Look at each questions, and answer the questions Essay

Look at each questions, and answer the questions - Essay Example , increased production levels, efficiency and employment all together positively impact the economics of free trade country as it results in rising living standards and increased real incomes (Edge, n.d.). In case of global or regional economic recession, the country’s economy is more dependent on global economy and therefore it is less stable in terms of export incomes, GDP, and employment in export-oriented industries. In the developing countries free trade has a high risk of â€Å"eating† smaller national producers/companies by large international giants as competition between these two parties would not be equal. In case there are no measures undertaken by government in order to protect national producer/manufacturer there is a high risk of occupation of the market by foreign goods (Edge, n.d.). (b) Assume that two countries are competitors in the international trade markets. The two governments are thinking about whether it is profitable to adopt a free trade policy or not. The entries in the table below are showing (in millions of pounds) the gains of each policy. Find the Nash equilibrium. Analyse how you conclude to your answer. The table below illustrates, that when there are imposed restrictions (tariffs) for both countries, both A and B countries lose. If country A introduces free trade policy, then country B will be better off with imposed restrictions as it gets 70 million of pounds with restrictions and only 60 million with free trade. If country A imposes restrictions, then country B is better off with high tariffs, as it will get 20 million of pounds with free trade and 30 million with imposed restrictions. If country B introduces free trade, then country A is better off with free trade as it will get 60 million with free trade and 20 million with imposed restrictions. If country B imposes restrictions, then country A is better off with imposed restrictions, as it gets 30 million imposed restrictions and only 20 million from free trade. The

Issues of the Service Plan Development Essay Example | Topics and Well Written Essays - 1500 words

Issues of the Service Plan Development - Essay Example Therefore, Salama did not have much interest at first in development of the service plan. However, after much convincing she agreed to participate with me in the process of developing the service plan. The fact that she agreed to contribute to the making of the service plan together with her articulation and wise contribution makes me think that the process of making the service plan was effective. This is because the ideas and wishes of my client were encompassed in the service plan including identifying issues, setting goals, developing action plan, setting timelines, and estimating the outcomes. However, since Salama was a new migrant with no legal documents to work in Canada, we realized that we needed to look for the documents from the relevant authority before she could start working as we had planned. Thus, in future I would ensure that my client has the necessary documents to enable work according to the plans and therefore, avoid misses in meeting the timelines set. Further, because of the nature of my client having children and having no one to babysit them, we had to look for a babysitter first before she started looking for work. This was also an oversight in our planning because it delayed meeting certain goals and timelines and where we managed to meet timelines and outcomes were not as expected in our plan. Since I was the expert in the area of service planning, I made most of the suggestions that were included in the service plan. Salama on her part could only expound and seek clarification on what each goal implied in respect of her welfare. Nevertheless, her contribution was highly valued especially in the area of work and how she wanted to meet the goals that were set in the timelines. On my part, I believe that the goals that were set in the service plan are within reach of my client since they are all directed towards facilitating her