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Bangladesh and the MultiFibre Agreement
written by N. Bhavika, fl. 2009 (Hyderabad, Andhra Pradesh: IBS Center for Management Research, 2004, originally published 2004), 13 page(s)
Globalisation and the introduction of the MultiFibre Agreement (MFA) in 1974 had changed the Ready Made Garment (RMG) industry of Bangladesh. Within a very short period of time the RMG sector of Bangladesh attained prominence in terms of its contribution to Bangladesh's gross domestic product, foreign exchange ear...
Sample
written by N. Bhavika, fl. 2009 (Hyderabad, Andhra Pradesh: IBS Center for Management Research, 2004, originally published 2004), 13 page(s)
Description
Globalisation and the introduction of the MultiFibre Agreement (MFA) in 1974 had changed the Ready Made Garment (RMG) industry of Bangladesh. Within a very short period of time the RMG sector of Bangladesh attained prominence in terms of its contribution to Bangladesh's gross domestic product, foreign exchange earnings and employment. On January 1 st 1995, the World Trade Organisation replaced the MFA with the Agreement on Textiles and Clothing (...
Globalisation and the introduction of the MultiFibre Agreement (MFA) in 1974 had changed the Ready Made Garment (RMG) industry of Bangladesh. Within a very short period of time the RMG sector of Bangladesh attained prominence in terms of its contribution to Bangladesh's gross domestic product, foreign exchange earnings and employment. On January 1 st 1995, the World Trade Organisation replaced the MFA with the Agreement on Textiles and Clothing (ATC). According to the ATC, by 2005, the RMG sector had to be fully integrated into GATT rules and the existing quotas had to come to an end. The removal of quotas threatened to increase competition in the global garment industry and limit Bangladesh's growth. But Bangladesh could receive benefits under the Generalised System of Preferences and gain access to the EU and US markets, if it met the International Labour Organisation standards.
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Field of Study
Business & Economics
Content Type
Case study
Author / Creator
N. Bhavika, fl. 2009
Date Published / Released
2004
Publisher
IBS Center for Management Research
Topic / Theme
Economic conditions, Garment industry, International trade, Apparel Manufacturing, Industry Analysis in Global Context (i.e., Industry Reports)
Copyright Message
Copyright © 2004 by IBS Center for Management Research
Organization Discussed
World Trade Organization
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Business Principles, Business vol. 03: 03 - Cloud
produced by Dallas TeleLearning, in Business Principles (Dallas, TX: Dallas County Community College District, 2013), 3 mins
Dallas County Community College District - Continuing Education/Noncredit Courses:
In addition to college credit classes, this video was designed to improve your business skills --- if you dream of owning your own business or help you become the corporate executive you want to be. These Continuing Education (CE...
Sample
produced by Dallas TeleLearning, in Business Principles (Dallas, TX: Dallas County Community College District, 2013), 3 mins
Description
Dallas County Community College District - Continuing Education/Noncredit Courses:
In addition to college credit classes, this video was designed to improve your business skills --- if you dream of owning your own business or help you become the corporate executive you want to be. These Continuing Education (CE)/Noncredit courses do not offer college credit but may apply toward industry credentials or other workplace certificates.
Field of Study
Business & Economics
Content Type
Instructional material
Contributor
Dallas TeleLearning
Date Published / Released
2013
Publisher
Dallas County Community College District
Series
Business Principles
Copyright Message
Copyright © 2013 by Dallas County Community College District. All Rights Reserved.
Organization Discussed
World Trade Organization
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Cancun Ministerial Conference: An Impasse
written by Saradhi Kumar Gonela, fl. 2004 (Hyderabad, Andhra Pradesh: IBS Center for Management Research, 2004, originally published 2004), 10 page(s)
Following the successful global trade talks at the fourth World Trade Organisation (WTO) Ministerial Conference held in Doha in 2001, the fifth WTO Ministerial Conference was held at Cancun in Mexico in 2003. The conference, which opened with the aim of reducing trade barriers and strengthening the international t...
Sample
written by Saradhi Kumar Gonela, fl. 2004 (Hyderabad, Andhra Pradesh: IBS Center for Management Research, 2004, originally published 2004), 10 page(s)
Description
Following the successful global trade talks at the fourth World Trade Organisation (WTO) Ministerial Conference held in Doha in 2001, the fifth WTO Ministerial Conference was held at Cancun in Mexico in 2003. The conference, which opened with the aim of reducing trade barriers and strengthening the international trading system, was stalled due to major differences between the developing countries and the developed countries on several issues, end...
