INTERNATIONAL SALES AND MARKETING ASSIGNMENT 1: LEGAL AND REGULATORY REQUIREMENTS FOR EXPORTING PRODUCT IN INTERNATIONAL MARKET
STUDENT NAME: ANKIT ANKIT
STUDENT ID: C0721272
TABLE OF CONTENT Page No.
1) Introduction…………………. 1
2) Target Country……………… 1
3) Legal and Regulatory Requirements 1 -Pricing strategies……. 1 -Taxation
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There are both consumable and mechanical structures created from the seed of any of a few cultivars of the plant family Brassicaceae. Japan is one of the world's biggest economies and one of Canada's most critical financial and business partners.
Target Market
Canada is the world’s largest producer and exporter of canola oil. The leading importer of canola oil from Canada is Japan. Japan, Canada's best canola oil customer, which is bought an average of 1.7 million tonnes of canola seed a year since 2000/2001 valued at $580 million. The japan is the third biggest importer of canola oil from Canada .
LEGAL AND REGULATORY REQUIREMENTS FOR EXPORTING CANOLA OIL TO JAPAN
Japan's Ministry of Economy, Trade and Industry (METI) is sorted out into numerous authorities and organizations to detail and execute an extensive variety of monetary, industry and exchange arrangements, which are gone for advancing Japan's worldwide exchange and speculation, while cultivating a helpful business condition for maintaining Japan's financial
After Sir John McEwen, the former Minister for Trade, signed the Australia-Japan Commerce Agreement in 1957, the trading aspect between the two nations has developed ...
“By 1870, 90% of Japan’s international trade was controlled by Westerners living in Japan.” (Woods, SW. (2004). Japan an Illustrated History (1st Edition). Hippocrene books pg. 111).
Richard Manning Wrote the essay “The Oil We Eat – Following the Food Chain Back to Iraq” which was published in Harper’s Magazine February 2004 edition. In this essay, Manning discusses the evolution of agriculture and the consequences of it. Furthermore, Manning explores the relationship of fossil fuel, food calories and transfer of energy to illustrate earth’s prospective future. Through the use of charismatically presented factual arguments, visual powerful emotional narratives and the credibility of a few choice names, Manning creates an environment in his essay that allows flaws to escape otherwise unknown to majority reader.
Canada is the U.S.'s most important trading partner, taking in 19.2 percent of U.S. goods and services in 2003.
In addition, there is the country’s largest distribution center in Quebec. Halifax imports approximately 25 % of Canadian Tire’s shipment; on the other hand, Vancouver imports rest of them (Ouellette, 2010, p2).
The composition and structure of Canada’s trade is an ever changing entity. We are one of the chief lumber exporters in the world. We posses vast oil fields in Alberta, where there are about three-hundred billion barrels of oil as opposed to only two-hundred and sixty in Saudi Arabia. Grains are ex...
Mainly, the United States imports petroleum products and crude oil from Canada 23.3%, Venezuela 10.7%, Saudi Arabia 10.4%, Mexico 9.2%, and Nigeria 8.3%. (e. I. Administration) In addition, approximately 77 other countries import to the United States. (e. I. Administration)
1. Lorenzo’s parents used the scientific method to solve the situation of lorenzo dying by coming up will solution to his ALD problem and stayed up late every night for years straight just to find a cure for ald and to save their child and all the other kids that suffer from ald and save their lives and many other life that may yet come and suffer from ald
Export trends have been an important factor during Japan's present economic adjustment period, and the structures of Japanese exports, together with the imports, have been changing substantially in recent years. The changes in the country's export and import structures during the 1990s can be characterized by the following three key developments: (1) the weight of IT-related goods has been rising in both real exports and imports; (2) real imports of consumer goods from East Asia has been increasing; and (3) the US remains Japan's largest trading partner as a single country. Due to these factors, maintaining its comparative advantage became the priority in the current global economy.
So, if Japan does not “belong” to Asia, does it belong to some other amorphous collection of nations, namely Europe or the West? Certainly in the modern post-WWII era Japan has seen phenomenal economic growth, even to the point of threatening the US as the primary global economic power during the height of the “bubble economy.” Some credit this success to the changes implemented during the US occupation. Undoubtedly without US assistan...
Stockwin, J. A. Chapter 7: Who Runs Japan? In Governing Japan: Divided Politics in a Resurgent Economy (4th ed., pp. 46-72). London, The United Kingdom: Blackwell.
Outside of the firm, there is a vast network of banks and other companies that the Japanese firm is vigorously connected to. This is commonly known as ‘Keiretsu’ or a type of inter-personal relationship amongst various levels of the business.
The IMF was established to promote internal monetary cooperation through a permanent institution, which provides the machinery for consultation and collaboration on international monetary problems. Also, it provides temporary financial assistance to countries under adequate safeguards to help ease balance of payments adjustments. In addition, it facilitates the expansion and balanced growth of internal trade.
Production and export of oilseeds are however, dominated by a group of producing countries. The United States, China, Brazil, India, Argentina, the EU, and Canada are the world’s largest producers, which account for about 70 percent of global oilseeds output (Hoffman et al., 1999) as cited( Fenta et.al 2011). For example, in 2008-09, EU-27 total oilseeds production stood at 27.2 million metric tons while estimated production for 2009-10 stood at 29.6 million metric tons whereas China’s annual total oilseeds production for 2010-11 was estimated to be 54.6 million metric tons. Despite increasing production, erratic climatic conditions in many countries in general, and throughout the South American continent in particular, have been affecting oilseeds production. The United States, Brazil, Argentina and the EU dominate export market, which account for over 80 percent of the world oilseeds exports. Despite substantial growth in oilseeds production in the past 25 years, and recent gains in export volume, both exporters and importers have been engaged in trade distorting policies such as deferential export taxes and production subsidies. As a result, many attempts have been made to favor domestic oilseeds production at the expense of imports or to encourage domestic processing of imported oilseeds versus imports of oilseeds products. Of course, several major initiatives have been undertaken to reduce trade
Japan’s rising yen and the decline of the US dollar, East Asia Forum, 2011. Available at: