More and more companies are doing business in China due to the lower production costs. When doing business in a different country, they could have some policies and regulations that are different than the ones in the United States. They are many officials in these countries that will take a bribe in order to ensure a fast turnaround time in order for your company to receive a license. The Foreign Corrupt Practices Act of 1977 (FCPA) was empowered by the United States to investigate allegations of bribery anywhere in the world and are stepping up their activities in China (Roberts 2010). Technically, China does have some laws against taking bribes but there is a fine line between bribes and gift giving.
Many people believe that big companies who have entities in under-developed countries actually harm the societies and cultures in those countries and there may be evidence to support that. However, the authors of "Why Globalization is Good", Robyn Meredith and Suzanne Hoppough, try to argue that instead they are actually helping boost a majority of things within their respective economies. Currently and for the past several years, China and India have progressed immensely to become economic super powers. That's great and all, but what about their citizens? How do they fair after the invasion that is foreign interest has risen in the recent past?
As Buddhism spread from India to China beginning in the first century C. E., it had many different and varying responses. Many Chinese accepted Buddhism and defended its policies while others criticized Buddhism’s absence from past texts and used it as a scapegoat for political and social problems. Still others remained indifferent, wishing to meld the aspects of belief systems in China to create a unique Chinese culture. Documents 2 and 3 defend and support Buddhism in China, while documents 4 and 6 criticize it and discourage its spread. Documents 1 and 5 neither encourage nor discourage the religion’s spread, but provide a different perspective on how it should be dealt with.
Document 1 [Ye Chunji] gives a quote about how Chunji has noticed the social gap and how the upper class is becoming increasingly unsatisfied and greedy; whereas document 3 [Wang Xijue]tells more of the economic social gap between the two main classes and explains how the economy is aiding the social gap through the harvest. In document 7 [He Qiaoyuan] another Ming court official talks about how China makes goods that are worth maybe 100 silver coins but sells them for triple that amount. All three of these documents also contribute to the fact that the Ming dynasty played a major role in the global trade of silver. During this time the economic impact of silver in Spain can be seen in Documents 2 and 6. Document 2 [Tomas de Mercado] shows that the ballast stones used in the ships on the outgoing trip were replaced by silver during their return trips; while document 6 [Antonio Vazquez de Espinos] claims that from 1545 to 1624 a total of approximately 326,000,000 silver coins were taken out of the mines in Potosi.
Most of the things these immigrants do in the U.S. is illegal; avoid taxes, work illegally, live illegally, etc. The biggest problem with them is that a majority of them do not pay taxes. Households with an illegal immigrant as the head of the house only pay 1/3 of the federal taxes, or ¼ as much as a legal household. The debt that illegal immigrants cause to the economy is far greater than the good they do. As Steven A. Camarota tells in The High Cost of Cheap Labor: Illegal Immigration and the Federal Budget, “Households headed by illegal aliens imposed more than $26.3 billion in costs on the federal government in 2002 and paid only $16 billion in taxes.
This in turn means that if the products are defective and not up to standard then they could damage the relationship with the Chinese department store. Another potential problem that may result from accepting the Chinese department store's order is that the research and development centre for the product line is based in the UK. This means that there problems could arise if there is a break down in communication between China and the UK, for example wrong orders could be received in China which would be particularly problematic with the average delivery time from factory being 21 days, 11 more than the UK factories. Therefore this means that these problems could be much more costly than if they happened from the UK factories. (8/10) Andrew Mitchell believed that the best solution to resolving the dispute over the introduction of new technology was to close the UK factories and move production to a purpose built factory in China.
For a big country like China, one important thing is being responsible to the world. Decreasing the domestic population presses is the currency duty for China. Even though the one-child policy causes some negative effects, but currently it is an effective way for the population of
Walmart’s low prices are a direct result of their outsourcing of jobs, which negatively affects the United States’ economy, even though may seem beneficial. The company also takes away from many smaller, local businesses, because of its lure of lower prices and benefits. Walmart’s largest principle is that it offers goods at the lowest possible price for their customers. in order to achieve this, not only does Walmart pay its workers low wages, but it also purchases its products from companies that outsource their factories and jobs. Outsourcing refers to sending jobs overseas because it is cheaper to produce the good there instead of in your home state.
URBAN GROWTH AND DECLINE Where is it happening? Broken Hill Why there? Mining: The mining industry is what put BH on the map. Over 100 tears of constant mining has resulted in depleted resources.The prosperity of mining in BH hinges on several things. The strength of the Aussie dollar impacts on exporting, metal prices effect profits, and a slowdown in the global economy will reduce the demand (particularly from China) for the metal produced in BH.
In Russia, the peasants were treated very poorly, Russian princes did not want to pay their share of the tribute, so they raised taxes on the peasants and kept some of the money for themselves. Unlike the Russians, Chinese peasants were treated fairly better had restored granaries and reduced taxes. While securing the empire in China, they secured the most valued trade region in all of Asia; the Silk Road. It was necessary for the Silk Road to be protected from bandits and thieves. It would be a great risk if travelers did not have a secure route to trade on.