Introduction Of The Cross Border Shopping - 1728 Words

Cross-Border Shopping Introduction Emergence of revolution in the world led to globalization. Hitherto, people gain from the massive and healthy business trades across the borders. In this case, one country is able to gain from selling or buying of goods. At some point, countries realized the importance of creating a global trading arena to encourage the producers from all nations. In this regard, people enjoyed from some exemptions that interfered with flow of goods and service across borders. Despite the vast advantage that parties enjoy in this kind of trade, they face various hurdles, which demoralize them as they perform their business transactions. For instance, changes in the economic status in one of the countries result in reduction in value of goods. Likewise, some traders may suffer due to high rates of taxation in the bordering countries. Understanding the concept of cross border shopping The presence of competition in the indirect tax within the export and import zones leads to the creation of horizontal tax externalities. Vertical tax externalities may also arise between the central and regional government. In most of the cases, both countries tend to maximize revenue through tax collection through purchasing and selling of goods. One party may therefore set policies that aim at in increasing tax collection (Lucas 369). Likewise, the government may also balance the availability of imports in the country by employing certain regulations that minimizes theirShow MoreRelatedIntroduction Of The Cross Border Shopping1728 Words   |  7 Pages Cross-Border Shopping Introduction Emergence of revolution in the world led to globalization. Hitherto, people gain from the massive and healthy business trades across the borders. In this case, one country is able to gain from selling or buying of goods. At some point, countries realized the importance of creating a global trading arena to encourage the producers from all nations. In this regard, people enjoyed from some exemptions that interfered with flow of goods and service across bordersRead MoreThe Tax Policy Of Oregon And Washington1288 Words   |  6 PagesIntroduction Taxes policy is one of strategies that states have to increase their competitiveness. From 51 states nation-wide, only five states that do not impose sales tax or 0% sales tax rate. They are Alaska, Delaware, Montana, New Hampshire and Oregon. Without sales tax, in this five states, people can buy everything without spending extra dollar for tax, which mean they will have extra ‘money’ for saving or spending to other goods compared to other states because some of states impose bothRead MoreEmergence Of A Global Trading Arena1788 Words   |  8 PagesIntroduction Emergence of revolution in the world led to globalization. Hitherto, people gain from massive and healthy business trade across the borders (Lucas, 367). In this case, one country is able to gain from selling or buying of goods. Moreover, countries realized the importance of creating a global trading arena to encourage the produces from all economies through integration. In this regard, people enjoyed from some exemptions that interfered with flow of goods and service across bordersRead MoreCross Border Shopping Of Federal Economy1793 Words   |  8 Pages Cross-Border shopping in Federal Economy Introduction Emergence of revolution in the world led to globalization. Hitherto, people gain from massive and healthy business trade across the borders (Lucas, 367). In this case, one country is able to gain from selling or buying of goods. Moreover, countries realized the importance of creating a global trading arena to encourage the produces from all economies through integration. In this regard, people enjoyed from some exemptions that interfered withRead MoreImpact Of Monetary Policy In Belgium714 Words   |  3 Pagesrates and costs, it allows for easier cross-border trade for companies. This creates a more stable economy and provides consumers more choices. When looking at the tourist industry a single currency is a tremendous advantage as it encourages cross-border traveling and increased shopping. Finally, the euro has developed clout. Today, the euro is one of the most important international currencies, second only to the United States dollar. Since its introduction, the Euro has averaged $1.208 againstRead More Global Markets vs. Local Realities Essay1599 Words   |  7 PagesGlobal Markets vs. Local Realities What happens to commodities when they cross cultural borders? Howes recent edited volume, Cross-Cultural Consumption, sets out explicitly to answer this very question. Through a diverse and highly accessible set of collected papers, inspired and adapted from a special issue of Anthropogie et Sociitis on Culture and Consumption, the reader finds an