Following the successful global trade talks at the fourth World Trade Organisation (WTO) Ministerial Conference held in Doha in 2001, the fifth WTO Ministerial Conference was held at Cancun in Mexico in 2003. The conference, which opened with the aim of reducing trade barriers and strengthening the international trading system, was stalled due to major differences between the developing countries and the developed countries on several issues, ending the conference in deadlock. While developed and developing countries blamed each other for the failure of the conference, others blamed the WTO. For the next conference, to be held in Hong Kong in 2005, to be successful, both the developed and the developing countries have to contribute their share of the effort. The case study promotes an understanding of the role of the Ministerial Conferences in improving global trade, the differing preferences of developed and developing countries on several issues of global trade and the impact of the success or failure of the conference in arriving at a consensus on the various aspects of an international trading system. The case also offers scope for discussion on the validity of each group's preferences on the pending issues for negotiations, and also the required efforts by each group for the progress of international trade.
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Field of Study
Business & Economics
Content Type
Case study
Author / Creator
Saradhi Kumar Gonela, fl. 2004
Date Published / Released
2004
Publisher
IBS Center for Management Research
Topic / Theme
Association and organization conferences, International trade, Wholesale Trade, WTO, UN, NATO
Copyright Message
Copyright © 2004 by IBS Center for Management Research
Organization Discussed
World Trade Organization
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The End of Multi-Fiber Arrangement: Opportunities for China's Textile Industry
written by Firdaus Maldar, fl. 2005 (Hyderabad, Andhra Pradesh: IBS Center for Management Research, 2005, originally published 2005), 9 page(s)
The global textile and apparel industry had been governed by quotas under the Multi-Fiber Arrangement (MFA) since 1974. The developed countries laid certain restrictions on the number of items that could be exported by low cost producers, such as China and India, so as to protect their local textile industry. Afte...
Sample
written by Firdaus Maldar, fl. 2005 (Hyderabad, Andhra Pradesh: IBS Center for Management Research, 2005, originally published 2005), 9 page(s)
Description
The global textile and apparel industry had been governed by quotas under the Multi-Fiber Arrangement (MFA) since 1974. The developed countries laid certain restrictions on the number of items that could be exported by low cost producers, such as China and India, so as to protect their local textile industry. After the expiry of MFA on January 1 st 2005, China was expected to be one of the biggest winners due to its competitive textile industry....
The global textile and apparel industry had been governed by quotas under the Multi-Fiber Arrangement (MFA) since 1974. The developed countries laid certain restrictions on the number of items that could be exported by low cost producers, such as China and India, so as to protect their local textile industry. After the expiry of MFA on January 1 st 2005, China was expected to be one of the biggest winners due to its competitive textile industry. Chinese textile exports had experienced tremendous growth since its entry into the World Trade Organisation in 2002. But many competitors and importing countries, including the US textile industry, voiced concerns that China was set to dominate and destroy the textile industry through unfair trade practices including currency manipulation and subsidising its textile industry.
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Field of Study
Business & Economics
Content Type
Case study
Author / Creator
Firdaus Maldar, fl. 2005
Date Published / Released
2005
Publisher
IBS Center for Management Research
Topic / Theme
Textile fibers, Garment industry, Textile industry, International trade, Apparel Manufacturing, Textile Mills, Instruments of Trade Policy (e.g., Tariffs, Quotas, Subsidies, etc.), Chinese
Copyright Message
Copyright © 2005 by IBS Center for Management Research
Organization Discussed
World Trade Organization
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The U.S. – China Wind Power Dispute
written by Roy C. Nelson, fl. 2013 (Glendale, AZ: Thunderbird Global School of Management, 2016, originally published 2015), 4 page(s)
In 2010, China's rapid development of wind energy, and specifically, its policies to promote wind turbine manufacturing, had resulted in significant loss of market share in the wind turbine market in China for U.S. and other foreign manufacturers. Although China was clearly violating WTO rules with its trade polic...
