StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Factors Affecting Trade of Sugar - Assignment Example

Comments (0) Cite this document
Summary
Sugar is a protected commodity in the world market. It is affected by government interventions, price changes, production, and a growing market for sugar substitutes. Sugar is produced in 120 countries with an annual production of 165 million tonnes a year…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.8% of users find it useful
Factors Affecting Trade of Sugar
Read TextPreview

Extract of sample "Factors Affecting Trade of Sugar"

Download file to see previous pages 70% of this production is for domestic consumption while 30% is traded in the world. Since only a small portion of the production is being traded freely, it is subjected to government policies and production so that any change affects the trading practices of the commodity. These are trade barriers such as quota and bilateral agreements that limits trading opportunities of least developed countries. As 120 countries partake of sugar allocations imposed by importing countries, it is important to understand if trade barriers create equal opportunity. Sugar producers believe that by removing these restrictions and opening of markets, supply is ensured, rational pricing will be maintained, and smaller countries can have an equal share of sugar quota ( GATRL, 2009). The top sugar producing countries in the world are Australia, Brazil, China, Columbia, European Union, India, Mexico, Pakistan, Thailand, and United States. World production as of 2010/2012 estimates is 168,647 metric tons raw value. BraziL has the biggest share of production followed by India and next by China. The rest is accounted for by Asian production (SUCDEN). With a global population of 7 billion, sugar consumption is estimated at 171.4 million tons and a per capita consumption of 21.kg. Per capita sugar consumption is highest in Brazil, Australia, and Cuba. ...
1, and has not changed ever since (Sugarcane.org) Tariff quotas and bilateral agreements limit the free trade of small producing country with the US while farmers support policy is addressed to maintain the domestic farmers. Quota system controls the volume of sugar imports by limiting amount of sugar that enters US on a zero rate tariff rate. The amount set for import must meet the US World Trade organization requirement which is 1,117,195 tons of raw sugar and 22,000 tons of refined sugar. Any over quota export under the system is not advisable since US imposes a higher tariff rate. (Edwards, Chris, 2009). Bilateral arrangement disenfranchises smaller producing countries as they are out on agreements. For instance, the North American Free Trade Agreement with Mexico gives it a distinct advantage over other countries since US provided them with tariff free and attractive provisions including a guaranteed quota that increases yearly.(Office of The United States Trade Representative, n.d.) For fair treatment, the recent talks of world organizations such as the Uruguay rounds, AEFA, and APEC are all aimed toward trade liberalization. (Economic & Research Services, USDA, 1997) Simulations and five scenarios have been expounded to know effects. The Uruguay Rounds will expand global trade and social welfare of countries and regions, except China. AEFA trade liberalization would increase social welfare of ASEAN in limited way. All APEC members tend to gain in the liberalization since high import protection is eliminated. (See FAO Explanation (Annex 1) Koo, Woo ‘s scenario of trade liberalization of both US and EU, and retaining of sugar subsidies will allow most sugar producing countries to survive. However, if only the U.S. eliminates the program, Koo said all U.S. sugar ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Factors Affecting Trade of Sugar Assignment Example | Topics and Well Written Essays - 1000 words”, n.d.)
Factors Affecting Trade of Sugar Assignment Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/macro-microeconomics/1488516-one-commodity-on-a-worldwide-basis-discussing
(Factors Affecting Trade of Sugar Assignment Example | Topics and Well Written Essays - 1000 Words)
Factors Affecting Trade of Sugar Assignment Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/macro-microeconomics/1488516-one-commodity-on-a-worldwide-basis-discussing.
“Factors Affecting Trade of Sugar Assignment Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/macro-microeconomics/1488516-one-commodity-on-a-worldwide-basis-discussing.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Factors Affecting Trade of Sugar

Factors Affecting Global Economy

...? Strategic Business Plan-Harley-Davidson Table of Contents Table of Contents 2 Executive Summary 4 Introduction 4 Factors Affecting Global Economy 4Global Expansion Strategy 4 Motivating Factors 5 Risk Factors 6 Entry Strategies for Global Expansion 6 Competitive Advantages 8 Internet Marketing Strategy 8 Internet adds value 8 Internet Business Models 8 Competitive Internet Strategy Leveraging Business Capabilities 9 Corporate Leadership 10 Direction Setting 10 Organizational Design 11 Organizational Culture 11 Ethical Organization Characteristics 12 Leadership Traits 12 Organization Characteristics 12 Strategic Plan Summary 13 Conclusion and Recommendation 13 References 13 Executive Summary Harley Davidson, often called as H-D...
8 Pages(2000 words)Case Study

Factors Affecting Marketing Strategy

...? Factors Affecting Marketing Strategy The study evaluates the promotional campaign for off brand cereal in the competitive market. From thestudy the involvement decision of consumers regarding the off brand cereal and the market segment to be targeted for the advertisement campaign are recognized. Various marketing and promotional strategies such as focusing on parents as the key reference group and developing word-of-mouth strategy are among the vital factors evaluated in the study for the off brand product to gain its importance in the market. Introduction Marketing strategy of a product depends on various factors such as the product type, its price and the brand. The product type dealt with in this study for the development...
6 Pages(1500 words)Essay