excellent introduction to the major themes in the anthropological approach to consumption. Situated squarelyRead MoreInternational Barriers to E-commerce Essay734 Words   |  3 Pagesknown for an impressive evolution, having a major impact on all aspects of life esp., e-commerce (EC). This paper mainly explains the EC and also identifies the various international barriers to e-commerce and they can be evaluated for EC success. Introduction E-commerce is a combination of three different areas of study, namely technology, business and law/policy. EC is a kind of electronic medium for trading in goods and services. It is considered as exchanges between individuals/organizations channeledRead More Growth of Online Shopping Around the World Essay2022 Words   |  9 Pages Introduction When Amazon.com launched its online retailing strategy in 1995 and began to reap benefits, many analysts viewed doing business and shopping online with great optimism (Denise, 2004). They anticipated for a day when people would be able to order their shopping items from the comfort of their homes. Consequently, customers would see little or no need at all to physically visit traditional in-stores to make their purchases. It is now a decade and a half down the line and online shoppingRead MoreThe Rebirth Of New Nigeria: War On Corruption And Restoring1529 Words   |  7 PagesCONFIDENCE OF INVESTORS ADDRESS BY: COLONEL HAMEED IBRAHIM ALI (RETIRED) COMPTROLLER GENERAL, NIGERIA CUSTOMS SERVICE DELIVERED AT NIGERIA ARAB ECONOMIC SUMMIT 2017 MARCH 13, 2017. RITZ CARLTON INTERNATIONAL FINANCE CENTRE DUBAI, UAE 1. Introduction: The renewal of Nigeria’s promise to its citizens is a process that requires a vision of prosperity, security, productivity and global pride. This cannot be achieved without serious effort, considerable sacrifice and extensive collaboration thatRead MoreGlobalization and Technology2170 Words   |  9 Pagesaffects the interdependence of multinational corporations and where they locate their activities. In this book Rajneesh Narula examines the international aspect of this interdependence at two levels: first, between sites, by examining the role of cross-border initiatives in the innovation process; second, between corporate entities, by studying the dynamics of inter-firm collaboration in research and development. But , the second idea which i find it says that: Technology and globalization go hand-in-hand Introduction Of The Cross Border Shopping - 1728 Words Cross-Border Shopping Introduction Emergence of revolution in the world led to globalization. Hitherto, people gain from the massive and healthy business trades across the borders. In this case, one country is able to gain from selling or buying of goods. At some point, countries realized the importance of creating a global trading arena to encourage the producers from all nations. In this regard, people enjoyed from some exemptions that interfered with flow of goods and service across borders. Despite the vast advantage that parties enjoy in this kind of trade, they face various hurdles, which demoralize them as they perform their business transactions. For instance, changes in the economic status in one of the countries result in reduction in value of goods. Likewise, some traders may suffer due to high rates of taxation in the bordering countries. Understanding the concept of cross border shopping The presence of competition in the indirect tax within the export and import zones leads to the creation of horizontal tax externalities. Vertical tax externalities may also arise between the central and regional government. In most of the cases, both countries tend to maximize revenue through tax collection through purchasing and selling of goods. One party may therefore set policies that aim at in increasing tax collection (Lucas 369). Likewise, the government may also balance the availability of imports in the country by employing certain regulations that minimizes theirShow MoreRelatedIntroduction Of The Cross Border Shopping1728 Words   |  7 Pages Cross-Border Shopping Introduction Emergence of revolution in the world led to globalization. Hitherto, people gain from the massive and healthy business trades across the borders. In this case, one country is able to gain from selling or buying of goods. At some point, countries realized the importance of creating a global trading arena to encourage the producers from all nations. In this regard, people enjoyed from some exemptions that interfered with flow of goods and service across bordersRead MoreThe Tax Policy Of Oregon And Washington1288 Words   |  6 PagesIntroduction Taxes policy is one of strategies that states have to increase their competitiveness. From 51 states nation-wide, only five states that do not impose sales tax or 0% sales tax rate. They are Alaska, Delaware, Montana, New