Corporate Tax: What It Is, What You Can Deduct, and How It Works Who bears the cost of corporate taxes? The cost of corporate taxes is borne by the shareholders of the corporation in the form of reduced dividends and by the employees in the form of reduced wages. The cost is also borne by … Read more
An oligopsony is a market structure in which there are only a few buyers. This can lead to market power, where the buyers can influence prices. Oligopsonies are often found in industries with few firms, such as the automobile industry. What are some examples of oligopolies? An oligopoly is a market structure in which a … Read more
A tariff is a tax imposed on imported goods and services. The purpose of tariffs is to protect domestic industries from foreign competition by making imported goods more expensive. Tariffs can also be used to raise revenue for the government. Tariffs are important because they can have a significant impact on the economy. They can … Read more
Incorporeal rights are rights that are not attached to a physical object. They are intangible rights that exist in the abstract. Examples of incorporeal rights include copyright, patent, and trademark. These rights are enforced by the government in order to protect the intellectual property of individuals and businesses. What is incorporeal property give an example? … Read more
The staple thesis is a theory of economic development which emphasizes the role of primary commodities in the formation of wealth. The theory suggests that countries which are endowed with abundant natural resources (e.g. oil, minerals, timber, etc.) are more likely to experience economic growth than those without such resources. The staple thesis was first … Read more
The term “national treatment” refers to the principle under which a host country extends the same treatment to foreign investors as it does to its own investors. This principle is enshrined in a number of international agreements, including the World Trade Organization’s (WTO) articles on investment and services. Under the national treatment principle, a host … Read more
Export incentives are government programs designed to encourage companies to export their products and services. These programs can take the form of tax breaks, subsidies, or other financial incentives. export incentives are often used as a tool to promote economic growth and to create jobs. There are two main types of export incentives: 1. Direct … Read more
Examples, Types, and Strategies. What is a Hedge Fund? A hedge fund is a type of investment fund that pools capital from investors to invest in a variety of assets, with the goal of achieving absolute or relative returns. Which hedging strategy is best? There is no one-size-fits-all answer to this question, as the best … Read more
The Hong Kong Special Administrative Region of the People’s Republic of China (HKSAR) is an autonomous territory on the southeastern coast of China. Hong Kong has a land area of 1,104 square kilometers and a population of over 7 million people. The HKSAR was established in 1997, when China resumed the exercise of sovereignty over … Read more
Trade Liberalization: What It Is, How It Works, and One Example What changes did liberalization bring in the country? Liberalization brought a number of changes to the country, including increased economic freedom, more open political competition, and more individual rights. Liberalization also resulted in increased social mobility and a more diverse society. What is liberalization … Read more
