The North American Free Trade Agreement - 1782 Words

Over the past few decades, spillover crime from Mexico to the United States of America has been an ongoing debate with regards to the North American Free Trade Agreement. Border port of entries such as California-Baja California, New Mexico-Chihuahua, Arizona-Sonora, and Texas-Chihuahua, Coahuila, Nuevo Leon, and Tamaulipas have become the forefront of political controversy here in America as a result of the North American Free Trade Agreement (NAFTA). Despite some advantages of the North American Free Trade Agreement, there have also been detrimental issues stemming from the loose barriers of free trade. Since the time NAFTA was implemented, there has been a significant increase in organized crime, to include drug trafficking and counterfeit commodities across U.S.-Mexico Borders through vehicle transportation. The validity of such criminal activity are drivers that directly impact the United States, and although they vary, they have a significant impact on those who live in a bor der city. Everyday life is influenced by spillover crime with regards to the importing of drugs and other illegal contraband that generally affects costs here in the US. Although some might argue that NAFTA has had all positive outcomes, organized crime has thrived since enforced. The North American Free Trade Agreement was first proposed with President Ronald Regan in about 1984, signed by President George H.W. Bush in 1993. With negotiations that went on for about a decade before it wasShow MoreRelatedNorth American Free Trade Agreement Essay1398 Words   |  6 Pages North American Free Trade Agreement During the most recent race for the White House we heard very little of substance from both parties, but one thing both parties seem to agree on is that free trade has been bad for the U.S. worker. One candidate proclaimed that the North American Free Trade Agreement (NAFTA) has cost the United States hundreds of thousands of jobs and another distanced herself from free trade agreements all together. It has been over twenty years since the implementation ofRead MoreThe North American Free Trade Agreement1711 Words   |  7 PagesThis paper will discuss four components of the North American Free Trade Agreement: Background, events, pros and cons. Upon the research, you will discover four online articles to provide more detail and examples. This research will indicate how it was developed and the reasoning on why it would benefit the nation. Also, it will provide events that occur after the agreement was signed by congress and the recession the countries experience during the e arly 2000s. There will be a chart locatedRead MoreThe North American Free Trade Agreement Essay1420 Words   |  6 Pagessubstance from both parties, but one thing both parties seem to agree on is that free trade has been bad for the U.S. worker. One candidate proclaimed that the North American Free Trade Agreement (NAFTA) has cost the United States hundreds of thousands of jobs and another distanced herself from free trade agreements all together. It has been over twenty years since the implementation of the North American Free Trade Agreement and many have criticized it as a bad deal for the U.S. It can be shown thatRead MoreThe North American Free Trade Agreement1036 Words   |  5 PagesThe North American Free Trade Agreement also referred to as NAFTA produced results on January 1, 1994. A trade agreement was made between each of the three of nations of North America. The United States, Canada, and Mexico. The Canadian Prime Minister, Brian Mulroney, the Mexican Presiden t, Carlos Salinas de Gortari, and previous U.S. President George H. Shrub initiated the agreement. Connections between the nations were at that point on great terms, particularly between The United States and CanadaRead MoreThe North American Free Trade Agreement Essay1863 Words   |  8 PagesThe North American Free Trade Agreement, or NAFTA, is an accordance between the United States, Mexico, and Canada that was put into effect in January 1994. This agreement was unprecedented because it integrated three countries that were at extremely different levels of economic development. It changed the economic relationship between North American countries and encouraged trade and investment among the three countries to grow considerably. The purpose of the creation of the North American FreeRead MoreThe North American Free Trade Agreement Essay1356 Words   |  6 PagesThe North American Free Trade Agreement (NAFTA) is an agreement negotiated by three countries; Canada, Mexico, and the United States. The main purpose of NAFTA is essentially to reduce trade barriers in order to promote international commerce, and open up different industries to trade, in particular textiles, agriculture, and automobile sectors. The introduction of NAFTA completely transformed North American economic relations and led to unparalleled cooperation between the U.S. Canada and MexicoRead MoreThe North American Free Trade Agreement1486 Words   |  6 PagesThe North American Free Trade Agreement (NAFTA), an agreement signed by three countries in creating rules in trade in North America. NAFTA, when being presented, was described as genuine for helping Mexico and Canada. But was NAFTA really helpings those counties or really just helping N orth America? Initially North America was being genuine about NAFTA when talking to Mexico