Hampshire and Oregon. Without sales tax, in this five states, people can buy everything without spending extra dollar for tax, which mean they will have extra ‘money’ for saving or spending to other goods compared to other states because some of states impose bothRead MoreEmergence Of A Global Trading Arena1788 Words   |  8 PagesIntroduction Emergence of revolution in the world led to globalization. Hitherto, people gain from massive and healthy business trade across the borders (Lucas, 367). In this case, one country is able to gain from selling or buying of goods. Moreover, countries realized the importance of creating a global trading arena to encourage the produces from all economies through integration. In this regard, people enjoyed from some exemptions that interfered with flow of goods and service across bordersRead MoreCross Border Shopping Of Federal Economy1793 Words   |  8 Pages Cross-Border shopping in Federal Economy Introduction Emergence of revolution in the world led to globalization. Hitherto, people gain from massive and healthy business trade across the borders (Lucas, 367). In this case, one country is able to gain from selling or buying of goods. Moreover, countries realized the importance of creating a global trading arena to encourage the produces from all economies through integration. In this regard, people enjoyed from some exemptions that interfered withRead MoreImpact Of Monetary Policy In Belgium714 Words   |  3 Pagesrates and costs, it allows for easier cross-border trade for companies. This creates a more stable economy and provides consumers more choices. When looking at the tourist industry a single currency is a tremendous advantage as it encourages cross-border traveling and increased shopping. Finally, the euro has developed clout. Today, the euro is one of the most important international currencies, second only to the United States dollar. Since its introduction, the Euro has averaged $1.208 againstRead More Global Markets vs. Local Realities Essay1599 Words   |  7 PagesGlobal Markets vs. Local Realities What happens to commodities when they cross cultural borders? Howes recent edited volume, Cross-Cultural Consumption, sets out explicitly to answer this very question. Through a diverse and highly accessible set of collected papers, inspired and adapted from a special issue of Anthropogie et Sociitis on Culture and Consumption, the reader finds an excellent introduction to the major themes in the anthropological approach to consumption. Situated squarelyRead MoreInternational Barriers to E-commerce Essay734 Words   |  3 Pagesknown for an impressive evolution, having a major impact on all aspects of life esp., e-commerce (EC). This paper mainly explains the EC and also identifies the various international barriers to e-commerce and they can be evaluated for EC success. Introduction E-commerce is a combination of three different areas of study, namely technology, business and law/policy. EC is a kind of electronic medium for trading in goods and services. It is considered as exchanges between individuals/organizations channeledRead More Growth of Online Shopping Around the World Essay2022 Words   |  9 Pages Introduction When Amazon.com launched its online retailing strategy in 1995 and began to reap benefits, many analysts viewed doing business and shopping online with great optimism (Denise, 2004). They anticipated for a day when people would be able to order their shopping items from the comfort of their homes. Consequently, customers would see little or no need at all to physically visit traditional in-stores to make their purchases. It is now a decade and a half down the line and online shoppingRead MoreThe Rebirth Of New Nigeria: War On Corruption And Restoring1529 Words   |  7 PagesCONFIDENCE OF INVESTORS ADDRESS BY: COLONEL HAMEED IBRAHIM ALI (RETIRED) COMPTROLLER GENERAL, NIGERIA CUSTOMS SERVICE DELIVERED AT NIGERIA ARAB ECONOMIC SUMMIT 2017 MARCH 13, 2017. RITZ CARLTON INTERNATIONAL FINANCE CENTRE DUBAI, UAE 1. Introduction: The renewal of Nigeria’s promise to its citizens is a process that requires a vision of prosperity, security, productivity and global pride. This cannot be achieved without serious effort, considerable sacrifice and extensive collaboration thatRead MoreGlobalization and Technology2170 Words   |  9 Pagesaffects the interdependence of multinational corporations and where they locate their activities. In this book Rajneesh Narula examines the international aspect of this interdependence at two levels: first, between sites, by examining the role of cross-border initiatives in the innovation process; second, between corporate entities, by studying the dynamics of inter-firm collaboration in research and development. But , the second idea which i find it says that: Technology and globalization go hand-in-hand