Sample
written by Roy C. Nelson, fl. 2013 (Glendale, AZ: Thunderbird Global School of Management, 2016, originally published 2015), 4 page(s)
Description
In 2010, China's rapid development of wind energy, and specifically, its policies to promote wind turbine manufacturing, had resulted in significant loss of market share in the wind turbine market in China for U.S. and other foreign manufacturers. Although China was clearly violating WTO rules with its trade policies, U.S. and other firms were reluctant to bring a dispute to the WTO for fear of retaliation on the part of the Chinese government in...
In 2010, China's rapid development of wind energy, and specifically, its policies to promote wind turbine manufacturing, had resulted in significant loss of market share in the wind turbine market in China for U.S. and other foreign manufacturers. Although China was clearly violating WTO rules with its trade policies, U.S. and other firms were reluctant to bring a dispute to the WTO for fear of retaliation on the part of the Chinese government in the form of loss of access to the Chinese market. As a result, the United Steel Workers of America (USWA) trade union brought the dispute the WTO. Because the trade violations were so clear, China backed down even before the dispute could get out of the first, 'consultations' phase of the WTO dispute settlement process. This case can be used in a course on States and Markets in the Global Economy, Principles of Global Management, Global Business Environment, or Foreign Trade to demonstrate how the World Trade Organization (WTO) solves trade disputes -- both in theory and in practice. It can be used in a course on the U.S. business environment to demonstrate U.S. trade policy. It can be used in a course on the business environment of Asia to demonstrate China's role in the global economy.
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Field of Study
Business & Economics
Content Type
Case study
Author / Creator
Roy C. Nelson, fl. 2013
Date Published / Released
2015, 2016
Publisher
Thunderbird Global School of Management
Topic / Theme
International trade, Trade policy, Renewable energy sources, Engine, Turbine, and Power Transmission Equipment Manufacturing
Copyright Message
Copyright © 2016 Thunderbird School of Global Management, a unit of the Arizona State University Knowledge Enterprise.
Organization Discussed
United Steelworkers of America, World Trade Organization
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WTO: A Global Trade Regulator
written by Sailaja Chavvakula, fl. 2005 (Hyderabad, Andhra Pradesh: IBS Center for Management Research, 2005, originally published 2005), 5 page(s)
The caselet focuses on the WTO and its role in global trade. It discusses the failure of the Cancun Round of the ministerial conference. It goes into the impact of liberalization on different economies and the future role of the WTO
Sample
written by Sailaja Chavvakula, fl. 2005 (Hyderabad, Andhra Pradesh: IBS Center for Management Research, 2005, originally published 2005), 5 page(s)
Description
The caselet focuses on the WTO and its role in global trade. It discusses the failure of the Cancun Round of the ministerial conference. It goes into the impact of liberalization on different economies and the future role of the WTO
Field of Study
Business & Economics
Content Type
Case study
Author / Creator
Sailaja Chavvakula, fl. 2005
Date Published / Released
2005
Publisher
IBS Center for Management Research
Topic / Theme
Economics, Association and organization conferences, International trade, Wholesale Trade, WTO, UN, NATO
Copyright Message
Copyright © 2005 by IBS Center for Management Research
Organization Discussed
World Trade Organization
×
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Indian Pharma Industry: Concerns about TRIPs Agreement
written by Mylavarapu Vinaya Kumar, fl. 2006 (Hyderabad, Andhra Pradesh: IBS Center for Management Research, 2005, originally published 2005), 4 page(s)
The caselet explains the effect of the World Trade Organization's TRIPs (Trade-Related aspects of Intellectual Property Rights) agreement on the Indian pharma industry. It also explains why foreign pharma companies are showing keen interest in the liberalization of the Indian pharma sector.
Sample
written by Mylavarapu Vinaya Kumar, fl. 2006 (Hyderabad, Andhra Pradesh: IBS Center for Management Research, 2005, originally published 2005), 4 page(s)
Description
The caselet explains the effect of the World Trade Organization's TRIPs (Trade-Related aspects of Intellectual Property Rights) agreement on the Indian pharma industry. It also explains why foreign pharma companies are showing keen interest in the liberalization of the Indian pharma sector.