and Canada but in reality the NAFTA caused some uneven development as the years went by. I have two stories thatRead MoreThe North American Free Trade Agreement1804 Words   |  8 Pagesunderstanding the elements of trade blocs that enable open markets between member nations while also decreasing the cost of conducting business within a country is essential in making strategic logistical decisions. The North American Free Trade Agreement (NAFTA) has provided one such trade bloc that encompasses the countries of the United States, Mexico, and Canada. Since the inception of NAFTA in 1994, significant financial results have been achieved regarding increases in trade revenue and increases inRead MoreThe North American Free Trade Agreement1018 Words   |  5 PagesThe North American Free Trade Agreement, known as NAFTA, is a trilateral trade agreement between Canada, the United States, and Mexico. Signed January 1, 1994, NAFTA’s main purpose was to reduce trading costs, increase business investments, and help the United States be more competitive in the g lobal marketplace. The agreement would eliminate all tariffs on half of all U.S. goods shipping to Mexico and introduce new regulations to encourage cross-border investments. According to President Bush, tradeRead MoreThe North American Free Trade Agreement920 Words   |  4 PagesThe North American Free Trade Agreement (NATFA) shoved the American worker down a flight of stairs in the name of Globalization NAFTA or a bill similar had been floating around Washington since 1979 a year before Reagan took office. NAFTA truly went no where for over a decade. The â€Å"North American Accord† was first proposed by the Reagan and the GOP were always in favor of passage but, it was the Progressive wing, along with many other pro-union members in the Democratic party who held NAFTA at

Capital Punishment And The Death Penalty - 1704 Words

Capital punishment or the death penalty is punishment by death of a person who has been legally tried in a court of law for a capital crime. The morality and constitutionality of the death penalty has recently come up for debate again after the European pharmaceutical companies, who produce Pentobarbital, one of the drugs most commonly used to execute the death penalty sentence via lethal injection, stopped exporting and allowing the sale of the drugs to the United States. (Steiden, 2014) (Levitt Feyerick, 2013) Since then multiple lawsuits have been filed by incarcerated individuals and opponents of the death penalty after several states began looking into new drug combinations or having variations of the banned drugs created by compounding pharmacies locally. (Levitt Feyerick, 2013) Two such lawsuits were filed by Clayton Lockett and Charles Warner, who were both found guilty of capital crimes and sentenced to death in Oklahoma. Both Lockett and Warner argued for a stay on the ir execution dates until the controversies over the new drug protocols adopted by the state of Oklahoma were cleared up. (Eckholm, 2014) Other lawsuits filed have argued that using untested drug protocols in lethal injections should be considered â€Å"cruel and unusual punishment.† (Levitt Feyerick, 2013) The debate really heated up after Clayton Lockett’s appeal for a stay was denied and he appeared to have suffered for an extended amount of time during his execution. (Steiden, 2014)Show MoreRelatedCapital Punishment : The Death Penalty1482 Words   |  6 PagesMrs. McElmoyl 12/12/14 Capital Punishment As stated by former governor of New York, Mario M. Cuomo, Always I have concluded the death penalty is wrong because it lowers us all; it is a surrender to the worst that is in us; it uses a power- the official power to kill by execution- that has never brought back a life, need inspired anything but hate. (Cuomo 1) This is one of the main arguments against capital punishment (also known as the death sentence.) Capital punishment is the ability for a governmentRead MoreThe Death Penalty And Capital Punishment931 Words   |  4 Pageswritten down (Robert). The death penalty was applied for a particularly wide range of crimes. The Romans also used death penalty for a wide range of offenses. Historically, the death sentence was often handled with torture, and executions, except that it was done in public. In this century, the death penalty, execution or capital punishment, whatever you’d like to refer it as, is the result for committing capital crimes or capital offences and it is not in public. The death penalty has been practiced byRead MoreCapital Punishment : The Death Penalty1410 Words   |  6 PagesCapital Punishment in America In 1976 the Supreme Court of the United States of America ruled the Death Penalty constitutionally permissible. The debate over capital punishment has always been a topic of great controversy. Before the Supreme Court ruling in 1976 America had been practicing capital punishment for centuries. At the current time some states enforce the death penalty, while some do not. There are differences of opinion’s relating to whether or not the death penalty is the proper wayRead MoreCapital Punishment And The Death Penalty991 Words   |  4 PagesCapital Punishment Imagine your having a normal morning, eating breakfast doing your normal routine. Suddenly your phone rings and when you answer you hear the worst news possible. One of your family members has just been murdered in cold blood. You cry, mourn, then become