Sunday, February 16, 2020

What effects does free trade have on U.S. workers Essay

What effects does free trade have on U.S. workers - Essay Example Despite proponents of free trade claiming benefits in business, American workers however, in a 2004 survey by PIPA showed that only 25% of those surveyed in 1999 and 2004 has a positive impact that international trade has, revealing that 45-48% of those surveyed having a negative opinion regarding international trade on American workers (World Public Opinion.Org 1). The United States having entered into numerous free trade agreements, it is important to determine whether indeed these agreements proved beneficial to the labor sector and increased employment opportunity of US workers. Hence, this paper aims to present an overview of the various free trade agreements entered into by the United States, the pertinent labor provisions contained in these free trade agreements, the pertinent statistics on the US employment rate in the US as a result of the FTAs and finally, the paper hopes to give a conclusion as to the overall effect of free trade to US workers. United States was said to have entered into limited free trade agreements during the mid-1900s but entered into a comprehensive free trade agreement until late 1980s (Wade, 645). The United States entered into an agreement with Canada in 1854, called the Canadian-American Reciprocity Treaty which aimed to eliminate tariff on natural resource imports on the part of the US, such as wheat and timber (Wade, 645). On the other hand, Canada gave the Americans fishing rights off Canada’s east coast (Wallace, 228). Canada had a rapid economic growth, with the exports to the US growing by 33 percent as a result of the treaty (Wallace, 228). Exports of the US however, increased only by 7 percent, thus in 1866, US decided to end the treaty (Wallace, 228). Despite the result of such treaty, the US entered into another free trade agreement in January of 1989 with Canada, called Canadian-United States Free Trade Agreement (Vancouver Career College, 1). The agreement focused on gaining more access to the US economy, in

Sunday, February 2, 2020

Culture in business Term Paper Example | Topics and Well Written Essays - 750 words

Culture in business - Term Paper Example Different nations across the world have different cultures and it is important for a business to evaluate and critically understand these cultural dynamics as they play key role in the success of a business in a particular area. People attach a lot of significance to the cultural issues within their region this usually influence their behavior, attitude, opinion in regard to a business. Communication is an extremely key factor for the success of a business. National culture in which a business enterprise operates can alter and daunt effective communication. Language is one of the most important aspects of a communication (Tahir, 2014). If two people are not able to communicate in a language they both adequately understand, the message transmission cannot go through or its interpretation can be flawed. For example, for an American firm to expand its branches and open more others in the Middles East countries, it is important that the language issue is properly addressed by decisions like hiring workers who understand the language of the local people so that communications with the consumers and every stake holder is enabled. Product promotions and advertisements sometimes require the promoters to use local languages of the people so as to enable the target group; who apparently might not be able to speak any other language relate the advert message. In some culture selection of wording is very important in product promotion. Some words might mean well in one culture but on the other culture, they are condemned. Also, to be able to effectively communicate with employees who probably are hired locally from that nation with a diverse culture require the business management to speak the same language. Consumers are more likely to purchase products from firms that they effectively communicate with than those that don’t. This implies that firms that identify