Field of Study
Business & Economics
Content Type
Case study
Author / Creator
Mylavarapu Vinaya Kumar, fl. 2006
Date Published / Released
2005
Publisher
IBS Center for Management Research
Topic / Theme
Patents, Drugs and pharmaceuticals, Intellectual property, Pharmaceutical and Medicine Manufacturing, WTO, UN, NATO, Indians (Asian)
Copyright Message
Copyright © 2005 by IBS Center for Management Research
Organization Discussed
World Trade Organization
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Can India Make ‘IT'?
written by Mylavarapu Vinaya Kumar, fl. 2006 (Hyderabad, Andhra Pradesh: IBS Center for Management Research, 2005, originally published 2005), 4 page(s)
The caselet explains the impending threats India faces on account of the WTO IT agreement and the steps the country needs to take to overcome the threats.
Sample
written by Mylavarapu Vinaya Kumar, fl. 2006 (Hyderabad, Andhra Pradesh: IBS Center for Management Research, 2005, originally published 2005), 4 page(s)
Description
The caselet explains the impending threats India faces on account of the WTO IT agreement and the steps the country needs to take to overcome the threats.
Field of Study
Business & Economics
Content Type
Case study
Author / Creator
Mylavarapu Vinaya Kumar, fl. 2006
Date Published / Released
2005
Publisher
IBS Center for Management Research
Topic / Theme
Trade and commerce, Tariffs, Information sciences, Information, WTO, UN, NATO, Indians (Asian)
Copyright Message
Copyright © 2005 by IBS Center for Management Research
Organization Discussed
World Trade Organization
×
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European Trade with China
written by Saradhi Kumar Gonela, fl. 2004 (Hyderabad, Andhra Pradesh: IBS Center for Management Research, 2004, originally published 2004), 11 page(s)
In 1975, when Europe re-established diplomatic relations with China, the bilateral trade was just $2.4 billion. By 2002, the bilateral trade had grown to $142 billion, making China the second largest trading partner of the European Union (EU) after the US. However, the trade deficit of Europe with China, which was...
Sample
written by Saradhi Kumar Gonela, fl. 2004 (Hyderabad, Andhra Pradesh: IBS Center for Management Research, 2004, originally published 2004), 11 page(s)
Description
In 1975, when Europe re-established diplomatic relations with China, the bilateral trade was just $2.4 billion. By 2002, the bilateral trade had grown to $142 billion, making China the second largest trading partner of the European Union (EU) after the US. However, the trade deficit of Europe with China, which was a mere 0.1 billion euros in 1980 had surged to a colossus 47.3 billion euros by 2002.
Field of Study
Business & Economics
Content Type
Case study
Author / Creator
Saradhi Kumar Gonela, fl. 2004
Date Published / Released
2004
Publisher
IBS Center for Management Research
Topic / Theme
Tariffs, Economics, International trade, Wholesale Trade, Overview of International Trade and Foreign Direct Investment Flows, Chinese, Europeans
Copyright Message
Copyright © 2004 by IBS Center for Management Research
Organization Discussed
World Trade Organization, European Union
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Global Economies
produced by Atma Global (New York, NY: Atma Global, 2011), 22 mins
Global economies are evolving at different speeds and facing both opportunities and challenges. Knowing the major markets and the stage of development for each allows businesses to determine how best to enter and expand. This video will review what is meant by the developed and developing worlds and will help view...
Sample
produced by Atma Global (New York, NY: Atma Global, 2011), 22 mins
Description
Global economies are evolving at different speeds and facing both opportunities and challenges. Knowing the major markets and the stage of development for each allows businesses to determine how best to enter and expand. This video will review what is meant by the developed and developing worlds and will help viewers understand how to evaluate the expanding set of emerging market countries, which started as BRICs and has now expanded to include t...
Global economies are evolving at different speeds and facing both opportunities and challenges. Knowing the major markets and the stage of development for each allows businesses to determine how best to enter and expand. This video will review what is meant by the developed and developing worlds and will help viewers understand how to evaluate the expanding set of emerging market countries, which started as BRICs and has now expanded to include twenty-eight countries or more depending on the classifications used.
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Field of Study
Business & Economics
Content Type
Instructional material
Contributor
Atma Global
Date Published / Released
2011
Publisher
Atma Global
Topic / Theme
Poverty, Trade and commerce, Business, Gross national product, Economic theory, Markets, Economic development, Economics, International trade, Economic conditions, Economic indicators, Management of Companies and Enterprises, Globalization
Copyright Message
Copyright © 2013 by Atma Global Knowledge Media, Inc.
Organization Discussed
World Trade Organization
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