angry. You attend the court hearing and you sit less than 20 feet away from the murderer. Do you truly believe this person deserves to live? Or should they face a punishment that is equal to their crime? Some may say CapitalRead MoreThe Death Penalty And Capital Punishment1569 Words   |  7 Pagesthe death penalty also referred to as capital punishment. The death penalty is both useless and harmful to not only criminals but also their potential victims. This paper uses these horrific facts to try and convince the reader that the death penalty should be done away with before it is too late, although that time may have already come. With supporting evidence to support my cause, I hope that the following information sways at least one reader to see the harm of keeping the death penalty an activeRead MoreCapital Punishment And The Death Penalty1235 Words   |  5 PagesWhat is capital punishment? Why do people support it, but yet people cherish lives? Is it a moral thing to do? Should one be for or against the Death Penalty? Let’s take a look deep into the world of justices and why capital punishment still exists in today’s society. Capital punishment or the death penalty is a feder al punishment given to criminals who are convicted of murders. It is the highest law punishment available that can prevent future murders by developing fear within them. Capital punishmentRead MoreCapital Punishment And The Death Penalty1017 Words   |  5 PagesName: Lucas Falley Topic: Capital Punishment Background: Capital punishment, or the death penalty, has existed for thousands of years. For as long as there has been organized society, the death penalty has existed in numerous cultures and civilizations. Throughout the years the methods have changed, but the use of capital punishment is becoming a pressing matter. Amnesty International reports that there are 140 countries worldwide that have abolished the death penalty, while over 50 countries stillRead MoreThe Death Penalty Is A Capital Punishment1271 Words   |  6 Pages What is the death penalty? The death penalty is a capital punishment that is punishable by death or execution. This is usually given to people that have committed serious offences or capital crimes. There are 31 states in the United States that are for the death penalty. Crimes that are punishable by the death penalty, vary from state to state. Examples of such crimes are; first degree murder or premeditated murder, murder with special circumstances, such as: intende d, multiple, and murder whichRead MoreCapital Punishment And The Death Penalty1539 Words   |  7 PagesCapital punishment, otherwise known as the death penalty, has been the center of debate for a long time. Capital punishment may be defined as the â€Å"[e]xecution of an offender sentenced to death after conviction by a court of law of a criminal offense† (Capital Punishment). Up until 1846, when Michigan became the first to abolish the death sentence, all states allowed legal practice of capital punishment by the government (States). Currently, there 32 states still supporting the death penalty and 18Read MoreThe Death Penalty Of Capital Punishment1480 Words   |  6 Pagesjustice system, such as the death penalty. Capital punishment has been used many times in history all around the world, and it was quite popular. Many people argue that capital punishment is useful in deterring crime and that it is only fair that criminals receive death as punishment for a heinous crim e. On the contrary, others see the death penalty as a violation of the 8th amendment. It restricts excessive fines, and it also does not allow cruel and unusual punishment to be inflicted upon criminals

Taxation - Case Law of Water Jet Ferries

Question: Give theBrief Business Description of Water Jet Ferries and Issue? Answer: Brief Business Description of Water Jet Ferries and Issue Water Jet Ferries is ferry operator in car and truck ferry services by water-jets powered by diesel engines. Companys profitability is continually decreasing due rise in fuel cost and fall in patronage. Continuous decrease in profit can make company out from market, for sustain in market company have make modification in their engines. Now Water Jet has decided to reduce cost by making repairs and modifications in engines. These repairs and modifications done for low consumption of fuels speedily travels of vessels and making eco-friendly engine i.e. technological advancement or up gradation. Engine Manufacture of the company advises to the company to make repairs and modificationsin engines and treat it as revenue expenditure and claim deduction in under sec 25-10 of Income Tax Assessment Act 1997 for expenditure incurred on modification of engines. Treatment of Cost of Repairs and Modification Continues of any assets requires day to day repairs or modifications of parts wholly or partially. Cost of day to day repairs generally includes cost of parts, consumable and labour etc. For an illustration, Owner of a car requires regular change or repairs of tires, lubricants, engine etc. When company incurs any expenditure on repair and modification of assets than expenditure should be charged according to nature of expenditure. Expenses are to be classified in two types, revenue expenditure and capital expenditure according to nature of expenses. Let us understand concept of Revenue expenditure, and capital expenditure. Revenue Expenditure: - Revenue Expenditure