Factors Affecting Marketing Strategy

In this sense, Dr. Thunder can be asserted as being a low-involvement brand. There have been no major advertising campaigns run by Wal-Mart to market Dr. Thunder as a brand. For this reason, the recommended marketing strategy is a newly developed. The reason behind developing a new marketing strategy for Dr. Thunder is to highlight the subliminal attraction of the brand, as the brand name is similar to internationally popular Dr. Pepper. Market Size, Performance and Growth From the review of U.S Census on the size of the market segment to which the marketing campaign of Dr. Thunder would target, it has been found that the marketing campaign would target around 3 million Americans. Over the past 10 years, it has been noticed that...
5 Pages(1250 words)Term Paper

External Factors Affecting Recruitment

...External Factors Affecting Recruitment The article is an attempt of a team of experts that have focused on the recruitment and retention practices of entry-level staff in residence life programs locally, as well as internationally. In specific, chief housing officers are the major stakeholders of this article who have provided their perspectives to identify issues in such processes of the HR. Analysis of the Article Since few decades, there has been significant increment in the importance of recruitment and selection process, as huge number of organizations is in the process of recruiting employees for their different jobs and tasks. This article is an attempt to discuss some of the significant aspects of this area of study while...
2 Pages(500 words)Essay

Factors Affecting Customer Satisfaction

... Factos Affecting Customer Satisfaction Abstract Uber application allows commuters to place their services and to access their preferred services at a tap on their mobile phones. With quality measures, through interaction with customers in the social media, the application is gaining popularity despite concerns that some consumers have raised. Three models are proposed for significance of cost efficiency, use of credit and debit cards for payment, and value for social interactions in social media as factors to the growing popularity of the app. Using questionnaires to collect data on respondents’ factors to usage of the app, critical experiments are implemented, subjecting respondents to different environments at different times...
2 Pages(500 words)Research Paper

International Trade Theory

 Further to this, it is also believed that international trade can bring substantial economic welfare to the countries however still most of the countries do not view it as a favorable thing. Despite having a very promising and bright outlook, international trade has been largely viewed with suspension and it is because of this that governments impose barriers to restrict international trade. There can be many reasons behind this act of imposing restrictions or blocking international trade however there are also benefits on the other side too.

International trade has driven the attention of many of the brilliant minds in economics therefore the origins of the economic theory on international trade owe much to the c...
6 Pages(1500 words)Case Study

Virulence Factors of Candida Albicans

 The virulence factors are all the factors that are related in the process of morphogenesis, adhesion, penetration, and colonization of Candida in tissues and blood vessels. Since the hyphal form is often associated with infection, the understanding of hypha-specific cell surface components may help in the identification of the proteins responsible for morphogenesis and virulence. Fungal infection can be treated by the prevention of hyphal development in C. Albicans by antifungal drugs. Understanding Candida biology, genetics, and molecular mechanisms may lead to novel effective antifungal therapy for drug-resistant organisms.

With the help of this strategy, it can survive and grow on the skin, mucosal surfaces and...
10 Pages(2500 words)Case Study

The Trade Union Movement in the UK

Before the ERA 1999, union membership and recognition in the UK were characterized by voluntarism, in which employers and employees could bargain over the terms and conditions of employment without any legal interference. With the statutory system ushered in by the new law, voluntary recognition of unions is no longer allowed and it becomes unlawful for British employers to deny recognition to unions under any circumstances. That conveys the impression that ERA created a radical change in British industrial relations. This paper takes the contrary view, however, and proposes that while the new industrial relations law looks revolutionary in principle, there are no fundamental changes in actuality for the change to qualify as &ldqu...
8 Pages(2000 words)Case Study

Physiological Factors While Dealing With Health Issues

The body’s metabolism includes all the physiological processes in the body. Enzymes serve as catalysts to biochemical reactions that form a part of metabolism. The two distinct chemical phases of metabolism are anabolism and catabolism. Anabolism consists of building up carbohydrates, proteins, fats and nucleic acids from simple molecules, through the use of energy. Anabolism is responsible for processes such as growth, repair, and reproduction. On the other hand, catabolism is the process by which large complex molecules are broken down into smaller, simple molecules, with the release of energy. Metabolic processes are carried out by the cell organelles, each organelle has a distinct and crucial function. Every animal cell...
12 Pages(3000 words)Report

