Nemecis Hernandez by Nemecis Hernandez https://padlet.com/nemec4097/u4k54o0m1g2f en-us 2017-11-22 05:51:20 UTC 2017-11-30 23:43:49 UTC hello@padlet.com Post #6 (November 21, 2017) Mozambique and Underhandedness nemec4097 https://padlet.com/nemec4097/u4k54o0m1g2f/wish/209335593 21695203-scandals-and-setbacks-gas-and-fishing-industries-darken-mood-mozambique

Mozambique is one of the poorest countries located in east Africa. As a result, it is a heavily indebted country, dependent on foreign aid in order to keep it afloat. It has established a tuna fish company that is state owned as well as possible off shore gas drilling investitures. 

This article is relevant because it talks about Foreign direct investment and the production of raw materials often produced by LDCs.In this particular case Mozambique has engaged in underhanded trade tactics in which they have used aid funds intended to garner development for personal gain. These tactics have had adverse consequences in their production of goods. Tuna and offshore gas drilling have remained stagnant.]]> 2017-11-22 06:01:18 UTC https://padlet.com/nemec4097/u4k54o0m1g2f/wish/209335593 Post #7 (November 22, 2017) Multilateral Trade under attack by Trump nemec4097 https://padlet.com/nemec4097/u4k54o0m1g2f/wish/209341318 21731428-eleven-countries-resurrect-trans-pacific-partnership-who-needs-america
President Trump has made the decision to recede from a major multilateral trade 
deal, the Trans-Pacific Partnership (TPP) to be exact. It was made up of 12 countries each signing on to uphold specific trade policies that would ensure low-priced tariffs on imports, goods/services, and to establish economic ties among the member nations in order to garner mutual economic growth and development.

This article reminds me of the discussion on trade and how it involves import and export exchanges between countries. Reading this article is worrisome because it is ironic that the U.S is the greatest importer of goods yet under the trump administration the trades that facilitate those exchanges are at odds. The remaining 11 countries have restructured the original trade deal but have decided to proceed without the U.S.
]]> 2017-11-22 07:00:38 UTC https://padlet.com/nemec4097/u4k54o0m1g2f/wish/209341318 Post #8 (November 23, 2017) Tax Breaks for the Wealthy nemec4097 https://padlet.com/nemec4097/u4k54o0m1g2f/wish/209796210 21731391-there-are-better-motivations-tax-overhauls-boosting-growth-what
The Trump administration has created a new "Republican tax plan" with the supposed objective of fostering growth in the U.S by implementing various tax cuts to labor income, capital income, and corporate taxes. However, scholarly research suggests that there will only be marginal short term growth and it will ultimately only benefit the rich 1% of the population.

This article is relevant because it relates to tax reform and government policies instituted in order to increase the GDP through strategic plans to push the public to save, invest, and foster ingenuity that will result in a rise in productivity.However, this proposed plan can only be effective for a short duration, where the beneficiaries will not be the working class people but corporations at home and abroad.]]> 2017-11-23 21:51:23 UTC https://padlet.com/nemec4097/u4k54o0m1g2f/wish/209796210 Post #9 (November 24,2017) Communism makes a comeback nemec4097 https://padlet.com/nemec4097/u4k54o0m1g2f/wish/212086250 https://www.economist.com/news/europe/21730167-though-few-really-want-dictators-back-many-eastern-europeans-feel-nostalgia-communist
Southeastern European People living in Romania have opened museums commemorating their Communist roots. Other neighboring countries are following suit. The memorabilia dates back to the era before 1989, or to the time prior to their liberation under the Communist regime.These museums attract a great number of locals and tourists.

This article reminds me of the discussion we had on communism and global tourism. Although the communist era brought hardships , the people that lived through it are using it not only to satisfy their lust for youth but to generate profits for their respective country. By strategically using their turbulent past they attack tourists that may be interested in gaining an insight as to what the Communist way of life was prior to 1989]]> 2017-11-30 21:20:13 UTC https://padlet.com/nemec4097/u4k54o0m1g2f/wish/212086250 Post #10 (November 30, 2017) Trade as a Roadblock to good Cheese nemec4097 https://padlet.com/nemec4097/u4k54o0m1g2f/wish/212093670 https://www.economist.com/news/finance-and-economics/21731853-why-dairy-products-loom-large-many-trade-deals-what-cheese-can-tell-you-about
The Cromwell Bishop creamery produces cheese that is in high demand world wide but it faces many obstacles to get to its destination. Other foreign cheese producers are not as welcome. The is a series of barriers they must over come in order to get to the masses.

This article is relevant because it is all about trade and the processes of exporting goods, in this case cheese. There exist natural barriers of course being that cheese is a perishable good and cannot be exported to regions that require a lengthy journey. Also there are barriers produced by government policy such as tariffs and quotas on imports. The dairy industries are protected by each country of origin. Needles to say foreign cheese is heavily taxed and regulated.]]> 2017-11-30 21:47:46 UTC https://padlet.com/nemec4097/u4k54o0m1g2f/wish/212093670