is expenses incurred on maintaining assets and generating revenue. Revenue expenditure includes repair cost, maintains charges, repainting and renewal cost. Revenue nature expenses are related to the generation of Income. Capital Expenditure: - Capital Expenditures are all expenses incurred on any assets to make it usable or expenses up to use. If any expenses incurred assets after put to use but results in efficiency and effective use of assets, i.e. without those expenses output from assets is not possible: should be capitalized and depreciate at appropriate rates. Now it clarified that those expense to be considered as repairs which generates revenue, all other expenses incurred on modification or repairs of assets should be capitalized. Repairs: - Repair means restoration, renovations, and modification of assets by renewal of defective parts, fixing loose parts and lubricating the parts. Repair includes restoration of something lost or damaged. Repair for the purpose of sec 25-10 of the Income Tax Assignment Act 1997 is renewal or replacement of parts to some modification and minor or incidental improvement. Repair involves modification of assets without changing its original nature and with little technological advancement. Case Law: - In case W Thomas Co v FC of T (1965) 115 CLR 58, W Thomas Co incurred expenditure on repairs to guttering, roof, walls and two floor building and treated as revenue and claimed deduction under sec 36 of Income Tax Assessment Act 1936. In this case High Court considered as capital expenditure not repairs judgement was passed against the company stating that these expenses not of repairs but to be capitalized. In Case of Jet Ferries, the company had incurred cost on modification of engines to results low fuel consumption, high speed vessel traveling and eco-friendly engines. Engine manufacturer suggests the company that all expenses incurred on modification by company able to treat as repairs and claim deduction in tax under sec 25-10 of Income Tax Assessment Act 1997. In this case there is greater degree of technological advancement and change in its character. If any non-capital modification work is not repair than it may deductible under Income Tax Assessment Act 1997. No Deduction for notional repairs When repair and modification work is totally capital expenditure than no amount is allowable as deduction under Sec 25-10 of Income Tax Assessment Act 1997 for these as these are notional repairs. When tax payer have two alternatives, one involving expenditure on repairs and modification to involve in allowable deduction Tax and another alternative to involve non-allowable deduction from Tax. In that condition no deduction is allowed under sec 25-10 of Income Tax Assessment Act 1997. Opinion:- Our Opinion in this case is against the advice of engine manufacturer after applying the facts of W Thomas Co v FC of T (1965) 115 CLR 58. All expenses done by company on modification of engine are capital nature and to be capitalized. Sec 25-10 of Income Tax Assessment Act 1997 and Sec 53 of Income Tax Assessment Act 1936 explains the which type of expenditure incurred by tax payer for repairs is an allowable deduction in Tax and which type of expenses are not deductable. Repairs involve restoration, renovation and modification of assets without changing its original nature. But in case of Water Jet Ferries modification process involves greater degree of technological advancement resultants to change its original nature of enignes. As per our opinion it advisable to company to capitalize all expenses incurred on modification as it is of capital nature. Assets of Tax payer should be depreciated according to the use life assets as per the Income Tax Assessment Act 1997. Use full life of Car is 8 Years as per Income Tax Assessment Act 1997, so rate of depreciation for car is 12.5%. While Use full life of Truck is 15 years as per Income Tax Assessment Act, 1997, so rate of depreciation is 6.67%. References: ANON, N.D., Repairs, Maintenance and replacement expenses, Accessed on 29 January 2015, https://www.ato.gov.au/Business/Deductions-for-business/Repairs,-maintenance-and-replacement-expenses/ ANON, N.D., What you can claim and when, Accessed on 29 January 2015, https://www.ato.gov.au/Business/Deductions-for-business/What-you-can-claim-and-when/ ANON, N.D., Repairs and maintenance expenses, Accessed on 29 January 2015, https://www.accountingcoach.com/terms/R/repairs-and-maintenance-expense ANON, N.D., Income Tax: Deduction for repairs, Accessed on 29 January 2015, https://law.ato.gov.au/atolaw/view.htm?DocID=TXR/TR9723/NAT/ATO/00001 ANON, N.D., What is a capital expenditure versus a revenue expenditure?, Accessed on 29 January 2015, https://www.accountingcoach.com/blog/capital-expenditure-revenue-expenditure ANON, N.D., Capital and Revenue Expenditure, Accessed on 29 January 2015, https://accounting-simplified.com/financial/fixed-assets/capital-and-revenue-expenditure.html ANON, N.D., Revenue Expenditure, Accessed on 29 January 2015, https://www.accountingtools.com/revenue-expenditure-definition

Zhou Bicycle Company location ... free essay sample

