can take the details of that or they can view it online, see it in a catalogue, wherever they derive their inspiration from, they can go online, view an overseas retailer, or overseas E- trader site, see if the item they’re interested in is available and order it. As long as the total purchase is under $1000 and the documentation is simply whatever the overseas supplier puts on the package concerned, which is already clearly open to abuse, it simply passes through customs without any leverage whatsoever, is simply sent through whatever logistic service it’s been sent by, onto the consumer in Australia whose purchased the goods or prepaid for them in their order, if the goods are imported by a major or commercial importer, in the first instance the applicable duties are paid before the goods are cleared, there are costs associated with the commercial clearance of goods, customs brokers have to be paid and so all manner of port charges are levied, and these charges are not inconsiderable, then gst is also payable by the importer, the goods then pass into the retail trade, where there

I was sitting in my AP Environmental Science class during my sophomore year. The lights were dimmed, the projector beeped on, and the documentary began. Then the title flashed across the screen reading “Food, Inc.” Though beforehand I thought little of what the film would be about, it would have me thinking to this day.

There are quite a few forms of tariffs that the government may apply based on the condition of the country’s economic welfare. The pros and cons of these forms of tariffs will be reviewed. Discussion on how these tariffs positively or negatively affects the economic stance of the country will be displayed. Tariffs such as the ad valorem, the taxing a percentage of the value of an item and the specific tariff or tax which is a set amount based on weight or sum of items. (McEachern, 2015)

considerably, from 8.3 cents to 21.5 cents. In other words, the equivalent tariff is 21.5 - 8.3 = 13.2 cents per pound, or a 159% tariff. The graph below - which is not to scale - shows how one can illustrate this import quota as an equivalent tariff._

meant that imported product were subject to import taxes (22%) and it also involved a

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.