Factors Determining Voting Patterns in Youth Vote

It is estimated that 3.4 million more young people cast their ballots in this election than in the election of 2004, and the surge in youth turnout accounts for at least 60 percent of the total increase in voter participation in 2008. Voters under the age of 30 increased their share of the overall electorate to 18 percent, up to one percentage point from the previous 1996 to 2004 elections, according to the National Exit Polls (NEP) conducted by Edison and Mitofsky. (Pawlenty, 2008, p. 2) The impact of the youth vote proved crucial in claiming the battleground states of Florida, Ohio, and Virginia. Thanks to the youth vote, these electoral college vote-rich states were successfully converted to blue (Democratic) states (Bell, 2008...
11 Pages(2750 words)Assignment

Potential Benefits of International Trade

Conditions set for international trade have also changed in various nations. Today, interdependent is evident due to various global distributions. Examples are; transportation systems, the internet as well as satellite communication systems.
The establishment of WTO (World Trade Organisation) promoting equity in nations’ status, the international monetary Fund (IMF) besides the World Bank, has made stronger the anchorage of international trade. These organisations aid in reducing the trade barriers across boundaries. Nelson (2000). This is a study set out to make a comprehensive and vivid answer to the question, “Which are the benefits of international trade and why are trade restrictions imposed by countries?&rdq...
6 Pages(1500 words)Coursework

What Are the Most Important Factors in Explaining the Rise of the Modern State

Though the existence of the state can be felt in different walks of everyday life, yet it is an intangible whose nature is impossible to grasp. As a political institution, state embodies the concept of sovereignty. Devetak (2007) describes it as a political unit or a country that possesses sovereignty. State can thus be described as a single, unified whole confined within territorial borders. The state is built in a core geographical area with allowances to a certain extent on the boundaries. According to Strayer (1970), a state exists in the hearts and minds of the people. The collective personality of the state renders it immortal. The state is a multi-faced concept that is fuzzy around its edges. Consequently, we cannot develop...
6 Pages(1500 words)Essay

Impact of Motivational Factors upon Employees at Bank AlFalah and Standard Chartered Pakistan

The impacts of these policies upon the employees of the banks will be studied with the help of the responses of the employees of both of the banks. The proposed research study will present the case studies of these two banks by employing a qualitative research approach. The data and information for the study will be collected through secondary and primary resources i.e. through literature review and in-depth interviews of the employees of both the banks. The study will help in the identification of the major strengths and weaknesses present in the motivational policies of these banks and will allow proposing the formulation of improved policies.

Motivation basically refers to satisfying one’s needs through differe...
14 Pages(3500 words)Research Proposal

Macroeconomics and Trade Policys

Keynes argued that prices and wages do not determine the level of employment, as many classical economists suggested, but instead the level of aggregate demand for goods and services (Case & Fair 683). Keynes realized as well during the Great Depression that the government could intervene in the economy to attain specific employment and output goals by either increasing or decreasing taxes and government spending.

For example, raising taxes will decrease the disposable income of households and thus effectively decreasing consumption. When the government decreases consumption, the household demand for goods and services decreases thus it would only seem reasonable that the amount of output that the economy would also...
7 Pages(1750 words)Article

Factors Affecting Aviation Safety

... Factors Affecting Aviation safety Abstract Aviation is an elite but expensive experience enterprise. ‘Stay alert and stay alive’ is the thumb rule; and yet military aviation is the back bone of a nation’s defense efforts. In this backdrop a complacent moment could be excruciating. For maintaining one’s demeanor parallel to one’s repute, any Air Force must be a safe Force (Air safety, 2010). Besides, numerically small air forces can hardly withstand attrition. Common denominators in world Aviation safety data over the years in my view come out to be: 1. Human factor (maintenance) 2. Ageing fleet It is a universal truth that as a system ages, it nags more. Operators and supervisors, therefore, must be extra vigilant and patient...
11 Pages(2750 words)Research Paper

Factors Affecting Leadership Effectiveness

...Factors Affecting Leadership Effectiveness A study on the factors that affect efficient leadership is an important one for any organization. The reason for this is that leadership is dependent on individuals who manage the said organizations and that these individuals are very different from each other. Even when there are existing literature that shows the characteristics of good leaders, not all people can emulate these characteristics because of the fact that they are indeed different from each other. These literature then are just guidelines and it clearly depends on the leaders to follow these or form their own strategies on how to best lead their own organizations. The contention of this paper is that even when...
7 Pages(1750 words)Literature review

The Key Macro Factors that Have Influenced the UK Grocery Retailing Industry since the Early 1960s

...1. Assess the key macro factors that have influenced the UK grocery retailing industry since the early 1960s. The concept of organisational change is inherently intertwined with external threats and opportunities, which businesses must adapt to as part of strategic planning to continue long term growth. Senior and Fleming argue that the concept of organisational change has many faces, namely “convergent changes and transformational change that is organisation wide and characterised by radical shifts in strategy, mission values and associated changes of structures and systems” (In Thompson & Martin, 2005, p.41). Moreover, Johnson et al highlight that external macro-economic factors intrinsically impact strategy management and without...
13 Pages(3250 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic Factors Affecting Trade of Sugar for FREE!

Contact Us