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Agua Rica Mine in Catamarca Province- gold deposits in this mine are estimated to be around 6-10 million ounces with mammoth reserves of copper, silver and molybdenum. Mine life is expected to be 25 years which makes initial annual gold output forecast to be 135 thousand ounces.
Foreign Affairs and International Trade Canada. (2009). Argentina. Retrieved Nov 17, 2012 from < http://www.international.gc.ca/trade-agreements-accords-commerciaux/cimar-rcami/2009/08_argentina-argentine.aspx?lang=eng&view=d>.
Small Cap Network (2012). These Mining Stocks Took A Beating When Argentina Stole YPF SA (YPF): Lumina Copper (LCC), McEwen Mining (MUX) & Extorre Gold Mines (XG). Retrieved Nov 17, 2012 from
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Still if the government plans to impose tariffs over the imported goods, the result would be that other countries will do the same. End result would be increased unemployment in the export competing industries and decreased unemployment in import competing industries.
According to Miller (2003), the study of this particular phenomenon concerning the Anti-Sweatshop Movement of the 1990s, rendered the then economists with the opportunity to obtain an apparent understanding of the working conditions and its potential impacts on the economic development processes.
The country of Germany commands for a relatively large share of mechanical machineries production among the European Union. The production of this type of goods is mainly concentrated in North-Rhine-Westphalia. The production of large machineries and heavy industries is concentrated in this part of the world.
This era of globalization has lead to countries coming closer to each other, this has happened in all aspects including trade. International trade is the exchange of goods or services between economies. It is calculated in the current account of the balance of payment of the economy.
A member of the organization can restrict the importation of a product for a short period of time, with an aim of preventing a serious injury to the domestic industry that produces similar products. According to Brown (2008), such a step is called a safeguard action.
The currency of Rodamia must be either strong or at par with the valuation of other currencies otherwise the consumers of the country will not be able to purchase goods in the global economy. A strong currency boosts the confidence of the consumers and acts as an encouragement to the investors.
Mercantilism was popular during the 16th to 18th century where exports were encouraged. Nations tried exporting more goods and importing less so as to increase the nation’s wealth. Also, a nation’s wealth was reflected by the presence of more precious metals like gold and silver.
Much have been written about the factors contributing to the marked growth of trade between the years 1955 and 2004. Several factors have been mentioned and speculated to have contributed to such growth.
However, I personally believe that the four factors that may have contributed to the growth in merchandise in world trade between 1955 and 2004 are the following, but not necessarily in order: 1) the advent of and significantly rapid advances in information technology; 2) the reduction of, or, in some cases, elimination of, tariffs; 3) the rise in income cost; and, 4) the fall in transporters.
The world’s economy is persistently taking a more global shape and this paper takes a close look at the issues regarding the international trade (Fernald and Greenfield, 2001). A well researched attempt has been made to evaluate the term
Some key facts about Turkish Gold Production are:
The journey of Turkish Gold Industry has seen many ups and downs. It saw its first upsurge in demand when liberalization of gold imports took place in Turkey in 1980.
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