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Trade Controls Bureau (Canada)
The Trade Controls Bureau (TCB) authorizes, under the discretion of the Minister of Foreign Affairs, the import and export of goods restricted by quotas and/or tariffs A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and polic .... It also monitors the trade in certain goods and ensures the personal security of Canadians and citizens of other countries by restricting trade in dangerous goods and other materials. References Export and import control Export and Import Controls Bureau Foreign trade of Canada {{canada-gov-stub ...
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Minister Of Foreign Affairs (Canada)
The Minister of Foreign Affairs (french: Ministre des Affaires étrangères) is the minister of the Crown in the Cabinet of Canada, Canadian Cabinet who is responsible for overseeing the Government of Canada, Government of Canada's international relations and is the lead minister responsible for Global Affairs Canada, though the Minister of International Trade (Canada), minister of international trade leads on trade issues. In addition to Global Affairs Canada, the minister is also the lead in overseeing the International Centre for Human Rights and Democratic Development and the International Development Research Centre. From 1909 to 1993, the office was called the Secretary of State for External Affairs. The first two secretaries of state for external affairs, from 1909 until 1912, (Charles Murphy (Canadian politician), Charles Murphy under Sir Wilfrid Laurier and William James Roche under Sir Robert Borden) concurrently served as the Secretary of State for Canada. The two portf ...
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Import Quota
An import quota is a type of trade restriction that sets a physical limit on the quantity of a good that can be imported into a country in a given period of time. Quotas, like other trade restrictions, are typically used to benefit the producers of a good in that economy (protectionism). Quota share The quota share is a specified number or percentage of the allotment as a whole quota, that is prescribed to each individual entity. For example, the United States imposes an import quota on cars from Japan. The Japanese government may see fit to impose a quota share program to determine the number of cars each Japanese car manufacturer may export to the United States. Any extra number that a manufacturer wishes to export must be negotiated with another manufacturer that did not or cannot maximize its share of the quota. There are also quota share insurance programs, where the liability and the premiums are divided proportionally among the insurers. For example, three companies take o ...
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Tariffs
A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry. ''Protective tariffs'' are among the most widely used instruments of protectionism, along with import quotas and export quotas and other non-tariff barriers to trade. Tariffs can be fixed (a constant sum per unit of imported goods or a percentage of the price) or variable (the amount varies according to the price). Taxing imports means people are less likely to buy them as they become more expensive. The intention is that they buy local products instead, boosting their country's economy. Tariffs therefore provide an incentive to develop production and replace imports with domestic products. Tariffs are meant to reduce pressure from foreign competition and reduce the ...
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Export And Import Control
An export in international trade is a good produced in one country that is sold into another country or a service provided in one country for a national or resident of another country. The seller of such goods or the service provider is an ''exporter''; the foreign buyer is an '' importer''. Services that figure in international trade include financial, accounting and other professional services, tourism, education as well as intellectual property rights. Exportation of goods often requires the involvement of customs authorities. Firms Many manufacturing firms begin their global expansion as exporters and only later switch to another mode for serving a foreign market. Barriers There are four main types of export barriers: motivational, informational, operational/resource-based, and knowledge. Trade barriers are laws, regulations, policy, or practices that protect domestically made products from foreign competition. While restrictive business practices sometimes hav ...
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Global Affairs Canada
Global Affairs Canada (GAC; french: Affaires mondiales Canada; AMC)''Global Affairs Canada'' is the applied title under the Federal Identity Program; the legal title is Department of Foreign Affairs, Trade and Development (). is the department of the Government of Canada that manages Canada's diplomatic and consular relations, promotes Canadian international trade, and leads Canada's international development and humanitarian assistance. It is also responsible for maintaining Canadian government offices abroad with diplomatic and consular status on behalf of all government departments. History The department has undergone numerous name changes and re-organizations since its founding in 1909. Originally established as the Department of External Affairs, the department has also been known as Foreign Affairs, Trade and Development Canada, and Foreign Affairs and International Trade Canada throughout its lifetime. Origins (early 20th century) Global Affairs Canada was first found ...
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