imposes tariffs on Chinese solar-panels due to the fact that China was ‘dumping’ solar-panels to the U.S market, it also considers the possible impact of these changes and attempts to assess the relative merits/drawbacks of the policy. Dumping is the selling of goods and services on foreign markets below their cost of production[ http://study.com/academy/lesson/dumping-in-economics-definition-effects.html]. A tariff is defined as taxation on imported goods. Dumping of Chinese solar-panels on the
Commentary: EU to impose anti-dumping tariffs on Chinese solar panels. Free trade versus protectionism is a topic of great debate in internal economics. The former takes place when there are no barriers to trade established by the government or international organizations. On the other hand, protectionism is the use of barriers to imports in a determined country and it is usually applied to protect domestic employment and firms. According to the article, China is being accused by the EU of
Union as the trading bloc, a group of countries that have agreed to reduce tariff and other barriers to trade for the purpose of encouraging free trade and cooperation, is planning to impose tariff on China’s solar panels. Tariff, tax that is charged on imported goods might alter the free trade situation illustrated in Figure 1. Figure 1: Free trade in solar panels in Germany Figure 1 shows free trade in Germany where solar panels are produced domestically and imported. When there is no foreign trade
initially began on July 25th, 2012 when EU Pro Sun, a joint initiative of members of the EU solar industry, filled a complaint to the European Commission that solar panels and various components where being sold in the European marketplace at a value lower than market value. It was the biggest anti-dumping complaint to the European Union in history with the total value of currently imported solar panels was around 2 billion euros. The European Commission is mandated to investigate cases that are
BUSINESS POLICY-FEKH11 Wednesday, March 18th 2015 To be able to help GREENoneTEC management to develop the company, we need to analyze the product and company first. The company is part of the solar industry and went from a one-man business into one of the industry leaders in manufacturing flat plate solar thermal collectors for water heating. In 2003, Kioto became GREENoneTEC’s sister company by manufacturing photovoltaics modules. The plan was to exploit all opportunities of the market. GREENoneTEC
From the 1970s, there has been a wave of liberalization in China, which was introduced by Deng Xiaoping. This is one of the key reasons to the rise of China to be one of the economic giants in the world. In the last 25 years of the century, the Chinese economy has had massive economic growth, which has been 9.5 percent on a yearly basis. This has been of great significance of the country since it quadrupled the gross domestic product (GDP) of the country thus leading to saving of 400 million of
installation of solar panels. Cindy, has read, that families and businesses are saving money by going to solar for their power needed. Also, that there are government back regulation to make solar more assessable to people. For Cindy, she is looking pass the business opportunity for installing solar planes, but that this product can reduce pollution and help save the environment. GDP and Solar Energy In the United States and most nations in the world, energy is vital in keeping
exploitation of solar energy as renewable energy and their planes for development in this filed and the areas in which these countries planning to use the solar energy. (www.ezinearticles.com ) Germany Ten thousand megawatts: Germany is one of the most countries use of solar energy, and plans because the rate of use will be 100% by the year 2050. In view of the year 2009 alone, we find that Germany has installed 3,806 megawatts of solar power generators; any more than the full capacity of solar energy
introduced in 1978, which led to further improvements in Canada’s access to Chinese markets • This led to an increase in the number of formal trade policy initiative • 1980, China gave Canada a “preferential” trade status, reducing tariffs on imports from China by over 1/3 • Presently, China is Canada’s fastest growing major trading
Introduction The EU (European Union) has become a formidable power through trade, hence creating more problems with the rest of the world. Occasionally its dominance has helped it manipulate its trading partners. Starting with regional labor standards to development policies, and internationally ranging from global governance to foreign policy (Marshall & Jaggers, 2010).This paper will mainly focus on the EU as a dominant trade block. A factor that has undoubtedly contributed to the many conflicts