Zhou Bicycle Company location is in the state Seattle Washington in which it was founded in the year 1981 by a professor named Yong-Pin Zhou from the University of Washington. The main origin for its revenue for the company comes from Airwing. The Zhou Bicycle Company has retail outlets stores which are about 400 miles in distance from the distribution center. The retail outlets collect orders from ZBC in which the lead time is 2 days. Then they check to see if the distribution center supply has the merchandise available. ZBC does not do any backorders because they end up losing the value of the business. They offer an extensive number of bicycles in which the most favored model is the Airwing that brings in the most profit for the company. The ZBC company deals out a wide selection of bicycles in which a number of models comes from supplier in China. This usually takes up to 4 weeks after the bicycle has been ordered. We will write a custom essay sample on Zhou Bicycle Company location or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page With the required payments in the transmissions of written documents. They need to have a customs clearance to comprise with the ZBC approximates every time an order is fulfilled of 65.00. ZBC pays for the purchase of the bicycle which is abruptly 60% of the manufactured retail price on all models that are obtainable in the inventory cost of 1% a month or 12% every year from the purchase price paid by ZBC. I would propose that the future plans for ZBC is to develop an inventory plan for 2016. ZBC needs to continue to have a 95% customer service level to reduce the chances of any losses and to minimize the misplaced orders. It would benefit ZBC to Collect the statistics from past periods because this will help in forecasting the Airwing prototype for the sales of 2016 in which it be used with the future inventory planning of ZBC. Develop an inventory plan to help ZBC. What I would recommend ZBC to do is maintain higher level of inventory on hand then it already has. To justify ZBC needs no to ensure that the inventory is on a month to month basis. They should direct their attention to the projected sales for the entire year and continue a 10% inventory counting to project the annual sales. The reason for this is based on the reality of the bikes being transported from China which takes time and costs ZBC from receiving the bicycles being brought into Washington State. Then ZBC should continue to buy additional bikes to for its monthly purchases from China in which the inventory is selling. Discuss ROPs and total costs. The first costs would be to generate an inventory that would go sufficiently with their first view. Still, in time with the loss of sales from other suppliers in the cutbacks with costs of bringing bicycles into the United States. In the long run the entire costs will lessen and then the growth of profits will be successful. The main opinions are to combine the procedures with the new bicycles that are brought into the country which will warrant ZBC to center on the main part of the business to satisfy their customers. How can you address demand that is not at a level of the planning horizon? When it comes to the planning horizon they should take the into account the projected sales. They should not use month to month foundations but, instead they should take a whole year outlook. From a long-term standpoint they will need to make certain the bicycles are available for customers so they will not go to other retailers to capitalize on expanding its sales and to lessen costs related t o bring bicycles into the country. Parker Hi-Fi Systems location is in Wellesley, Massachusetts which is part or the Boston suburb in which they sell high quality products such as home entertainment systems. When they assemble their components, they use producers from all of over the world. In spite of the fact to their greatest extent Parker Hi-Fi Systems obtains components from companies that sell in large quantities from the East Coast. Some of their adverse items are LCD screens, which comes straight from their distribution center. An example, is the LCD screens are transported from Foxy, LTD which is located in Taiwan, and Boston International airport in which high quality speakers are acquired from famous manufactures such as Boss. Parker Hi-Fi Systems uses suppliers such as Raktim Pal, which accepts the order and then sets free the LCD screens one time only each month. Parker Hi-Fi Systems yearly needs are to have 500 units which are 2 each working periods and the company component price is 1,500. Parker has a relation to being small in capacity in which their quality focal point is preferably less volume and focused on the companys suppliers. The company is not often able to acquire the amounts of discounts. The company Foxy assures the delivery inside of one week preceding the receipt of the order being processed. When Parker Hi-Fi Systems receives their orders from their manufacture they have never been shorted on the LCDs. The initial time and date is one to five days. The company activity uses a percentage system that causes the preceding inventory belonging to the same costs. There obtain costs are 500 for every order which comprises the existing costs of labor that comes with every order that goes through customs and pickups at the airport. Then they have deliveries to the company in which they maintain the documentation and then they arrange to have a check issued. The importance is that the efficiencies from the supply chain. Parker CEO has told Raktim to consider come with an idea to buy the LCDs. The initial zone is closely and thoroughly checked for viable savings in inventory.