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Advantages Of Technology In International Trade
Part I of Essay
Technology plays a major role in international trade. Databases,
overnight delivery and faxes have opened the world market to not only larger
companies but small ones too. To add to this globalization, companies and even
competitors are combining and forming alliances to .... Part II of Essay
.... to follow GATT's lead
is APEC (Asian Pacific Economic Community). APEC consist of 18 countries that
account for 1/2 of the worlds output. The three largest economies Japan, China
and the United States are members. APEC leaders are committed to achieving free
and open trade for the region by 2010. APEC is moving towards this goal through
many means including accelerating initial Japanese tariff cuts by 50%. China
will also cut a number of tariffs by 30%. Indonesia and other APEC members are
also reducing tariffs sharply. What sets AP ....
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Words: 646 - Pages: 3
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